Government Measure
Undertakings that have to close as a result of the COVID-19 outbreak and which satisfy certain conditions can benefit from a one-time compensation premium. The amount of the compensation premium depends on the region in which the undertaking is located:
- Brussels Capital: €4k per establishment unit of the undertaking, with a maximum of five compensation premiums being paid per undertaking;
- Flanders: €4k per establishment unit of the undertaking, with a maximum of five compensation premiums being paid per undertaking plus an additional amount of €165 per day that the undertaking is closed after 5 April 2020; and
- Wallonia: €5k (one premium per company number).
These compensation premiums are tax-free and, therefore, will not be subject to income taxes.
Eligibility
Undertakings must meet the following criteria to be eligible for the hindrance compensation premium:
Brussels Capital: Undertakings should:
(i) have less than 50 FTEs; (ii) be active in one of the sectors listed in this Decree;
and (iii) face a forced closure due to the measures imposed by the Belgian government as a result of the COVID-19 outbreak.
Flanders: Undertakings should face a forced closure due to the measures imposed by the Belgian government as a result of the COVID-19 outbreak.
Wallonia: Undertakings should have: (i) less than 50 FTEs; and (ii) an annual turnover of less than €10m or an annual balance sheet total of no more than €10m. Undertakings can verify whether they are eligible for the compensation premium by entering their enterprise number here.
Supervising Authority
Regional authorities
Availability Date(s)
Brussels Capital - Application to be filed by 1 June 2020, at the latest.
Flanders - Application to be filed by 18 June 2020, at the latest.
Wallonia - Application had to be filed by 12 May 2020, at the latest.