Cerence
ActiveSummary
The computed 12-month bankruptcy probability of Cerence is 2.0% (moderate). The 2025 annual accounts show equity of €16.3m and a net result of -€257,953. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 85% of 1,677 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.
Overview
- Staff
- 58.8 FTE
- Equity
- €16.3m
- Loss
- -€257,953
- Parent
- Cerence Inc.
- Edward James HaggertyDirector
Why 55raises riskLast filed accounts filed 165 days late; 2 of the last 3 lateLiquidity: current ratio 3.11, cash €0, halved1 change of registered office in 24 monthslowers riskSize: turnover €11.8m, 58.8 FTE, total assets €21.4mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, medium-sized): better than 95% on solvency, 58% on liquidity, 76% on profitability and 15% on growth.
The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 65 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, 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.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €595,147 after €403,797 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
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).
Peer companies
Historical observationOf the 830 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96.5% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 830 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | €26.4m | €28.0m | €22.1m | €24.7m | €17.2m | ▼ 30.0% |
| Turnover70 | €13.4m | €14.3m | €15.4m | €18.8m | €14.6m | €17.0m | €11.8m | ▼ 30.6% |
| Own construction capitalised72 | - | - | €7.0m | €5.7m | €5.1m | €5.5m | €4.0m | ▼ 28.1% |
| Other operating income74 | - | - | €3.9m | €3.5m | €2.4m | €2.1m | €1.3m | ▼ 38.6% |
| Non-recurring operating income76A | - | - | €0.01m | €0 | - | - | €0.2m | - |
| Operating charges60/66A | - | - | €25.1m | €27.2m | €22.5m | €24.2m | €17.8m | ▼ 26.4% |
| Services and other goods61 | - | - | €1.7m | €2.2m | €3.0m | €1.6m | €2.1m | ▲ 32.5% |
| Remuneration, social security and pensions62 | - | - | €16.4m | €18.5m | €13.4m | €16.7m | €10.6m | ▼ 36.9% |
| 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 | €5.2m | ▼ 12.5% |
| Other operating charges640/8 | - | - | €0.04m | €0.02m | €0.02m | €447 | €467 | ▲ 4.4% |
| Non-recurring operating charges66A | - | - | €0 | - | - | - | - | - |
| Operating profit (loss)9901 | €3.0m | -€1.2m | €1.3m | €0.8m | -€0.5m | €0.4m | -€0.6m | - |
| Financial income75/76B | - | - | €0.05m | €0 | €0.7m | €0.5m | €0.4m | ▼ 4.1% |
| Recurring financial income75 | - | €0.006m | €0.05m | €0 | €0.7m | €0.5m | €0.4m | ▼ 4.1% |
| Income from current assets751 | - | - | €434 | €0 | €0.2m | €0 | - | - |
| Other financial income752/9 | - | - | €0.05m | €0 | €0.5m | €0.5m | €0.4m | ▼ 4.1% |
| Non-recurring financial income76B | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | €0.01m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 53.4% |
| Recurring financial charges65 | €0.003m | €0.006m | €0.01m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 53.4% |
| Debt charges650 | - | €388 | €0 | - | €0.2m | €0.2m | €0.4m | ▲ 70.4% |
| Other financial charges652/9 | - | - | €0.01m | €0.2m | €0.06m | €0.03m | €0 | ▼ 100% |
| 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 | -€0.5m | - |
| Income taxes67/77 | €0.2m | -€0.4m | -€0.3m | -€0.1m | -€0.2m | -€0.02m | -€0.3m | ▼ 1,588% |
| Taxes670/3 | - | - | €0 | - | - | €0.05m | €0 | ▼ 100% |
| Tax adjustments and reversals of tax provisions77 | - | - | €0.3m | €0.1m | €0.2m | €0.07m | €0.3m | ▲ 332% |
| Profit (loss) for the period9904 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | -€0.3m | - |
| Profit (loss) for the period to be appropriated9905 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | -€0.3m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €16.3m | €29.1m | €18.5m | €26.1m | €26.7m | €36.5m | €21.4m | ▼ 41.3% |
| Fixed assets21/28 | €12.7m | €10.0m | €10.3m | €9.8m | €8.8m | €8.5m | €7.3m | ▼ 14.0% |
| Intangible fixed assets21 | €11.6m | €9.2m | €9.7m | €9.3m | €8.5m | €8.3m | €7.1m | ▼ 13.6% |
| Tangible fixed assets22/27 | €1.1m | €0.8m | €0.6m | €0.5m | €0.3m | €0.3m | €0.1m | ▼ 41.3% |
| Plant, machinery and equipment23 | - | - | €0.5m | €0.5m | €0.3m | €0.2m | €0.1m | ▼ 41.2% |
| Furniture and vehicles24 | - | - | €0.03m | €0.003m | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | €0.05m | €0.01m | €0.01m | €0.003m | €0.002m | ▼ 46.2% |
| Assets under construction and advance payments27 | - | - | €0 | €0 | €0 | €0 | €0 | = |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.04m | ▲ 35× |
| Other financial fixed assets284/8 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.04m | ▲ 35× |
| Amounts receivable and cash guarantees285/8 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0.04m | ▲ 35× |
| Current assets29/58 | €3.6m | €19.1m | €8.2m | €16.3m | €17.9m | €28.0m | €14.1m | ▼ 49.5% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €0.5m | €17.3m | €7.1m | €15.3m | €16.6m | €27.1m | €13.3m | ▼ 50.9% |
| Trade receivables40 | - | - | - | €0.06m | €0.06m | €0.1m | €0.09m | ▼ 29.6% |
| Other amounts receivable41 | - | - | €7.1m | €15.3m | €16.6m | €27.0m | €13.2m | ▼ 51.0% |
| Cash at bank and in hand54/58 | €1.9m | €0.08m | €45 | €0 | - | €0.02m | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | €1.1m | €1.0m | €1.3m | €0.8m | €0.8m | ▼ 3.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €16.3m | €29.1m | €18.5m | €26.1m | €26.7m | €36.5m | €21.4m | ▼ 41.3% |
| Equity10/15 | €14.0m | €13.4m | €15.0m | €15.8m | €16.0m | €16.6m | €16.3m | ▼ 1.6% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €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 | €0.002m | = |
| Profit (loss) carried forward14 | €14.0m | €13.3m | €15.0m | €15.7m | €16.0m | €16.6m | €16.3m | ▼ 1.6% |
| Provisions and deferred taxes16 | €0.2m | €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 | €0.2m | = |
| Major repairs and maintenance162 | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €2.1m | €15.5m | €3.2m | €10.2m | €10.5m | €19.7m | €4.9m | ▼ 75.2% |
| Amounts payable within one year42/48 | €1.9m | €15.3m | €3.1m | €9.8m | €10.1m | €19.5m | €4.5m | ▼ 76.7% |
| Financial debts43 | - | - | €0 | - | - | - | €0.09m | - |
| Credit institutions430/8 | - | - | - | - | - | - | €0.09m | - |
| Other loans439 | - | - | €0 | - | - | - | - | - |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | €0.1m | €0.04m | ▼ 61.5% |
| Suppliers440/4 | - | - | €0.3m | €0.3m | €0.5m | €0.1m | €0.04m | ▼ 61.5% |
| Taxes, remuneration and social security45 | - | - | €2.8m | €2.5m | €2.0m | €1.7m | €1.6m | ▼ 2.9% |
| Taxes450/3 | - | - | €0 | - | - | €0.2m | €0.3m | ▲ 22.5% |
| Remuneration and social security454/9 | - | - | €2.8m | €2.5m | €2.0m | €1.4m | €1.3m | ▼ 7.3% |
| Other amounts payable47/48 | - | - | €0 | €7.0m | €7.6m | €17.7m | €2.8m | ▼ 84.3% |
| Accrued charges and deferred income492/3 | - | - | €0.1m | €0.4m | €0.5m | €0.2m | €0.3m | ▲ 67.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.8m | -€0.6m | €1.7m | €0.7m | €0.2m | €0.6m | -€0.3m | - |
| + Depreciation and write-downs630 | €8.0m | €7.3m | €6.9m | €6.5m | €6.1m | €6.0m | €5.2m | ▼ 12.5% |
| Operating cash flow (approximation) | €10.8m | €6.6m | €8.6m | €7.2m | €6.3m | €6.6m | €5.0m | ▼ 24.8% |
| Investment in fixed assets (approximation) | - | -€4.5m | -€7.2m | -€6.0m | -€5.1m | -€5.6m | -€4.0m | ▲ 28.8% |
| Change in cash | - | -€1.9m | -€0.08m | -€45 | - | - | -€0.02m | - |
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 23 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 12-10-2026 | 2026-00556142 |
| 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 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2023 · 1 entry · €809 awarded · €809 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Statutory auditor 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Edward James Haggerty |
|
| BDO Bedrijfarevisoren BV |
|
| Dennis Close |
|
Owners and capital
Owners
1 ownerChain of control
- Cerence Inc.US
- Cerence
Highest known parent: Cerence Inc. (United States). The sources do not say who stands above it.
Owners 1
- Cerence Inc.USconsolidating parentconsolidates
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
05-08
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 18-03-2026
- Registered-office move, Poortakkerstraat 91, 9051 Gent
24-02
Gazette deed
Resignation: Dennis Close (director)Appointment: Edward James Haggerty (director)4 facts ▸
- General meeting, 07-10-2024
- Director resignation, Dennis Close (director)
- General meeting, 15-01-2025
- Director appointment, Edward James Haggerty (director)
13-08
Gazette deed
Reappointment: BDO Bedrijfarevisoren BV (statutory auditor)Correction3 facts ▸
- General meeting, 15-07-2024
- Correction, “herbenoeming commissaris en vaste vertegenwoordiger, bevestiging correcte lezing” (deed in Dutch)
- Auditor reappointment, BDO Bedrijfarevisoren BV (statutory auditor)
Show earlier events
About the unread acts
Of the 24 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 21 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 33305B1013/00H002 | Flanders | 3,102 m² | 1 · 1,333 m² | 6.0 m · 1 |
| 44062A0318/00A000 | Flanders | 1,418 m² | 1 · 81 m² | 5.1 m |
How the parcels are linked
Articles of association
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- “Michael Engelking” (deed in Dutch)“Nicole De Badts” (deed in Dutch)1 more provision on this in the deeddeed of 05-08-2026
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 24-02-2025
Read from the deeds: 4 provisions, deed of 05-08-2026