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Peter Balcaen has a diverse work experience spanning over three decades. Peter has held various leadership roles in different industries. Peter began their career in 1984 as a Credit Analyst at New Holland CE - CNH - Fiat Industrial and later worked as a Credit Advisor for small and medium enterprises at AXA Bank. In 1987, they joined Samko Office Products as a Controller. From 1992 to 1999, they served as the Finance & IT Manager at Ahrend Office Products Belgium. Peter then worked as the General Manager at the same company from 2000 to 2006. In 2006, they joined Oleon as the Administrative Director and later held positions as Plant Director, Operations Director, and Director of Continuous Improvement, HR, ISO & ICT. Their most recent role at Oleon is Director of Human Resources.

Peter Balcaen completed their Master's degree in applied economics from Ghent University between 1979 and 1983. Peter then pursued a program in Financial Management from Vlerick Business School, where they studied from 1983 to 1984.