ACCOUNTING IN BELGIUM

The Act sets out a scheme for the minimum of preparation of the balance sheet and profit and loss account in Belgium. It must meet the reporting standards for completeness, clarity, materiality, prudence and consistency, and should be able to assess the status of the company "with maximum reliability".
In addition to the general principles of accurate reporting – the International Accounting Standards (IAS) and Generally Accepted Accounting Principles (GAAP) – there are no special rules for the consolidated financial statements.

Our accounting services include the following main activities:

  • Preparation of primary documentation for business transactions
  • Preparation of policy and tax accounting and consulting services
  • Preparation of accounting registers
  • Accounting in Belgium of all registers
  • Accounting of fixed assets
  • The recording of low-value inventory
  • Banking support
  • Cash transactions
  • Payroll and tax charges
  • Travel services form sheets
  • Calculation of all taxes, tax accounting
  • Preparation of financial statements (calculations, returns)
  • Storage of accounting documents in the archives of the company
  • Advice and support to you on all matters of accounting and tax
  • Client reporting – delivery and presentation of your interests in tax authorities and other organisations
  • Compilation and submission of annual reports
  • Provision of territory for tax audits, and for tax office reception staff
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