CFO Survey Q1-2010
Financial repair, economic uncertainty
The 2010 first quarter edition of the Deloitte Belgium CFO survey was conducted from March 15 until April 13 2010. The survey was closed prior to the escalation of the Euro crisis linked to the potential liquidity problems of countries such as Greece, Portugal or Spain – and the European response to this crisis on May 9.
The first 2010 quarter CFO survey suggests that Belgian CFOs remain cautious about the economic recovery. The majority of CFOs anticipate a sluggish recovery and do not expect demand for their products and services to accelerate until 2011.
Expectations on the timing of the accelerated demand for products and services have been pushed back towards 2011
In this edition
General information
Participating CFOs
The 2010 first-quarter survey took place between 15 March and 10 April 2010. A total of 48 CFOs completed our survey, 70% of the participating CFOs represent a listed company. The rest were CFOs of private companies. The participating CFOs are active in a variety of industries. 41% of participating companies has a turnover of over 1 billion, 36% of between 100 million and 1 billion and 23% of less than 100 million.
We would like to thank all participating CFOs for their efforts in completing our survey. We hope the report makes an interesting read, clearly highlighting the challenges facing CFOs, and providing an important benchmark to understand how your organization rates among peers.
Going forward
The value of the survey data increases with the ability to identify trends and possible turning points. We are looking forward to the 2010 second quarter Deloitte Belgian CFO survey. This next edition will be conducted in the second half of July.
Participate in future surveys
If you would like to join our survey panel we kindly invite you to contact us and apply for participation.
Contact
Thierry Van Schoubroeck
Deloitte CFO Services, Partner
tvanschoubroeck@deloitte.com
Tel. + 32 2 749 56 04
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