CLOUDS
Annual accounts 2025
abbreviated format, filed on 30-03-2026, 123 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €43,000. Estimated: probably between €23,000 and €100,000.
Balance sheet
balance sheet total €177,539 on 31-12-2025in euro
in euro
Position in the sector
59.0%
Higher than 75% of 1,115 companies in 2025.
5.38
Higher than 89% of 1,093 companies in 2025.
3.4%
Higher than 56% of 1,104 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
177,539 | 138,806 | 265,293 | 395,592 | 238,435 | 289,280 | 655,831 | 554,560 | |
20 |
- | 0 | 624 | 1,248 | 1,872 | 2,496 | - | - | |
21/28 |
1,099 | 2,336 | 3,315 | 19,683 | 66,052 | 117,641 | 173,711 | 152,934 | |
21 |
- | - | 0 | 15,160 | 60,439 | 108,456 | 156,473 | 128,690 | |
22/27 |
1,099 | 1,794 | 2,773 | 3,981 | 5,071 | 8,643 | 16,696 | 23,701 | |
24 |
0 | 121 | 526 | 1,159 | 1,676 | 4,674 | 12,153 | 18,585 | |
26 |
1,099 | 1,673 | 2,247 | 2,821 | 3,395 | 3,969 | 4,543 | 5,117 | |
28 |
0 | 542 | 542 | 542 | 542 | 542 | 542 | 542 | |
29/58 |
176,440 | 136,470 | 261,354 | 374,661 | 170,511 | 169,143 | 482,119 | 401,626 | |
3 |
- | - | 0 | 99,894 | 52,000 | - | - | - | |
37 |
- | - | 0 | 99,894 | 52,000 | - | - | - | |
40/41 |
101,679 | 94,440 | 199,558 | 224,878 | 38,785 | 65,736 | 444,200 | 332,847 | |
40 |
11,650 | 89,511 | 169,616 | 193,581 | 18,083 | 64,972 | 394,964 | 332,338 | |
41 |
90,029 | 4,929 | 29,942 | 31,297 | 20,702 | 764 | 49,235 | 509 | |
50/53 |
- | - | - | - | - | - | 1 | 1 | |
54/58 |
73,677 | 42,030 | 61,797 | 48,502 | 78,603 | 94,776 | 19,431 | 41,906 | |
490/1 |
1,083 | - | 0 | 1,388 | 1,123 | 8,631 | 18,488 | 26,872 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
177,539 | 138,806 | 265,293 | 395,592 | 238,435 | 289,280 | 655,831 | 554,560 | |
10/15 |
104,813 | 98,798 | 25,201 | -61,324 | -73,908 | 32,138 | -126,767 | -43,957 | |
10/11 |
228,600 | 228,600 | 228,600 | 228,600 | 228,600 | 228,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
13 |
4,308 | 4,308 | 4,308 | 4,308 | 4,308 | 4,308 | 4,308 | 4,308 | |
130 |
- | - | - | - | - | - | 1,296 | 1,296 | |
133 |
4,308 | 4,308 | 4,308 | 4,308 | 4,308 | 4,308 | 3,012 | 3,012 | |
14 |
-128,096 | -134,111 | -207,707 | -294,232 | -306,816 | -200,770 | -149,676 | -66,866 | |
17/49 |
72,726 | 40,008 | 240,092 | 456,915 | 312,343 | 257,142 | 782,598 | 598,517 | |
17 |
1,438 | 18,407 | 34,855 | 50,798 | - | - | 361 | 4,657 | |
170/4 |
1,438 | 18,407 | 34,855 | 50,798 | - | - | 361 | 4,657 | |
42/48 |
32,788 | 21,601 | 205,237 | 406,117 | 306,558 | 251,356 | 761,451 | 593,860 | |
42 |
16,969 | 16,448 | 15,943 | 15,453 | 0 | 3,591 | 4,296 | 7,048 | |
43 |
- | - | - | 0 | 160,000 | 160,000 | 200,000 | 200,000 | |
430/8 |
- | - | - | 0 | 160,000 | 160,000 | 200,000 | 200,000 | |
44 |
11,628 | 2,358 | 175,174 | 207,585 | 71,946 | 39,009 | 536,692 | 308,963 | |
440/4 |
11,628 | 2,358 | 175,174 | 207,585 | 71,946 | 39,009 | 536,692 | 308,963 | |
46 |
- | - | 0 | 70,139 | - | - | 878 | 38,607 | |
45 |
1,453 | 113 | 13,232 | 12,755 | 28,948 | 35,853 | 19,586 | 37,638 | |
450/3 |
1,453 | 113 | 12,455 | 11,746 | 21,452 | 28,359 | 2,141 | 27,023 | |
454/9 |
- | 0 | 777 | 1,009 | 7,496 | 7,494 | 17,445 | 10,615 | |
47/48 |
2,737 | 2,682 | 888 | 100,185 | 45,664 | 12,903 | - | 1,604 | |
492/3 |
38,500 | - | - | 0 | 5,785 | 5,785 | 20,785 | - | |
| Income statement | |||||||||
76A |
- | - | - | 0 | 14,988 | - | - | - | |
9900 |
7,920 | 108,322 | 211,074 | 177,089 | 165,447 | 116,988 | 192,504 | 330,934 | |
62 |
566 | 19,547 | 99,538 | 106,905 | 193,177 | 95,383 | 205,830 | 314,109 | |
630 |
695 | 1,603 | 16,992 | 48,207 | 52,213 | 59,847 | 59,488 | 70,782 | |
640/8 |
544 | 2,756 | 1,692 | 2,219 | 1,528 | 4,655 | 4,255 | 6,808 | |
66A |
- | - | - | 0 | 13,989 | - | - | - | |
9901 |
6,115 | 84,416 | 92,852 | 19,757 | -95,460 | -42,897 | -77,069 | -60,766 | |
75/76B |
1,150 | - | 0 | 1,858 | 0 | 63 | 1,459 | 1,369 | |
75 |
1,150 | - | 0 | 1,858 | 0 | 63 | 1,459 | 1,369 | |
65/66B |
1,363 | 10,820 | 6,327 | 8,893 | 10,086 | 7,853 | 6,476 | 6,051 | |
65 |
1,363 | 10,820 | 6,327 | 8,893 | 10,086 | 7,853 | 6,476 | 6,051 | |
9903 |
5,902 | 73,596 | 86,525 | 12,723 | -105,546 | -50,687 | -82,086 | -65,448 | |
67/77 |
-113 | - | 0 | 139 | 500 | 408 | 724 | 1,417 | |
9904 |
6,015 | 73,596 | 86,525 | 12,584 | -106,046 | -51,095 | -82,810 | -66,866 | |
9905 |
6,015 | 73,596 | 86,525 | 12,584 | -106,046 | -51,095 | -82,810 | -66,866 | |
| Appropriation of the result | |||||||||
9906 |
-128,096 | -134,111 | -207,707 | -294,232 | -306,816 | -200,770 | -149,676 | -66,866 | |
14P |
-134,111 | -207,707 | -294,232 | -306,816 | -200,770 | - | - | - | |
| Social balance sheet | |||||||||
9087 |
- | 0.3 | 1.4 | 2.9 | 6.4 | 3.6 | 3.9 | 5.2 | |
Hours worked1013 |
- | 918 | 6,552 | 6,672 | 9,343 | 3,284 | 7,000 | 9,223 | |
| Document | |||||||||
The notes to these accounts have 19 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-03-2026 | 2026-00075011 | |
| 31-12-2024 | abbreviated format | 03-07-2025 | 2025-00221086 | |
| 31-12-2023 | micro format | 26-06-2024 | 2024-00164331 | |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00223958 | |
| 31-12-2021 | micro format | 29-04-2022 | 2022-20012937 | |
| 31-12-2020 | micro format | 22-07-2021 | 2021-38200559 | |
| 31-12-2019 | abbreviated format | 24-07-2020 | 2020-33700086 | |
| 31-12-2018 | micro format | 22-07-2019 | 2019-36200382 |
Subsidies and aid
Flemish government 2022, 2 entries, €13,913 awarded, €13,913 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 6,810 | 86,019 | 109,843 | 67,965 | -43,247 | 16,950 | -17,581 | 10,016 | ||
| 6,710 | 75,199 | 103,516 | 60,792 | -53,833 | 8,752 | -23,322 | 3,917 | ||
| 0 | 624 | 0 | 1,214 | 624 | 3,777 | 80,265 | 251,615 | ||
| 31,648 | -19,767 | 13,295 | -30,102 | -16,173 | 75,345 | -22,476 | - | ||
| 143,652 | 114,868 | 56,117 | -31,456 | -136,047 | -82,214 | -279,332 | -192,234 | ||
| 59.0% | 71.2% | 9.5% | -15.5% | -31.0% | 11.1% | -19.3% | -7.9% | ||
| 5.38 | 6.32 | 1.27 | 0.92 | 0.56 | 0.67 | 0.63 | 0.68 | ||
| 5.38 | 6.32 | 1.27 | 0.68 | 0.39 | 0.67 | 0.63 | 0.68 | ||
| 0.69 | 0.40 | 9.53 | - | - | 8.00 | - | - | ||
| 5.7% | 74.5% | 343.3% | - | - | -159.0% | - | - | ||
| 3.4% | 53.0% | 32.6% | 3.2% | -44.5% | -17.7% | -12.6% | -12.1% | ||
| 5.00 | 7.95 | 17.36 | 7.64 | -4.29 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | - | 4 | 4 |
| full-time | - | - | 4 | 4 |
| part-time | - | - | 0 | 0 |
| in full-time equivalents | - | - | 4 | 0 |
| 0.3 | 1.4 | 2.4 | 6.4 | |
| On a permanent contract | - | - | - | 4 |
| Joined | 27 | 100 | 124 | 31 |
| Left | 27 | 100 | 124 | 30 |
Source: social balance sheet in the 2021 to 2024 annual accounts
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| - | - | - | €80,000 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,214 | - |
| Financial fixed assets | €0 | - | €0 | - | - |
| €695 | €1,603 | €16,992 | €48,207 | €52,213 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on CLOUDS
The operating result for 2025 is 93% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 28.8% to 41.0%. Equity and debt are higher.