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Company Searches International provides Business Report on all businesses registered in Belgium and Financial Reports on all companies required to file.
Full Company Name and Address are normally needed for a search, but if the company name is not common we can try without an address.
Financial Information
- From an in-house library which we can check at the time of order. We have a number of quoted company annual reports in house which may be in English.
- We can apply to a correspondent in Belgium for the full accounts on all companies obliged to file. These will almost certainly come in either French or Flemish but we are able to provide a translation sheet of major accounting terminology.
Business Reports
These are general company profiles based on the most up to date information available at local official registries and other sources. They are always available in English, on a three speed service.
Contents of a Business Report:
- Identity, Legal Status & History
- Legal Form
- Date & Place of Registration
- Trade Register Number
- VAT Number
- NSSO Number
- Ownership & Management
- Nominal Share Capital (but NOT Shareholders as this is not Public Information)
- Management (including Names, Addresses and Interests that Manager may hold in any other Companies)
- Ultimate Holding Co. (IF ANY).
Activities & Operations
- Subject's Activity
- No. of Staff
- Branches (IF ANY)
- Any Real Estate (Owned/Mortgaged)
- Reliability of Payments to suppliers
Financial & Public Record Information
- Turnover/Profit & Loss for last 2 years.
- Extracts from Profit & Loss/Balance Sheet for last 2 years.
- Some Key Financial Ratios.
A Summary & Credit Opinion
- Maximum Credit Figure in Belgian Francs given.
- Any Bankruptcies/Protested Bills
Prinipal Business Types
Societe Anonyme (SA) or Naamloze Vennootschap (NV)
A limited liability company which can be quoted. Must have a capital of at least
1.25m BF fully paid up.
Societe de Privee a Responsabilite Limitee (SPRL) or Personenvennootschap
met beperkte aansprakeljkheid (PVBA)
A private limited liability company which must have a minimum share capital of
750,000 BF of which one third must be paid up.
Societe en Commandite par Actions (SCA) or Commanditaire Vennootschap
op Aandelen (CVA)
A limited partnership with a share capital.
Societe en Commandite Simple (SCS) or Genore commanditaine vennootschap
(GVC)
A limited partnership without a share capital.
Societe en Non Collectif (SNC) or Vennootschap onder Fisir
An unlimited partnership.
Societe Cooperative (SC) or Coopertieve Venootschap (CV)
A cooperative society.
Societe Privee a Responsabilite Limitee Unipersonnelle (SPRLU)
A single person limited liability business.
Company Accounts Filing Requirements
Companies register at local Commercial Court (Tribunal de Commerce or Tribunal Civil) but copies of documents are forwarded to a central archive, Centrale des Bilans of the Banque Nationale de Belgique.
All limited companies must deposit a copy of their annual financial statements with the appropriate Tribunal: they include
- Directors' Report
- Balance Sheet
- Profit & Loss Account
- Notes on accounting policies etc.
SA, NV, SPRL and PVBA companies all file accounts.
FILING EXEMPTIONS
Companies that have less than 100 employees and that are not exceeding more than one of the following criteria may file abridged accounts:-
- Balance sheet totals under Bfr 70 million
- Annual turnover (excluding VAT) under Bfr 145 million
- Employing no more than 50 people on average during year
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