Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 27.7 to 23.4.
Financials
Financial year 2026
Cyient Semiconductors from Leuven, company number BE0462614279, closed financial year 2026 with a result of € -4.6 million after tax. For that financial year Cyient Semiconductors recorded revenue of € 7.1 million and equity of € -1.5 million. Compared with financial year 2025, the result moved from € 327,669 to € -4.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2026.
€ -1.5 million
▼ € 4.6 million vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4.6 million
▼ still € 327,669 profit in 2025
Profit after tax over the fiscal year.
€ 851,316
▼ 29% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2026
23.4
▼ 2.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 7% vs 2025
€ 111,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 6,925
▼ 47% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 7.5 million
▲ 55% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 302 days on average.
€ 899,661
▼ 17% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 13,779,416 | € 15,287,460 | € 8,665,744 | € 7,130,838 | ▼ 18% |
| Profit after taxes | € 521,357 | € 290,410 | € 327,669 | € -4,570,336 | ▼ € 4.9 million |
| Equity | € 2,417,613 | € 2,708,024 | € 3,035,693 | € -1,534,643 | ▼ € 4.6 million |
| Total debts | € 10,335,531 | € 8,551,543 | € 6,676,352 | € 8,668,092 | ▲ 30% |
| Cash | € 1,050,683 | € 1,060,390 | € 1,197,184 | € 851,316 | ▼ 29% |
| Retained profit | € 2,018,810 | € 2,309,221 | € 2,636,890 | € -1,933,446 | ▼ € 4.6 million |
| Balance sheet total | € 12,753,144 | € 11,259,567 | € 9,712,045 | € 7,133,448 | ▼ 27% |
| Employees (FTE) | 27.6 | 27.7 | 25.7 | 23.4 | ▼ 2.3 |
By revenue, Cyient Semiconductors ranks 15th of 18 companies with main activity “Technische studiën en ingenieursactiviteiten” in Leuven that publish figures (fiscal year 2026).
Key figures of Cyient Semiconductors, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
Ask about Cyient Semiconductors the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to Cyient Semiconductors?
What happened at Cyient Semiconductors in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PNSV Narasimham stepped down as director. NBB
- Andrew Smith stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 4.6 million (▼ € 4.9 million vs 2025). Source: NBB ↗
- PNSV Narasimham became a director. NBB
- Andrew Smith became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 521,357 profit in 2023 to € 4.6 million loss in 2026.
Paid € 383,875 in corporate taxes since 2023.
Best year ever: 2023, with € 521,357 profit.
Management
Directors
According to the 2026 annual accounts
PNSV Narasimham
Director
since 2023 · until 2029
Andrew Smith
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Esperantolaan 9
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0462.614.279
- VAT number
- BE 0462.614.279
- Registered office
- Esperantolaan 9, 3001 Leuven
- Names & denominations
- Cyient Semiconductors
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 February 1998
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Technische studiën en ingenieursactiviteiten
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