KPMG in Belgium grows 5,6% in Financial Year 2025

Brussels, December 2025 - KPMG in Belgium achieved 5.6% growth in FY25, reaching €319 million in gross revenue. In a market with limited overall growth, we are proud to be the fastest-growing Big Four firm in Belgium for the fifth consecutive year. This milestone reflects our strategic focus, our investments in technological innovation, and our unwavering commitment to put clients at the center of our work. In FY25, we invested €8,5 million locally in technology, AI and platforms that enable us to serve clients better – an approach that clearly contributes to our continued outperformance, even as we navigate significant transformations in the market and pressure on certain services. At the same time, technology does not replace people, and we remain committed to investing in our workforce to drive sustainable growth and innovation.

Harry Van Donink, CEO of KPMG in Belgium: "Our growth in FY25 is a testament to the commitment of our people and the trust our clients place in us, and proof that our investments in technology are paying off. The year presented its own set of challenges, but our commitment to working #Together #ForBetter helped us to continue delivering quality, innovation, and impact for our clients. Looking ahead, I am confident that our dedicated people will keep providing our clients with the excellence and added value we are known for in FY26.”

FY25 was marked by steady performance across our multi-disciplinary organization, with growth in every service line. Tax, Legal & Accountancy (TLA) saw a revenue increase of 6.2%, reaching €109 million. Audit grew by 8.4%, reaching €106 million in gross revenue.

Despite a highly challenging market environment characterized by delayed investments, geopolitical uncertainty, and other headwinds, Advisory delivered a 2.3% increase to €104 million, driven by strong performance across our core services, including Deal Advisory, Risk Advisory, and regulatory compliance.

In this challenging and volatile economic environment, we successfully guided organizations through complex sustainability and transformation journeys, helped them navigate evolving tax regulations on national and international levels, and strengthened trust in the market. Growth was also supported by onboarding of key national accounts, first-wave CSRD engagements and voluntary ESG assurance engagements; our technology-enabled solutions and our strong network of alliance partners.

Our success is a result of the skill, talent and resilience of our people. In FY25, KPMG in Belgium grew to 2033 colleagues, welcoming 421 new joiners, including both young graduates and experienced professionals. 

Gender balance continued to be a priority in FY25, with women representing 46.5% of our workforce. As part of our commitment to increasing their representation in leadership functions, we organized three editions of our Female Leadership Program, supporting 66 participants on the path toward achieving our new ambitious target of 35% female representation at leadership level by 2030.

Career development remained a strong focus in general. In FY25, 427 colleagues earned well-deserved promotions across the firm. More than half of these promotions were to manager, senior manager, and director positions, all supported by targeted training to help them transition smoothly into their new roles.

We are proud to have been recognized as a Top Employer for the 19th consecutive year, reflecting our ongoing investment in creating an inclusive and supportive workplace.