Starting a business is a leap into the unknown. You have a strong idea, a vision, and tons of motivation. But at the same time, you quickly encounter the complexity of the Belgian entrepreneurial landscape: legal choices, tax rules, administration, digitalisation, subsidies, financing, accounting… The success of a new business doesn’t just depend on your product or service, but also on how well you manage these challenges from day one.
At Feniks Accountants, we have been guiding starters and ambitious start-ups for years – from incorporation to sustained growth. In this article, we’re happy to share the most important insights and how we make a difference as your partner.
One of the first major decisions as a starter is choosing the right legal form. In Belgium, entrepreneurs often choose between sole proprietorship and company structure.
Sole proprietorship: easy to set up, low cost, but no protection of your private assets. From a tax perspective, it can become less advantageous once income grows.
BV (Private Limited Company): more flexible than before (after the reform of the Companies Code) and ideal for those who want to grow, invest or collaborate with other shareholders. However, it comes with more accounting and administrative obligations.
At Feniks, we guide you through this choice based on your ambitions, expected income, risks and growth plans. The right structure from the start prevents restructuring or problems later on.
Financial plan: more than a requirement
For every company, a financial plan is legally required at incorporation. But we go far beyond the minimum requirements.
A solid financial plan gives you insight into:
- the break-even point of your project
- your initial investments and financing needs
- your cash flow over the first 24 months
- necessary buffers and expected risks
- realistic forecasts on revenue, costs and profit
With a strong plan, you not only gain trust from banks or investors, but also a clear view of your future. We create this plan together with you, in plain language and tailored to your sector.
Subsidies and financing: claim what’s available
Belgium offers a wide range of support measures for starters and innovative start-ups, especially in Flanders:
- Flemish Start-up Loan via PMV
- Innovation support or subsidies via VLAIO
- Win-win loans or “friend shares”
- Tax shelter for start-ups and scale-ups
- Subsidies for digital transformation
We support you throughout the application: from selection to preparation and follow-up. Many entrepreneurs miss out on funding simply because they don’t know what’s available.
From paper to pixels: digital administration from day one
At Feniks, we go all-in on fully digital tools adapted to starters:
- OkiOki for automated processing of your purchase and sales invoices
- Silverfin for real-time reporting and annual closings
- Teams for smooth communication and meetings
- Digital signatures for everything that needs signing
This way, you build a modern and efficient organisation from the very beginning. No more paper shoeboxes – just clear insights and time savings.
What do customers, partners and investors expect today?
As a start-up or fast-growing company, you often face external expectations early on:
- Investors want clear KPIs and reporting
- Customers expect professional communication and invoicing
- Partners want transparency on your financial health
We help you meet those expectations through clear reports, proactive follow-up and reliable figures. It’s what sets you apart and makes you scalable.
Why starters choose Feniks
Our clients often tell us they choose Feniks because:
✅ we’re more than accountants – we think like entrepreneurs
✅ we don’t overwhelm them with jargon, but provide clear insights
✅ they can count on an accessible team, even for small questions
✅ we’re strong in both digital tools and personal support
✅ we genuinely think along with their ambitions, growth and feasibility
Ready to grow with a partner who truly gets what you need?
Whether you’re just getting started or ready to move to the next phase, we’re here with advice, structure and tailor-made support. All with the right mix of expertise, technology and human touch.
📩 Schedule a free introductory meeting via our website.
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Feniks Accountants – where starters truly grow.