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Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure BE-2018-1/2677 – measures in Belgium

Early Warning Scan

Early Warning Scan

Country Belgium , applies regionally

    • – BE3 RÉGION WALLONNE
Time period Open ended, started on 01 January 2018
Context Restructuring Support Instruments
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Other
Author Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound
Measure added 23 June 2022 (updated 02 November 2022)

Background information

The economic and financial crisis made SMEs with fewer than 10 employees very vulnerable. The number of bankruptcies and business closures was rising. However, many companies could have been helped if they received specific advice at the right time. It is in this context that the "Re-Action" scheme was born. Its aim is to provide emergency assistance free of charge. To entrepreneurs that are potentially in a difficult situation.

Content of measure

The early warning scan is a new initiative since 2018, started by the Walloon Agency for Enterprises and Innovation (Agence pour l'Entreprise et l'Innovation). It consists of an online survey for business owners to notify and inform them of signs that their business might be at risk. The questions are related to planning; advice and external support; finances; human resources or business relations.

After the test, the respondent can contact the appropriate services for additional support through the site. An advisor will analyse the points of improvement and will propose an action plan.

This scheme is coordinated at regional level by SOGEPA. In the province of Luxembourg, this service is hosted by the Chamber of Commerce and Industry of Belgian Luxembourg.

Use of measure

It is a quick way to obtain some personalised information on the status of their company.

Target groups

Workers Businesses Citizens
Does not apply to workers SMEs
Does not apply to citizens

Actors and funding

Actors Funding
Local / regional government
Regional funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: Unknown

Involvement

Unknown

Views and reactions

Unknown

Sources

Citation

Eurofound (2022), Early Warning Scan, measure BE-2018-1/2677 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2018-1_2677.html

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