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Report 22 Jul 2026

Econocom - Vendor Profile - Belgium

PAC’s vendor profile of Econocom (Belgium) presents an overview of the company’s background, portfolio, and performance. It explores the group’s positioning in Belgium, its strategic focus on Technology Management & Financing (TMF), Sustainability, and its role in supporting digital transformation for major private and public sector clients.

Key findings:

  • Econocom is a leading digital asset player in Belgium, with strengths in infrastructure and flexible financing capabilities for digital transformation projects.
  • The company operates through three business units: Products & Solutions (P&S), Services, and Technology Management & Financing (TMF).
  • TMF revenue in Belgium rose 51.3% to €97.9m in 2025 (from a restated €64.7m), and a major government contract (EUR125m Brussels-Capital Region) has significantly support local revenue growth (11.8%).
  • Recent investments include the launch of the Green & Energy business in Benelux, supporting clients’ energy transition and sustainability goals.
  • Expansion of cybersecurity capabilities through the acquisition of BlueVoyant’s portfolio and the launch of the Gather brand for audiovisual, unified communications, and IT services.
  • Key clients span banking, insurance, manufacturing, public sector, and transport, including Belfius Bank, BNP Paribas Fortis, Deltrian International, and Brussels-Capital Region.
  • Differentiation comes from end-to-end digital business solutions and financing-enabled IT bundles for the mid-market.
  • Challenges remain in business consulting and application integration, where the group is less present, potentially limiting large-scale transformation project wins.

 

Recommended advisory: PAC Leadership Session – Green IT & Sustainable Infrastructure

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Sidney Siegertsz

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