Financials
Financial year 2025
CONDOR from Knokke-Heist, company number BE0441092850, closed financial year 2025 with a result of € 62,019 after tax. For that financial year CONDOR recorded a gross margin of € 248,179 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 82,535 to € 62,019. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 20, 2025.
€ 1.5 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 62,019
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 403,927
▲ 278% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 199,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 12,892
▼ 14% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 178
▼ 98% vs 2024
Loans from banks and other lenders, long and short.
€ 407
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,201
▼ 30% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 167,626 | € 210,467 | € 259,912 | € 248,179 | ▼ 5% |
| Profit after taxes | € 11,600 | € 58,429 | € 82,535 | € 62,019 | ▼ 25% |
| Equity | € 1,477,157 | € 1,535,587 | € 1,232,264 | € 1,482,262 | ▲ 20% |
| Total debts | € 513,574 | € 467,900 | € 1,001,961 | € 889,183 | ▼ 11% |
| Cash | € 7,725 | € 96,469 | € 106,774 | € 403,927 | ▲ 278% |
| Land & buildings | € 1,055,063 | € 1,032,515 | € 1,500,400 | € 1,425,945 | ▼ 5% |
| Retained profit | € 831,210 | € 889,640 | € 586,317 | € 836,315 | ▲ 43% |
| Dividend | € 0 | € 0 | € 385,857 | € 199,000 | ▼ 48% |
| Bank debt | € 93,414 | € 49,672 | € 8,431 | € 178 | ▼ 98% |
| Balance sheet total | € 1,990,732 | € 2,003,486 | € 2,234,224 | € 2,396,445 | ▲ 7% |
Key figures of CONDOR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to CONDOR?
What happened at CONDOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 62,019 (▼ 25% vs 2024). Source: NBB ↗
- New establishment in Knokke-Heist. KBO
- Mia Vanclooster became a director. NBB
- Peter Watteeuw became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,600 profit in 2022 to € 62,019 profit in 2025.
Paid € 124,990 in corporate taxes since 2022.
Best year ever: 2024, with € 82,535 profit.
Paid out € 584,857 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind CONDOR are Mia Vanclooster and Peter Watteeuw. The same people are also behind ARC. Mia Vanclooster is also behind Switch-IT. Peter Watteeuw is also behind PELCKMANS UITGEVERS.
Directors
According to the 2025 annual accounts
since 1990
Establishments
Establishment units
Physical locations of this company
Duinendreef 56
8301 Knokke-Heist
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0441.092.850
- VAT number
- BE 0441.092.850
- Registered office
- Duinendreef 56, 8301 Knokke-Heist
- Names & denominations
- CONDOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 1990
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Overige zakelijke dienstverlening, neg
Overige zakelijke dienstverlening, n.e.g.