The Cloud
ActiveThe Cloud has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-192k) and a net result of €38k. Equity is shrinking by ~53.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 7351 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency57▼-3
Growth58▲+26
Stability94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.55 against 1.7 in 2023), but equity is negative.
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 →
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
raises risk · 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 2024Solvency, return and age of the figures
Solvency
-104.3%
Return on assets
20.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 7351 sector peers (2024).
NBB · sector comparisonPosition among 7351 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
89 d late
2023
31 d late
2022
202 d late
2021
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k
2023 · €-199k
2021: €-58k
2022: €17k
2023: €-199k
2021 → 2024
Working capital
€65k▼ 11.9%
2023 · €74k
2021: €29k
2022: €269k
2023: €74k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-48k-€-31k▲ 35.8%€-230k▼ 652%€-192k▲ 16.5%
Operating result€-58k-€18k€-199k€38k
Net result€-58k-€17k€-199k€38k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €38k after a loss of €199k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €184k
Fixed assets
€429▼ 96.7%
Current assets
€183k▲ 1.4%
Key figures and ratios
EBITDA
€39k▲
2023 · €-195k
Cash flow
€39k▲
2023 · €-195k
Solvency
-104.3%▲
2023 · -118.4%
Current ratio
1.55▼
2023 · 1.70
Quick ratio
1.55▼
2023 · 1.70
Debt / equity
-1.96▼
2023 · -1.84
ROE
-19.8%▼
2023 · 86.7%
ROA
20.7%▲
2023 · -102.7%
Interest coverage
98.98▲
2023 · -707.60
Debt
€376k▼
2023 · €424k
Debt ≤ 1 year
€118k▲
2023 · €107k
Debt > 1 year
€258k▼
2023 · €318k
Staff costs
€9k▼
2023 · €22k
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
Total assets
20/58€194k€184k▼
Fixed assets
21/28€13k€429▼
Formation expenses
20€485€239▼
Tangible fixed assets
22/27€13k€429▼
Current assets
29/58€181k€183k▲
Amounts receivable within one year
40/41€170k€183k▲
Cash & bank
54/58€11k€383▼
Total equity & liabilities
10/49€194k€184k▼
Equity
10/15€-230k€-192k▲
Contributions / capital
10/11€10k€10k=
Accumulated profits (losses)
14€-240k€-202k▲
Amounts payable
17/49€424k€376k▼
Amounts payable after one year
17€318k€258k▼
Amounts payable within one year
42/48€107k€118k▲
Trade debts payable within one year
44€7k€12k▲
Income statement
Code20232024
Gross operating margin
9900€-172k€61k▲
Operating result
9901€-199k€38k▲
Financial income
75€138€117▼
Financial charges
65€276€392▲
Result before taxes
9903€-199k€38k▲
Income taxes
67/77€123-
Net result for the period
9904€-199k€38k▲
Result to be appropriated
9905€-199k€38k▲
Timeline · acts, filings and financial milestones
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
18-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 202 days late
2023
31-12
Financial
Weakest financial yearnet €-199k ▼1266%
Net result drops to €-199k, the lowest in the series; recovery starts the following year.
05-04
State Gazette act
Registered-office change
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 67 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Belgian Mobile ID
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 29,956 companies in sector 62200 we hold annual accounts for 18,057.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.