Accounting obligations

Last modified:

Thursday 31 October 2019

Not all companies are covered by the same accounting regime, and so their obligations vary depending on:

  • their legal form,
  • their activity sector,
  • their turnover,
  • their final balance,
  • the number of people employed.

There are four main company categories:

  • sole proprietorship, which can make use of simplified accounting.

  • micro-companies, which can prepare simplified annual accounts according to a micro-scheme specially designed for them.

  • small companies, which must provide comprehensive double accounting and can opt for a simplified scheme.

  • large companies, which must provide their annual accounts according to a comprehensive scheme. 

Non-profit organisations and associations also need to respect some accounting requirements.
 

Let's stay in touch

Join more than 25,000 subscribers and receive every fortnight in your mailbox our free newsletter (French or Dutch), packed with the latest news, fascinating testimonials, actionable advice and an overview of useful workshops and networking activities for entrepreneurs in Brussels !