ACTIVE

Cloudway

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Financial year 2025 · closed on 31/12/2025
Net result
66,7 k €
-38.2% YoY
Revenue
2,5 M €
+1.0% YoY
Equity
830,2 k €
+5.0% YoY
Workforce
15,1 ETP
-5.6% YoY

What does Cloudway do?

Cloudway is a Public limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Kontich. It employs on average 15,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0696.871.061
Incorporation
29/05/2018
Legal form
Public limited company
Registered office
Veldkant 33 A
2550 Kontich · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
15,1 ETP
Activities (NACE)
62010Computer programming activities· main62020Computer consultancy activities62100Computer programming, consultancy and related activities62200Computer programming, consultancy and related activities
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue2,5 M €2,5 M €2,4 M €2,7 M €3 M €2,9 M €2,6 M €
EBITDA132,4 k €150,5 k €-102,3 k €132,8 k €342,1 k €498,8 k €348,1 k €
Operating result121,6 k €136 k €-119 k €115,1 k €325,4 k €485,5 k €339,4 k €
Net result66,7 k €107,8 k €-124,5 k €64,5 k €226,8 k €347,3 k €223,1 k €
Balance sheet
Equity830,2 k €790,5 k €682,6 k €807,2 k €768,5 k €632,4 k €285,1 k €
Total assets1,3 M €1,2 M €1 M €1,2 M €1,3 M €1,2 M €620,3 k €
Cash9,2 k €10,5 k €28 k €13,5 k €15,3 k €12,4 k €13,9 k €
Debts468,9 k €405,8 k €362,8 k €405,7 k €542,4 k €542,9 k €335,2 k €
Other
Workforce15,1 ETP16,0 ETP18,4 ETP21,7 ETP19,9 ETP18,6 ETP18,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 8 ended

Active mandates

De Cronos Groep

Director · since 20 juillet 2023 · until 19 juin 2029 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 20 juillet 2023 · until 19 juin 2029

Active
XGD

Director · since 20 juillet 2023 · until 19 juin 2029 · 0557.979.137

Represented by Paul Claes

Active
XGTech

Director · since 20 juillet 2023 · until 19 juin 2029 · 0679.660.687

Represented by Gunther Van Roey

Active

Ended mandates

XGTech

Director · since 01 août 2020 · until 20 juin 2023 · 0679.660.687

Represented by Gunther Van Roey

Ended
XGTech

Director · since 01 août 2020 · until 19 juillet 2023 · 0679.660.687

Represented by Gunther Van Roey

Ended
De Cronos Groep

Director · since 28 mai 2018 · until 20 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 28 mai 2018 · until 19 juillet 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/08/202626/08/202521/08/202411/08/202319/08/202212/07/2021
General meeting16/06/202625/07/202515/07/202419/07/202306/07/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202624/08/2026DutchPDF
Abridged model31/12/202425/07/202526/08/2025DutchPDF
Abridged model31/12/202315/07/202421/08/2024DutchPDF
Abridged model31/12/202219/07/202311/08/2023DutchPDF
Abridged model31/12/202106/07/202219/08/2022DutchPDF
Abridged model31/12/202015/06/202112/07/2021DutchPDF
Abridged model31/12/201916/06/202009/07/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 4 active · 8 ended

Active mandates

De Cronos Groep

Director · since 20 juillet 2023 · until 19 juin 2029 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 20 juillet 2023 · until 19 juin 2029

Active
XGD

Director · since 20 juillet 2023 · until 19 juin 2029 · 0557.979.137

Represented by Paul Claes

Active
XGTech

Director · since 20 juillet 2023 · until 19 juin 2029 · 0679.660.687

Represented by Gunther Van Roey

Active

Ended mandates

XGTech

Director · since 01 août 2020 · until 20 juin 2023 · 0679.660.687

Represented by Gunther Van Roey

Ended
XGTech

Director · since 01 août 2020 · until 19 juillet 2023 · 0679.660.687

Represented by Gunther Van Roey

Ended
De Cronos Groep

Director · since 28 mai 2018 · until 20 juin 2023 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 28 mai 2018 · until 19 juillet 2023 · 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

  • Mandates11/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/05/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 202566,7 k €↓
  2. 2024
    Annual accounts 2024107,8 k €↑
  3. 2023
    Annual accounts 2023-124,5 k €↓
  4. 2022
    Annual accounts 202264,5 k €↓
  5. 2021
    Annual accounts 2021226,8 k €↓
  6. 2020
    Annual accounts 2020347,3 k €↑
  7. 2019
    Annual accounts 2019223,1 k €
  8. 29/05/2018
    IncorporationPublic limited company