Micro, small, medium or large: how to determine the size of your enterprise?

Look at the different financial incentives offered by the Brussels-Capital Region and you will see that their amounts may vary according to the size of your company. In order to determine it, you need to take three factors into account:

  • The staff, or the number of full time equivalent jobs (FTJ);
  • The turnover or the balance sheet total;
  • Possible links with other firms or companies.
Type of enterprise* Staff (FTJ) Turnover** balance sheet total**
Micro-sized enterprise  < 10  ≤ €2 millions  ≤ €2 millions
Small-sized enterprise  < 50  ≤ €10 millions  ≤ €10 millions
Medium-sized enterprise  < 250  ≤ €50 millions  ≤ €43 millions
Large-sized enterprise  ≥ 250  > €50 millions  > €43 millions

* To pass from one type to another, one of those thresholds must be exceeded during at least to subsequent accounting periods.
** The enterprise is free to conform either to the turnover threshold or to the balance sheet threshold.
 

Attention : If your enterprise is part of a group, even partially (25% or more), the group will be taken into account to determine the real size of the enterprise. It will be the same if your enterprise owns shares or voting right in another company.
Therefore, three types of enterprises can be distinguished:

Autonomous enterprise

Your enterprise is considered to be autonomous if:
  • It is completely independent i.e. it does not have a holding in another enterprise and another enterprise does not have a holding in your enterprise;
  • It does not have a holding of 25% or more of the capital or of the voting rights in another company (the highest of these two factors) and/or another company does not have a holding of 25% or more of the capital or of the voting rights in your enterprises (the highest of these two factors)
If you are an autonomous enterprise, you are neither a partner enterprise nor a linked enterprise.

Partner enterprise

This is a kind of situation in which enterprises establish major financial partnerships with other enterprises. None of the enterprises concerned exercise effective direct or indirect control over the other. Partner enterprises are neither autonomous enterprises nor linked enterprises.

Your enterprises is considered to be a partner enterprise if:
  • You have a holding of at least 25% or more of the capital or of the voting rights in another company and/or another company has a holding of  at least 25% or more of your enterprise's capital and righting votes;
  • You are not linked to another company, in other words, your do not hold more than 50% of the voting rights in another company (and vice versa).

Linked enterprise

This is a kind of situation in which enterprises form a group through the direct or indirect control of the majority of a company's capital or voting rights or through the ability to exercise a dominant influence on an enterprise. These cases are therefore less common than the others.
 

Two enterprises or more are considered to be linked when :

  • An enterprise holds the majority of the voting rights of another enterprise's shareholders or partners;
  • An enterprise has the right to appoint or remove the majority of the members of another company's administration, management or supervisory body;
  • An enterprise have the right to exercise a dominant influence over another enterprise pursuant to a contract entered into with that enterprise or to a provision in its memorandum or articles of association;
  • An enterprise is, in virtue of an agreement, capable of controlling by itself the majority of the voting rights of another enterprise' shareholders or partners.
A subsidiary is the perfect example of a linked enterprise.

Contact Contact

Brussels Economy and Employment
Direction des Aides aux entreprises
Bd du Jardin Botanique, 20
1035 Brussels

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T 02 800 34 04 ou -28