Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CONDOR from Bornem, company number BE0477516251, closed financial year 2025 with a result of € -48,749 after tax. For that financial year CONDOR recorded a gross margin of € -31,458 and equity of € -85,144. Compared with financial year 2024, the result moved from € -27,552 to € -48,749. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ -85,144
▼ € 48,749 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,749
▼ 77 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,415
▲ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -103,744.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 34,536
▲ 71% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 122,040
€ 2,040 is repaid this year. At this pace the long-term loan is gone in ≈ 60 years.
€ 13,115
▲ 91% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,173 | € 36,441 | € -15,972 | € -31,458 | ▼ € 15,487 |
| Profit after taxes | € 200 | € 24,071 | € -27,552 | € -48,749 | ▼ € 21,197 |
| Equity | € -32,914 | € -8,843 | € -36,395 | € -85,144 | ▼ € 48,749 |
| Total debts | € 223,709 | € 218,872 | € 220,832 | € 278,522 | ▲ 26% |
| Cash | € 11,738 | € 38,209 | € 2,493 | € 3,415 | ▲ 37% |
| Land & buildings | € 138,428 | € 132,621 | € 126,813 | € 121,006 | ▼ 5% |
| Retained profit | € -51,514 | € -27,443 | € -54,995 | € -103,744 | ▼ € 48,749 |
| Bank debt | € 129,000 | € 122,040 | € 122,040 | € 122,040 | |
| Balance sheet total | € 190,795 | € 210,029 | € 184,436 | € 193,378 | ▲ 5% |
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 July 2027.
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: loss of € 48,749. filed late Source: NBB ↗
- New establishment in Bornem. KBO
- Start of the company according to the CBE. KBO
In short
From € 200 profit in 2022 to € 48,749 loss in 2025.
Paid € 304 in corporate taxes since 2022.
Best year ever: 2023, with € 24,071 profit.
Management
Behind CONDOR is ANDY BEERNAERT ANDY.
Directors
According to the 2025 annual accounts
ANDY BEERNAERT ANDY
Andere functie
Establishments
Establishment units
Physical locations of this company
Mansbroekveld(BOR) 33
2880 Bornem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.516.251
- VAT number
- BE 0477.516.251
- Registered office
- Mansbroekveld(BOR) 33, 2880 Bornem
- Names & denominations
- CONDOR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 May 2002
- Peppol
- Active · Active since 9 Jul 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Schrijnwerk
Chapewerken
Plaatsen van vloer- en wandtegels
Isolatiewerkzaamheden