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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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 FINCO from Brussel, company number BE0770665691, closed financial year 2025 with a result of € 445,698 after tax. For that financial year CONDOR FINCO recorded a gross margin of € 113,311 and equity of € 745,253. Compared with financial year 2024, the result moved from € -450,182 to € 445,698. 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 June 11, 2026.
€ 745,253
▲ € 945,698 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 445,698
▲ still € 450,182 loss in 2024
Profit after tax over the fiscal year.
€ 2.8 million
▼ 63% 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 € -355,747.
People and assets in 2025
1
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 86,139
▲ 39% vs 2024
€ 86,100 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.
Debts at end 2025
€ 85.2 million
▲ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 9,406
▲ € 9,110 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,715
▲ 269% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 28,454 | € 87,187 | € 57,619 | € 113,311 | ▲ 97% |
| Profit after taxes | € 5,780 | € -358,942 | € -450,182 | € 445,698 | ▲ € 895,880 |
| Equity | € 108,679 | € 249,737 | € -200,445 | € 745,253 | ▲ € 945,698 |
| Total debts | € 54,000,640 | € 61,622,725 | € 75,728,914 | € 85,248,075 | ▲ 13% |
| Cash | € 16,319,755 | € 4,504,965 | € 7,661,502 | € 2,815,237 | ▼ 63% |
| Retained profit | € 7,679 | € -351,263 | € -801,445 | € -355,747 | ▲ € 445,698 |
| Bank debt | € 53,983,972 | € 61,571,162 | € 75,576,177 | € 85,186,954 | ▲ 13% |
| Balance sheet total | € 54,109,319 | € 61,872,462 | € 75,528,469 | € 85,993,328 | ▲ 14% |
| Employees (FTE) | 0.7 | 1 | 0.8 | 1 | ▲ 0.2 |
Key figures of CONDOR FINCO, 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 FINCO?
What happened at CONDOR FINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 445,698. Source: NBB ↗
- HOLDINGPAD S. Etr. became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,780 profit in 2022 to € 445,698 profit in 2025.
Paid € 1.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 445,698 profit.
On average € 113,300 of value added per employee in 2025.
A new publication or filing at CONDOR FINCO? We notify you, reason included.
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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 HOLDCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CONDOR FINCOBehind CONDOR FINCO is HOLDINGPAD S. Etr.. The shares are held by CONDOR HOLDCO (100%).
Directors
According to the 2025 annual accounts
Director · represented by Pierre-Antoine Dusoulier
Also active at: CONDOR HOLDCO, CONDOR BIDCO, Condor 1, Condor 2, Condor 3, Condor 4
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
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.
All companies at this address →Editions Commerciales et Industrielles
The American Women's Club of Brussels
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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
- 0770.665.691
- VAT number
- BE 0770.665.691
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- CONDOR FINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2021
- Peppol
- Not registered
- Activities · NACE
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