ACTIVE

CONDOR SAFETY

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Financial year 2025 · closed on 31/05/2025

Net result

40,2 k €

-24.0% YoY

Gross margin

1,1 M €

+4.3% YoY

Equity

869,5 k €

-1.1% YoY

Workforce

11,1 ETP

-2.6% YoY

What does CONDOR SAFETY do?

CONDOR SAFETY is a Private limited company incorporated in 2008. Its main activity is: Wholesale of clothing and footwear. Its registered office is in Menen. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.060.741

Incorporation

16/05/2008

Legal form

Private limited company

Registered office

Krommebeekstraat 44
8930 Menen · FlandreSee on map

Contributed capital

37 500,00 €

Latest accounts

31/05/2025

Average workforce

11,1 ETP

Activities (NACE)

46421Wholesale of clothing and footwear· main 46421Wholesale of clothing and footwear 47716Retail sale of clothing in specialised stores 47716Retail sale of clothing in specialised stores

Joint committees (2)

215
21500

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2011		2010		2009
Income statement
Gross margin	1,1 M €	+4.3%	1,1 M €	+0.5%	1,1 M €	+10.7%	973,6 k €	-3.7%	1 M €	+23.2%	820,5 k €	+11.1%	738,8 k €	+17.5%	629 k €	+42.6%	441 k €	+22.1%	361,2 k €	+17.9%	306,5 k €	-1.8%	312,1 k €	-18.9%	384,6 k €	+121%	173,8 k €	+38.3%	125,7 k €	+69.9%	74 k €
EBITDA	243,4 k €	+1.3%	240,2 k €	-24.9%	319,8 k €	+53.2%	208,7 k €	-35.2%	322,2 k €	+17.2%	275 k €	+9.6%	251 k €	-9.2%	276,5 k €	+65.2%	167,4 k €	+77.2%	94,5 k €	+28.6%	73,4 k €	+3.3%	71,1 k €	-7.0%	76,5 k €	-46.1%	141,9 k €	+15.3%	123 k €	+76.6%	69,7 k €
Operating result	119,5 k €	-15.2%	140,9 k €	-29.8%	200,8 k €	+104%	98,3 k €	-53.5%	211,5 k €	+37.3%	154 k €	-1.5%	156,4 k €	-21.9%	200,4 k €	+78.7%	112,2 k €	+99.3%	56,3 k €	+88.1%	29,9 k €	+6.4%	28,1 k €	+84.3%	15,3 k €	-86.2%	110,3 k €	+12.0%	98,5 k €	+119%	44,9 k €
Net result	40,2 k €	-24.0%	52,9 k €	-52.6%	111,6 k €	+106%	54,3 k €	-59.3%	133,2 k €	+39.2%	95,7 k €	+4.0%	92 k €	-27.2%	126,3 k €	+86.6%	67,7 k €	+213%	21,6 k €	+518%	3,5 k €	+1332%	244,1 €	-86.7%	1,8 k €	-95.2%	38,3 k €	+96.7%	19,5 k €	-15.3%	23 k €
Balance sheet
Equity	869,5 k €	-1.1%	879,3 k €	+6.4%	826,4 k €	+15.6%	714,8 k €	+8.2%	660,6 k €	+25.3%	527,3 k €	+22.2%	431,6 k €	+27.1%	339,6 k €	+59.2%	213,4 k €	+46.5%	145,7 k €	+17.4%	124,1 k €	+2.9%	120,6 k €	+0.4%	120,1 k €	+1.5%	118,3 k €	+47.9%	80 k €	+32.2%	60,5 k €
Total assets	3,3 M €	+3.5%	3,2 M €	+6.5%	3 M €	+7.5%	2,8 M €	+25.1%	2,2 M €	+27.6%	1,7 M €	-3.9%	1,8 M €	+21.2%	1,5 M €	+23.3%	1,2 M €	+22.8%	978,4 k €	+7.2%	912,7 k €	-10.6%	1 M €	+29.5%	789 k €	+31.8%	598,8 k €	+17.7%	508,7 k €	+19.3%	426,6 k €
Cash	223,6 k €	+216%	70,7 k €	-24.4%	93,6 k €	+1573%	5,6 k €	-94.9%	110,4 k €	+15.2%	95,9 k €	-15.7%	113,8 k €	+63.7%	69,5 k €	+54.3%	45 k €	+101%	22,4 k €	-18.4%	27,5 k €	+25.1%	22 k €	-69.2%	71,3 k €	+78.2%	40 k €	+537%	6,3 k €	-92.7%	85,6 k €
Debts	2,3 M €	+6.6%	2,2 M €	+6.6%	2 M €	+5.0%	1,9 M €	+32.4%	1,5 M €	+31.0%	1,1 M €	-13.0%	1,3 M €	+20.9%	1,1 M €	+16.9%	911 k €	+20.3%	757 k €	+6.3%	712,5 k €	-13.7%	825,6 k €	+38.0%	598,3 k €	+58.9%	376,4 k €	+4.0%	362,1 k €	+0.7%	359,4 k €
Other
Workforce	11,1 ETP	-2.6%	11,4 ETP	+10.7%	10,3 ETP	0.0%	10,3 ETP	+12.0%	9,2 ETP	+5.7%	8,7 ETP	+10.1%	7,9 ETP	+25.4%	6,3 ETP	+40.0%	4,5 ETP	+9.8%	4,1 ETP	+2.5%	4,0 ETP	0.0%	4,0 ETP	+42.9%	2,8 ETP	+250%	0,8 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/05/2025 · 4 active · 15 ended

Active mandates

NIBIRU

Director · 0847.111.391

Represented by Maria VERHALLEMAN

Active

Valerie Neyrinck

Director · 1023.691.181

Represented by Valerie NEYRINCK

Active

Verplancke Patsy

Director · 0779.894.450

Represented by Patsy VERPLANCKE

Active

Verplancke Wouter

Director · 0779.893.856

Represented by Wouter VERPLANCKE

Active

Ended mandates

Karin Van de Geuchte

Manager · since 16 mai 2008

Ended

Patsy Verplancke

Manager · since 16 mai 2008

Ended

Wouter Verplancke

Manager · since 16 mai 2008

Ended

NIBIRU

Mandate · 0847.111.391

Represented by Maria Verhalleman

Ended

At this address

Other companies at this address

Company	CBE no.
GROEP CONDOR SAFETY● Active	0849.147.797
NIBIRU● Active	0847.111.391
Valerie Neyrinck● Active	1023.691.181
Verplancke Patsy● Active	0779.894.450
Verplancke Wouter● Active	0779.893.856
WRS International● Active	0749.582.148

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/06/2024	01/06/2023	01/06/2022	01/06/2021	01/06/2020	01/06/2019
Closing of the financial year	31/05/2025	31/05/2024	31/05/2023	31/05/2022	31/05/2021	31/05/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/12/2025	19/12/2024	21/12/2023	19/12/2022	17/12/2021	17/12/2020
General meeting	05/11/2025	06/11/2024	02/11/2023	02/11/2022	03/11/2021	24/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/05/2025	05/11/2025	22/12/2025	Dutch	PDF
Abridged model	31/05/2024	06/11/2024	19/12/2024	Dutch	PDF
Abridged model	31/05/2023	02/11/2023	21/12/2023	Dutch	PDF
Abridged model	31/05/2022	02/11/2022	19/12/2022	Dutch	PDF
Abridged model	31/05/2021	03/11/2021	17/12/2021	Dutch	PDF
Abridged model	31/05/2020	24/11/2020	17/12/2020	Dutch	PDF
Abridged model	31/05/2019	06/11/2019	29/11/2019	Dutch	PDF
Abridged model	31/05/2018	07/11/2018	31/12/2018	Dutch	PDF
Abridged model	31/05/2017	02/11/2017	12/12/2017	Dutch	PDF
Abridged model	31/05/2016	02/11/2016	28/11/2016	Dutch	PDF
Abridged model	31/05/2015	04/11/2015	27/11/2015	Dutch	PDF
Abridged model	31/05/2014	05/11/2014	12/12/2014	Dutch	PDF
Abridged model	31/05/2013	27/11/2013	26/12/2013	Dutch	PDF
Abridged model	30/06/2011	25/01/2012	14/02/2012	Dutch	PDF
Abridged model	30/06/2010	15/01/2011	14/02/2011	Dutch	PDF
Abridged model	30/06/2009	15/01/2010	12/02/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/05/2025 · 4 active · 15 ended

Active mandates

NIBIRU

Director · 0847.111.391

Represented by Maria VERHALLEMAN

Active

Valerie Neyrinck

Director · 1023.691.181

Represented by Valerie NEYRINCK

Active

Verplancke Patsy

Director · 0779.894.450

Represented by Patsy VERPLANCKE

Active

Verplancke Wouter

Director · 0779.893.856

Represented by Wouter VERPLANCKE

Active

Ended mandates

Karin Van de Geuchte

Manager · since 16 mai 2008

Ended

Patsy Verplancke

Manager · since 16 mai 2008

Ended

Wouter Verplancke

Manager · since 16 mai 2008

Ended

NIBIRU

Mandate · 0847.111.391

Represented by Maria Verhalleman

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares24/06/2024
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN
PDF
Mandates14/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office13/01/2014
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/01/2013
ONTSLAGEN - BENOEMINGEN
PDF
Other23/07/2012
BOEKJAAR
PDF
Mandates17/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other02/06/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202540,2 k €↓
2024
Annual accounts 202452,9 k €↓
2023
Annual accounts 2023111,6 k €↑
2022
Annual accounts 202254,3 k €↓
2021
Annual accounts 2021133,2 k €↑
2020
Annual accounts 202095,7 k €↑
2019
Annual accounts 201992 k €↓
2018
Annual accounts 2018126,3 k €↑
2017
Annual accounts 201767,7 k €↑
2016
Annual accounts 201621,6 k €↑
2015
Annual accounts 20153,5 k €↑
2014
Annual accounts 2014244,1 €↓
2013
Annual accounts 20131,8 k €↓
2011
Annual accounts 201138,3 k €↑
2010
Annual accounts 201019,5 k €↓
2009
Annual accounts 200923 k €
16/05/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CONDOR SAFETY

Overview

What does CONDOR SAFETY do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline