Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Cond'Or from Nieuwpoort, company number BE0651959665, closed financial year 2025 with a result of € 632,249 after tax. For that financial year Cond'Or recorded a gross margin of € 788,665 and equity of € 11.9 million. Compared with financial year 2024, the result moved from € 6.3 million to € 632,249. 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 July 13, 2026.
€ 11.9 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 632,249
▼ 90% vs 2024
Profit after tax over the fiscal year.
€ 95,723
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 6.9 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 237
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,635
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 | € 482,047 | € 627,023 | € 9,679,506 | € 788,665 | ▼ 92% |
| Profit after taxes | € -4,926 | € -6,253 | € 6,288,387 | € 632,249 | ▼ 90% |
| Equity | € 4,949,542 | € 4,943,289 | € 11,231,675 | € 11,863,924 | ▲ 6% |
| Total debts | € 26,190,665 | € 26,843,307 | € 1,152,030 | € 23,872 | ▼ 98% |
| Cash | € 56,308 | € 63,646 | € 3,007,440 | € 95,723 | ▼ 97% |
| Retained profit | € -50,458 | € -56,711 | € 6,231,675 | € 6,863,924 | ▲ 10% |
| Bank debt | € 19,940,000 | € 19,940,000 | € 1,040,000 | € 0 | ▼ 100% |
| Balance sheet total | € 31,140,207 | € 31,786,595 | € 12,383,705 | € 11,887,796 | ▼ 4% |
Key figures of Cond'Or, 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 Cond'Or?
What happened at Cond'Or in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Justin Weyne stepped down as director. NBB
- Weyne Properties BV stepped down as director. NBB
- Lafaut Invest NV stepped down as director. NBB
- Lafaut Grondprojecten NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 632,249 (▼ 90% vs 2024). Source: NBB ↗
- Justin Weyne became a director. NBB
- Weyne Properties BV became a director. NBB
- Lafaut Invest NV became a director. NBB
In short
From € 4,926 loss in 2022 to € 632,249 profit in 2025.
Paid € 2.3 million in corporate taxes since 2022.
Best year ever: 2024, with € 6.3 million profit.
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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
The stake of CONDIUS, WEYNE PROPERTIES, LAFAUT GRONDPROJECTEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Cond'OrThe shares are held by CONDIUS (60%), WEYNE PROPERTIES (60%) and LAFAUT GRONDPROJECTEN (20%).
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Managing director · represented by Gino Weyne
Also active at: Noord, CONDIUS, CONDIUS RETAIL, Cond'Or Projects, Civitas Projects, Civitas
since 2023 · until 2029
Director · represented by Bernard Lafaut
Also active at: Cond'Or Projects, Ladero Immo Projects, Stuivenberg Grond, Stuivenberg Constructie
since 2023 · until 2029
Managing director · represented by Karolien Lafaut
Also active at: LB Constructie BV, DE WIJNGAARD INVEST, LAFAUT PROJECTS
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Franslaan 59 box 1
8620 Nieuwpoort
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Noord same network
€ -3,696 gross margin · 2025
CONDIUS same network
€ 2.2 million gross margin · 2025
GERIMAR
€ 31,477 gross margin · 2025
Cond'Or Projects same network
€ 85,143 gross margin · 2025
WEYNE VASTGOED
€ 42,832 gross margin · 2024
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0651.959.665
- VAT number
- BE 0651.959.665
- Registered office
- Franslaan 59 bus 1, 8620 Nieuwpoort
- Names & denominations
- Cond'Or
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 April 2016
- Peppol
- Active · Active since 27 Mar 2026