Cisco Systems Belgium
ActiveFrom the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Cisco Systems Belgium has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.3m and a net result of €8.1m. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 27% of 1,682 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
KBO- Status
- Active since 14-04-1992 Normal situation
- Legal form
- Private limited company
- Registered office
- De Kleetlaan 6A, 1831 Machelen (Brab.)
- Activity
- Computer consultancy and computer facilities management NACE 62200
- Establishment units
- 3 establishment units
- Financial year end
- 31 July
- Peppol
- Reachable since 22-12-2025
Who decides
Board
- Annick DE WAELEDirector · since 17-03-2021
- Auditor
- BV PwC Bedrijfsrevisoren
Shareholders
- Cisco ISH B.V100%annual accounts 31-07-2025
- CISCO SYSTEMS, INC.consolidatedLEI register
- Holdings
- Shares in 1 company Cisco Systems Senegal SARL
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.5%
Annual accounts to 31-07-2025
- Turnover
- €177.9m
- ▲ 10.2%
- Profit
- €8.1m
- ▼ 0.3%
- Equity
- €9.3m
- ▲ 1.3%
- Total assets
- €66.4m
- ▲ 17.9%
- Staff
- 383.9 FTE
- ▼ 11.6%
Standalone figures, without subsidiaries2025 accounts 18 days early
Filed on 10-02-2026PDF
Why 81raises riskLiquidity: current ratio 1.09, cash €41,635Equity €9.3m (14.0% of total assets)lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €177.9m, 383.9 FTE, total assets €66.4m, files consolidated accountsShow the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 38% of its sector peers (NACE 62, large)
Financial strength · tick = 2024
Weak
Solvency
39-2
equity 14.0% of total assets
Liquidity
4-2
short-term debt 83.1% · cash 0.1%
Profitability
73-4
return on assets 12.2%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.7%▲ +0.2 percentage points vs 02-2025highest value
04-2025: 0.4%▼ -0.3 percentage points vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025lowest value
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.5%▲ +0.1 percentage points vs 01-2026
03-2026: 0.4%▼ -0.1 percentage points vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 0.4%● unchanged vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
Credit of up to €750,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.09, compared with 1.11 in 2024, below the usual 1.5; short-term debt: 83.1% and cash: 0.1% of total assets), and 86% of the assets are financed with debt and provisions.
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, large): better than 14% on solvency, 3% on liquidity, 76% on profitability and 60% on growth.
The bankruptcy probability was computed on 31-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 10-02-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 days early
2025
15 days early
2024
1 day early
2024
183 days late
2023
22 days early
2022
13 days early
2021
18 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 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 (1)
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 10-02-2026
- Consolidated accounts 2025filed on 11-02-2026
- Annual accounts 2024filed on 27-02-2025
- Consolidated accounts 2024filed on 29-08-2025
Acts in the Belgian Official Gazette
- Capital & shares · Restructuringact of 26-08-2026
- Restructuringact of 22-05-2026
- Resignations & appointmentsact of 10-02-2026
- Resignations & appointmentsact of 18-06-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about Cisco Systems Belgium
- What is the company number of Cisco Systems Belgium?
- 0447.138.227. In Belgium the VAT number is the company number with BE in front: BE 0447.138.227.
- Where is Cisco Systems Belgium based?
- The registered office is at De Kleetlaan 6A, 1831 Machelen (Brab.).Company details
- What does Cisco Systems Belgium do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of Cisco Systems Belgium?
- Private limited company (BV).
- When was Cisco Systems Belgium founded?
- On 14-04-1992.
- Is Cisco Systems Belgium still active?
- Yes, Cisco Systems Belgium is an active enterprise in the KBO register.
- How many employees does Cisco Systems Belgium have?
- On average 383.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Cisco Systems Belgium?
- €177.9m in financial year 2025, according to the filed annual accounts.
- Is Cisco Systems Belgium profitable?
- In financial year 2025, Cisco Systems Belgium made a profit of €8.1m.
- Where can I find the annual accounts of Cisco Systems Belgium?
- Cisco Systems Belgium filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
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