In 2026, the M&A market is set to rebound. In this edition of our annual Belgian M&A Predictions, we look at how stabilising interest rates, strong investor appetite, and a strategic focus on innovation and transformation will impact M&A activity.
Explore the key trends that may influence mergers and acquisitions in Belgium this year in Deloitte Belgium’s M&A Predictions 2026 report.
We predict that M&A activity in Belgium will gain renewed momentum in 2026 as headwinds continue to ease.
With a focus on portfolio optimisation, digital transformation, and sustainability, companies are moving beyond opportunistic deal-making to embrace integrated strategies that skillfully combine acquisitions, divestitures, and partnerships.
Technology-driven sectors are set for a breakout year as companies chase disruptive tech such as AI and cybersecurity. There is a sense of cautious optimism in the consumer industry and financial services, while the resilience of real estate is being tested. Energy, healthcare, and industrials are undergoing structural realignments to sharpen their focus and enhance competitive advantage.
The outlook for 2026 is positive overall, yet any shifts in the geopolitical landscape, amongst other, could of course significantly impact M&A activity, positively or negatively.
The trends influencing M&A activity