Active BE 0550.838.551Private limited company

CLOUDCODE

Hazelstraat 43 ·8800 Roeselare, Belgium· 12 yrs active

Sector: Computer programming & consultancy (62200)

Conclusion Checked

The computed 12-month bankruptcy probability of CLOUDCODE is 0.3% (very low). The 2024 annual accounts show negative equity (€-5k) and a net result of €333. Equity is growing by ~5% per year across the filed fiscal years. The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-5k
Net result	€333
Active	12 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

43 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 0

Solvency 36

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2014 — 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 12-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts — not a forecast, the extended trend.

growing Equity: growth of ~5%/year over 7 fiscal years — indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€-257

+93.4% far below sector median

Net profit

€333

-89.9% -95% vs sector

Cash flow

€-324

+98.7% far below sector median

Total assets

€8k

-33.8% -91% vs sector

Equity

€-5k

+6.2% far below sector median

Working capital

€-5k

+6.2% far below sector median

Income taxes

€3k

+1633.5% +32% vs sector

Debt

€13k

-25.2% -60% vs sector

Debt ≤ 1y

€13k

-25.2% -60% vs sector

Current ratio

0.61

-11.5% -44% vs sector

Quick ratio

0.57

-16.8% -47% vs sector

Solvency

-64.3%

-41.8% far below sector median

Debt / equity

-2.56

+20.3% far below sector median

ROE

-6.6%

+89.3% far below sector median

ROA

4.2%

-84.8% -25% vs sector

Interest coverage

-3.88

— far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	—
EBITDA	—
Net profit	€333
Cash flow	—
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€8k
Equity	€-5k
Debt	€13k
of which ≤ 1y	€13k
of which > 1y	—
Working capital	€-5k
Employees (FTE)	—

Ratios (computed)

	2024
Current ratio	0.61
Quick ratio	0.57
Working capital ratio	-64.3%
Solvency	-64.3%
Debt / equity	-2.56
Long-term debt ratio	—
Interest coverage	—
Gross margin	—
Net margin	—
ROA	4.2%
ROE	-6.6%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet — Assets
TOTAL ASSETS	20/58	€8k
Current assets	29/58	€8k
Stocks & contracts in progress	3	€475
Amounts receivable within one year	40/41	€7k
Cash & bank	54/58	€686
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€8k
Equity	10/15	€-5k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€-24k
Amounts payable	17/49	€13k
Amounts payable within one year	42/48	€13k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€1k
Operating result	9901	€419
Financial income	75	€0
Financial charges	65	€86
Result before taxes	9903	€333
Net result for the period	9904	€333
Result to be appropriated	9905	€333

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Computer programming & consultancy(62200)
Legal form	Private limited company(610)
Incorporation	23-04-2014
Status	Active
Postal code	8800

Establishment units 1 location

CLOUDCODE

Braamstraat 1E, 8800 RoeselareOntwerpen en programmeren van computerprogramma's

since 20142.230.078.302

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36302B1029/00M000	Flanders	1,377 m²	1 · 156 m²	9.6 m · 3 fl.
36505B1180/00D000	Flanders	688 m²	1 · 167 m²	—

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

12-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

15-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

22-01-2024

State Gazette act Director changes

Kurt Vuylsteke

2023

02-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

31-08-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

19-06-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

22-06-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

30-06-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

20-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

22-09-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

18-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad — acts 1 acts

All acts · 1 updated 2 years ago

2024

22-01-2024 2 directors appointed, 2 resigning, 2 reappointed Director changes·Kurt Vuylsteke

Sam Vierstraete — Niet-statutair bestuurder
Joachim Depoortere — Niet-statutair bestuurder
Sam Vierstraete — Niet-statutair bestuurder
Joachim Depoortere — Niet-statutair bestuurder
Sam Vierstraete — Niet-statutair bestuurder
Joachim Depoortere — Niet-statutair bestuurder

Notary: Kurt Vuylsteke · Kuurne

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Overige posterijen en koeriers53200Overige posterijen en koeriers53200Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Webportalen63120Activiteiten van webportalen63910

Primary activity highlighted.

Names & trade names

Legal nameNL

CLOUDCODE

Registered office

Hazelstraat 43

8800 Roeselare, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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