Active · per the CBE, 16 September 2026

CONDOR FINCO

BE0770665691

Rechtspersoon Private limited company 1 establishment

CONDOR FINCO is filed with the CBE under the catch-all “Overige financiële dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 2 July 2021, 1 establishment.

Louizalaan 489, 1050 Brussel

Behind the company: HOLDINGPAD S. Etr..

Active for

5 year, 2 months

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

    79 other companies have their registered office at the same address; threshold 10.

  • 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.

What it is worth Growing

€ 745,253

▲ € 945,698 vs 2024

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

Profit Growing

€ 445,698

▲ still € 450,182 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2.8 million

▼ 63% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -355,747.

People and assets in 2025

Full-time equivalents

1

▲ 0.2 vs 2024

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

Wage cost

€ 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

Bank debt

€ 85.2 million

▲ 13% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 9,406

▲ € 9,110 vs 2024

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

Wages and social charges

€ 51,715

▲ 269% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

Management

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

CONDOR FINCO

Behind CONDOR FINCO is HOLDINGPAD S. Etr.. The shares are held by CONDOR HOLDCO (100%).

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Directors

According to the 2025 annual accounts

HOLDINGPAD S. Etr.

Director · represented by Pierre-Antoine Dusoulier

Also active at: CONDOR HOLDCO, CONDOR BIDCO, Condor 1, Condor 2, Condor 3, Condor 4

since 2021

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 489

1050 Brussel

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

Overige financiële dienstverlening, neg

Frequently asked questions

What does CONDOR FINCO do?
CONDOR FINCO is filed with the CBE under the catch-all “Overige financiële dienstverlening”, a code that says little about what the company actually does. Private Limited, started on 2 July 2021, 1 establishment.
What is the address of CONDOR FINCO?
The registered office of CONDOR FINCO is located at Louizalaan 489, 1050 Brussel.
Is CONDOR FINCO still active?
Yes. According to the CBE (16 September 2026) CONDOR FINCO is active, legal situation “Normale toestand”, started on 2 July 2021.
Is CONDOR FINCO registered on Peppol?
No, CONDOR FINCO is currently not registered on the Peppol network.
What is the enterprise number of CONDOR FINCO?
The enterprise number of CONDOR FINCO is BE0770665691.
When was CONDOR FINCO founded?
CONDOR FINCO was founded on 2 July 2021.