ACTIVE

Cisco Systems Belgium

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Financial year 2025 · Closed on 31/07/2025

Net result8,1 M €-0,3 %over 1 year

Revenue177,9 M €+10,2 %over 1 year

Equity9,3 M €+1,3 %over 1 year

Workforce383,9 ETP-11,6 %over 1 year

Identity

Source · BCE/KBO

Cisco Systems Belgium is a Private limited company incorporated in 1992. Its main activity is: Computer consultancy activities. Its registered office is in Machelen (Brab.). It employs on average 383,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0447.138.227
Incorporation: 14/04/1992
Legal form: Private limited company
Registered office: De Kleetlaan 6A
1831 Machelen (Brab.) · FlandreSee on map
Contributed capital: 690 055,00 €
Latest accounts: 31/07/2025
Average workforce: 383,9 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 25 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	177,9 M €	+10.2%	161,5 M €	+1.6%	158,9 M €	+16.4%	136,6 M €	-11.0%	153,5 M €
EBITDA	14,3 M €	-8.8%	15,6 M €	+16.4%	13,4 M €	+10.8%	12,1 M €	-8.0%	13,2 M €
Operating result	10,9 M €	-4.5%	11,4 M €	+6.2%	10,8 M €	+9.8%	9,8 M €	+2.7%	9,5 M €
Net result	8,1 M €	-0.3%	8,1 M €	+2.2%	8 M €	+25.4%	6,3 M €	+0.1%	6,3 M €
Balance sheet
Equity	9,3 M €	+1.3%	9,1 M €	-16.9%	11 M €	-35.4%	17 M €	+59.3%	10,7 M €
Total assets	66,4 M €	+17.9%	56,3 M €	-16.8%	67,6 M €	+25.2%	54 M €	+12.8%	47,9 M €
Cash	41,6 k €	+28.8%	32,3 k €	+49.2%	21,7 k €	+82.9%	11,8 k €		–
Debts	55,1 M €	+22.4%	45 M €	-17.5%	54,6 M €	+57.2%	34,7 M €	-0.4%	34,9 M €
Other
Workforce	383,9 ETP	-11.6%	434,3 ETP	-3.8%	451,5 ETP	-4.2%	471,4 ETP	-4.2%	492,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/07/2025

1 active · 8 ended

Active mandates

Annick De Waele

Director · since 17 mars 2021

Active

Ended mandates

Arnaud Spirlet

Director · since 17 mars 2021 · until 24 mai 2024

Ended

Arnaud Spirlet

Director · since 17 mars 2021

Ended

Evan Barry SLOVES

Director · since 31 décembre 2004 · until 17 mars 2021

Ended

Evan Barry SLOVES

Director · since 31 décembre 2004

Ended

Other companies at this address

De Kleetlaan 6A 1831 Machelen (Brab.)

Company	CBE no.
BTW-EENHEID CLEAR2PAY● Active	0844.850.402
CISCO TECHNOLOGY BELGIUM● Active	0524.687.549
CLEAR2PAY● Active	0472.753.848
CLEAR2PAY BELGIUM● Active	0430.605.764

Full financial information

Source · NBB

	2025	2025	2024	2024	2023	2022
Type of account	Full model	Consolidated accounts	Full model	Consolidated accounts	Full model	Full model
Start of the financial year	01/08/2024	28/07/2024	01/08/2023	30/07/2023	01/08/2022	01/08/2021
Closing of the financial year	31/07/2025	26/07/2025	31/07/2024	27/07/2024	31/07/2023	31/07/2022
Length of the financial year	12 months	13 months	12 months	13 months	12 months	12 months
Filing date	10/02/2026	11/02/2026	27/02/2025	29/08/2025	07/02/2024	15/02/2023
General meeting	30/01/2026	16/12/2025	30/01/2025	09/12/2024	30/01/2024	30/01/2023
Currency of the financial year	EUR	USD	EUR	USD	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 25 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/07/2025	30/01/2026	10/02/2026	Dutch	PDF
Consolidated accounts	26/07/2025	16/12/2025	11/02/2026	Dutch	PDF
Full model	31/07/2024	30/01/2025	27/02/2025	Dutch	PDF
Consolidated accounts	27/07/2024	09/12/2024	29/08/2025	Dutch	PDF
Full model	31/07/2023	30/01/2024	07/02/2024	Dutch	PDF
Full model	31/07/2022	30/01/2023	15/02/2023	Dutch	PDF
Full modelCorrection	31/07/2021	31/01/2022	10/10/2022	Dutch	PDF
Full model	31/07/2021	31/01/2022	10/02/2022	Dutch	PDF
Full model	31/07/2020	25/01/2021	01/02/2021	Dutch	PDF
Full model	31/07/2019	22/01/2020	21/02/2020	Dutch	PDF
Full model	31/07/2018	31/01/2019	14/02/2019	Dutch	PDF
Full model	31/07/2017	31/01/2018	09/02/2018	Dutch	PDF
Full model	31/07/2016	31/01/2017	28/02/2017	Dutch	PDF
Full model	31/07/2015	29/02/2016	18/03/2016	Dutch	PDF
Full model	31/07/2014	05/03/2015	31/03/2015	Dutch	PDF
Full model	31/07/2013	26/02/2014	11/03/2014	Dutch	PDF
Full model	31/07/2012	28/02/2013	28/02/2013	Dutch	PDF
Full model	31/07/2011	29/02/2012	30/03/2012	Dutch	PDF
Full model	31/07/2010	30/03/2011	31/03/2011	Dutch	PDF
Full model	31/07/2009	24/03/2010	09/04/2010	Dutch	PDF
Full model	31/07/2008	30/06/2009	30/07/2009	Dutch	PDF
Consolidated accounts	26/07/2008	01/01/9999	30/07/2009	Dutch	PDF
Full model	31/07/2007	17/09/2008	09/10/2008	Dutch	PDF
Consolidated accounts	28/07/2007	01/01/9999	09/10/2008	Dutch	PDF

View all 25 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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.

Board of directors

Source · NBB, accounts to 31/07/2025

1 active · 8 ended

Active mandates

Annick De Waele

Director · since 17 mars 2021

Active

Ended mandates

Arnaud Spirlet

Director · since 17 mars 2021 · until 24 mai 2024

Ended

Arnaud Spirlet

Director · since 17 mars 2021

Ended

Evan Barry SLOVES

Director · since 31 décembre 2004 · until 17 mars 2021

Ended

Evan Barry SLOVES

Director · since 31 décembre 2004

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring26/08/2026
VERRICHTING GELIJKGESTELD MET FUSIE DOOR OVERNEMING VAN DE
PDF
Restructuring22/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates10/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/08/2021
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20258,1 M €↓
2024
Annual accounts 20248,1 M €↑
2023
Annual accounts 20238 M €↑
30/01/2023
reconductionKoen Hens — commissaris
2022
Annual accounts 20226,3 M €↑
2021
Annual accounts 20216,3 M €↑
2020
Annual accounts 20204,9 M €↓
2019
Annual accounts 20197,1 M €↑
2018
Annual accounts 20186,3 M €↓
2017
Annual accounts 20176,5 M €↓
2016
Annual accounts 20167,2 M €↓
2015
Annual accounts 201519,8 M €↑
2014
Annual accounts 20146,3 M €↑
2013
Annual accounts 20134 M €↓
2012
Annual accounts 20125,4 M €↑
2011
Annual accounts 20114,6 M €↓
2010
Annual accounts 20105,2 M €
14/04/1992
IncorporationPrivate limited company

Cisco Systems Belgium

Overview

Identity

Financials

Valuation

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

Timeline