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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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 1 from Brussel, company number BE0770906213, closed financial year 2025 with a result of € -8,747 after tax. For that financial year Condor 1 recorded a gross margin of € -3,055 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -12,226 to € -8,747. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 10, 2026.
€ 2.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,747
▲ 28 % less loss than in 2024
Profit after tax over the fiscal year.
€ 5,432
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -36,354.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 734
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -7,865 | € -3,231 | € -3,150 | € -3,055 | ▲ € 95 |
| Profit after taxes | € -11,173 | € -4,208 | € -12,226 | € -8,747 | ▲ € 3,479 |
| Equity | € 2,455,580 | € 2,451,372 | € 2,439,146 | € 2,430,399 | |
| Total debts | € 35,372 | € 27,507 | € 35,563 | € 40,785 | ▲ 15% |
| Cash | € 25,199 | € 13,126 | € 8,956 | € 5,432 | ▼ 39% |
| Retained profit | € -11,173 | € -15,381 | € -27,607 | € -36,354 | ▼ € 8,747 |
| Balance sheet total | € 2,490,952 | € 2,478,879 | € 2,474,709 | € 2,471,185 |
Key figures of Condor 1, 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 1?
What happened at Condor 1 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,747. Source: NBB ↗
- HOLDINGPAD became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,173 loss in 2022 to € 8,747 loss in 2025.
A new publication or filing at Condor 1? 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
Behind Condor 1 is HOLDINGPAD. HOLDINGPAD is also behind Rocket Finance, CONDOR HOLDCO, Condor 2 and Condor 3.
Directors
According to the 2025 annual accounts
HOLDINGPAD
Managing director · represented by Pierre-Antoine DUSOULIER
Also active at: Rocket Finance, CONDOR HOLDCO, Condor 2, Condor 3
since 2021
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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€ 427,571 gross margin · 2025
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€ 581,497 gross margin · 2025
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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
- 0770.906.213
- VAT number
- BE 0770.906.213
- Registered office
- Louizalaan 489, 1050 Brussel
- Names & denominations
- Condor 1
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2021
- Peppol
- Not registered