Accounting8 min read
Non-deductible VAT in Belgium: the expenses concerned
Non-deductible VAT in Belgium: the expenses concerned (restaurants, entertainment, cars), the article 45 rule and how to handle it in your return.
Category
Accounting
Accounting8 min read
Purchase and sales journals in Belgium
The purchase and sales journals explained: what the inbound and outbound invoice registers are for, what they must contain and how they feed your VAT return.
Accounting9 min read
Provisions for liabilities and charges in a Belgian SME
Provisions for liabilities and charges in Belgium: definition, when to book one, recording in class 16 and the tax exemption for your SME.
Accounting8 min read
Depreciation of fixed assets: a Belgian SME guide
Depreciation of fixed assets for a Belgian SME: straight-line and declining-balance methods, what changed since 2020, and how to set the right period.
Accounting10 min read
The general ledger and trial balance explained
The general ledger explained for a Belgian SME: how it relates to the journal and the trial balance, what the law requires, and how to read your accounts.
Accounting10 min read
Balance sheet and income statement of a Belgian SME
Balance sheet and income statement of a Belgian SME explained: assets and liabilities, annual accounts and filing with the Central Balance Sheet Office.
Accounting8 min read
The VAT franchise scheme in Belgium: threshold and duties
The Belgian VAT franchise scheme explained: the €25,000 threshold, conditions, the duties that remain, and what it changes for a small business's invoicing.
Accounting9 min read
The deposit invoice in Belgium: rules and VAT
The deposit invoice in Belgium explained: when to issue it, how VAT on an advance payment works, the mandatory details and the final settlement.
Accounting8 min read
Periodic VAT return in Belgium: deadlines and filing
The periodic VAT return in Belgium explained: monthly and quarterly regimes, filing deadlines through Intervat, payment, and the VAT chain reform.
Accounting8 min read
Archiving electronic invoices in Belgium
Archiving electronic invoices: which format to keep, the seven-year legal retention period and the conditions that give your invoices evidential value.
Accounting7 min read
B2B payment terms in Belgium: what the law says
B2B payment terms in Belgium: what the law of 2 August 2002 requires, the 60-day cap, the 30-day default term and what a late payment costs the debtor.
Accounting8 min read
Bank reconciliation: automating payment matching
Automated bank reconciliation: how structured communication and the CODA file match your payments to your invoices without manual data entry.
Accounting8 min read
Automating accounting: a guide for Belgian SMEs
Automate SME accounting: what truly automates (Peppol, purchase invoices, bank reconciliation, VAT prep) and what still needs human judgement.
Accounting6 min read
Belgian accounting software: how to choose in 2026
How to choose Belgian accounting software in 2026: Peppol connectivity, EN 16931 compliance, bank reconciliation, VAT handling and support for SMEs.
Accounting8 min read
The PCMN: Belgium's standardised chart of accounts explained
The PCMN, Belgium's standardised chart of accounts: what it is, its account-class structure, who must use it, and how it ties into your bookkeeping obligations.