The Belgian law of 18 December 2015 and the Royal Decree of 18 December 2015 implement Directive 2013/34/EU of the European Parliament and of the Council dated 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (the « Law »).
The Law amends the size criteria applicable to companies and introduces a new category of companies, namely the « micro-companies ».
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Axel Maeterlinck
