LAW SUPPORT

Bookkeeping Services in Belgium

Professional bookkeeping for international businesses in Belgium — daily transaction recording, VAT returns, bank reconciliation, and Belgian GAAP compliance. Fully in English.

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Bookkeeping and accounting records for Belgian company

Every Belgian company is legally required to maintain proper accounting records. As part of our accounting services in Belgium, LawSupport provides comprehensive bookkeeping for international businesses — from daily transaction recording to quarterly VAT filings. Our English-speaking team handles the complexities of Belgian GAAP so you can focus on running your business.

Our Bookkeeping Services

  • Daily transaction recording — purchases, sales invoices, bank movements, expense receipts
  • General ledger maintenance — chart of accounts per Belgian minimum account plan (MAR/PCM)
  • VAT returns — quarterly or monthly filing via Intervat
  • Bank reconciliation — matching bank statements with accounting records
  • Accounts receivable & payable — tracking outstanding invoices and supplier payments
  • Payroll integration — recording salary costs from payroll processing
  • Financial reporting — monthly/quarterly management reports in English
  • Year-end preparation — preparing trial balance for annual accounts filing

Why International Companies Need Belgian Bookkeeping

Belgian accounting has specific requirements that differ from many other countries:

  • Belgian GAAP (BE GAAP) — the default accounting standard for non-listed Belgian companies, governed by the Royal Decree of 30 January 2001
  • Minimum Account Plan — Belgium uses a mandatory chart of accounts (MAR/PCM) that all companies must follow
  • Language requirements — official filings must be in French or Dutch (depending on registered office region)
  • VAT complexity — three rates (21%, 12%, 6%), intra-community rules, reverse charge mechanisms
  • Digital filing — VAT returns via Intervat, annual accounts via the National Bank of Belgium
  • Document retention — accounting records must be kept for 7 years

Bookkeeping Costs

Company SizeMonthly TransactionsEstimated Monthly Cost
Small BV/SRLUp to 50€200 – €400
Medium BV/SRL50 – 200€400 – €800
Larger company200+€800 – €1,500+

Prices include daily bookkeeping, quarterly VAT returns, and basic financial reporting. Corporate tax return preparation and annual accounts filing are typically charged separately. See our pricing page for service packages.

How It Works

  1. Onboarding — we set up your chart of accounts, connect to your bank feed, and configure accounting software
  2. Monthly processing — you upload invoices and receipts (or we collect via email/app); we record and categorise all transactions
  3. VAT filing — we prepare and submit your quarterly (or monthly) VAT return via Intervat by the 20th of the month following the period
  4. Reporting — you receive monthly or quarterly management reports in English (profit & loss, balance sheet, cash position)
  5. Year-end — we prepare the trial balance and closing entries for annual accounts

Belgian Accounting Obligations

All Belgian companies must comply with these bookkeeping obligations:

ObligationFrequencyDeadline
VAT returnsQuarterly / monthly20th of following month
Intra-community listingQuarterly20th of following month
Annual client listingAnnual31 March
Annual accounts (NBB)AnnualWithin 7 months of year-end
Corporate tax returnAnnualTypically September (deadline varies)
Document retention7 years minimum

For comprehensive tax advisory, see our tax consulting services. For understanding Belgian corporate tax rates, visit our corporate tax rate guide.

Thomas Claes — Senior Legal Advisor at LawSupport

Thomas Claes

Senior Legal Advisor — Tax & Accounting

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Frequently Asked Questions

Belgian bookkeeping includes recording all financial transactions (purchases, sales, bank movements), maintaining the general ledger, preparing periodic VAT returns (quarterly or monthly via Intervat), reconciling bank accounts, managing accounts receivable/payable, and producing trial balances and financial statements.
Costs depend on company size and transaction volume. For a small BV/SRL with limited transactions, expect €200–€500/month. Medium-sized companies typically pay €500–€1,200/month. This usually covers daily bookkeeping, quarterly VAT returns, and basic financial reporting.
Yes. All Belgian companies (BV/SRL, NV/SA) are legally required to maintain proper accounting records. Companies must follow Belgian GAAP (or IFRS for listed companies), file annual accounts with the National Bank of Belgium, and submit periodic VAT returns to the SPF Finances.
Legally, company directors can handle bookkeeping themselves. However, given the complexity of Belgian tax law, VAT regulations, and filing requirements, most companies engage a professional bookkeeper or accountant. Only licensed professionals (ITAA members) can sign and file annual accounts.
Common Belgian accounting software includes Exact Online, Yuki, Octopus, Billit, and Winbooks. International options like Xero and QuickBooks are used but may require Belgian-specific modules for VAT compliance and structured reporting to the National Bank.
ITAA (Institute for Tax Advisors and Accountants) is the professional body regulating accountants, tax advisors, and bookkeepers in Belgium. Only ITAA-registered professionals can legally sign annual accounts and represent clients before tax authorities.
Most Belgian companies file VAT returns quarterly (deadline: 20th of the month following the quarter). Companies with annual turnover exceeding €2.5 million must file monthly. All filings are electronic via the Intervat platform.
Not legally required, but highly recommended for international businesses. Belgian accounting reports must be filed in French or Dutch (depending on the registered office region), but internal communication and reporting can be in English. LawSupport provides fully English-language bookkeeping services.

Professional Bookkeeping for Your Belgian Company

English-speaking team, Belgian compliance, transparent pricing. Let us handle your books.

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