CloudSisters
ActiveFrom the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
CloudSisters has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€920,799) and a net result of -€1.2m. Equity is shrinking by about 112% per year across the filed financial years. Its solvency ranks better than 9% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Official details
KBO- Status
- Active since 22-02-2022 Normal situation
- Legal form
- Public limited company
- Registered office
- Satenrozen 10, 2550 Kontich
- Activity
- Computer consultancy and computer facilities management NACE 62200and 1 other
- Establishment units
- 2.330.960.478 2550 Kontich, since 22-02-2022
- 2.375.394.594 9070 Destelbergen, since 01-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 21-12-2025
Who decides
- GUMPTIONChair · permanent representative EMBRECHTS Bart Karel Rosa
- ROPEManaging director · permanent representative VAN HOORDE Mathias Marnix Hippoliet
- AirwaveDirector · since 21-02-2022 · permanent representative VINDEVOGEL Peter Romain Daniel Maria
- ChismoorDirector · since 03-04-2024 · permanent representative REYNTJENS Wouter Jozef Germaine Rudi Marleen
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Turnover
- €1.7m
- ▲ 26.3%
- Loss
- €1.2m
- ▲ 26.5%
- Equity
- -€920,799
- ▼ 75.3%
- Total assets
- €1.2m
- ▲ 20.8%
- Staff
- 5.7 FTE
- ▲ 1.8%
Why 53raises riskCapped at 59: negative equityLoss of €1.2m, the second in a row (financial year 2025)Negative equity -€920,799lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Founded in 2022Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 3% on solvency, 8% on liquidity, 5% on profitability and 45% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 4 accounts on average 30 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, full format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 23-06-2026
- Format
- full format
- Reference
- 2026-00187410
2022 to 2025, 4 financial years
The operating result stays negative: a loss of €1.2m in 2025 against €952,888 in 2024; the loss grows and 2025 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2024 Total assets +233% on 2023. Capital increase of €325,000 (Official Gazette 12-04-2024).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.3% 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 497,445 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% | 0.9% |
| 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 74.5% 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 7,639 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €0.6m | €0.6m | €1.4m | €1.7m | ▲ 26.3% |
| Goods, raw materials, services and sundry goods60/61 | €0.5m | €0.3m | €1.8m | €2.2m | ▲ 25.6% |
| Remuneration, social security and pensions62 | €0.07m | €0.2m | €0.6m | €0.5m | ▼ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €457 | €0.1m | €0.3m | ▲ 202% |
| Other operating charges640/8 | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 16.1% |
| Gross operating margin9900 | €0.09m | €0.3m | -€0.3m | -€0.4m | ▼ 28.5% |
| Operating profit (loss)9901 | €0.02m | €0.04m | -€1.0m | -€1.2m | ▼ 22.7% |
| Financial income75/76B | - | - | €45 | €0.001m | ▲ 18× |
| Recurring financial income75 | - | - | €45 | €0.001m | ▲ 18× |
| Financial charges65/66B | €0.001m | €0.005m | €0.03m | €0.08m | ▲ 154% |
| Recurring financial charges65 | €0.001m | €0.005m | €0.03m | €0.08m | ▲ 154% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.04m | -€1.0m | -€1.2m | ▼ 26.6% |
| Income taxes67/77 | €0.005m | €0.01m | €0.001m | €0.001m | ▼ 0.6% |
| Profit (loss) for the period9904 | €0.01m | €0.02m | -€1.0m | -€1.2m | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.02m | -€1.0m | -€1.2m | ▼ 26.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €0.2m | €0.3m | €1.0m | €1.2m | ▲ 20.8% |
| Fixed assets21/28 | - | €0.03m | €0.5m | €0.7m | ▲ 26.2% |
| Intangible fixed assets21 | - | €0.02m | €0.5m | €0.7m | ▲ 27.8% |
| Tangible fixed assets22/27 | - | €0.01m | €0.02m | €0.02m | ▼ 10.7% |
| Plant, machinery and equipment23 | - | €0.01m | €0.02m | €0.02m | ▼ 10.7% |
| Current assets29/58 | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 14.2% |
| Amounts receivable within one year40/41 | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 29.5% |
| Trade receivables40 | €0.2m | €0.1m | €0.2m | €0.3m | ▲ 73.7% |
| Other amounts receivable41 | - | - | €0.06m | €0.007m | ▼ 89.0% |
| Cash at bank and in hand54/58 | €0.03m | €0.2m | €0.2m | €0.2m | = |
| Deferred charges and accrued income490/1 | - | €0.002m | €0.02m | €0.02m | ▼ 19.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €0.2m | €0.3m | €1.0m | €1.2m | ▲ 20.8% |
| Equity10/15 | €0.1m | €0.1m | -€0.5m | -€0.9m | ▼ 75.3% |
| Contributions10/11 | €0.1m | €0.1m | €0.4m | €1.3m | ▲ 200% |
| Capital10 | €0.1m | €0.1m | €0.4m | €1.3m | ▲ 200% |
| Issued capital100 | €0.1m | €0.1m | €0.4m | €1.3m | ▲ 200% |
| Reserves13 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Non-distributable reserves130/1 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | €0.001m | €0.02m | -€1.0m | -€2.2m | ▼ 130% |
| Amounts payable17/49 | €0.1m | €0.2m | €1.5m | €2.1m | ▲ 39.7% |
| Amounts payable after more than one year17 | - | - | €0.5m | €0.5m | = |
| Financial debts170/4 | - | - | €0.5m | €0.5m | = |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €1.0m | €1.5m | ▲ 56.0% |
| Financial debts43 | - | €0.01m | €0.3m | €0.4m | ▲ 26.4% |
| Credit institutions430/8 | - | €0.01m | €0.3m | €0.4m | ▲ 26.4% |
| Trade debts44 | €0.07m | €0.09m | €0.5m | €0.9m | ▲ 69.5% |
| Suppliers440/4 | €0.07m | €0.09m | €0.5m | €0.9m | ▲ 69.5% |
| Taxes, remuneration and social security45 | €0.03m | €0.06m | €0.09m | €0.07m | ▼ 21.8% |
| Taxes450/3 | €0.01m | €0.02m | €0.03m | €0.02m | ▼ 36.5% |
| Remuneration and social security454/9 | €0.01m | €0.04m | €0.06m | €0.05m | ▼ 15.6% |
| Other amounts payable47/48 | - | - | €0.02m | €0.1m | ▲ 576% |
| Accrued charges and deferred income492/3 | - | €0.005m | €0.02m | €0.08m | ▲ 385% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.02m | -€1.0m | -€1.2m | ▼ 26.5% |
| + Depreciation and write-downs630 | - | €457 | €0.1m | €0.3m | ▲ 202% |
| Operating cash flow (approximation) | €0.01m | €0.02m | -€0.9m | -€0.9m | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | - | -€0.6m | -€0.5m | ▲ 27.3% |
| Change in cash | - | €0.1m | €0.03m | €26 | ▼ 99.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2024 to 2025 · 3 entries · €214,057 awarded · €170,000 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €0 | €85,000 |
| 2024 | 1 | €214,057 | €85,000 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 4
Day-to-day management 2
Permanent representatives 4
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| ROPE |
|
| Airwave |
|
| Chismoor |
|
| GUMPTION |
|
| CYCLION |
|
| RSW |
|
Owners and capital
Owners
3 ownersOwners 3
-
47.67%
-
31.95%
-
20.38%
Capital and shareholders
- 25-09-2025 Capital increase of €850,000 · to €1,275,000 · 248,298 new shares · in cash
- 12-04-2024 Capital increase of €325,000 · to €425,000 · 185,714 new shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- 2 more provisions in the deed, see the deed of 12-04-2024
Articles of association, deed of 12-04-2024 (in Dutch)
Group and network
Connections & network
9 connected companiesShow 5 more companies with a shared director
History
On 22 February 2022, CloudSisters was incorporated as a public limited company.1 The name was changed to CloudSisters in 2024.2 The capital was increased 2 times between 2024 and 2025, most recently to €1.3m.23 Turnover went from €575,776 in 2022 to €1.7m in 2025 and headcount from 1 to 5.7 full-time equivalents.4
Acts, filings and financial milestones
25-09
Gazette deed
Capital & shares · Amendment of the articlesCapital · Capital increase4 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Capital, €1,275,000
- Amendment of the articles, 5
- Capital increase, €850,000
12-04
Gazette deed
Resignations: Airwave, GUMPTION and 2 othersPermanent representatives: VINDEVOGEL Peter Romain Daniel Maria, EMBRECHTS Bart Karel Rosa and 4 others · Appointments: Airwave, GUMPTION and 2 others · Capital increase25 facts ▸
- General meeting, 03-04-2024
- Capital increase, €325,000
- Capital, €425,000
- Name change, CloudSisters
- Director resignation, Airwave (director and managing director)
- Director resignation, GUMPTION (director and managing director)
- Director resignation, RSW (director)
- Director resignation, CYCLION (director)
- Permanent representative, VINDEVOGEL Peter Romain Daniel Maria
- Permanent representative, EMBRECHTS Bart Karel Rosa
- Permanent representative, DE BACKER Rafaël Jozef
- Permanent representative, VAN ODIJK Nicolas Frederic Albert
- +13 further facts in this act
22-02
Gazette deed
Appointment: ROPE BV (director)Permanent representatives: Mathias Van Hoorde and Bart Embrechts5 facts ▸
- General meeting, 20-11-2023
- Director appointment, ROPE BV (director)
- Permanent representative, Mathias Van Hoorde (director)
- Director in office, Gumption NV (managing director)
- Permanent representative, Bart Embrechts
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
2 establishment units
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11024G0018/00L000 | Flanders | 4,007 m² | 1 · 1,313 m² | 6.1 m · 1 |
| 44028D0012/00C000 | Flanders | 326 m² | 1 · 221 m² | 8.8 m · 2 |
1 of these parcels carries protected heritage: expect extra rules on renovation or sale.