CloudSisters

Active

Public limited companyfounded 20224 yrs activeSatenrozen 10, 2550 Kontich, BelgiumKBO/BCE: BE 0782.494.941

CloudSisters has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-525k) and a net result of €-984k. Equity is shrinking by ~237.6% per year across the filed fiscal years. Its solvency ranks better than 9% of 2821 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

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Checked score

Score 2024

0 / 100

Critical▼ -96 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability33▼-23

Solvency33▼-50

Growth55▼-10

Stability94

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.46 against 1.72 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-53.1%

Return on assets

-99.4%

Age of the figures

20 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year -€525k

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

31 d early

2023

30 d early

2022

21 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover

€1.37M▲ 132%

2023 · €589k

2022: €576k 2023: €589k

2022 → 2024

EBIT margin

-69.7%▼ 76.6pp

2023 · 7.0%

2022: 2.8% 2023: 7.0%

2022 → 2024

Net result

€-984k

2023 · €23k

2022: €11k 2023: €23k

2022 → 2024

Working capital

€-517k

2023 · €113k

2022: €111k 2023: €113k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€576k-€589k▲ 2.3%€1.37M▲ 132%

Equity€111k-€134k▲ 21.1%€-525k

Operating result€16k-€41k▲ 150%€-953k

Net result€11k-€23k▲ 122%€-984k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €953k after €41k in 2023, the lowest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €990k

55.1%

44.9%

Fixed assets €546k▲ 2,036%

Current assets €444k▲ 63.7%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-850k▼

2023 · €41k

Cash flow

€-881k▼

2023 · €24k

Solvency

-53.1%▼

2023 · 45.1%

Current ratio

0.46▼

2023 · 1.72

Quick ratio

0.46▼

2023 · 1.72

Debt / equity

-2.88▼

2023 · 1.22

ROE

187.3%▲

2023 · 17.4%

ROA

-99.4%▼

2023 · 7.8%

Interest coverage

-28.45▼

2023 · 8.11

Debt

€1.52M▲

2023 · €163k

Debt ≤ 1 year

€961k▲

2023 · €158k

Debt > 1 year

€538k

Income taxes

€1k▼

2023 · €13k

Staff costs

€554k▲

2023 · €232k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€297k€990k▲

Fixed assets21/28€26k€546k▲

Intangible fixed assets21€15k€523k▲

Tangible fixed assets22/27€10k€23k▲

Plant, machinery and equipment23€10k€23k▲

Current assets29/58€271k€444k▲

Amounts receivable within one year40/41€101k€227k▲

Trade receivables40€101k€166k▲

Other amounts receivable41-€62k

Cash at bank and in hand54/58€168k€197k▲

Deferred charges and accrued income490/1€2k€20k▲

Equity and liabilities

Total equity and liabilities10/49€297k€990k▲

Equity10/15€134k€-525k▼

Contributions10/11€100k€425k▲

Capital10€100k€425k▲

Issued capital100€100k€425k▲

Reserves13€10k€10k=

Non-distributable reserves130/1€10k€10k=

Legal reserve130€10k€10k=

Profit (loss) carried forward14€24k€-960k▼

Amounts payable17/49€163k€1.52M▲

Amounts payable after more than one year17-€538k

Financial debts170/4-€538k

Amounts payable within one year42/48€158k€961k▲

Financial debts43€10k€326k▲

Credit institutions430/8€10k€326k▲

Trade debts44€92k€528k▲

Suppliers440/4€92k€528k▲

Taxes, remuneration and social security45€56k€89k▲

Taxes450/3€16k€26k▲

Remuneration and social security454/9€40k€63k▲

Other amounts payable47/48-€18k

Accrued charges and deferred income492/3€5k€17k▲

Income statement Code20232024

Turnover70€589k€1.37M▲

Goods, raw materials, services and sundry goods60/61€332k€1.78M▲

Remuneration, social security and pensions62€232k€554k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€457€103k▲

Other operating charges640/8€781€1k▲

Gross operating margin9900€274k€-295k▼

Operating profit (loss)9901€41k€-953k▼

Financial income75/76B-€45

Recurring financial income75-€45

Financial charges65/66B€5k€30k▲

Recurring financial charges65€5k€30k▲

Profit (loss) for the period before taxes9903€36k€-983k▼

Income taxes67/77€13k€1k▼

Profit (loss) for the period9904€23k€-984k▼

Profit (loss) for the period to be appropriated9905€23k€-984k▼

Appropriation of the result

Profit (loss) to be appropriated9906€24k€-960k▼

Profit (loss) brought forward from the previous period14P€524€24k▲

Transfer to equity691/2€0-

To the legal reserve6920€0-

Social balance

Average headcount (FTE)90873.45.6▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

30-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Weakest financial yearnet €-984k ▼4322%

Net result drops to €-984k, the lowest in the series.

01-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2022net €23k ▲122%

Operating result €41k, net result €23k, both a record.

10-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 directors, no change since 2024

Gumption NV

Managing director · since 22-02-2024 · Legal entity · perm. rep.: Bart Embrechts

Current

ROPE BV

Director · since 22-02-2024 · Legal entity · perm. rep.: Mathias Van Hoorde

Current

22-02-2024 Gumption NV: Appointed as Managing director

22-02-2024 ROPE BV: Appointed as Director

Location & real-estate footprint

Registered office, Kontich · 2 establishment units since 2022

establishment All 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Satenrozen 102550 Kontich

Ground area

4,334 m²

Building footprint

1,535 m²

Volume, LiDAR

6,869 m³

2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.

2 establishment units

Cloudsisters

Satenrozen 10, 2550 KontichIT consultancy

since 20222.330.960.478

Molenweidestraat(HEU) 24, 9070 Destelbergen

Computer programming

since 20252.375.394.594

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11024G0018/00L000	Flanders	4,007 m²	1 · 1,313 m²	6.1 m · 1 fl.
44028D0012/00C000 ProtectedMonument · Townscape or village viewBosseveerhoeveSource ↗	Flanders	326 m²	1 · 221 m²	8.8 m · 2 fl.