Cloudway
ActiveCloudway has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €830k and a net result of €67k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 1397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
88
/ 100
Excellent▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-13
Solvency99▼-1
Growth46=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.75 against 2.9 in 2024), and 36.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.9%
Return on assets
5.1%
Age of the figures
8 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 7 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
21 d late
2022
11 d late
2021
19 d late
2020
19 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€2.53M▲ 1.0%
2024 · €2.50M
2019: €2.56M
2020: €2.94M
2021: €2.98M
2022: €2.68M
2023: €2.36M
2024: €2.50M
2019 → 2025
EBIT margin
4.8%▼ 0.6pp
2024 · 5.4%
2019: 13.3%
2020: 16.5%
2021: 10.9%
2022: 4.3%
2023: -5.0%
2024: 5.4%
2019 → 2025
Net result
€67k▼ 38.2%
2024 · €108k
2019: €223k
2020: €347k
2021: €227k
2022: €64k
2023: €-125k
2024: €108k
2019 → 2025
Working capital
€819k▲ 6.1%
2024 · €773k
2019: €261k
2020: €609k
2021: €745k
2022: €779k
2023: €658k
2024: €773k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€2.98M-€2.68M▼ 10.1%€2.36M▼ 11.8%€2.50M▲ 6.0%€2.53M▲ 1.0%
Equity€768k-€807k▲ 5.0%€683k▼ 15.4%€790k▲ 15.8%€830k▲ 5.0%
Operating result€325k-€115k▼ 64.6%€-119k€136k€122k▼ 10.6%
Net result€227k-€64k▼ 71.6%€-125k€108k€67k▼ 38.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.30M
Fixed assets
€11k▼ 37.1%
Current assets
€1.29M▲ 9.3%
Equity and liabilities €1.30M
Equity
€830k▲ 5.0%
Provisions
€423
Debt
€469k▲ 15.5%
The debt ratio rises from 33.9% to 36.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€132k▼
2024 · €151k
Cash flow
€77k▼
2024 · €122k
Solvency
63.9%▼
2024 · 66.1%
Current ratio
2.75▼
2024 · 2.90
Quick ratio
2.75▼
2024 · 2.90
Debt / equity
0.56▲
2024 · 0.51
ROE
8.0%▼
2024 · 13.6%
ROA
5.1%▼
2024 · 9.0%
Interest coverage
3.92▼
2024 · 7.23
Debt
€469k▲
2024 · €406k
Debt ≤ 1 year
€469k▲
2024 · €406k
Income taxes
€35k▲
2024 · €23k
Staff costs
€1.03M▼
2024 · €1.03M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.20M€1.30M▲
Fixed assets21/28€18k€11k▼
Tangible fixed assets22/27€18k€11k▼
Plant, machinery and equipment23€18k€11k▼
Current assets29/58€1.18M€1.29M▲
Amounts receivable within one year40/41€1.15M€1.26M▲
Trade receivables40€406k€484k▲
Other amounts receivable41€745k€778k▲
Cash at bank and in hand54/58€10k€9k▼
Deferred charges and accrued income490/1€17k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.30M▲
Equity10/15€790k€830k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€728k€768k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€25k€25k=
Distributable reserves133€696k€736k▲
Profit (loss) carried forward14€810€496▼
Provisions and deferred taxes16-€423
Provisions for liabilities and charges160/5-€423
Pensions and similar obligations160-€423
Amounts payable17/49€406k€469k▲
Amounts payable within one year42/48€406k€469k▲
Trade debts44€254k€246k▼
Suppliers440/4€254k€246k▼
Taxes, remuneration and social security45€152k€196k▲
Taxes450/3€45k€79k▲
Remuneration and social security454/9€107k€117k▲
Other amounts payable47/48-€27k
Income statement
Code20242025
Turnover70€2.50M€2.53M▲
Non-recurring operating income76A€413-
Goods, raw materials, services and sundry goods60/61€1.32M€1.37M▲
Remuneration, social security and pensions62€1.03M€1.03M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€10k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-156€423▲
Other operating charges640/8€7k€5k▼
Non-recurring operating charges66A€100-
Gross operating margin9900€1.19M€1.16M▼
Operating profit (loss)9901€136k€122k▼
Financial income75/76B€16k€14k▼
Recurring financial income75€16k€14k▼
Financial charges65/66B€21k€34k▲
Recurring financial charges65€21k€34k▲
Profit (loss) for the period before taxes9903€131k€102k▼
Income taxes67/77€23k€35k▲
Profit (loss) for the period9904€108k€67k▼
Transfer from tax-exempt reserves789€84k-
Profit (loss) for the period to be appropriated9905€192k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€67k▼
Profit (loss) brought forward from the previous period14P€977€810▼
Transfer to equity691/2€192k€40k▼
To other reserves6921€192k€40k▼
Profit to be distributed694/7-€27k
Return on contributions (dividend)694-€27k
Social balance
Average headcount (FTE)908716.015.1▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
31-12
Financial
Weakest financial yearnet €-125k ▼293%
Net result drops to €-125k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2019net €347k ▲55.7%
Operating result €486k, net result €347k, both a record.
31-12
Financial
Equity above €500kEq €632k ▲122%
2 profitable years in a row build equity to €632k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kontich · 1 establishment unit since 2018
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.
Veldkant 33 A2550 KontichGround area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Cloudway
since 20182.276.856.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 486 EUR awarded · 486 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 486 EUR | 486 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 4,485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-05-2018
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.