KPMG in Belgium closed the 2018 fiscal year with a turnover of EUR 182.6 million and a growth of 9.4%, compared to the last fiscal year. Specializing in auditing, consultancy and tax services, the service provider invests heavily in technology, people and mobility to fortify its sustainable growth. The fiscal year ended on 30 September 2018 and includes the various entities of KPMG in Belgium.
KPMG is fully committed to going digital. Koen Maerevoet, CEO of KPMG in Belgium: "The economy is in full transition, and this is happening at a rapid pace. This trend has become the cornerstone of the services that we provide to our customers." In concrete terms, Maerevoet sees significant potential in the use of Data & Analytics. "The auditing practice can fully utilize the D&A applications. Data analysis will result in us being able to perform audits in real-time instead of using random spot checks, which will only serve to improve speed and accuracy."
Digitalization is also central when it comes to consultancy and tax services: "At a European level, a digital service tax is currently in the pipeline, which will pose new challenges in terms of taxation for our tech companies. Moving forward, we are fully integrating our consultancy services across the firm given that technological services today can no longer be kept separate from management consulting, risk management and M&A consultancy.”
In addition to technology, KPMG in Belgium also invests significantly in its people. This year, more than 300 professionals were recruited, taking the number of employees to around 1,350. Maerevoet: "Alongside the traditional profiles – lawyers, economists and tax experts – we are also recruiting people with a specific background in IT, for example, or, as a result of Brexit, experts in customs law." Next year, KPMG will continue to strengthen its workforce with both new graduates and more experienced profiles.
KPMG is committed to sustainable growth. "Our new offices at Brussels Airport and Antwerp-Berchem, as well as our mobility plan – through which we encourage our employees to use alternative means of transport – are paying off. We want to continue down this path," concludes Maerevoet.