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Moore Belgium overtakes KPMG in headcount

Private Equity backed Moore Belgium has overtaken KPMG to enter the Big 4 league, crossing 2,200+ employees — powered by its acquisition of DNA33 (Brussels-based consulting firm).

The Finance Story by The Finance Story
Published date: 3rd September, 2025
Last edited date: 12th September, 2025
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  • Moore Belgium, the 11th-largest accounting network globally, just “passed KPMG in headcount”. (Reported by Consulancy.eu)
  • It now has 2,200+ employees after acquiring Brussels-based consulting firm DNA33.
  • FYI: KPMG still earns far more €302Mn vs. Moore’s €216.9Mn

Secret Sauce…

In 2020, Waterland, a growth-focused private equity firm, acquired a 55% majority stake in Moore Belgium.

With Waterland’s capital, Moore went from steady growth to hyperdrive.

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