Major findings from SME Compass 2009Deloitte Belgium Insights podcast |
Deloitte Belgium Insights podcast
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The four first months of the crisis have already had a significant impact of the financial situation of Belgian SMEs. This edition of the Deloitte Fiduciaire podcast is about the major findings from our SME Compass 2009.
Highlights
After 4 months of the financial crisis in 2008, Belgian SMEs were already feeling the pinch:
- 6 SMEs out of 10 lost turnover in real terms in 2008
- 1 SME in 2 experienced a fall in its operating and financial returns during 2008
- SMEs recorded a 20% loss of value, even though they stood up to the downturn better than the companies listed on the BEL20
Author
Nikolaas Tahon, Managing Partner Deloitte Fiduciaire