CLOUD EXPLORERS SOLUTIONS
ActiveSummary
CLOUD EXPLORERS SOLUTIONS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €1k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 25% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▼-49
Solvency51▲+7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.21 in 2024; short-term debt: 73.8% and cash: 6% of total assets), and 73.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 25%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €39k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
362 d late
2022
63 d early
2021
62 d early
2020
38 d early
2019
61 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€39k▲ 3.1%
2024 · €38k
2018: €59k
2019: €39k▼ -34.1% vs 2018
2020: €51k▲ +31.2% vs 2019
2021: €64k▲ +25.4% vs 2020highest in 8 years
2022: €28k▼ -56.6% vs 2021
2023: €14k▼ -48.0% vs 2022lowest in 8 years
2024: €38k▲ +164% vs 2023
2025: €39k▲ +3.1% vs 2024
2018 → 2025
Total assets
€149k▼ 25.6%
2024 · €200k
2018: €74k
2019: €68k▼ -8.4% vs 2018lowest in 8 years
2020: €159k▲ +133% vs 2019
2021: €177k▲ +11.5% vs 2020
2022: €92k▼ -48.2% vs 2021
2023: €176k▲ +92.2% vs 2022
2024: €200k▲ +13.5% vs 2023highest in 8 years
2025: €149k▼ -25.6% vs 2024
2018 → 2025
Net result
€1k▼ 95.0%
2024 · €24k
2018: €31khighest in 8 years
2019: €-20k▼ -165% vs 2018
2020: €12k▲ +160% vs 2019
2021: €13k▲ +6.7% vs 2020
2022: €-36k▼ -380% vs 2021lowest in 8 years
2023: €-13k▲ +63.2% vs 2022
2024: €24k▲ +277% vs 2023
2025: €1k▼ -95.0% vs 2024
2018 → 2025
Working capital
€36k▲ 6.1%
2024 · €34k
2018: €57k
2019: €38k▼ -33.6% vs 2018
2020: €140k▲ +268% vs 2019
2021: €154k▲ +9.8% vs 2020highest in 8 years
2022: €19k▼ -87.6% vs 2021
2023: €13k▼ -33.2% vs 2022lowest in 8 years
2024: €34k▲ +165% vs 2023
2025: €36k▲ +6.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€64k-€28k▼ 56.6%€14k▼ 48.0%€38k▲ 164%€39k▲ 3.1%
2021: €64khighest in 5 years
2022: €28k▼ -56.6% vs 2021
2023: €14k▼ -48.0% vs 2022lowest in 5 years
2024: €38k▲ +164% vs 2023
2025: €39k▲ +3.1% vs 2024
Operating result€14k-€-35k€-8k▲ 77.1%€28k€5k▼ 83.8%
2021: €14k
2022: €-35k▼ -342% vs 2021lowest in 5 years
2023: €-8k▲ +77.1% vs 2022
2024: €28k▲ +456% vs 2023highest in 5 years
2025: €5k▼ -83.8% vs 2024
Net result€13k-€-36k€-13k▲ 63.2%€24k€1k▼ 95.0%
2021: €13k
2022: €-36k▼ -380% vs 2021lowest in 5 years
2023: €-13k▲ +63.2% vs 2022
2024: €24k▲ +277% vs 2023highest in 5 years
2025: €1k▼ -95.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€3k ▼ 21.8%
Current assets
€146k ▼ 25.6%
Equity and liabilities €149k
Equity
€39k ▲ 3.1%
Debt
€110k ▼ 32.2%
Debt's share of the balance-sheet total falls from 81.1% to 73.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €29k
Cash flow
€2k▼
2024 · €24k
Current ratio
1.33▲
2024 · 1.21
Debt to equity
2.82▼
2024 · 4.28
ROE
3.0%▼
2024 · 62.1%
ROA
0.8%▼
2024 · 11.8%
Interest coverage
1.69▼
2024 · 6.04
Debt ≤ 1 year
€110k▼
2024 · €162k
Income taxes
€176▲
2024 · €160
Staff costs
€138k▼
2024 · €144k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€200k€149k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€3k€2k▼
Financial fixed assets28€900€900=
Current assets29/58€196k€146k▼
Amounts receivable within one year40/41€181k€136k▼
Trade receivables40€181k€135k▼
Other amounts receivable41€385€622▲
Cash at bank and in hand54/58€15k€9k▼
Deferred charges and accrued income490/1€154€1k▲
Equity and liabilities
Total equity and liabilities10/49€200k€149k▼
Equity10/15€38k€39k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€30k€31k▲
Amounts payable17/49€162k€110k▼
Amounts payable within one year42/48€162k€110k▼
Trade debts44€65k€26k▼
Suppliers440/4€65k€26k▼
Taxes, remuneration and social security45€97k€83k▼
Taxes450/3€68k€32k▼
Remuneration and social security454/9€28k€51k▲
Other amounts payable47/48€242€242=
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€144k€138k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€219€877▲
Other operating charges640/8€721€1k▲
Gross operating margin9900€173k€145k▼
Operating profit (loss)9901€28k€5k▼
Financial income75/76B€46€0▼
Recurring financial income75€46€0▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€24k€1k▼
Income taxes67/77€160€176▲
Profit (loss) for the period9904€24k€1k▼
Profit (loss) for the period to be appropriated9905€24k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€31k▲
Profit (loss) brought forward from the previous period14P€6k€30k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €7k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €201k | €176k | €144k | €138k | ▼ 3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €741 | €2k | €0 | €219 | €877 | ▲ 300% |
| Other operating charges640/8 | - | - | €2k | €721 | €1k | ▲ 43.0% |
| Gross operating margin9900 | €201k | €168k | €170k | €173k | €145k | ▼ 16.4% |
| Operating profit (loss)9901 | €14k | €-35k | €-8k | €28k | €5k | ▼ 83.8% |
| Financial income75/76B | - | - | €43 | €46 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €43 | €46 | €0 | ▼ 100% |
| Financial charges65/66B | - | €522 | €5k | €5k | €3k | ▼ 31.6% |
| Recurring financial charges65 | €629 | €522 | €5k | €5k | €3k | ▼ 31.6% |
| Profit (loss) for the period before taxes9903 | €14k | €-35k | €-13k | €24k | €1k | ▼ 94.3% |
| Income taxes67/77 | €914 | €566 | €582 | €160 | €176 | ▲ 10.1% |
| Profit (loss) for the period9904 | €13k | €-36k | €-13k | €24k | €1k | ▼ 95.0% |
| Profit (loss) for the period to be appropriated9905 | €13k | €-36k | €-13k | €24k | €1k | ▼ 95.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €177k | €92k | €176k | €200k | €149k | ▼ 25.6% |
| Fixed assets21/28 | €3k | €9k | €2k | €4k | €3k | ▼ 21.8% |
| Tangible fixed assets22/27 | €741 | €6k | €0 | €3k | €2k | ▼ 28.1% |
| Plant, machinery and equipment23 | - | - | - | €3k | €2k | ▼ 28.1% |
| Furniture and vehicles24 | - | €6k | €0 | - | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | €900 | €900 | = |
| Current assets29/58 | €174k | €83k | €175k | €196k | €146k | ▼ 25.6% |
| Amounts receivable within one year40/41 | €157k | €74k | €173k | €181k | €136k | ▼ 25.2% |
| Trade receivables40 | - | €65k | €168k | €181k | €135k | ▼ 25.4% |
| Other amounts receivable41 | - | €9k | €6k | €385 | €622 | ▲ 61.6% |
| Cash at bank and in hand54/58 | €18k | €9k | €307 | €15k | €9k | ▼ 38.6% |
| Deferred charges and accrued income490/1 | - | - | €1k | €154 | €1k | ▲ 698% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €177k | €92k | €176k | €200k | €149k | ▼ 25.6% |
| Equity10/15 | €64k | €28k | €14k | €38k | €39k | ▲ 3.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Distributable reserves133 | - | - | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €56k | €20k | €6k | €30k | €31k | ▲ 3.9% |
| Amounts payable17/49 | €113k | €64k | €162k | €162k | €110k | ▼ 32.2% |
| Amounts payable after more than one year17 | €93k | - | - | - | - | - |
| Amounts payable within one year42/48 | €20k | €64k | €162k | €162k | €110k | ▼ 32.2% |
| Trade debts44 | €5k | €50k | €101k | €65k | €26k | ▼ 59.7% |
| Suppliers440/4 | - | €50k | €101k | €65k | €26k | ▼ 59.7% |
| Taxes, remuneration and social security45 | - | €5k | €61k | €97k | €83k | ▼ 13.7% |
| Taxes450/3 | - | - | €44k | €68k | €32k | ▼ 53.1% |
| Remuneration and social security454/9 | - | €5k | €17k | €28k | €51k | ▲ 81.7% |
| Other amounts payable47/48 | - | €9k | €179 | €242 | €242 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13k | €-36k | €-13k | €24k | €1k | ▼ 95.0% |
| + Depreciation and write-downs630 | €741 | €2k | €0 | €219 | €877 | ▲ 300% |
| Operating cash flow (approximation) | €14k | €-34k | €-13k | €24k | €2k | ▼ 91.4% |
| Investment in fixed assets (approximation) | - | €-8k | €7k | €-3k | €0 | ▲ 100% |
| Change in cash | - | €-9k | €-9k | €14k | €-6k | ▼ 139% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
28-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 362 days late
2024
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-10
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-10
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-10
Financial
Liquidity quadruplescurrent ratio 10.36
Current ratio from 2.44 to 10.36; short-term debt falls from €26k to €15k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vilvoorde · 1 establishment unit since 2016
Ground area
1,475 m²
Building footprint
1,471 m²
Volume, LiDAR
16,722 m³
2 parcels, Brussels, Flanders · tallest building 23.6 m, ±8 floors. Linked by address, not a title deed.
43
companies at this address
See who is registered here
1 establishment unit
Similys SPRL
since 20162.282.441.771
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644H0058/00L000 | Flanders | 1,375 m² | 1 · 1,372 m² | 13.1 m · 4 fl. |
| 21803C0244/00A002 | Brussels | 100 m² | 1 · 99 m² | 23.6 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,955 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-08-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Contact
E-mail
tristan@similys.com
Phone
+32486965185
Scores and ratios are computed by Checked and are not a credit decision.