Active · per the CBE, 30 September 2026

CONDOR DEVELOPMENT

BE0636869237

Rechtspersoon Private limited company 1 establishment

CONDOR DEVELOPMENT is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 8 September 2015, 1 establishment.

Wolvertemsesteenweg 10, 1850 Grimbergen

Behind the company: DE ROOS BV, YAMAGUCHI BV.

Active for

11 year

Financials

Financial year 2026

CONDOR DEVELOPMENT from Grimbergen, company number BE0636869237, closed financial year 2026 with a result of € -215,227 after tax. For that financial year CONDOR DEVELOPMENT recorded a gross margin of € -31,614 and equity of € 562,522. Compared with financial year 2025, the result moved from € 243,472 to € -215,227. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 14, 2026.

What it is worth Healthy

€ 562,522

▼ 28% vs 2025

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -215,227

▼ still € 243,472 profit in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 531,168

▼ 15% vs 2025

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 543,922.

People and assets in 2026

Full-time equivalents

1.7

▲ 0.5 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 114,909

▲ 34% vs 2025

€ 67,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 45,898

▼ 29% vs 2025

Of which on lease € 41,409.

Debts at end 2026

Bank debt ≈ 4 years to go

€ 149,323

▼ 21% vs 2025

€ 41,159 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 22,223

▼ 85% vs 2025

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 68,560

▼ 4% vs 2025

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2023202420252026Change 2025 → 2026
Revenue - - € 1,915,134 -
Gross margin € 262,098 € 658,398 € 457,653 € -31,614 ▼ € 489,266
Profit after taxes € 77,418 € 448,135 € 243,472 € -215,227 ▼ € 458,698
Equity € 586,141 € 634,277 € 777,748 € 562,522 ▼ 28%
Total debts € 514,116 € 750,802 € 515,214 € 243,067 ▼ 53%
Cash € 266,561 € 648,211 € 626,685 € 531,168 ▼ 15%
Land & buildings - - € 23,157 € 22,448 ▼ 3%
Retained profit € 567,541 € 615,677 € 759,148 € 543,922 ▼ 28%
Dividend € 0 € 400,000 € 100,000 € 0 ▼ 100%
Bank debt € 212,131 € 175,198 € 189,701 € 149,323 ▼ 21%
Balance sheet total € 1,100,257 € 1,385,078 € 1,292,963 € 805,588 ▼ 38%
Employees (FTE) 0.9 0.8 1.2 1.7 ▲ 0.5

Key figures of CONDOR DEVELOPMENT, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.

What happened to CONDOR DEVELOPMENT?

What happened at CONDOR DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2026: loss of € 215,227 (▼ € 458,698 vs 2025). Source: NBB ↗
  • New establishment in Overijse. KBO
  • Start of the company according to the CBE. KBO
  • DE ROOS BV became a director. NBB
  • YAMAGUCHI BV became a director. NBB

In short

From € 77,418 profit in 2023 to € 215,227 loss in 2026.

Paid € 170,329 in corporate taxes since 2023.

Best year ever: 2024, with € 448,135 profit.

On average € 381,400 of value added per employee in 2025.

Management

The stake of CONDOR REAL ESTATE, YAMAGUCHI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CONDOR DEVELOPMENT

Behind CONDOR DEVELOPMENT are DE ROOS BV and YAMAGUCHI BV. The shares are held by CONDOR REAL ESTATE (100%) and YAMAGUCHI (0%).

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Directors

According to the 2026 annual accounts

DE ROOS BV

Director · represented by De Merlier Koen

Also active at: CONDOR REAL ESTATE, CAPINVEST, MANO CONSTRUCT

since 2015

YAMAGUCHI BV

Director · represented by Brankaer Kobe

Also active at: CONDOR REAL ESTATE, CAPINVEST, MANO CONSTRUCT

since 2015

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Wolvertemsesteenweg 10

1850 Grimbergen

2.245.625.719

Eeuwfeestplein 9

3090 Overijse

Active since 8 September 2015

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0636.869.237
VAT number
BE 0636.869.237
Registered office
Wolvertemsesteenweg 10, 1850 Grimbergen
Names & denominations
CONDOR DEVELOPMENT · CD
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Normale toestand
Start date
8 September 2015
Peppol
Active · Active since 21 Oct 2025
Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Activiteiten van bouwarchitecten

Activiteiten van holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Handelsbemiddeling in de groothandel in hout en bouwmaterialen

Holdings

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does CONDOR DEVELOPMENT do?
CONDOR DEVELOPMENT is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 8 September 2015, 1 establishment.
What is the address of CONDOR DEVELOPMENT?
The registered office of CONDOR DEVELOPMENT is located at Wolvertemsesteenweg 10, 1850 Grimbergen.
Is CONDOR DEVELOPMENT still active?
Yes. According to the CBE (30 September 2026) CONDOR DEVELOPMENT is active, legal situation “Normale toestand”, started on 8 September 2015.
Is CONDOR DEVELOPMENT registered on Peppol?
Yes, CONDOR DEVELOPMENT is registered on the Peppol network with ID 0208:0636869237.
What is the enterprise number of CONDOR DEVELOPMENT?
The enterprise number of CONDOR DEVELOPMENT is BE0636869237.
When was CONDOR DEVELOPMENT founded?
CONDOR DEVELOPMENT was founded on 8 September 2015.