CLOUD GROUP
ActiveSummary
CLOUD GROUP has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €1.1m. Equity is growing by ~42.3% per year across the filed fiscal years. Its solvency ranks better than 88% of 74 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency97▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200,000 at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.38 in 2024; short-term debt: 26.9% and cash: 10.9% of total assets), and 27.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Telecommunications (NACE 61)
about 159% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.4%
Return on assets
31%
Age of the figures
9 mo
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
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
28 d early
2022
111 d early
2021
37 d early
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 23 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
In the rankings
#5 company by equity in the province of Antwerp, Telecommunications sector#8 company by staff growth in Belgium, Telecommunications sector#9 company by total assets in the province of Antwerp, Telecommunications sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.1m▲ 23.9%
2024 · €873,114
Working capital
€469,833▼ 8.5%
2024 · €513,469
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€290,293▲ 246%€818,107▲ 182%€1.1m▲ 35.8%€1.0m▼ 8.4%€1.3m▲ 23.1%
Net result€227,654above the sector's middle half▲ 779%€696,365above the sector's middle half▲ 206%€958,758above the sector's middle half▲ 37.7%€873,114above the sector's middle half▼ 8.9%€1.1mabove the sector's middle half▲ 23.9%
Equity€617,858above the sector's middle half▲ 61.4%€966,223above the sector's middle half▲ 56.4%€1.5mabove the sector's middle half▲ 52.7%€1.9mabove the sector's middle half▲ 28.7%€2.5mwithin the sector's middle half▲ 33.3%
Total assets€1.5mwithin the sector's middle half▲ 2.8%€2.3mabove the sector's middle half▲ 49.1%€3.1mabove the sector's middle half▲ 35.4%€3.4mabove the sector's middle half▲ 8.2%€3.5mwithin the sector's middle half▲ 4.2%
Debt€917,471▼ 17.4%€1.3m▲ 44.1%€1.6m▲ 22.7%€1.5m▼ 10.4%€964,833▼ 33.7%
Working capital-€1,661below the sector's middle half▲ 83.1%€30,514within the sector's middle half€481,342within the sector's middle half▲ 1,477%€513,469within the sector's middle half▲ 6.7%€469,833within the sector's middle half▼ 8.5%
Solvency40.2%within the sector's middle half▲ 14.6pp42.2%within the sector's middle half▲ 2.0pp47.6%within the sector's middle half▲ 5.4pp56.6%within the sector's middle half▲ 9.0pp72.4%above the sector's middle half▲ 15.8pp
Current ratio1.00below the sector's middle half▲ 0.011.03within the sector's middle half▲ 0.031.37within the sector's middle half▲ 0.351.38within the sector's middle half▲ 0.011.50within the sector's middle half▲ 0.12
Return on assets (ROA)14.8%above the sector's middle half▲ 13.1pp30.4%above the sector's middle half▲ 15.6pp30.9%above the sector's middle half▲ 0.5pp26.0%above the sector's middle half▼ 4.9pp31.0%above the sector's middle half▲ 4.9pp
Staff (FTE)11.3above the sector's middle half▲ 18.9%12.3above the sector's middle half▲ 8.8%13.6above the sector's middle half▲ 10.6%15.3above the sector's middle half▲ 12.5%17.3within the sector's middle half▲ 13.1%
above
within
below
the middle half (P25 to P75) of NACE 61, Telecommunications, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2021 Net result +779% on 2020. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets
€2.1m ▲ 40.4%
Current assets
€1.4m ▼ 24.5%
Equity and liabilities €3.5m
Equity
€2.5m ▲ 33.3%
Debt
€964,833 ▼ 33.7%
Debt's share of the balance-sheet total falls from 43.4% to 27.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.8m▲
2024 · €1.5m
Cash flow
€1.6m▲
2024 · €1.4m
Quick ratio
1.19▲
2024 · 1.17
Debt to equity
0.38▼
2024 · 0.77
ROE
42.8%▼
2024 · 46.0%
Interest coverage
288.99▲
2024 · 81.69
Debt ≤ 1 year
€939,797▼
2024 · €1.4m
Debt > 1 year
€25,000▼
2024 · €37,500
Income taxes
€177,110▲
2024 · €143,905
Staff costs
€1.2m▲
2024 · €1.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €597,933 | €684,786 | €858,789 | €1.0m | €1.2m | ▲ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €240,088 | €293,254 | €397,493 | €478,427 | €505,121 | ▲ 5.6% |
| Other operating charges640/8 | €6,391 | €4,236 | €4,301 | €2,080 | €2,556 | ▲ 22.9% |
| Gross operating margin9900 | €1.1m | €1.8m | €2.4m | €2.5m | €2.9m | ▲ 16.3% |
| Operating profit (loss)9901 | €290,293 | €818,107 | €1.1m | €1.0m | €1.3m | ▲ 23.1% |
| Financial income75/76B | €1,590 | €539 | €4,585 | €16,808 | €11,724 | ▼ 30.2% |
| Recurring financial income75 | €1,590 | €539 | €4,585 | €16,808 | €11,724 | ▼ 30.2% |
| Financial charges65/66B | €19,547 | €17,613 | €23,502 | €18,326 | €6,085 | ▼ 66.8% |
| Recurring financial charges65 | €19,547 | €17,613 | €23,502 | €18,326 | €6,085 | ▼ 66.8% |
| Profit (loss) for the period before taxes9903 | €272,336 | €801,033 | €1.1m | €1.0m | €1.3m | ▲ 23.8% |
| Income taxes67/77 | €44,682 | €104,668 | €133,679 | €143,905 | €177,110 | ▲ 23.1% |
| Profit (loss) for the period9904 | €227,654 | €696,365 | €958,758 | €873,114 | €1.1m | ▲ 23.9% |
| Profit (loss) for the period to be appropriated9905 | €227,654 | €696,365 | €958,758 | €873,114 | €1.1m | ▲ 23.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €2.3m | €3.1m | €3.4m | €3.5m | ▲ 4.2% |
| Fixed assets21/28 | €825,451 | €1.1m | €1.3m | €1.5m | €2.1m | ▲ 40.4% |
| Intangible fixed assets21 | €445,269 | €521,418 | €682,406 | €843,408 | €996,658 | ▲ 18.2% |
| Tangible fixed assets22/27 | €359,160 | €556,232 | €630,321 | €627,107 | €738,579 | ▲ 17.8% |
| Plant, machinery and equipment23 | €298,405 | €390,818 | €390,517 | €379,418 | €444,321 | ▲ 17.1% |
| Furniture and vehicles24 | €60,755 | €165,414 | €239,805 | €247,690 | €294,258 | ▲ 18.8% |
| Financial fixed assets28 | €21,021 | €17,181 | €17,181 | €15,100 | €350,000 | ▲ 2,218% |
| Current assets29/58 | €709,878 | €1.2m | €1.8m | €1.9m | €1.4m | ▼ 24.5% |
| Amounts receivable after more than one year29 | - | - | €53,820 | €100,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | €53,820 | €100,000 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | €293,620 | €297,924 | €363,715 | €281,838 | €289,976 | ▲ 2.9% |
| Stocks30/36 | €293,620 | €297,924 | €363,715 | €281,838 | €289,976 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €280,695 | €241,756 | €383,555 | €405,450 | €399,996 | ▼ 1.3% |
| Trade receivables40 | €247,149 | €216,430 | €255,902 | €294,832 | €340,129 | ▲ 15.4% |
| Other amounts receivable41 | €33,546 | €25,326 | €127,654 | €110,618 | €59,866 | ▼ 45.9% |
| Current investments50/53 | - | - | €503,439 | €704,016 | €250,000 | ▼ 64.5% |
| Cash at bank and in hand54/58 | €125,876 | €607,215 | €405,826 | €310,938 | €382,097 | ▲ 22.9% |
| Deferred charges and accrued income490/1 | €9,687 | €46,920 | €57,587 | €64,632 | €87,561 | ▲ 35.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €2.3m | €3.1m | €3.4m | €3.5m | ▲ 4.2% |
| Equity10/15 | €617,858 | €966,223 | €1.5m | €1.9m | €2.5m | ▲ 33.3% |
| Contributions10/11 | €368,600 | €368,600 | €368,600 | €368,600 | €368,600 | = |
| Capital10 | €368,600 | €368,600 | €368,600 | €368,600 | €368,600 | = |
| Issued capital100 | €368,600 | €368,600 | €368,600 | €368,600 | €368,600 | = |
| Uncalled capital101 | €0 | - | - | - | - | - |
| Reserves13 | €13,414 | €13,414 | €13,414 | €13,414 | €1.4m | ▲ 10,064% |
| Non-distributable reserves130/1 | €13,414 | €13,414 | €13,414 | €13,414 | €1.4m | ▲ 10,064% |
| Legal reserve130 | €13,414 | €13,414 | €13,414 | €13,414 | €13,414 | = |
| Reserves not available under the articles1311 | - | - | - | - | €1.4m | - |
| Profit (loss) carried forward14 | €235,844 | €584,209 | €1.1m | €1.5m | €798,020 | ▼ 47.4% |
| Amounts payable17/49 | €917,471 | €1.3m | €1.6m | €1.5m | €964,833 | ▼ 33.7% |
| Amounts payable after more than one year17 | €205,828 | €159,122 | €174,976 | €37,500 | €25,000 | ▼ 33.3% |
| Financial debts170/4 | €205,828 | €159,122 | €174,976 | €37,500 | €25,000 | ▼ 33.3% |
| Amounts payable within one year42/48 | €711,539 | €1.2m | €1.3m | €1.4m | €939,797 | ▼ 30.6% |
| Current portion of amounts payable after more than one year42 | €121,114 | €126,928 | €83,076 | €27,780 | €12,500 | ▼ 55.0% |
| Financial debts43 | €250,000 | €312,565 | €325,362 | €0 | - | - |
| Credit institutions430/8 | €250,000 | €312,565 | €325,362 | €0 | - | - |
| Trade debts44 | €228,877 | €192,910 | €253,177 | €676,637 | €259,003 | ▼ 61.7% |
| Suppliers440/4 | €228,877 | €192,910 | €253,177 | €676,637 | €259,003 | ▼ 61.7% |
| Taxes, remuneration and social security45 | €111,548 | €182,899 | €174,985 | €205,584 | €218,294 | ▲ 6.2% |
| Taxes450/3 | €14,363 | €60,381 | €53,889 | €30,917 | €11,364 | ▼ 63.2% |
| Remuneration and social security454/9 | €97,185 | €122,518 | €121,096 | €174,667 | €206,930 | ▲ 18.5% |
| Other amounts payable47/48 | €0 | €348,000 | €450,000 | €443,403 | €450,000 | ▲ 1.5% |
| Accrued charges and deferred income492/3 | €104 | €0 | €161,294 | €63,489 | €36 | ▼ 99.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €227,654 | €696,365 | €958,758 | €873,114 | €1.1m | ▲ 23.9% |
| + Depreciation and write-downs630 | €240,088 | €293,254 | €397,493 | €478,427 | €505,121 | ▲ 5.6% |
| Operating cash flow (approximation) | €467,742 | €989,619 | €1.4m | €1.4m | €1.6m | ▲ 17.4% |
| Investment in fixed assets (approximation) | - | -€562,635 | -€632,570 | -€634,134 | -€1.1m | ▼ 74.2% |
| Change in cash | - | €481,339 | -€201,389 | -€94,887 | €71,159 | ▲ 175% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2019net €1.1m ▲23.9%
Operating result €1.3m, net result €1.1m, both a record.
31-12
Financial
Equity above €2mEq €2.5m ▲33.3%
6 profitable years in a row build equity to €2.5m.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1mEq €1.5m ▲52.7%
4 profitable years in a row build equity to €1.5m.
11-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €500,000Eq €617,858 ▲61.4%
2 profitable years in a row build equity to €617,858.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €25,913
Net result €25,913 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Antwerpen · 1 establishment unit since 2013
Ground area
839 m²
Parcel 11808H1129/08_000, Flanders. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
Cloud Communications
since 20132.218.940.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1129/08_000 | Flanders | 839 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 8 entries · 312,337 EUR awarded · 312,337 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 9,303 EUR | 63,123 EUR |
| 2024 | 2 | 13,343 EUR | 119,343 EUR |
| 2023 | 2 | 282,467 EUR | 122,647 EUR |
| 2022 | 1 | 7,224 EUR | 7,224 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
6488WO7UR20D0M330A91
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Of 2,157 companies in sector 61200 we hold annual accounts for 696. 253 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
61200Telecommunications resale and intermediation services
63100Computing infrastructure, data processing, hosting and related activities
63910Web portal activities
63920Other information service activities
82100Office administrative and support services
82990Other business support services
Contact
Website
www.cloudgroup.be
E-mail
info@cloudgroup.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0533928877
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.