Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CONDRA from Gent, company number BE0649836058, closed financial year 2025 with a result of € 48,364 after tax. For that financial year CONDRA recorded a gross margin of € 102,163 and equity of € 51,708. Compared with financial year 2024, the result moved from € 23,005 to € 48,364. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 51,708
▲ 141% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 48,364
▲ 110% vs 2024
Profit after tax over the fiscal year.
€ 38,202
Cash and bank balances on the last day of the fiscal year.
€ 18,000 paid out
37 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 126
▲ € 3,335 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,977
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 262,966
▼ 28% vs 2024
€ 27,622 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 13,661
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,466
▲ 128% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,651 | € 142,811 | € 71,071 | € 102,163 | ▲ 44% |
| Profit after taxes | € -31,836 | € 50,701 | € 23,005 | € 48,364 | ▲ 110% |
| Equity | € -18,715 | € 16,493 | € 21,498 | € 51,708 | ▲ 141% |
| Total debts | € 482,868 | € 477,128 | € 405,393 | € 398,984 | ▼ 2% |
| Cash | € 7,782 | € 17,971 | € 0 | € 38,202 | |
| Land & buildings | € 397,622 | € 380,212 | € 362,801 | € 345,391 | ▼ 5% |
| Retained profit | € -24,915 | € 10,293 | € 15,298 | € 45,508 | ▲ 197% |
| Dividend | € 0 | € 16,000 | € 18,000 | € 18,000 | |
| Bank debt | € 458,207 | € 403,185 | € 362,872 | € 262,966 | ▼ 28% |
| Balance sheet total | € 464,152 | € 493,621 | € 426,891 | € 450,692 | ▲ 6% |
Key figures of CONDRA, 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 CONDRA?
What happened at CONDRA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 48,364 (▲ 110% vs 2024). filed late Source: NBB ↗
- Kenneth Van Steenberge became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,836 loss in 2022 to € 48,364 profit in 2025.
Paid € 12,091 in corporate taxes since 2022.
Best year ever: 2023, with € 50,701 profit.
Paid out € 52,000 in dividends to the owners in total.
Management
Behind CONDRA is Kenneth Van Steenberge.
Directors
According to the 2025 annual accounts
Kenneth Van Steenberge
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Hondelee 12
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
one.com Mail
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0649.836.058
- VAT number
- BE 0649.836.058
- Registered office
- Hondelee 12, 9052 Gent
- Names & denominations
- CONDRA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 March 2016
- Peppol
- Active · Active since 4 Jan 2026
- Contact
- condra.be
- Activities · NACE
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