The Cloud
The 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 20795 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
| Equity | €-192k |
| Net result | €38k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -104.3% | 62.9% | |
| Net result | €38k | €27k | |
| Equity | €-192k | €74k | |
| Gross operating margin | €61k | €53k | |
| Staff costs | €9k | €25k |
Figures by fiscal year and ratios
| Fiscal year | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | - | - | - | - |
| Net profit | - | - | - | - |
| Cash flow | - | - | - | - |
| Staff costs | -60.6% | - | - | - |
| Income taxes | - | 0.0% | - | - |
| Dividends | - | - | - | - |
| Total assets | -5.3% | -62.3% | +285.9% | - |
| Equity | +16.5% | -651.5% | +35.8% | - |
| Debt | -11.4% | -22.2% | +201.2% | - |
| of which ≤ 1y | +10.6% | -53.2% | +123.2% | - |
| of which > 1y | -18.8% | 0.0% | +301.9% | - |
| Working capital | -11.9% | -72.5% | +822.9% | - |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.55 | 1.70 | 2.18 | 1.29 |
| Quick ratio | 1.55 | 1.70 | 2.18 | 1.29 |
| Working capital ratio | 35.5% | 38.2% | 52.3% | 21.9% |
| Solvency | -104.3% | -118.4% | -5.9% | -35.8% |
| Debt / equity | -1.96 | -1.84 | -17.83 | -3.80 |
| Long-term debt ratio | -1.34 | -1.38 | -10.38 | -1.66 |
| Interest coverage | 98.98 | -707.60 | 30.28 | -5744327.00 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 20.7% | -102.7% | 3.3% | -43.2% |
| ROE | -19.8% | 86.7% | -55.9% | 121.0% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €184k | €194k | €515k | €133k |
| Fixed assets | 21/28 | €429 | €13k | €17k | €1k |
| Formation expenses | 20 | €239 | €485 | €731 | €977 |
| Tangible fixed assets | 22/27 | €429 | €13k | €17k | €1k |
| Current assets | 29/58 | €183k | €181k | €497k | €131k |
| Amounts receivable within one year | 40/41 | €183k | €170k | €496k | €119k |
| Cash & bank | 54/58 | €383 | €11k | €1k | €12k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €184k | €194k | €515k | €133k |
| Equity | 10/15 | €-192k | €-230k | €-31k | €-48k |
| Contributions / capital | 10/11 | €10k | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €-202k | €-240k | €-41k | €-58k |
| Amounts payable | 17/49 | €376k | €424k | €545k | €181k |
| Amounts payable after one year | 17 | €258k | €318k | €318k | €79k |
| Amounts payable within one year | 42/48 | €118k | €107k | €228k | €102k |
| Trade debts payable within one year | 44 | €12k | €7k | €216k | €97k |
| Income statement | |||||
| Gross operating margin | 9900 | €61k | €-172k | €21k | €-57k |
| Operating result | 9901 | €38k | €-199k | €18k | €-58k |
| Financial income | 75 | €117 | €138 | €88 | €54 |
| Financial charges | 65 | €392 | €276 | €681 | €0 |
| Result before taxes | 9903 | €38k | €-199k | €17k | €-58k |
| Income taxes | 67/77 | - | €123 | €123 | - |
| Net result for the period | 9904 | €38k | €-199k | €17k | €-58k |
| Result to be appropriated | 9905 | €38k | €-199k | €17k | €-58k |
| NACE primary | Computer consultancy and computer facilities management(62200) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2020 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1372/00K000 | Brussels | 2,159 m² | 1 · 2,113 m² | 88.8 m · 7 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-04-2023 Registered office moved within BRUXELLES
- DIGUE DU CANAL 115 à 1070 Bruxelles → RUE JOSEPH STEVENS. 7 0 1070 BRUXELLES
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "RUE JOSEPH STEVENS. 7 0 1070 BRUXELLES",
"city": "BRUXELLES",
"region": "brussels_hoofdstedelijk_gewest",
"street": "RUE JOSEPH STEVENS",
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": "7",
"locality_suffix": null
},
"old_address": {
"raw": "DIGUE DU CANAL 115 \u00E0 1070 Bruxelles",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": null,
"country": "BE",
"postcode": "1070",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": "2022-11-01",
"evidence_quote": "l\u0027assembl\u00E9e approuve \u00E0 l\u0027unanimit\u00E9 des voix le transfert du si\u00E8ge social de la soci\u00E9t\u00E9 vers l\u0027adresse suivante \u00E0 compter du 1er novembre 2022",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-04-05",
"filing_date": "2023-03-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2022-11-01",
"unanimous": true
},
"subject_company": {
"kbo": "0760.436.745",
"name_full": "THE CLOUD",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "M. SHAKER ZED",
"org_rep_person_name": null,
"person_role_at_subject": "L\u0027administrateur"
},
"co_filed_documents": []
}| Legal nameFR | The Cloud |