SILVER CLOUD
ActiveSummary
The computed 12-month bankruptcy probability of SILVER CLOUD is 4.3% (elevated). The 2025 annual accounts show negative equity (-€8.5m) and a net result of -€5.5m. Equity is shrinking by about 4.3% per year across the filed financial years. Its solvency ranks better than 5% of 9,802 sector peers (NACE 43, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€8.5m
- Loss
- -€5.5m
- Holdings
- 1
Why 45raises riskName on a sanctions listLiquidity: current ratio 0.00, cash €5,045Loss of €5.5m (financial year 2025)Negative equity -€8.5mlowers riskSize: total assets €4.3mShow the evidence
Checked score
About 4 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 43, small): better than 1% on solvency, 0% on liquidity, 2% on profitability and 1% on growth.
The bankruptcy probability was computed on 25-10-2026 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).
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Signals
This company filed its last 7 accounts on average 54 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Name match with a sanctions list
1 entryA name match is not a finding that this company itself is on the list; check the entry at the source.
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€5.5m
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00460475.
2020 to 2025, 5 financial years 2018 to 2025, 7 financial years
The operating result stays negative: a loss of €5.5m in 2025 against €194,660 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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction 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).
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.2m | €0.001m | €0.004m | - | - |
| Non-recurring operating charges66A | - | - | - | - | - | €0.2m | €0.06m | ▼ 69.3% |
| Gross operating margin9900 | -€0.1m | -€0.2m | -€0.04m | -€0.05m | €0.1m | €0.006m | -€5.4m | - |
| Operating profit (loss)9901 | -€0.2m | -€0.2m | -€0.04m | -€0.2m | €0.1m | -€0.2m | -€5.5m | ▼ 2,719% |
| Financial income75/76B | - | - | - | - | - | €0.3m | €248 | ▼ 99.9% |
| Recurring financial income75 | €0 | €0 | - | - | - | €0.3m | €248 | ▼ 99.9% |
| Non-recurring financial income76B | - | - | - | - | - | €0.3m | €248 | ▼ 99.9% |
| Financial charges65/66B | - | - | - | €44 | €24 | €24 | €0.02m | ▲ 962× |
| Recurring financial charges65 | €0.02m | €0.04m | €0.02m | €44 | €24 | €24 | €0.02m | ▲ 962× |
| Profit (loss) for the period before taxes9903 | -€0.2m | -€0.2m | -€0.06m | -€0.2m | €0.1m | €0.09m | -€5.5m | - |
| Profit (loss) for the period9904 | -€0.2m | -€0.2m | -€0.06m | -€0.2m | €0.1m | €0.09m | -€5.5m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.2m | -€0.2m | -€0.06m | -€0.2m | €0.1m | €0.09m | -€5.5m | - |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €10.2m | €10.2m | €10.2m | €10.2m | €10.2m | €9.8m | €4.3m | ▼ 56.0% |
| Fixed assets21/28 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €4.3m | ▲ 860× |
| Financial fixed assets28 | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | €4.3m | ▲ 860× |
| Current assets29/58 | €10.2m | €10.2m | €10.2m | €10.2m | €10.2m | €9.8m | €0.005m | ▼ 99.9% |
| Stocks and contracts in progress3 | €9.8m | €9.9m | €9.9m | €9.9m | €9.9m | €9.7m | - | - |
| Stocks30/36 | - | - | - | €9.9m | €9.9m | €9.7m | - | - |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.07m | - | - |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | - | - | - |
| Other amounts receivable41 | - | - | - | €0.09m | €0.09m | €0.07m | - | - |
| Cash at bank and in hand54/58 | €0.2m | - | €0.03m | €0.008m | €306 | €0.001m | €0.005m | ▲ 524% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €10.2m | €10.2m | €10.2m | €10.2m | €10.2m | €9.8m | €4.3m | ▼ 56.0% |
| Equity10/15 | -€2.5m | -€2.7m | -€2.8m | -€3.2m | -€3.1m | -€3.0m | -€8.5m | ▼ 185% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Profit (loss) carried forward14 | -€2.6m | -€2.8m | -€2.8m | -€3.2m | -€3.1m | -€3.0m | -€8.6m | ▼ 181% |
| Amounts payable17/49 | €12.7m | €12.9m | €13.0m | €13.4m | €13.2m | €12.8m | €12.8m | ▲ 0.2% |
| Amounts payable within one year42/48 | €12.7m | €12.9m | €13.0m | €13.4m | €13.2m | €12.8m | €12.8m | ▲ 0.2% |
| Trade debts44 | €0.1m | €0.1m | €0.07m | €0.4m | €0.3m | €0.1m | - | - |
| Suppliers440/4 | - | - | - | €0.4m | €0.3m | €0.1m | - | - |
| Other amounts payable47/48 | - | - | - | €12.9m | €12.9m | €12.6m | €12.8m | ▲ 1.4% |
| Line | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | -€0.2m | -€0.06m | -€0.2m | €0.1m | €0.09m | -€5.5m | - |
| Operating cash flow (approximation) | -€0.2m | -€0.2m | -€0.06m | -€0.2m | €0.1m | €0.09m | -€5.5m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | €0 | €0 | -€4.3m | - |
| Change in cash | - | - | - | - | -€0.007m | €0.001m | €0.004m | ▲ 743% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00460475 |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00335685 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00406135 |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00507974 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-60100500 |
| 31-12-2019 | micro format | 30-11-2020 | 2020-74100309 |
| 31-12-2018 | micro format | 08-10-2019 | 2019-68900285 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-61300052 |
| 31-12-2016 | full format | 22-08-2017 | 2017-45600242 |
| 31-12-2015 | full format | 12-10-2016 | 2016-65400329 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Comte Christophe de MARCHANT d’ANSEMBOURG |
|
| D&D Consult S.à r.l.-s |
|
| Philippe ROSY |
|
Owners and capital
Capital and shareholders
- 10-04-2025 Capital stated in the deed · €61,500 · 615 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
share not stated
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-04
Gazette deed
Resignations: D&D Consult S.à r.l.-s (director) and Philippe ROSY (director)Permanent representative: Carine DIEUDONNE · Appointment: Comte Christophe de MARCHANT d’ANSEMBOURG (sole director) · Purpose change14 facts ▸
- General meeting, 07-04-2025
- Other provision, “rapport de l'organe d'administration sur modification de l'objet, justifiant la raison de la modification de l'objet” (deed in French)
- Purpose change
- Registered-office move, 1060 Saint-Gilles,Avenue Brugmann 16
- Amendment of the articles
- Capital, €61,500
- Director resignation, D&D Consult S.à r.l.-s (director)
- Director resignation, Philippe ROSY (director)
- Director discharge, D&D Consult S.à r.l.-s
- Director discharge, Philippe ROSY
- Permanent representative, Carine DIEUDONNE
- Director appointment, Comte Christophe de MARCHANT d’ANSEMBOURG (sole director)
- +2 further facts in this act
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0823.079.741
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21822R0226/00W011 | Brussels | 3,529 m² | 1 · 1,878 m² | 38.1 m · 7 |
| 21013B0371/00H019 | Brussels | 759 m² | 1 · 214 m² | 18.5 m · 5 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- SILVER CLOUD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Peuvent être créés en Belgique ou à l'étranger par décision de l'organe d'administration, Annexes du Moniteur belge” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Conseil peut créer en son sein et sous sa responsabilité un ou plusieurs comités consultatifs, définit composition et mission, un ou…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Organe d'administration décide souverainement appels fonds complémentaires traitement égal si non entièrement libérées, nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entre vifs et cause de mort, agrément et préemption pour toute cession sauf exceptions impératives loi” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Jour fixé par la loi comme point de départ, autorisation par assemblée générale délibérant comme modification des statuts à l'organe…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed