Factsheet for case BE-2020-12/418 – Updated – measures in Belgium
, applies regionally
|Time period||Open ended, started on 15 March 2020|
|Type||Legislations or other statutory regulations|
Supporting businesses to stay afloat
– Direct subsidies (full or partial)
|Author||Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound|
|Case created||09 April 2020 (updated 16 September 2020)|
This new premium is aimed at companies and their suppliers who are allowed to continue working or shops that remain open but have a large loss of turnover due to the restrictive measures. They have to be able to show that they have a loss of sales of -60% in the period between 15 March and 30 April 2020 compared to the same period last year.
For start-ups, a decrease in turnover of -60% compared to the financial plan laid down will be taken into account. NPOs are also eligible, provided that at least one person is employed full time.
Enterprises and their suppliers that are still working or businesses that remain open but suffer a large loss of turnover as a result of the measures are eligible for a compensation premium from the Flemish government. This is the case for, for example:
The compensation premium amounts to €3,000. For a certain category of self-employed, as secondary occupation, the compensation is €1,500.
The corona compensation premium is a one-off premium.
The exact amount of beneficiaries is currently unclear as the businesses have to apply for it themselves based on their turnover rates. The concrete numbers will only be known at a later stage. It is to be expected however that there will be a significant amount of applications, especially in the events sector.
One person or microenterprises
|Does not apply to citizens|
Local / regional government
Social partners' role in designing the measure and form of involvement:
|Trade unions||Employers' organisations|
|Form||Not applicable||Not applicable|
Social partners' role in the implementation, monitoring and assessment phase:
It is to be expected that the social partners have at least been informed of the measure (in particular the employers associations).
Eurofound (2020), Flemish compensation premium in case of large turnover loss, case BE-2020-12/418 (measures in Belgium), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.