Press releases

50 fastest growing Belgian technology companies and 10 Rising Star finalists announced  

Deloitte unveils top players in the Belgian start-up and scaleup world with the Technology Fast 50 nominees and Rising Star finalists.

Brussels, 29 October 2020 – Deloitte Belgium released today its Technology Fast 50, the list of the 50 fastest-growing technology companies in Belgium. Deloitte also named the 10 finalists for its Rising Star competition, recognising promising companies that have been active in the technology sector for less than four years. The Technology Fast 50 award goes to the fastest growing technology company in Belgium in terms of its percentage of growth in turnover over the past four years. Deloitte will announce the winner on 26 November 2020.

Keynote speaker Rich Diviney - Retired Navy SEAL / Author and Speaker on Leadership and Optimal Performance, will share valuable insights during the Fast 50 Business Forum on 26 November into ‘Agility and Flexibility in times of crises’. During the virtual matchmaking, Deloitte will help expand the networks of technology entrepreneurs by bringing together start-ups with Corporates, Family-owned companies, investors, and entrepreneurs. Deloitte aims to stimulate cross-fertilisation and encourage technological innovation in Belgium even more.

“The Technology Fast 50 ranking proves that the Scale-Ups ecosystem in Belgium is in full expansion this year. We see that B2B tech companies in particular are very strong in Belgium and are seizing their opportunity to internationalize.” said Sam Sluismans, Programme Leader Deloitte's Technology Fast 50.

Additional award categories

In addition to the award for fastest growth, one of the 2020 Fast 50 contestants that made a continuous growth over the past years will receive an award for Most Sustainable Growth.

In addition, one winner of each of the below categories will also be awarded.

  1. Biotechnology/Pharmaceutical
  2. Energy tech
  3. Communications/Networking
  4. Digital content/Media/Entertainment
  5. Electronic devices/Hardware/Semiconductor
  6. Medical devices
  7. Software
  8. Fintech

Rising Star and Most Disruptive Innovator nominees  

Companies that have been active in the technology sector for less than four years are featured in the Rising Star category. On 13 October 71 Rising Star applicants made a first pitch in front of a jury of Deloitte industry experts. These 10 companies made it to the finals and are invited for a final pitch on 26 November:

  • TechWolf, Andreas De Neve, Jeroen Van Hautte & Mikaël Wornoo  – Gentbrugge
  • ThreeFold TechKristof de Spiegeleer – Lochristi
  • ValCUN, Jonas Galle – Oostakker
  • WeGroupArvid De Coster – Ghent

For more information, please go to

Rising Star jury

The Rising Star panel is chaired by Duco Sickinghe, CEO Fortino Capital. The jury includes distinguished members from the business community:

  • Omar Mohout - ‎Professor in Entrepreneurship at the Antwerp Management School
  • Veroniek Collewaert - Professor in Entrepreneurship at the Vlerick Business School
  • François Moonen, CEO Elysia
  • Heidi Rakels, Founder of Guardsquare

Duco Sickinghe, CEO Fortino Capital: “The most successful start-ups have been able to get their product-market fit right. A well-thought product, a carefully selected customer segment will ensure a quick adoption and therefore significantly lower capital requirements. Growth is good, growth with efficient use of capital is better!”

The Most Disruptive Innovator award is presented to the Rising Star nominee that has developed the most revolutionary concept or product within a specific technology segment.

Deloitte Technology Fast 50

The 2020 Belgian Deloitte Technology Fast 50 competition is organised in cooperation with Fortino Capital, Vlerick Business School and Euronext.

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