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.

Belgian GAAP means Belgian Generally Accepted Accounting Principles.

Belgian GAAP as defined in Section 2.7.1.

Examples of Belgian GAAP in a sentence

• Pursuant to Belgian law, the calculation of amounts available for distribution to shareholders, as dividends or otherwise, must be determined on the basis of the Company’s non-consolidated Belgian GAAP financial statements.

• 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 standard is in accordance with applicable Belgian GAAP accounting standards and applicable Belgian legislation.

• The following documents are extracts of the statutory annual accounts of Option NV prepared under Belgian GAAP in accordance with article 105 of the Company Code.

• As a listed company, the Company must publish summaries of its annual and semi-annual consolidated financial statements prepared under IFRS, as adopted by the EU as well as its condensed annual statutory financial statements prepared under Belgian GAAP.

More Definitions of Belgian GAAP

Belgian GAAP means Belgian accounting Laws and generally accepted accounting principles.

Belgian GAAP means the accounting principles generally accepted in Belgium applied in a manner consistent with prior periods;

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;

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 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 xx xxxxxx, waarbij in dergelijk geval "Belgian GAAP" (EU)IFRS betekent.

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