CLOUD NINE
ActiveSummary
CLOUD NINE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €159,168 and a net result of €10,848. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 15% of 809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability46▼-18
Solvency38=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.93 in 2023; short-term debt: 84.6% and cash: 24.4% of total assets), and 86.9% of the assets are financed with debt.
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Signals
Four 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 809 sector peers (2024).
NBB · sector comparisonPosition among 809 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
on the day
2022
2 d late
2021
31 d late
2020
12 d early
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 6 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€159,168▲ 7.3%
2023 · €148,319
Total assets
€1.2m▲ 2.7%
2023 · €1.2m
Net result
€10,848▼ 71.5%
2023 · €38,066
Working capital
-€59,081▲ 23.1%
2023 · -€76,800
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€31,902▲ 186%€77,824▲ 144%€66,013▼ 15.2%€98,052▲ 48.5%€93,845▼ 4.3%
Net result-€19,769▲ 62.1%€2,749€15,798▲ 475%€38,066▲ 141%€10,848▼ 71.5%
Equity€91,707▼ 17.7%€94,456▲ 3.0%€110,253▲ 16.7%€148,319▲ 34.5%€159,168▲ 7.3%
Total assets€1.1m▲ 2.4%€1.3m▲ 24.3%€1.2m▼ 7.7%€1.2m▼ 2.4%€1.2m▲ 2.7%
Debt€967,081▲ 4.8%€1.2m▲ 26.4%€1.1m▼ 9.6%€1.0m▼ 6.0%€1.1m▲ 2.1%
Working capital-€22,861▼ 27.6%-€26,250▼ 14.8%-€152,064▼ 479%-€76,800▲ 49.5%-€59,081▲ 23.1%
Staff (FTE)26.4▲ 10.5%31.4▲ 18.9%34.4▲ 9.6%29.3▼ 14.8%30.6▲ 4.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.2m
Fixed assets
€246,788 ▲ 4.4%
Current assets
€971,813 ▲ 2.3%
Equity and liabilities €1.2m
Equity
€159,168 ▲ 7.3%
Debt
€1.1m ▲ 2.1%
Debt's share of the balance-sheet total falls from 87.5% to 86.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138,835▲
2023 · €133,661
Cash flow
€55,838▼
2023 · €73,675
Current ratio
0.94▲
2023 · 0.93
Debt to equity
6.66▼
2023 · 7.00
ROE
6.8%▼
2023 · 25.7%
ROA
0.9%▼
2023 · 3.2%
Interest coverage
3.15▼
2023 · 4.99
Debt ≤ 1 year
€1.0m▲
2023 · €1.0m
Debt > 1 year
€12,781
Income taxes
€38,965▲
2023 · €36,358
Staff costs
€1.9m▲
2023 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1.6m | €2.1m | €1.9m | €1.9m | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,783 | €41,275 | €37,413 | €35,609 | €44,990 | ▲ 26.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €93,212 | €0 | -€780 | €0 | ▲ 100% |
| Other operating charges640/8 | - | €21,022 | €8,586 | €22,167 | €9,076 | ▼ 59.1% |
| Gross operating margin9900 | €2.7m | €1.8m | €2.2m | €2.0m | €2.1m | ▲ 3.3% |
| Operating profit (loss)9901 | €31,902 | €77,824 | €66,013 | €98,052 | €93,845 | ▼ 4.3% |
| Financial income75/76B | - | €68 | €234 | €3,177 | €62 | ▼ 98.1% |
| Recurring financial income75 | €2,020 | €68 | €234 | €3,177 | €62 | ▼ 98.1% |
| Financial charges65/66B | - | €17,093 | €16,011 | €26,805 | €44,094 | ▲ 64.5% |
| Recurring financial charges65 | €36,996 | €17,093 | €16,011 | €26,805 | €44,094 | ▲ 64.5% |
| Profit (loss) for the period before taxes9903 | -€3,074 | €60,799 | €50,236 | €74,424 | €49,813 | ▼ 33.1% |
| Income taxes67/77 | €16,696 | €58,050 | €34,438 | €36,358 | €38,965 | ▲ 7.2% |
| Profit (loss) for the period9904 | -€19,769 | €2,749 | €15,798 | €38,066 | €10,848 | ▼ 71.5% |
| Profit (loss) for the period to be appropriated9905 | -€19,769 | €2,749 | €15,798 | €38,066 | €10,848 | ▼ 71.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.3m | €1.2m | €1.2m | €1.2m | ▲ 2.7% |
| Fixed assets21/28 | €286,173 | €276,844 | €267,297 | €236,384 | €246,788 | ▲ 4.4% |
| Intangible fixed assets21 | €221,776 | €225,217 | €210,456 | €189,587 | €169,973 | ▼ 10.3% |
| Tangible fixed assets22/27 | €43,567 | €30,795 | €36,011 | €25,966 | €69,666 | ▲ 168% |
| Land and buildings22 | - | - | - | - | €6,754 | - |
| Plant, machinery and equipment23 | - | €1,251 | €13,910 | €9,599 | €27,882 | ▲ 190% |
| Furniture and vehicles24 | - | €13,905 | €10,433 | €8,671 | €30,544 | ▲ 252% |
| Other tangible fixed assets26 | - | €15,639 | €11,668 | €7,696 | €4,487 | ▼ 41.7% |
| Financial fixed assets28 | €20,831 | €20,831 | €20,831 | €20,831 | €7,149 | ▼ 65.7% |
| Current assets29/58 | €772,615 | €1.0m | €947,643 | €949,844 | €971,813 | ▲ 2.3% |
| Amounts receivable within one year40/41 | €607,919 | €660,814 | €675,384 | €774,850 | €663,013 | ▼ 14.4% |
| Trade receivables40 | - | €629,321 | €615,607 | €742,296 | €628,674 | ▼ 15.3% |
| Other amounts receivable41 | - | €31,493 | €59,777 | €32,554 | €34,339 | ▲ 5.5% |
| Cash at bank and in hand54/58 | €151,457 | €361,249 | €258,320 | €160,422 | €296,986 | ▲ 85.1% |
| Deferred charges and accrued income490/1 | - | €17,474 | €13,939 | €14,573 | €11,814 | ▼ 18.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.3m | €1.2m | €1.2m | €1.2m | ▲ 2.7% |
| Equity10/15 | €91,707 | €94,456 | €110,253 | €148,319 | €159,168 | ▲ 7.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €73,107 | €75,856 | €91,653 | €129,719 | €140,568 | ▲ 8.4% |
| Distributable reserves133 | - | €75,856 | €91,653 | €129,719 | €140,568 | ▲ 8.4% |
| Amounts payable17/49 | €967,081 | €1.2m | €1.1m | €1.0m | €1.1m | ▲ 2.1% |
| Amounts payable after more than one year17 | €150,000 | €150,000 | €0 | - | €12,781 | - |
| Financial debts170/4 | - | €150,000 | €0 | - | €12,781 | - |
| Amounts payable within one year42/48 | €795,476 | €1.1m | €1.1m | €1.0m | €1.0m | ▲ 0.4% |
| Current portion of amounts payable after more than one year42 | - | €94,900 | €0 | - | €8,598 | - |
| Financial debts43 | - | €112,137 | €230,121 | €230,756 | €233,950 | ▲ 1.4% |
| Credit institutions430/8 | - | €112,137 | €230,121 | €230,756 | €233,950 | ▲ 1.4% |
| Trade debts44 | €120,513 | €401,780 | €307,901 | €303,489 | €333,294 | ▲ 9.8% |
| Suppliers440/4 | - | €401,780 | €307,901 | €303,489 | €333,294 | ▲ 9.8% |
| Taxes, remuneration and social security45 | - | €232,926 | €238,508 | €239,899 | €265,387 | ▲ 10.6% |
| Taxes450/3 | - | €74,382 | €42,358 | €42,927 | €52,490 | ▲ 22.3% |
| Remuneration and social security454/9 | - | €158,545 | €196,150 | €196,972 | €212,897 | ▲ 8.1% |
| Other amounts payable47/48 | - | €224,043 | €323,176 | €252,500 | €189,665 | ▼ 24.9% |
| Accrued charges and deferred income492/3 | - | €6,138 | €4,981 | €11,265 | €15,759 | ▲ 39.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€19,769 | €2,749 | €15,798 | €38,066 | €10,848 | ▼ 71.5% |
| + Depreciation and write-downs630 | €52,783 | €41,275 | €37,413 | €35,609 | €44,990 | ▲ 26.3% |
| Operating cash flow (approximation) | €33,014 | €44,024 | €53,211 | €73,675 | €55,838 | ▼ 24.2% |
| Investment in fixed assets (approximation) | - | -€31,946 | -€27,867 | -€4,696 | -€55,394 | ▼ 1,080% |
| Change in cash | - | €209,792 | -€102,929 | -€97,898 | €136,565 | ▲ 239% |
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
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
31-12
Financial
Equity above €150,000Eq €159,168 ▲7.3%
4 profitable years in a row build equity to €159,168.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €38,066 ▲141%
Operating result €98,052, net result €38,066, both a record.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Equity above €100,000Eq €110,253 ▲16.7%
2 profitable years in a row build equity to €110,253.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €2,749
Net result €2,749 after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-09
State Gazette act
General meeting · Approval
Director discharge · Director resignation
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
08-08
State Gazette act
General meeting · Approval
Director discharge · Director resignation
Show earlier events
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
04-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Boom · 1 establishment unit since 2003
Ground area
1,369 m²
Building footprint
393 m²
Volume, LiDAR
1,300 m³
Parcel 11005A0110/00L004, Flanders · tallest building 4.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rupelweg 8, 2850 Boom
since 20032.134.221.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11005A0110/00L004 | Flanders | 1,369 m² | 1 · 393 m² | 4.0 m · 1 fl. |
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.
Structure & network
Owners and holdings
1 owner · 1 holdingOwners 1
-
49%
Holdings 1
- Cloud Nine Group America IncUSsubsidiarySourceown accounts 202375%
According to the 2023 annual accounts of CLOUD NINE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 25,452 EUR awarded · 25,391 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,546 EUR | 7,546 EUR |
| 2024 | 1 | 5,563 EUR | 5,563 EUR |
| 2023 | 1 | 5,720 EUR | 5,720 EUR |
| 2022 | 2 | 6,623 EUR | 6,562 EUR |
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Of 1,038 companies in sector 85531 we hold annual accounts for 347. 263 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
Founded03-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
85531Driving schools for cars and motorcycles
70200Business and other management consultancy
71121Engineering and related technical consultancy, excluding land surveyors
72109Other research and development on natural sciences
73300Public relations and communication consultancy
82200Office administrative, office support and other business support activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861455020
Also
9925:BE0861455020
Registered
07-11-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.