About Condor Development
Condor Development is a private limited company (BV/SRL) based in Grimbergen, founded in 2015. Its main activity is classified as "Activiteiten van bouwarchitecten". For the 2026 financial year, Condor Development reported a loss of €215,227. A year earlier, in 2025, it still made a profit of €243,472. Revenue was not published, which is common for abbreviated accounts. The gross margin came to -€31,614. It employed an average of 1 full-time equivalent. Equity stands at €562,522, a solvency ratio of 70%. In 2017 it was €107,698. 10 annual accounts are available, covering 2017 to 2026.
- Activities
- Signals
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Reporting lossesReporting losses € -215K
The company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -153KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -149KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 563KStrong equity provides a buffer against setbacks.
Low riskLow risk 69.8%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 4.07A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Healthy social debtHealthy social debt 5.5%Social debts stay manageable relative to personnel costs.
- Shareholders
- Condor Real Estate 99,98%, Yamaguchi 0,01%
Financial ratios
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2026
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2025
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2024
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2023
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€
-32K
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€
458K
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€
658K
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€
262K
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€
-149K
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€
365K
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€
598K
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€
175K
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€
-215K
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€
243K
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€
448K
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€
77K
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€
563K
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€
778K
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€
634K
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€
586K
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69.83%
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60.15%
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45.79%
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53.27%
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€
243K
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€
515K
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€
751K
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€
514K
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€
531K
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€
627K
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€
648K
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€
267K
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1
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1.80
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0.80
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Publications 3
All publications- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Wijziging Rechtsvorm - Maatschappelijke Zetel - Ontslagen - Benoemingen 22/12/2023
- Me. - Jaarrekening 31.03.2017, Ggk 12.09.2017, Ngl 14.09.2017 17611-0008-011 20/09/2017
- Rubriek Oprichting (Nieuwe Rechtspersoon, Opening Bijkantoor, Enz...) 10/09/2015
Frequently asked questions
Answers to the most common questions about Condor Development, based on official government data and the filed annual accounts.
What is the VAT number of Condor Development?
The VAT number of Condor Development is BE0636.869.237.
How many employees work at Condor Development?
In 2026, Condor Development employed 1.00 full-time equivalents (FTE).
When was Condor Development established?
Condor Development was founded in 08-09-2015.
What is the official address of Condor Development?
The official address of Condor Development is Wolvertemsesteenweg 10 Grimbergen 1850.
What is the legal form of Condor Development?
The juridical form of Condor Development is Private limited company (BV/SRL).
What is the annual revenue of Condor Development?
The 2026 accounts of Condor Development do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Condor Development a reliable company?
Condor Development is a registered Rechtspersoon with company number 0636.869.237 and can be verified through the official CBE database.
What is the credit limit of Condor Development?
The estimated credit limit of Condor Development is €27,423.
Is Condor Development still active?
Condor Development currently has the status "Normal situation" and is active.