Startseite Themen Brennpunkt INNOVATIONSPREIS-IT IT-Bestenliste INDUSTRIEPREIS INDUSTRIE-Bestenliste TrafficGenerator



Cegeka grows again with 640 million euro turnover in 2020

European IT group Cegeka has grown for the 17th year in a row.

Cegeka Annual Report 2020 - Resilience
Cegeka Annual Report 2020 - Resilience

München, 07.05.2021 (PresseBox) - European IT group Cegeka has grown for the 17th year in a row. The technology specialist, based in Hasselt, Belgium, is closing the 2020 financial year with a consolidated turnover of 640 million euros, an increase of 14% on the previous year. Despite the pandemic, 2020 was yet another year of continuous growth and innovation for Cegeka. 'COVID-19 presented many new challenges. The entire Cegeka organization, spread across our various branches in all countries, managed to respond quickly and flexibly to these challenges. Once again, I am incredibly proud of the achievements of Cegeka and its employees and customers over the past few months,' André Knaepen, chairman of Cegeka's board of directors, says.

With the publication of Cegeka's year-end figures, it’s a good time to reflect on the past, but also to look forward to the future. 'To say that 2020 was an exceptional year – both on a human and on a business level – is stating the obvious. The impact of the COVID-19 pandemic cannot be underestimated. At Cegeka we had to make adjustments, just like every business. But as a specialist in digital workplaces, we were able to switch to teleworking without any problems and continue to provide our customers with high-quality services,' Stijn Bijnens, CEO of Cegeka, says. 'Cegeka has shown great resilience in these challenging times, and at the same time invested significantly in future technologies,' he emphasises.

Cegeka continues strong annual growth

In 2020, the Cegeka Group’s turnover amounted to 640 million euros – an increase of 14% compared to 2019. Operating profits rose by 31% to 51.1 million euro compared to the previous year. Recurring EBITDA increased to 70.56 million (55.13 million in 2019, up 28%).

'In 2020, we were able to further strengthen the Cegeka Group's financial position despite the pandemic. The foundations for these year-end figures were laid in 2019. Despite challenging circumstances, we nonetheless managed to successfully complete the acquisitions of KPN Consulting, Call2 and Finavista in the Netherlands in 2020, and integrate them into our organization in 2021. Our healthy financial situation was one of the reasons why this was possible. In Belgium, too, we have made considerable investments in innovation. The acquisition of Gridmax and our majority participation in Citymesh, which enables us to become the fourth mobile operator in the country, are proof of that,' Stephan Daems, CFO of Cegeka, says.

Ready for the future with a resilient organization

'Looking back at 2020, we cannot underestimate the enormous impact of COVID-19. The past few months have been particularly challenging for many people and organizations, and Cegeka was no exception. Yet despite the difficult circumstances, our teams have done a fantastic job. I cannot stress enough how proud I am of them,' Stijn Bijnens says.

The pandemic brought the world economy to a standstill, but it has also triggered a digital acceleration. 'In fact, I am convinced that with the right resilience and innovation, we will spark a true renaissance after the pandemic. As an IT company, we are able to reinvent ourselves in these challenging times and help our customers do the same,' Bijnens continues. 'We show resilience by focusing on unburdening our customers in every area of IT: we ensure that they can work anytime, anywhere and from any device – safely and cost-efficiently. Additionally, the strong collaboration between Data, Applications and Infrastructure is a driving force for innovation within our company, to accelerate the digital transformation of our clients,' Stijn Bijnens says.

Technological investments as a foundation for the future

This last year was also characterized by investment. 'Thanks to well targeted technological investments, we were able to build a further foundation for future growth in 2020. For example, our investments in 5G and artificial intelligence are real game changers,' Stijn Bijnens points out. Last year, Cegeka significantly invested in its own IP with regard to digital healthcare and smart mobility. In addition, cybersecurity and the ‘cloud first’ strategy played an important role in Cegeka's investment programme.

‘In close cooperation’ as our philosophy of life

The past few months have taught us that proximity and local entrepreneurship must be nurtured more than ever. At Cegeka, we have always valued our European identity. We are a European IT group headquartered in Hasselt, Belgium, with a second home base in the Netherlands and operations in a dozen other European countries, all driven by local entrepreneurship and leadership. 'We have more than 5,000 employees in the Cegeka family. Everyone is approachable, accessible and ready to assist our customers. This is the idea behind 'in close cooperation'. It's not just a slogan, but a philosophy of life, a modus operandi and a promise to our customers and to everyone we do business with.'

'As a European IT provider of digital ecosystems in many industries – from healthcare to manufacturing, from government to finance, from energy to logistics – we want to continue to serve our customers in 2021 with end-to-end solutions provided by our Business Lines Data Solutions, Applications and Infrastructure,' Stijn Bijnens concludes.

Read full Cegeka annual report 2020 (PDF)


Michelle Bauer
Zuständigkeitsbereich: PR

Über Cegeka Deutschland GmbH:

Cegeka is an ambitious and leading European IT solutions provider. In line with our motto 'In close cooperation' we strive to provide the best possible customer service and support our more than 2,500 customers in their digitization journey. Cegeka offers end-to-end solutions in the fields of Data, Applications and Infrastructure, which are strongly interconnected.

Within the Cegeka organization, Citymesh is our mobile connectivity specialist for the business-to-business market. Nexuzhealth develops tailor-made solutions for the healthcare sector and Cegeka Business Solutions is the European Dynamics house, the go-to partner for Microsoft D365 solutions.

Cegeka has over 5,000 employees with locations in the Benelux, Germany, Austria, Romania, Moldova, Italy, the Czech Republic, Slovakia and Sweden, and a consolidated turnover of 640 million euros.

Cegeka is a European family-owned company. It was founded in 1992 by André Knaepen, who is currently the chairman of the board of directors. Since 2020, CEO Stijn Bijnens has been managing the company from its head office in Hasselt, Belgium.


(34 kB)

Cegeka Annual Report 2020 - Resilience