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1. 822 firms are the driving force behind Belgian job creation

   A group of 822 high-growth firms accounts for one in three jobs created by private companies with a minimum of ten employees. These high-growth firms represent just 3.5% of Belgian businesses with a minimum of ten employees. A small minority of 3.5% of Belgian businesses with a minimum of ten employees is responsible for the creation of 45,947 jobs. This amounts to 67% of the total net number of jobs created by business with a minimum of ten employees in the period from 2014 to 2017. This is apparent from the results of the annual Belgian High-Growth Monitor.

2. Young Belgian scale-ups consider the world their playground

   Young Belgian companies with ambitions to grow set the bar for growth higher and higher. These scale-ups do not shy away from taking the step to sell aboard, where they generate nearly 30 percent of their total turnover. They are growing smart and are doing so primarily through less risk and hybrid ways for growth, such as licences and strategic alliances. Finally, the average salary that the founders pay themselves has remained constant in the last three years. These are the most significant conclusions of the third edition of the Rising Star Monitor. This annual survey by the Vlerick Business School and Deloitte Belgium provides insight into the trends and challenges for young Belgian companies with growth potential.