Belgian GAAP definition

Belgian GAAP means the general accepted accounting principles, standards and practices in Belgium, including IFRS. All calculations under this Section 13.10 shall be made without double counting.

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Belgian GAAP means Belgian Generally Accepted Accounting Principles.

Belgian GAAP as defined in Section 2.7.1.

Examples of Belgian GAAP in a sentence

• At the ordinary shareholders' meeting, the Board of Directors submits the audited statutory financial statements under Belgian GAAP, the audited consolidated financial statements under IFRS, as adopted by the European Union, and the reports of the Board of Directors and of the auditor with respect thereto to the shareholders.

• If, as a result of losses incurred, the ratio of the Company's net assets (determined in accordance with Belgian GAAP) to share capital is less than 50%, the Board of Directors must convene a shareholders' meeting within two months from the date the Board of Directors discovered or should have discovered this undercapitalisation.

• The Financial Statements have been prepared in accordance with Belgian GAAP applied on a consistent basis throughout the periods indicated, except that the unaudited Financial Statements may not contain all footnotes required by GAAP.

• The statutory financial statements of FICS and those of its books and records prepared to conform with the requirements of Belgian law are prepared in accordance with Belgian GAAP.

• In accordance with Belgian law, the Company must prepare annual audited statutory financial statements in accordance with Belgian GAAP and annual audited consolidated financial statements in accordance with IFRS, as adopted by the EU.

More Definitions of Belgian GAAP

Belgian GAAP means the accounting Laws, rules and principles generally accepted in Belgium with respect to annual accounts.

Belgian GAAP means the generally accepted accounting principles in Belgium;

Belgian GAAP means generally accepted Belgian accounting principles, applied on a basis consistent with the basis on which the Audited November Financials were prepared.

Belgian GAAP means generally accepted accounting principles in Belgium; BF Consulting means Bruges Finance Consulting bvba, a company established in Belgium;

Belgian GAAP means the Belgian Accounting Rules and Regulations, the accounting principles adopted by the TARGET Company and generally accepted accounting principles in Belgium as in effect from time to time, which are applicable to the circumstances as of the date of determination.

Belgian GAAP betekent de algemeen aanvaarde boekhoudstandaarden in België, of indien de Emittent voor haar rekeningen zou kiezen voor de International Financial Reporting Standards ((EU)IFRS), kan de Emittent verkiezen om (EU)IFRS toe ▇▇ ▇▇▇▇▇▇, waarbij in dergelijk geval "Belgian GAAP" (EU)IFRS betekent.

Belgian GAAP means Belgian generally accepted accounting principles at the relevant time, applied on a consistent basis with prior periods and throughout the periods involved;