Financial statements

De jaarrekening is een wettelijke verplichting voor een vereniging zonder winstoogmerk, zoals voor iedere andere onderneming.

Legal requirements

• Within six months after the closing of the financial year, the financial statements need to be approved by the General assembly
• They need to be registered at the Kamer van Koophandel
• They are used as attachment to the Yearly tax declaration
• They are a prerequisite to calculate the yearly successierechten

Components

The financial statements consist of:

• Balance sheet
• Income and expenses sheet

They are an aggregation of financial transactions and the general ledger.

Sources

• Bank statements
• Ledger transactions
• Budgets

External links

• Neerleggingsplicht jaarrekening

See also

• VZW administratie
• Financial reports of WMBE published as requirement for the Wikimedia Foundation
• General assembly
• List of financial statements

References

• VSDC review, nr. 201, juni-juli-augustus 2022, p. 4