The Finance Shelf

Private Equity, Venture Capital at Work in Belgium (Invest Europe)

ReportInvest EuropeJanuary 20242 pages3 min readOriginal source
Key number
220,568 employees
PE & VC backed workforce in Belgium p.1
Largest segment
Growth stage 97,807 jobs
Largest stage by employment p.1
What changed
+12.9% %
PE & VC portfolio job growth (2021-22) p.2

Summary

  • Private equity and venture capital backed companies accounted for 4% of Belgium's total 4.9 million workforce.p.1
  • A total of 1,067 companies in Belgium were backed by PE and VC in 2022, including 818 SMEs employing 29,638 people.p.1
  • Net job creation in PE and VC-backed Belgian companies reached +10,350 jobs in 2022.p.2
  • PE and VC portfolio companies achieved job growth of +12.9% in 2021-22, compared to +2.6% growth across Belgian companies overall.p.2
  • Private equity and venture capital investments have injected €25.7 billion into Belgian companies since 2007, contributing 0.2% to Belgium's GDP.p.2

Key insights

  1. Private equity and venture capital firms support a total of 10.9 million jobs across European companies.p.1
  2. PE and VC backed SMEs in Belgium achieved a job creation rate of +14.2% in 2022.p.2
  3. Private equity and venture capital investments contributed 0.2% to Belgium's GDP.p.2

Topics and entities

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