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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
CONDOR HOLDCO from Brussel, company number BE0770576710, closed financial year 2025 with a result of € -310,234 after tax. Compared with financial year 2024, the result moved from € -152,592 to € -310,234. The company made a loss. 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 June 11, 2026.
€ 156.5 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -310,234
▼ 103 % more loss than in 2024
Profit after tax over the fiscal year.
€ 149,474
▲ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -525,236.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -32,959 | € -29,450 | € -152,592 | € -310,234 | ▼ € 157,642 |
| Equity | € 155,493,766 | € 156,112,315 | € 155,959,723 | € 156,488,489 | |
| Total debts | € 37,612 | € 14,256 | € 215,480 | € 277,065 | ▲ 29% |
| Cash | € 7,653 | € 102,846 | € 80,737 | € 149,474 | ▲ 85% |
| Retained profit | € -32,959 | € -62,410 | € -215,002 | € -525,236 | ▼ € 310,234 |
| Bank debt | € 25,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 155,531,378 | € 156,126,571 | € 156,175,203 | € 156,765,554 |
Key figures of CONDOR HOLDCO, 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 HOLDCO?
What happened at CONDOR HOLDCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 310,234. Source: NBB ↗
- Camillia GAETANI became a director. NBB
- HOLDINGPAD became a director. NBB
- Mogens ELSBERG became a director. NBB
- Eiaia Partners became a director. NBB
- New establishment in Brussel. KBO
- Jeremy NAKACHE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 32,959 loss in 2022 to € 310,234 loss in 2025.
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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 CONDOR BIDCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONDOR HOLDCOBehind CONDOR HOLDCO are Jeremy NAKACHE, HOLDINGPAD, Camillia GAETANI, Mogens ELSBERG and Eiaia Partners. The shares are held by CONDOR BIDCO (0%). It owns 100% of Condor Bidco and 100% of Condor Finco itself.
Directors
According to the 2025 annual accounts
since 2021
HOLDINGPAD
Director · represented by Pierre-Antoine DUSOULIER
Also active at: Rocket Finance, Condor 1, Condor 2, Condor 3
since 2021
Camillia GAETANI
Director
since 2025
since 2021
Director · represented by Xavier Sébastien LAZARUS
Also active at: Rocket Finance, CONDOR BIDCO, Stellaris
since 2021
Shareholders
0%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Louizalaan 489
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.576.710
- VAT number
- BE 0770.576.710
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- CONDOR HOLDCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2021
- Peppol
- Not registered