These are the country’s largest ICT companies – Datanews magazines on PC

Proximus is still the undisputed leader in Trends Top ICT, the annual ranking of the largest ICT companies based on revenue.

No major shifts in the ranking of the largest ICT companies, which Trends Business Information collected as a result of Trends Top ICT, which you can also find for free on Data News 03/2022. Proximus is still at the top with a turnover of 3.786 billion euros in the financial year 2020: the year to which these figures apply. Most ICT companies in the highest regions got through the first corona year well. 11 of the 30 largest had to accept a loss of revenue compared to the financial year 2019. For six companies in the top 30, no net profit was made, but a loss. Although it is always possible to see what exactly is going on here from case to case. For Avnet Europe at number 2, for example, the 1.199 billion stand out in a negative way. There is the explanation why the distributor accounted for almost 1.2 billion depreciation on equity. Although Avnet also had to make do with 374 million less turnover than the year before. Together, the 30 largest IT companies in the country accounted for 22.588 billion euros in revenue in 2020. That was 536 million euros less than in 2019.

Together, the 30 largest IT companies in the country accounted for 22.588 billion euros in revenue in 2020: 536 million euros less than in 2019.

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Cronos Group is the largest IT service group

In third place we find the second distributor – Tech Data – followed by the operators Telenet, Orange Belgium and BICS. The latter is actually Proximus’ international aviation division, but no consolidated financial statements are included in this ranking to allow a fair comparison. This is also the reason why an additional Telenet group can be found in 13th place. And perhaps more striking: the Cronos group’s apparent absence. This conglomerate has hundreds of companies, each of which presents its own financial statements. If we look at the consolidated turnover there, we reach 7,000 employees, who together will pay in 846 million euros in 2020: 10% more than in 2019 otherwise. This clearly makes Cronos Group the largest IT service group in our country.

For comparison: in the same period, Cegeka had a consolidated turnover of 637 million euros (+ 13% compared to 2019), of which about half achieves abroad. NRB – in 25th place in the rankings – would also score significantly higher if we take into account the consolidated revenue. Then the group ends up with a turnover of 411 million euros in the financial year 2020: an increase of 19% compared to 2019.

The full ranking, including additional rankings and interpretation, can be found in the Trends Top ICT 2022 Magazine, which you will receive as an attachment to Data News 03/2022. You can also read the magazine via MijnMagazine’s apps and website.

No major shifts in the ranking of the largest ICT companies, which Trends Business Information collected as a result of Trends Top ICT, which you can also find for free on Data News 03/2022. Proximus is still at the top with a turnover of 3.786 billion euros in the financial year 2020: the year to which these figures apply. Most ICT companies in the highest regions got through the first corona year well. 11 of the 30 largest had to accept a loss of revenue compared to the financial year 2019. For six companies in the top 30, no net profit was made, but a loss. Although it is always possible to see what exactly is going on here from case to case. For Avnet Europe at number 2, for example, the 1.199 billion stand out in a negative way. There is the explanation why the distributor accounted for almost 1.2 billion depreciation on equity. Although Avnet also had to make do with 374 million less turnover than the year before. Together, the 30 largest IT companies in the country accounted for 22.588 billion euros in turnover in 2020. That was 536 million euros less than in 2019. In third place we find the second distributor – Tech Data – followed by the operators Telenet, Orange Belgium and BICS . The latter is actually Proximus’ international aviation division, but no consolidated financial statements are included in this ranking to allow a fair comparison. This is also the reason why an additional Telenet group can be found in 13th place. And perhaps more striking: the Cronos group’s apparent absence. This conglomerate has hundreds of companies, each of which presents its own financial statements. If we look at the consolidated turnover there, we reach 7,000 employees, who together will pay in 846 million euros in 2020: 10% more than in 2019 otherwise. This clearly makes Cronos Group the largest IT service group in our country. For comparison: in the same period, Cegeka had a consolidated turnover of 637 million euros (+ 13% compared to 2019), of which about half achieves abroad. NRB – in 25th place in the rankings – would also score significantly higher if we take into account the consolidated revenue. The group will then end up with a turnover of 411 million euros in the financial year 2020: an increase of 19% compared to 2019. The complete ranking, including further rankings and explanations, can be found in the magazine Trends Top ICT 2022, which you receive free of charge as a attachment to Data News 03/2022. You can also read the magazine via MijnMagazine’s apps and website.

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