Cerence
ActiveSummary
The computed 12-month bankruptcy probability of Cerence is 2.0% (moderate). For Cerence, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €16.6m and a net result of €626,126. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 85% of 1,674 sector peers (NACE 62, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, full format
2025 annual accounts filed late (165 days) Filed on 12 October 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00556142.
Turnover
€17.0m▲ 16.3%
2023 · €14.6m
EBIT margin
2.4%▲ 5.6pp
2023 · -3.2%
Net result
€626,126▲ 207%
2023 · €203,777
Working capital
€8.5m▲ 8.4%
2023 · €7.8m
Trend over the years
2020 to 2024, 5 financial years 2019 to 2024, 6 financial years
The operating result returns to profit in 2024: €403,797 after a loss of €468,127 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€17.0m
2024
Operating result€0.4m
2024
Net result€0.6m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€36.5m
2024
Equity€16.6m
2024
Debt€19.7m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€8.5m
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin2.4%
2024
Return on assets (ROA)1.7%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency45.5%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.44
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)70.8
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related 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), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920202021202220232024
Turnover€13.4m-€14.3m▲ 6.7%€15.4m▲ 8.3%€18.8m▲ 21.5%€14.6m▼ 22.2%€17.0m▲ 16.3%
Operating result€3.0m--€1.2m€1.3m€0.8m▼ 38.8%-€0.5m€0.4m
Net result€2.8m--€0.6mbelow the sector's middle half€1.7mabove the sector's middle half€0.7mabove the sector's middle half▼ 55.1%€0.2mabove the sector's middle half▼ 72.7%€0.6mabove the sector's middle half▲ 207%
EBIT margin22.5%--8.7%▼ 31.2pp8.5%▲ 17.2pp4.3%▼ 4.2pp-3.2%▼ 7.5pp2.4%▲ 5.6pp
Equity€14.0m-€13.4mabove the sector's middle half▼ 4.5%€15.0mabove the sector's middle half▲ 12.4%€15.8mabove the sector's middle half▲ 5.0%€16.0mabove the sector's middle half▲ 1.3%€16.6mabove the sector's middle half▲ 3.9%
Total assets€16.3m-€29.1mabove the sector's middle half▲ 78.5%€18.5mabove the sector's middle half▼ 36.5%€26.1mabove the sector's middle half▲ 41.6%€26.7mabove the sector's middle half▲ 2.2%€36.5mabove the sector's middle half▲ 36.5%
Debt€2.1m-€15.5m▲ 637%€3.2m▼ 79.1%€10.2m▲ 214%€10.5m▲ 3.7%€19.7m▲ 86.6%
Working capital€1.6m-€3.8mabove the sector's middle half▲ 132%€5.1mabove the sector's middle half▲ 35.2%€6.6mabove the sector's middle half▲ 28.8%€7.8mabove the sector's middle half▲ 19.2%€8.5mabove the sector's middle half▲ 8.4%
Solvency85.8%-45.9%within the sector's middle half▼ 39.9pp81.4%above the sector's middle half▲ 35.4pp60.3%within the sector's middle half▼ 21.0pp59.8%within the sector's middle half▼ 0.5pp45.5%within the sector's middle half▼ 14.3pp
Current ratio1.84-1.25within the sector's middle half▼ 0.592.65within the sector's middle half▲ 1.401.67within the sector's middle half▼ 0.981.78within the sector's middle half▲ 0.111.44within the sector's middle half▼ 0.34
Return on assets (ROA)17.5%--2.2%below the sector's middle half▼ 19.6pp9.0%within the sector's middle half▲ 11.1pp2.9%within the sector's middle half▼ 6.1pp0.8%within the sector's middle half▼ 2.1pp1.7%within the sector's middle half▲ 1.0pp
Staff (FTE)94.4-92.9above the sector's middle half▼ 1.6%93.1above the sector's middle half▲ 0.2%84.6above the sector's middle half▼ 9.1%77.5above the sector's middle half▼ 8.4%70.8above the sector's middle half▼ 8.6%
above
within
below
the middle half of NACE 62, Computer programming, consultancy and related 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.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36.5m
Fixed assets
€8.5m ▼ 3.6%
Current assets
€28.0m ▲ 56.3%
Equity and liabilities €36.5m
Equity
€16.6m ▲ 3.9%
Provisions
€200,000 =
Debt
€19.7m ▲ 86.6%
Debt's share of the balance-sheet total rises from 39.5% to 53.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€6.4m▲
2023 · €5.6m
Cash flow
€6.6m▲
2023 · €6.3m
Debt to equity
1.19▲
2023 · 0.66
ROE
3.8%▲
2023 · 1.3%
Interest coverage
27.15▲
2023 · 24.70
Debt ≤ 1 year
€19.5m▲
2023 · €10.1m
Income taxes
-€17,190▲
2023 · -€240,861
Staff costs
€16.7m▲
2023 · €13.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €26.4m | €28.0m | €22.1m | €24.7m | ▲ 11.7% |
| Turnover70 | €13.4m | €14.3m | €15.4m | €18.8m | €14.6m | €17.0m | ▲ 16.3% |
| Own construction capitalised72 | - | - | €7.0m | €5.7m | €5.1m | €5.5m | ▲ 9.3% |
| Other operating income74 | - | - | €3.9m | €3.5m | €2.4m | €2.1m | ▼ 11.2% |
| Non-recurring operating income76A | - | - | €0.01m | €0 | - | - | - |
| Operating charges60/66A | - | - | €25.1m | €27.2m | €22.5m | €24.2m | ▲ 7.6% |
| Services and other goods61 | - | - | €1.7m | €2.2m | €3.0m | €1.6m | ▼ 47.4% |
| Remuneration, social security and pensions62 | - | - | €16.4m | €18.5m | €13.4m | €16.7m | ▲ 24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8.0m | €7.3m | €6.9m | €6.5m | €6.1m | €6.0m | ▼ 2.4% |
| Other operating charges640/8 | - | - | €0.04m | €0.02m | €0.02m | €447 | ▼ 98.1% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - | - |
| Operating profit (loss)9901 | €3.0m | -€1.2m | €1.3m | €0.8m | -€0.5m | €0.4m | - |
| Financial income75/76B | - | - | €0.05m | €0 | €0.7m | €0.5m | ▼ 35.4% |
| Recurring financial income75 | - | €0.006m | €0.05m | €0 | €0.7m | €0.5m | ▼ 35.4% |
| Income from current assets751 | - | - | €434 | €0 | €0.2m | €0 | ▼ 100% |
| Other financial income752/9 | - | - | €0.05m | €0 | €0.5m | €0.5m | ▼ 10.7% |
| Non-recurring financial income76B | - | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | €0.01m | €0.2m | €0.3m | €0.3m | ▼ 10.0% |
| Recurring financial charges65 | €0.003m | €0.006m | €0.01m | €0.2m | €0.3m | €0.3m | ▼ 10.0% |
| Debt charges650 | - | €388 | €0 | - | €0.2m | €0.2m | ▲ 2.7% |
| Other financial charges652/9 | - | - | €0.01m | €0.2m | €0.06m | €0.03m | ▼ 57.4% |
| Non-recurring financial charges66B | - | - | €0 | €0.004m | €0 | - | - |
| Profit (loss) for the period before taxes9903 | €3.0m | -€1.0m | €1.3m | €0.6m | -€0.04m | €0.6m | - |
| Income taxes67/77 | €0.2m | -€0.4m | -€0.3m | -€0.1m | -€0.2m | -€0.02m | ▲ 92.9% |
| Taxes670/3 | - | - | €0 | - | - | €0.05m | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €0.3m | €0.1m | €0.2m | €0.07m | ▼ 72.1% |
| Profit (loss) for the period9904 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | ▲ 207% |
| Profit (loss) for the period to be appropriated9905 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | ▲ 207% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €16.3m | €29.1m | €18.5m | €26.1m | €26.7m | €36.5m | ▲ 36.5% |
| Fixed assets21/28 | €12.7m | €10.0m | €10.3m | €9.8m | €8.8m | €8.5m | ▼ 3.6% |
| Intangible fixed assets21 | €11.6m | €9.2m | €9.7m | €9.3m | €8.5m | €8.3m | ▼ 3.0% |
| Tangible fixed assets22/27 | €1.1m | €0.8m | €0.6m | €0.5m | €0.3m | €0.3m | ▼ 19.1% |
| Plant, machinery and equipment23 | - | - | €0.5m | €0.5m | €0.3m | €0.2m | ▼ 16.1% |
| Furniture and vehicles24 | - | - | €0.03m | €0.003m | €0 | - | - |
| Other tangible fixed assets26 | - | - | €0.05m | €0.01m | €0.01m | €0.003m | ▼ 78.7% |
| Assets under construction and advance payments27 | - | - | €0 | €0 | €0 | €0 | = |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other financial fixed assets284/8 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Amounts receivable and cash guarantees285/8 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €3.6m | €19.1m | €8.2m | €16.3m | €17.9m | €28.0m | ▲ 56.3% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.5m | €17.3m | €7.1m | €15.3m | €16.6m | €27.1m | ▲ 63.0% |
| Trade receivables40 | - | - | - | €0.06m | €0.06m | €0.1m | ▲ 107% |
| Other amounts receivable41 | - | - | €7.1m | €15.3m | €16.6m | €27.0m | ▲ 62.8% |
| Cash at bank and in hand54/58 | €1.9m | €0.08m | €45 | €0 | - | €0.02m | - |
| Deferred charges and accrued income490/1 | - | - | €1.1m | €1.0m | €1.3m | €0.8m | ▼ 34.1% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €16.3m | €29.1m | €18.5m | €26.1m | €26.7m | €36.5m | ▲ 36.5% |
| Equity10/15 | €14.0m | €13.4m | €15.0m | €15.8m | €16.0m | €16.6m | ▲ 3.9% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.002m | €0 | - | - | - |
| Distributable reserves133 | - | - | - | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €14.0m | €13.3m | €15.0m | €15.7m | €16.0m | €16.6m | ▲ 3.9% |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Provisions for liabilities and charges160/5 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Major repairs and maintenance162 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €2.1m | €15.5m | €3.2m | €10.2m | €10.5m | €19.7m | ▲ 86.6% |
| Amounts payable within one year42/48 | €1.9m | €15.3m | €3.1m | €9.8m | €10.1m | €19.5m | ▲ 93.6% |
| Financial debts43 | - | - | €0 | - | - | - | - |
| Other loans439 | - | - | €0 | - | - | - | - |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.1m | ▼ 77.2% |
| Suppliers440/4 | - | - | €0.3m | €0.3m | €0.5m | €0.1m | ▼ 77.2% |
| Taxes, remuneration and social security45 | - | - | €2.8m | €2.5m | €2.0m | €1.7m | ▼ 14.8% |
| Taxes450/3 | - | - | €0 | - | - | €0.2m | - |
| Remuneration and social security454/9 | - | - | €2.8m | €2.5m | €2.0m | €1.4m | ▼ 27.3% |
| Other amounts payable47/48 | - | - | €0 | €7.0m | €7.6m | €17.7m | ▲ 133% |
| Accrued charges and deferred income492/3 | - | - | €0.1m | €0.4m | €0.5m | €0.2m | ▼ 57.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | ▲ 207% |
| + Depreciation and write-downs630 | €8.0m | €7.3m | €6.9m | €6.5m | €6.1m | €6.0m | ▼ 2.4% |
| Operating cash flow (approximation) | €10.8m | €6.6m | €8.6m | €7.2m | €6.3m | €6.6m | ▲ 4.4% |
| Investment in fixed assets (approximation) | - | -€4.5m | -€7.2m | -€6.0m | -€5.1m | -€5.6m | ▼ 10.1% |
| Change in cash | - | -€1.9m | -€0.08m | -€45 | - | - | - |
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 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2024 | full format | 21-05-2026 | 2026-00118760 |
| 30-09-2023 | full format | 21-03-2024 | 2024-00047760 |
| 30-09-2022 | full format | 17-04-2023 | 2023-00061521 |
| 30-09-2021 | full format | 07-04-2022 | 2022-20001299 |
| 30-09-2020 | full format | 22-04-2021 | 2021-11000496 |
| 30-09-2019 | full format | 17-04-2020 | 2020-09400236 |
| 30-09-2018 | full format | 30-04-2019 | 2019-11300011 |
| 30-09-2017 | full format | 27-04-2018 | 2018-10800202 |
| 30-09-2016 | full format | 02-05-2017 | 2017-10800091 |
| 30-09-2015 | full format | 20-04-2016 | 2016-10100562 |
Similar companies · same sector, comparable size
In4Care Community
BE 0890.146.333
Grimbergen · equity €16.4m
Digital Platform for Attorneys
BE 0507.674.145
Brussel · equity €16.1m
TheValueChain
BE 0838.023.085
Kontich · equity €16.7m
PROTIME
BE 0454.218.138
Mechelen · equity €15.9m
CrossPoint Solutions
BE 0881.854.615
Kontich · equity €16.8m
Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,929. 590 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Subsidies and aid
Flemish government
2023 · 1 entry · €809 awarded · €809 paidSchemes
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.