Cloudworks
ActiveSummary
Cloudworks has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €813,974 and a net result of €1.2m. Equity is growing by ~67.8% per year across the filed fiscal years. Its solvency ranks better than 53% of 2309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency70▲+17
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.12 in 2024; short-term debt: 55.3% and cash: 56% of total assets), and 55.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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
44.7%
Return on assets
66.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
60 d early
2024
42 d early
2023
65 d early
2022
40 d early
2021
103 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 62 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 company by total assets in Kraainem, Administrative and support services sector#4 company by equity in Kraainem, Administrative and support services sector
Equity
€813,974▲ 62.2%
2024 · €501,748
Total assets
€1.8m▲ 3.1%
2024 · €1.8m
Net result
€1.2m▲ 101%
2024 · €602,643
Working capital
€433,114▲ 177%
2024 · €156,086
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€111,722-€798,889▲ 615%€1.4m▲ 69.4%€805,882▼ 40.4%€1.8m▲ 119%
Net result€87,668above the sector's middle half-€594,105above the sector's middle half▲ 578%€1.0mabove the sector's middle half▲ 70.9%€602,643above the sector's middle half▼ 40.6%€1.2mabove the sector's middle half▲ 101%
Equity€89,668within the sector's middle half-€683,774above the sector's middle half▲ 663%€1.7mabove the sector's middle half▲ 148%€501,748above the sector's middle half▼ 70.5%€813,974within the sector's middle half▲ 62.2%
Total assets€140,977within the sector's middle half-€946,598above the sector's middle half▲ 571%€2.3mabove the sector's middle half▲ 141%€1.8mabove the sector's middle half▼ 22.5%€1.8mwithin the sector's middle half▲ 3.1%
Debt€51,309-€262,825▲ 412%€582,093▲ 121%€1.3m▲ 118%€1.0m▼ 20.4%
Working capital€86,521within the sector's middle half-€668,320above the sector's middle half▲ 672%€1.7mabove the sector's middle half▲ 152%€156,086above the sector's middle half▼ 90.7%€433,114above the sector's middle half▲ 177%
Solvency63.6%within the sector's middle half-72.2%within the sector's middle half▲ 8.6pp74.5%above the sector's middle half▲ 2.2pp28.4%within the sector's middle half▼ 46.1pp44.7%within the sector's middle half▲ 16.3pp
Current ratio2.69within the sector's middle half-3.54within the sector's middle half▲ 0.863.90within the sector's middle half▲ 0.361.12within the sector's middle half▼ 2.771.43within the sector's middle half▲ 0.31
Return on assets (ROA)62.2%above the sector's middle half-62.8%above the sector's middle half▲ 0.6pp44.5%above the sector's middle half▼ 18.3pp34.1%above the sector's middle half▼ 10.4pp66.5%above the sector's middle half▲ 32.4pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +101% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€380,860 ▲ 10.2%
Current assets
€1.4m ▲ 1.4%
Equity and liabilities €1.8m
Equity
€813,974 ▲ 62.2%
Debt
€1.0m ▼ 20.4%
Debt's share of the balance-sheet total falls from 71.6% to 55.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.8m▲
2024 · €816,704
Cash flow
€1.2m▲
2024 · €613,465
Debt to equity
1.24▼
2024 · 2.52
ROE
148.9%▲
2024 · 120.1%
Interest coverage
16.37▼
2024 · 186.69
Debt ≤ 1 year
€1.0m▼
2024 · €1.3m
Income taxes
€449,109▲
2024 · €201,373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,778 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,778 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,783 | €2,905 | €4,707 | €10,822 | €31,140 | ▲ 188% |
| Other operating charges640/8 | €1,117 | €5,586 | €2,686 | €4,277 | €2,718 | ▼ 36.4% |
| Gross operating margin9900 | €114,622 | €807,380 | €1.4m | €820,981 | €1.8m | ▲ 120% |
| Operating profit (loss)9901 | €111,722 | €798,889 | €1.4m | €805,882 | €1.8m | ▲ 119% |
| Financial income75/76B | - | €183 | €9,626 | €2,508 | €2,933 | ▲ 16.9% |
| Recurring financial income75 | - | €183 | €9,626 | €2,508 | €2,933 | ▲ 16.9% |
| Financial charges65/66B | €343 | €5,994 | €6,464 | €4,375 | €109,931 | ▲ 2,413% |
| Recurring financial charges65 | €343 | €5,994 | €6,464 | €4,375 | €109,931 | ▲ 2,413% |
| Profit (loss) for the period before taxes9903 | €111,378 | €793,077 | €1.4m | €804,016 | €1.7m | ▲ 107% |
| Income taxes67/77 | €23,710 | €198,972 | €341,014 | €201,373 | €449,109 | ▲ 123% |
| Profit (loss) for the period9904 | €87,668 | €594,105 | €1.0m | €602,643 | €1.2m | ▲ 101% |
| Profit (loss) for the period to be appropriated9905 | €87,668 | €594,105 | €1.0m | €602,643 | €1.2m | ▲ 101% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,977 | €946,598 | €2.3m | €1.8m | €1.8m | ▲ 3.1% |
| Formation expenses20 | €977 | - | - | - | - | - |
| Fixed assets21/28 | €2,170 | €15,454 | €12,094 | €345,662 | €380,860 | ▲ 10.2% |
| Tangible fixed assets22/27 | €2,020 | €15,304 | €11,944 | €345,512 | €380,710 | ▲ 10.2% |
| Land and buildings22 | - | - | - | €116,360 | €342,250 | ▲ 194% |
| Furniture and vehicles24 | €2,020 | €15,304 | €11,944 | €50,176 | €38,460 | ▼ 23.3% |
| Assets under construction and advance payments27 | - | - | - | €178,976 | - | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €137,830 | €931,144 | €2.3m | €1.4m | €1.4m | ▲ 1.4% |
| Amounts receivable within one year40/41 | €47,676 | €78,775 | €389,694 | €437,298 | €300,823 | ▼ 31.2% |
| Trade receivables40 | €42,500 | €48,547 | €383,801 | €431,818 | €293,074 | ▼ 32.1% |
| Other amounts receivable41 | €5,176 | €30,228 | €5,894 | €5,480 | €7,749 | ▲ 41.4% |
| Current investments50/53 | - | - | €500,000 | - | €115,706 | - |
| Cash at bank and in hand54/58 | €81,283 | €833,852 | €1.4m | €979,746 | €1.0m | ▲ 4.2% |
| Deferred charges and accrued income490/1 | €8,870 | €18,517 | €15,535 | €5,226 | €4,295 | ▼ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,977 | €946,598 | €2.3m | €1.8m | €1.8m | ▲ 3.1% |
| Equity10/15 | €89,668 | €683,774 | €1.7m | €501,748 | €813,974 | ▲ 62.2% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €87,668 | €681,774 | €1.7m | €499,748 | €811,974 | ▲ 62.5% |
| Distributable reserves133 | €87,668 | €681,774 | €1.7m | €499,748 | €811,974 | ▲ 62.5% |
| Amounts payable17/49 | €51,309 | €262,825 | €582,093 | €1.3m | €1.0m | ▼ 20.4% |
| Amounts payable within one year42/48 | €51,309 | €262,825 | €582,093 | €1.3m | €1.0m | ▼ 20.4% |
| Trade debts44 | €10,851 | €15,274 | €6,721 | €4,687 | €12,474 | ▲ 166% |
| Suppliers440/4 | €10,851 | €15,274 | €6,721 | €4,687 | €12,474 | ▲ 166% |
| Taxes, remuneration and social security45 | €40,457 | €247,551 | €575,373 | €361,497 | €95,935 | ▼ 73.5% |
| Taxes450/3 | €40,457 | €247,551 | €575,373 | €361,497 | €95,935 | ▼ 73.5% |
| Other amounts payable47/48 | - | - | - | €900,000 | €900,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €87,668 | €594,105 | €1.0m | €602,643 | €1.2m | ▲ 101% |
| + Depreciation and write-downs630 | €1,783 | €2,905 | €4,707 | €10,822 | €31,140 | ▲ 188% |
| Operating cash flow (approximation) | €89,451 | €597,010 | €1.0m | €613,465 | €1.2m | ▲ 103% |
| Investment in fixed assets (approximation) | - | -€16,189 | -€1,347 | -€344,390 | -€66,338 | ▲ 80.7% |
| Change in cash | - | €752,569 | €530,024 | -€384,130 | €40,954 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2021net €1.2m ▲101%
Operating result €1.8m, net result €1.2m, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
23-05
State Gazette act
General meeting · Director reappointment
Permanent representative · Director resignation
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €1mEq €1.7m ▲148%
3 profitable years in a row build equity to €1.7m.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
05-05
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2022
31-12
Financial
Equity above €500,000Eq €683,774 ▲663%
2 profitable years in a row build equity to €683,774.
19-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
State Gazette act
General meeting · Name change
Capital increase · Capital decrease
17-09
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kraainem · 1 establishment unit since 2021
Ground area
2,240 m²
Building footprint
198 m²
Volume, LiDAR
1,356 m³
Parcel 22002C0047/00V023, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Cloudworks
since 20212.320.688.277
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0047/00V023 | Flanders | 2,240 m² | 1 · 198 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900RRL2DFFAWPW704
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 4,958 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0772679036
Also
9925:BE0772679036
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.