Commissie voor Boekhoudkundige Normen Archives

What, exactly, are net assets?

What, exactly, are net assets? ‘Alarm bell’ procedures in critical situations Christèle Parmentier, Partner BDO Accountancy A company’s board of directors is responsible for its financial situation. Among other things, this means that, should there be a critical decrease in the company’s net assets, the board must follow an ‘alarm bell’ procedure. But what, exactly, is meant by net assets? The Belgian Accounting Standards Commission (CNC-CBN) provides clarity in its opinion. In the event [...]

Waiving commercial rent

Waiving commercial rent After fiscal clarity, now also accounting clarity Dirk Vandendaele, Partner BDO Accountancy The COVID-19 pandemic forced many companies to close their doors partially or completely. Liquidity problems and difficulties in paying the commercial rent soon followed. The temporary waiving of the rent brought some relief. In a recent opinion, the Belgian Accounting Standards Commission (CBN) explains how you can process the waiving in your accounts. Waiving is not [...]