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:
- 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)
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).
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.