Schmidt & Schmidt offers financial statements from Belgium in electronic form and their translations into English.
According to law, commercial companies in Belgium must submit annual financial statements. These data are reported in electronic form or in paper (for foreign, European and small-sized enterprises). Depending on the company’s size, revenue, number of employees, legal form and nature of business the law requires different amounts of data to be published (in full form, short form or micro-form).
Reporting of financial statements in Belgium is subject to the Accounting Act and other regulations.
Major companies participating in stock exchange use the IFRS. However, small and medium-sized companies use mostly national accounting standards.
Annual financial statements in Belgium are filed to the Central accounting bureau subordinated to the National bank of Belgium.
Financial statements must be submitted not later than seven months after the end of the financial year. During the first six months, a shareholders’ meeting has to approve the financial statement, which must be filed to the Central accounting bureau within one month afterwards.
Filing of financial statements is mandatory for
- Joint-stock companiest
- Limited liability companies
- Limited liability partnerships
Exempt from filing of full financial statements are:
- Private entrepreneurs
- Limited partnerships founded by physical persons
- Trading partnerships founded by physical persons
- General partnerships founded by physical persons
- Any small-sized unlimited companies
Micro-sized companies:
- Balance sheet
- Number of employees up to 10 persons
- up to 350 000 euro
- Revenue up to 700 000 euro
Small companies:
- Number of employees up to 50 persons
- Assets up to 4.5 million euro
- Revenue up to 9 million euro
Large companies:
- Number of employees over over 50 persons
- Assets over 4.5 million euro
- Revenue over 9 million euro
A full annual statement includes:
- Financial statement
- Management report
- Auditor’s report
- Social balances
- Annexes
A financial statement includes:
- Balance sheet
- Profit and loss report
- Report
- List of executive board members
- Notes
Depending on the region, financial statements can be filed in different languages (Dutch, French or German).
Example of a Belgian financial statement.
Financial statements provide detailed information about a company’s financial state, solvency and performance of an enterprise.
Depending on the size of the enterprise, its financial statement can contain up to several hundred pages.
Financial statements are provided by the Central accounting bureau. You can make requests using a special online service.
Financial statements can provide valuable information about potential business partner which can be used for making decisions like purchasing capital shares or goods or taking legal action to collect debts.
To obtain financial statements of a specific enterprise, its full name and identification number are required.
Financial statements are provided in accordance with Belgian legislation and legal requirements on personal data protection.
On our website, you can make a preliminary request if a certain company’s financial statements are obtainable.
| Service | Price incl. German VAT 19% | Price excl. VAT |
|---|---|---|
| Price for a financial statement from Belgium | from 23,80 € | from 20,00 € |
| Price for the translation of a financial statement from Belgium | from 41,65 € | from 35,00 € |
