Financial plan

Before establishing your company, you need to draw up a financial plan covering the activities you want to carry out. The plan will provide a detailed overview of financial resources and requirements that need to be fulfilled in the first two years of activity of the company and will enable you to adhere to the financial commitments you have made.

If you are setting up a société privée à responsabilité limitée (SPRL) / besloten vennootschap met beperkte aansprakelijkheid (BVBA) (private limited liability company) or a société anonyme (SA) / naamloze vennootschap (NV) (public limited company), the financial plan that has been drawn up must be lodged with a notary.

No legal obligations exist regarding the content of the plan but it must enable forecasts to be made for the initial years of activity (see example below).

The approved one-stop shops for businessesExternal link(French-Dutch)can, where appropriate, help you to prepare this plan.

For more detailed information, go to the website of the FPS Economy, SMEs, Self-employed and EnergyExternal link(French-Dutch).


Example of the content of a financial plan


  1. General information about the company
  2. Investments to be made
  3. Personnel to be hired
  4. Loans to be negotiated
  5. Income (forecasts)
  6. Fixed costs
  7. Variable costs, i.e. costs associated with specific activities


  • Forecasts regarding operating statements (generally for the first two or three years)
  • Forecasts for the balance sheet
  • Cash flow statement
  • Cash flow forecast for the first year of activity