ACTIVE

Cloudar

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Financial year 2025 · closed on 31/12/2025

Net result

740,3 k €

-14.3% YoY

Revenue

35 M €

+1.8% YoY

Equity

5,3 M €

+9.8% YoY

Workforce

37,1 ETP

-4.6% YoY

What does Cloudar do?

Cloudar is a Public limited company incorporated in 2014. Its main activity is: Computer consultancy activities. Its registered office is in Kontich. It employs on average 37,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0564.763.890

Incorporation

16/10/2014

Legal form

Public limited company

Registered office

Veldkant 33A
2550 Kontich · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

37,1 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities

Joint committees (2)

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015
Income statement
Revenue	35 M €	+1.8%	34,4 M €	+15.7%	29,7 M €	-6.7%	31,8 M €	+20.9%	26,3 M €	+41.8%	18,6 M €	+27.5%	14,6 M €	+42.4%	10,2 M €	+71.6%	6 M €	+123%	2,7 M €	+313%	647,8 k €
EBITDA	1,1 M €	-1.2%	1,1 M €	-15.5%	1,3 M €	-24.8%	1,7 M €	+0.4%	1,7 M €	-2.2%	1,7 M €	+133%	746,9 k €	+42.1%	525,4 k €	-25.3%	703,9 k €	+173%	258,2 k €	+345%	-105,5 k €
Operating result	1 M €	-0.6%	1 M €	-16.0%	1,2 M €	-25.7%	1,7 M €	-0.5%	1,7 M €	-2.8%	1,7 M €	+137%	725 k €	+42.5%	508,7 k €	-26.9%	696,4 k €	+177%	251,2 k €	+333%	-107,8 k €
Net result	740,3 k €	-14.3%	864 k €	-15.1%	1 M €	-13.2%	1,2 M €	-10.4%	1,3 M €	+1.3%	1,3 M €	+215%	409,9 k €	+31.1%	312,7 k €	-25.9%	422,2 k €	+126%	186,6 k €	+266%	-112,2 k €
Balance sheet
Equity	5,3 M €	+9.8%	4,8 M €	+13.5%	4,3 M €	+21.9%	3,5 M €	+29.3%	2,7 M €	+37.8%	2 M €	+115%	915,8 k €	+81.0%	505,9 k €	+44.9%	349,2 k €	+275%	93 k €	+199%	-93,6 k €
Total assets	12,1 M €	+11.8%	10,8 M €	+33.2%	8,1 M €	+0.3%	8,1 M €	+29.2%	6,3 M €	+12.4%	5,6 M €	+11.3%	5 M €	+9.4%	4,6 M €	+80.4%	2,5 M €	+57.6%	1,6 M €	+550%	247 k €
Cash	1,4 M €	+721%	165,6 k €	-61.6%	430,7 k €	+77.2%	243,1 k €	+35.5%	179,4 k €	+10.1%	162,9 k €	-40.0%	271,4 k €	-20.2%	339,9 k €	+65.0%	206 k €	+756%	24,1 k €	-58.8%	58,4 k €
Debts	6,7 M €	+13.4%	5,9 M €	+54.6%	3,8 M €	-16.5%	4,6 M €	+29.5%	3,5 M €	-1.7%	3,6 M €	-11.7%	4,1 M €	+1.1%	4 M €	+87.3%	2,1 M €	+51.8%	1,4 M €	+316%	340,6 k €
Other
Workforce	37,1 ETP	-4.6%	38,9 ETP	+0.3%	38,8 ETP	-6.3%	41,4 ETP	+14.0%	36,3 ETP	+28.3%	28,3 ETP	+7.6%	26,3 ETP	+18.5%	22,2 ETP	+63.2%	13,6 ETP	+74.4%	7,8 ETP	+200%	2,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Bart Van Hecke

Director · since 11 juillet 2025 · until 21 mai 2031

Active

De Cronos Groep

Director · since 11 juillet 2025 · until 21 mai 2031 · 0467.132.994

Represented by Dirk Deroost

Active

Josephus de Wit

Director · since 11 juillet 2025 · until 21 mai 2031

Active

Senne Vaeyens

Director · since 11 juillet 2025 · until 21 mai 2031

Active

XGD

Director · since 11 juillet 2025 · until 21 mai 2031 · 0557.979.137

Represented by Paul Claes

Active

Ended mandates

Bart Van Hecke

Director · since 17 mars 2020 · until 21 mai 2025

Ended

Bart Van Hecke

Director · since 17 mars 2020 · until 10 juillet 2025

Ended

De Cronos Groep

Director · since 17 mars 2020 · until 21 mai 2025 · 0467.132.994

Represented by Dirk Deroost

Ended

De Cronos Groep

Director · since 17 mars 2020 · until 10 juillet 2025 · 0467.132.994

Represented by Dirk Deroost

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/09/2026	22/08/2025	28/08/2024	01/09/2023	25/08/2022	01/06/2021
General meeting	14/08/2026	10/07/2025	12/06/2024	19/05/2023	20/07/2022	19/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	14/08/2026	02/09/2026	Dutch	PDF
Full model	31/12/2024	10/07/2025	22/08/2025	Dutch	PDF
Full model	31/12/2023	12/06/2024	28/08/2024	Dutch	PDF
Full model	31/12/2022	19/05/2023	01/09/2023	Dutch	PDF
Full model	31/12/2021	20/07/2022	25/08/2022	Dutch	PDF
Full model	31/12/2020	19/05/2021	01/06/2021	Dutch	PDF
Full model	31/12/2019	31/07/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	15/05/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	16/05/2018	23/07/2018	Dutch	PDF
Full model	31/12/2016	17/05/2017	03/07/2017	Dutch	PDF
Full model	31/12/2015	18/05/2016	07/07/2016	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 20 ended

Active mandates

Bart Van Hecke

Director · since 11 juillet 2025 · until 21 mai 2031

Active

De Cronos Groep

Director · since 11 juillet 2025 · until 21 mai 2031 · 0467.132.994

Represented by Dirk Deroost

Active

Josephus de Wit

Director · since 11 juillet 2025 · until 21 mai 2031

Active

Senne Vaeyens

Director · since 11 juillet 2025 · until 21 mai 2031

Active

XGD

Director · since 11 juillet 2025 · until 21 mai 2031 · 0557.979.137

Represented by Paul Claes

Active

Ended mandates

Bart Van Hecke

Director · since 17 mars 2020 · until 21 mai 2025

Ended

Bart Van Hecke

Director · since 17 mars 2020 · until 10 juillet 2025

Ended

De Cronos Groep

Director · since 17 mars 2020 · until 21 mai 2025 · 0467.132.994

Represented by Dirk Deroost

Ended

De Cronos Groep

Director · since 17 mars 2020 · until 10 juillet 2025 · 0467.132.994

Represented by Dirk Deroost

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2020
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates08/01/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/01/2018
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025740,3 k €↓
2024
Annual accounts 2024864 k €↓
2023
Annual accounts 20231 M €↓
2022
Annual accounts 20221,2 M €↓
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 20201,3 M €↑
2019
Annual accounts 2019409,9 k €↑
2018
Annual accounts 2018312,7 k €↓
2017
Annual accounts 2017422,2 k €↑
2016
Annual accounts 2016186,6 k €↑
2015
Annual accounts 2015-112,2 k €
16/10/2014
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cloudar

Overview

What does Cloudar do?

Trend over 11 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline