ACTIVE

Cadence Design Systems Belgium

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Financial year 2024 · Closed on 31/12/2024

Net result-10,7 M €-262,6 %over 1 year
Revenue11,9 M €+4,9 %over 1 year
Equity1,2 M €-90,2 %over 1 year
Workforce70,4 ETP-6,4 %over 1 year

Identity

Source · BCE/KBO

Cadence Design Systems Belgium is a Public limited company incorporated in 1992. Its main activity is: Computer programming activities. Its registered office is in Watermael-Boitsfort. It employs on average 70,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0447.480.893
Incorporation
19/05/1992
Legal form
Public limited company
Registered office
Chaussée de La Hulpe 187-189
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
1 020 454,31 €
Latest accounts
31/12/2024
Average workforce
70,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
Good liquidityHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20242023202220212020
Income statement
Revenue11,9 M €11,3 M €8,9 M €6,1 M €13,3 M €
EBITDA-3,8 M €13,6 M €-3,6 M €-3,9 M €4,6 M €
Operating result-7,6 M €7,7 M €-8,1 M €-7 M €1,9 M €
Net result-10,7 M €6,6 M €-9,3 M €-6,4 M €992,1 k €
Balance sheet
Equity1,2 M €11,9 M €5,4 M €11,6 M €18 M €
Total assets81,2 M €66,2 M €35 M €28,2 M €27,4 M €
Cash2,7 M €2,8 M €1,3 M €2 M €3,6 M €
Debts78,5 M €52,3 M €28,5 M €15,5 M €8,6 M €
Other
Workforce70,4 ETP75,2 ETP78,4 ETP84,6 ETP89,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 46 ended

Active mandates

Amandine Elliffe

Managing director · since 23 février 2021 · until 25 mai 2026

Active
Nelson Steve

Managing director · since 23 février 2021 · until 26 mai 2026

Active
Ozawa Dean

Managing director · since 23 février 2021 · until 26 mai 2026

Active

Ended mandates

Amandine Eliffe

Managing director · since 23 février 2021 · until 25 mai 2026

Ended
Arnold Jensen

Managing director · since 23 février 2021 · until 07 juin 2021

Ended
CH-Mgt

Managing director · since 23 février 2021 · until 17 janvier 2023 · 0695.916.701

Represented by Charles Hirsch

Ended
CH-Mgt

Managing director · since 23 février 2021 · until 26 février 2026 · 0695.916.701

Represented by Charles Hirsch

Ended

Other companies at this address

Chaussée de La Hulpe 187-189 1170 Watermael-Boitsfort
CompanyCBE no.
NUMFLO● Active
0885.779.650
SECURE-IC● Active
0792.422.890

Full financial information

Source · NBB
202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/12/202518/02/202530/01/202422/03/202324/09/202228/09/2020
General meeting04/12/202512/12/202414/12/202314/03/202322/09/202227/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202404/12/202516/12/2025FrenchPDF
Full model31/12/202312/12/202418/02/2025FrenchPDF
Full model31/12/202214/12/202330/01/2024FrenchPDF
Full model31/12/202114/03/202322/03/2023FrenchPDF
Full model31/12/202022/09/202224/09/2022FrenchPDF
Full model31/12/201927/05/202028/09/2020FrenchPDF
Full model31/12/201812/06/201926/06/2019FrenchPDF
Full model31/12/201723/05/201804/07/2018FrenchPDF
Full model31/12/201624/05/201726/06/2017FrenchPDF
Full model31/12/201518/05/201601/07/2016FrenchPDF
Full model31/12/201427/05/201516/07/2015FrenchPDF
Full model31/12/201328/05/201418/08/2014FrenchPDF
Full model31/12/201222/05/201327/08/2013FrenchPDF
Full model31/12/201129/05/201208/06/2012FrenchPDF
Full model31/12/201026/05/201126/08/2011FrenchPDF
Full model31/12/200926/05/201028/07/2010FrenchPDF
Full model31/12/200827/05/200925/08/2009FrenchPDF
Full model31/12/200728/05/200829/08/2008FrenchPDF
Abridged model31/12/200613/06/200729/06/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

3 active · 46 ended

Active mandates

Amandine Elliffe

Managing director · since 23 février 2021 · until 25 mai 2026

Active
Nelson Steve

Managing director · since 23 février 2021 · until 26 mai 2026

Active
Ozawa Dean

Managing director · since 23 février 2021 · until 26 mai 2026

Active

Ended mandates

Amandine Eliffe

Managing director · since 23 février 2021 · until 25 mai 2026

Ended
Arnold Jensen

Managing director · since 23 février 2021 · until 07 juin 2021

Ended
CH-Mgt

Managing director · since 23 février 2021 · until 17 janvier 2023 · 0695.916.701

Represented by Charles Hirsch

Ended
CH-Mgt

Managing director · since 23 février 2021 · until 26 février 2026 · 0695.916.701

Represented by Charles Hirsch

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates18/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/02/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF
  • Mandates24/02/2022
    DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates24/01/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/06/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2021
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 28/01/2025
    nominationHelen Bird — Mandataire
  2. 2024
    Annual accounts 2024-10,7 M €↓
  3. 2023
    Annual accounts 20236,6 M €↑
  4. 2022
    Annual accounts 2022-9,3 M €↓
  5. 01/12/2022
    nominationYannick Beaux — Site Manager
  6. 2021
    Annual accounts 2021-6,4 M €↓
  7. 2020
    Annual accounts 2020992,1 k €↓
  8. 2019
    Annual accounts 20194,3 M €↓
  9. 2018
    Annual accounts 20185,8 M €↑
  10. 2017
    Annual accounts 2017630,2 k €↓
  11. 2016
    Annual accounts 20161,1 M €↑
  12. 2015
    Annual accounts 2015688,2 k €↓
  13. 2014
    Annual accounts 2014916,7 k €↑
  14. 2013
    Annual accounts 2013820,2 k €↓
  15. 2012
    Annual accounts 20121,4 M €↑
  16. 2011
    Annual accounts 20111,3 M €↑
  17. 2010
    Annual accounts 2010680,2 k €↓
  18. 2009
    Annual accounts 2009856,6 k €↓
  19. 2008
    Annual accounts 20081 M €↑
  20. 2007
    Annual accounts 2007724,6 k €↑
  21. 2006
    Annual accounts 2006552,9 k €
  22. 19/05/1992
    IncorporationPublic limited company