ACTIVE

Cerence

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Financial year 2024 · closed on 30/09/2024

Net result

626,1 k €

+207.3% YoY

Revenue

17 M €

+16.3% YoY

Equity

16,6 M €

+3.9% YoY

Workforce

70,8 ETP

-8.6% YoY

What does Cerence do?

Cerence is a Private limited company incorporated in 2001. Its registered office is in Gent. It employs on average 70,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.308.008

Incorporation

13/12/2001

Legal form

Private limited company

Registered office

Poortakkerstraat 91
9051 Gent · FlandreSee on map

Contributed capital

18 550,00 €

Latest accounts

30/09/2024

Average workforce

70,8 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2019		2018		2017		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	17 M €	+16.3%	14,6 M €	-22.2%	18,8 M €	+21.5%	15,4 M €	+15.5%	13,4 M €	+9.3%	12,2 M €	+1.2%	12,1 M €	-13.3%	13,9 M €	+9.7%	12,7 M €	-6.3%	13,6 M €	-27.7%	18,8 M €	-90.2%	191,2 M €	+9.7%	174,3 M €	+33.4%	130,7 M €	+47.1%	88,9 M €	+25.8%	70,6 M €
EBITDA	6,4 M €	+12.9%	5,6 M €	-22.5%	7,3 M €	-11.5%	8,2 M €	-25.1%	11 M €	+31.9%	8,3 M €	+8.4%	7,7 M €	+6.5%	7,2 M €	+0.7%	7,2 M €	+46.0%	4,9 M €	-20.5%	6,2 M €	-44.6%	11,1 M €	+16.9%	9,5 M €	-28.4%	13,3 M €	+32.1%	10,1 M €	-0.5%	10,1 M €
Operating result	403,8 k €	+186%	-468,1 k €	-158%	803,6 k €	-38.8%	1,3 M €	-56.3%	3 M €	+331%	696,4 k €	+186%	243,7 k €	-73.1%	904,9 k €	-26.4%	1,2 M €	+28.5%	956,4 k €	-17.0%	1,2 M €	-81.1%	6,1 M €	+46.2%	4,2 M €	-49.3%	8,2 M €	+196%	2,8 M €	+102%	1,4 M €
Net result	626,1 k €	+207%	203,8 k €	-72.7%	745,6 k €	-55.1%	1,7 M €	-41.6%	2,8 M €	+158%	1,1 M €	+64.9%	669,4 k €	-66.1%	2 M €	-29.0%	2,8 M €	+32808%	-8,5 k €	+99.5%	-1,7 M €	-124%	7,1 M €	-10.9%	7,9 M €	-17.1%	9,6 M €	+399%	1,9 M €	+83.4%	1 M €
Balance sheet
Equity	16,6 M €	+3.9%	16 M €	+1.3%	15,8 M €	+5.0%	15 M €	+7.4%	14 M €	-61.3%	36,1 M €	-30.0%	51,7 M €	+5.4%	49 M €	+4.2%	47 M €	+6.3%	44,2 M €	-0.0%	44,2 M €	-3.7%	45,9 M €	+18.2%	38,9 M €	+25.6%	30,9 M €	+44.6%	21,4 M €	+9.8%	19,5 M €
Total assets	36,5 M €	+36.5%	26,7 M €	+2.2%	26,1 M €	+41.6%	18,5 M €	+13.3%	16,3 M €	-70.6%	55,5 M €	-3.4%	57,4 M €	+2.3%	56,2 M €	-15.7%	66,6 M €	+18.4%	56,3 M €	+0.9%	55,8 M €	-60.2%	139,9 M €	+27.3%	109,9 M €	+21.1%	90,8 M €	+9.7%	82,7 M €	+34.8%	61,4 M €
Cash	20,4 k €		–		0 €	-100%	44,9 €	-100.0%	1,9 M €	-95.4%	42,1 M €	+20.7%	34,9 M €	+2505%	1,3 M €	+52.4%	878 k €	+64.0%	535,4 k €	-65.9%	1,6 M €	-90.8%	17 M €	+113%	8 M €	-71.1%	27,6 M €	+5.5%	26,2 M €	+692%	3,3 M €
Debts	19,5 M €	+93.6%	10,1 M €	+3.0%	9,8 M €	+216%	3,1 M €	+59.2%	1,9 M €	-89.8%	19 M €	+249%	5,5 M €	-21.9%	7 M €	-63.8%	19,3 M €	+64.5%	11,7 M €	+5.1%	11,2 M €	-85.4%	76,7 M €	+35.3%	56,7 M €	+27.6%	44,4 M €	-17.4%	53,8 M €	+50.2%	35,8 M €
Other
Workforce	70,8 ETP	-8.6%	77,5 ETP	-8.4%	84,6 ETP	-9.1%	93,1 ETP	-1.4%	94,4 ETP	-2.9%	97,2 ETP	+2.2%	95,1 ETP	+2.0%	93,2 ETP	-3.2%	96,3 ETP	-0.5%	96,8 ETP	-18.5%	118,8 ETP	-6.7%	127,3 ETP	+5.6%	120,6 ETP	-0.1%	120,7 ETP	+1.3%	119,1 ETP	+4.9%	113,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2024 · 3 active · 35 ended

Active mandates

Edward James Haggerty

Director · since 01 novembre 2024

Active

Jennifer Trusso Salinas

Director · since 04 avril 2022

Active

Dennis Close

Director · since 24 septembre 2019 · until 01 novembre 2024

Active

Ended mandates

Dennis Close

Director · since 24 septembre 2019

Ended

Dennis Close

Manager · since 24 septembre 2019

Ended

Leanne Fitzgerald

Director · since 24 septembre 2019 · until 03 février 2022

Ended

Leanne Fitzgerald

Director · since 24 septembre 2019

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019	01/10/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	30/09/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/05/2026	21/03/2024	17/04/2023	07/04/2022	22/04/2021	17/04/2020
General meeting	24/03/2026	06/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2024	24/03/2026	21/05/2026	Dutch	PDF
Full model	30/09/2023	06/03/2024	21/03/2024	Dutch	PDF
Full model	30/09/2022	31/03/2023	17/04/2023	Dutch	PDF
Full model	30/09/2021	31/03/2022	07/04/2022	Dutch	PDF
Full model	30/09/2020	31/03/2021	22/04/2021	Dutch	PDF
Full model	30/09/2019	31/03/2020	17/04/2020	Dutch	PDF
Full model	30/09/2018	29/03/2019	30/04/2019	Dutch	PDF
Full model	30/09/2017	30/03/2018	27/04/2018	Dutch	PDF
Full model	30/09/2016	31/03/2017	02/05/2017	Dutch	PDF
Full model	30/09/2015	24/03/2016	20/04/2016	Dutch	PDF
Full model	30/09/2014	27/03/2015	31/03/2015	Dutch	PDF
Full model	30/09/2013	26/06/2014	30/06/2014	Dutch	PDF
Full model	30/09/2012	29/03/2013	19/04/2013	Dutch	PDF
Full model	30/09/2011	20/06/2012	20/06/2012	Dutch	PDF
Full model	30/09/2010	29/03/2011	12/04/2011	Dutch	PDF
Full model	30/09/2009	31/03/2010	27/04/2010	Dutch	PDF
Full model	30/09/2008	22/12/2008	27/02/2009	Dutch	PDF
Full model	30/09/2007	21/12/2007	21/01/2008	Dutch	PDF
Full model	30/09/2006	20/02/2007	14/03/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Governance

Board of directors

Seen on filing of 30/09/2024 · 3 active · 35 ended

Active mandates

Edward James Haggerty

Director · since 01 novembre 2024

Active

Jennifer Trusso Salinas

Director · since 04 avril 2022

Active

Dennis Close

Director · since 24 septembre 2019 · until 01 novembre 2024

Active

Ended mandates

Dennis Close

Director · since 24 septembre 2019

Ended

Dennis Close

Manager · since 24 septembre 2019

Ended

Leanne Fitzgerald

Director · since 24 septembre 2019 · until 03 février 2022

Ended

Leanne Fitzgerald

Director · since 24 septembre 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/02/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/08/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates27/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other05/08/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

01/11/2024
nominationEdward James Haggerty — bestuurder
2024
Annual accounts 2024626,1 k €↑
29/03/2024
reconductionBDO Bedrijfsrevisoren BV — commissaris
2023
Annual accounts 2023203,8 k €↓
2022
Annual accounts 2022745,6 k €↓
04/04/2022
nominationJennifer Trusso Salinas — bestuurder
2021
Annual accounts 20211,7 M €↓
2019
Annual accounts 20192,8 M €↑
2018
Annual accounts 20181,1 M €↑
2017
Annual accounts 2017669,4 k €↓
2015
Annual accounts 20152 M €↓
2014
Annual accounts 20142,8 M €↑
2013
Annual accounts 2013-8,5 k €↑
2012
Annual accounts 2012-1,7 M €↓
2011
Annual accounts 20117,1 M €↓
2010
Annual accounts 20107,9 M €↓
2009
Annual accounts 20099,6 M €↑
2008
Annual accounts 20081,9 M €↑
2007
Annual accounts 20071 M €
13/12/2001
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Cerence

Overview

What does Cerence do?

Trend over 16 financial years

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