Capyx

What Capyx does

Capyx SA is a Belgian IT consulting firm headquartered in Schaerbeek (Brussels) that provides senior technology professionals to large enterprises, with an outsized concentration in banking and insurance. Founded in 2013 by Carmelo Bardarè and Pieter Ysenbrandt (originally as GCT Consulting, rebranded to Capyx in 2019), the company started by maintaining and integrating legacy systems — primarily COBOL, mainframe, JCL, and DB2 environments — into modern IT landscapes, and has since expanded into Java/J2EE/Spring, .NET, Python, and data engineering stacks (Hadoop, Spark, Kafka, Hive).

The current portfolio is organized around four service pillars: IT modernization (legacy maintenance and integration into modern landscapes), Cybersecurity Services 360° (prevention through recovery), AI and Data (data governance, data cartography, and end-to-end AI project delivery), and end-to-end IT services (procurement, partner management, software asset management, architecture, project management, and IT staffing). Capyx also resells the Cybeats SBOM Studio platform in Belgium and Luxembourg, integrating it with Jenkins, GitHub, and Jira to support NIS2, CRA, and DORA compliance.

Capyx generates revenue through project-based consulting engagements billed on multi-year contracts; pricing is bespoke and not publicly disclosed. Go-to-market is enterprise field sales, anchored by named clients including BNP Paribas Fortis, Belfius, KBC, AG Insurance, Baloise, Delhaize, Atlas Copco, Arcelor Mittal, Volvo, Honda, Mazda, and UCB. The company operates from Brussels and Ghent, opened a Luxembourg office in 2025, and acquired ASIST, an IBM mainframe specialist, in January 2025. It is a privately held SA with no disclosed external investors.

Name

Capyx

Legal name

Capyx SA

Website

https://capyx.be

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Capyx is a Belgian IT consulting firm, founded in 2013 in Brussels, providing senior consultants for legacy system modernization, cybersecurity, AI/data, and end-to-end IT services to large enterprises, primarily in Belgian banking and insurance.

Ownership category

akta.pro rank

Product category

IT Consulting Services

NAICS

Management Consulting Services (54161), Software Publishers (513210)

SIC

Services-Management Consulting Services (8742), Services-Prepackaged Software (7372)

akta.pro primary industry

Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)

akta.pro secondary industries

Privacy Management (Consent, DSAR, RoPA) (HDADAFAH), Records & Information Management (RIM) / Records Management (HDAEAGAC), iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)

Keywords

• IT consulting services
• Legacy system modernization
• Cybersecurity services
• IT staffing solutions
• Data governance consulting

Headquarters

HQ city

Schaerbeek

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Consulting Services: Providing skilled IT consultants for client projects. Consultants work onsite with clients in Belgium, integrating seamlessly and bringing expertise in areas including Java, Python, Mainframe, and cybersecurity. Revenue generated through consultant staffing engagements.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Capyx is an IT consulting firm that supplies senior IT consultants to enterprise clients for legacy system maintenance and modernization, IT procurement and partner management, cybersecurity, AI/data, and end-to-end IT project delivery. Revenue is generated through project-based consulting engagements where consultants work onsite at client sites, primarily in Belgium (and expanding to Luxembourg), with an additional resale stream for Cybeats SBOM Studio software.

Product overview

Capyx is an IT services company (founded 2013, Brussels) offering a comprehensive portfolio of consulting and implementation services organized around four strategic pillars: IT Modernization (maintaining and integrating legacy systems into modern IT landscapes), Cybersecurity Services 360° (end-to-end threat protection), AI and Data-driven solutions, and E2E IT Services (covering procurement, partner management, architecture, project management, data governance, and staffing). The company provides and implements the Cybeats SBOM Studio product for software supply chain security and vulnerability management. Capyx operates as a service-led organization rather than a software product company, with notable recent expansion into AI & Cybersecurity (July 2024) and European market growth including a Luxembourg office opening in 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Modernization Services (Building Future-Proof IT Systems) Consulting and implementation services that maintain, integrate, and modernize legacy COBOL and mainframe systems into modern IT landscapes, supporting business evolution and digitalization without costly replacement.
• Cybersecurity Services 360° End-to-end cybersecurity consulting covering prevention, detection, response, and recovery to protect organizational digital assets, including regulatory compliance support (NIS2, DORA, CRA, GDPR).
• AI Projects End-to-end AI project implementation covering problem definition, data collection, model deployment, integration, monitoring, ethical considerations, and continuous iteration aligned with business objectives.
• Data Governance Services Data management consulting building data cartography, identifying golden sources, ensuring diffusion mechanisms, and creating governance rules for data coherence and GDPR compliance.
• IT Staffing (People) Supply of skilled IT professionals across Java, Python, Mainframe, and cybersecurity domains who integrate onsite with client teams to support business needs.
• End-to-End IT Services Comprehensive IT services covering financial risk management through IT procurement, partner management, software asset management, and supply of data and security experts to control software, consulting, and hardware investment costs.
• Architecture Services Solution architecture design services that account for the existing IT landscape and draft appropriate target architecture based on the most suitable technology choices.
• Project Management Services Implementation project management using agile frameworks to ensure efficient team coordination and maximum value delivery to clients.
• Implementation & Rollout New solution building with latest technologies and existing systems development using skilled consultants to reinforce implementation teams.
• Product Management (Product Owner) New product definition based on requirements and related regulations, focused on delivering highest customer value.
• SBOM Studio (Cybeats reseller) Enterprise-class Software Bill of Materials management solution, resold in Belgium and Luxembourg through Capyx's Cybeats VAR partnership, enabling vulnerability lifecycle management and compliance with NIS2, EU Cyber Resilience Act (CRA), and DORA.
• Regulatory Compliance Services (GDPR, NIS2, DORA, CRA, AI Act, HIPAA, PCI DSS) Consulting services helping organizations meet regulatory requirements including GDPR, NIS2, DORA, CRA, HIPAA, and PCI DSS, including security by design, zero trust frameworks, automated compliance tools, and continuous monitoring.

Named customers17 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature4 records

Partnerships

One partnership is on record.

• Cybeats Technologies Corp.coreChannel Partner/ Reseller/ Distributor · 30 September 2024Commercial reseller agreement announced September 30, 2024. Capyx acts as a value-added reseller offering Cybeats' SBOM Studio and end-to-end vulnerability management services to software product producers and consumers across Belgium and Luxembourg. Partnership helps organizations meet compliance requirements of NIS2, EU Cyber Resilience Act (CRA), and Digital Operational Resilience Act (DORA) with focus on securing software supply chains. Cybeats provides software supply chain security technology while Capyx provides local market expertise and implementation. Joint events include Cybeats x Capyx: SBOM Summit Belgium 2024 held during Cybersecurity Awareness Month October 2024.

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Accenture: Largest global SI with a substantial Belgian operation covering the same financial-services and industrial client base. Competes for the larger enterprise mandates Capyx also targets.
• Sopra Steria: Major European IT services group with a strong Belgian and Luxembourg presence and a dedicated financial-services practice — comparable IT modernization and cybersecurity portfolio but at much greater scale.
• Capgemini: Global systems integrator with a large Belgian practice serving banking, insurance and industrial clients. Overlaps with Capyx across legacy modernization, data governance and cybersecurity, but at vastly greater scale.
• Eviden (Atos): European IT services and cybersecurity provider (Atos group) with deep Belgian roots and mainframe/legacy capabilities — historically one of Capyx's main competitors in the Belgian financial-sector modernization market.
• Tobania (Deloitte Digital Belgium): Belgian IT consultancy (now part of Deloitte Digital Belgium) with comparable multi-vertical enterprise B2B consulting model and similar client base in Belgian banking, insurance and public sector.

Direct peers

• Devoteam: European mid-sized IT consulting and digital transformation firm with strong presence in Belgium/Luxembourg and deep financial-sector client base. Closely comparable in size and service mix (cloud, cybersecurity, data, legacy modernization).
• Delaware Consulting: Belgian enterprise IT consulting firm of similar size (~1,500 staff) serving large industrials and financial-services clients with ERP, analytics and application services — directly comparable in client base and project-based model.
• Realdolmen (Kyndryl): Long-standing Belgian IT consultancy (now part of Kyndryl) specializing in workplace, cloud and application services for large Belgian enterprises. Same geographic and vertical footprint as Capyx.
• Akkodis (formerly AKKA Technologies): European engineering and digital services firm with significant Belgian operations serving enterprise clients across banking, manufacturing and automotive — directly comparable to Capyx's B2B IT consulting and staff-augmentation model.
• Cronos Group: Belgian IT consultancy holding company with multiple specialized units serving enterprise and public-sector clients — comparable Belgian-headquartered consulting scale and B2B project model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/capyx-be
• Facebookfacebook.com/capyxgroup

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capyx