Factsheet for case BE-2020-12/423 – measures in Belgium
, applies regionally
|Time period||Temporary, 18 March 2020 – 18 May 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 07 May 2020)|
As is the case in the Walloon and Flemish regions, the capital region of Brussels has a one off grant for companies that are forced to close temporarily due to the virus or the measures related to it, can avail off.
The financial support is meant to alleviate pressure on small companies that are facing financial hardship because they are not able to perform their regular business activity. Companies can introduce their request until the 1 June 2020.
A one off grant off €4,000 is available for each business unit in a company in the Brussel region (maximum of €20,000 per company).
The measure applies to all companies with less than 50 FTE (full-time Equivalent) workers in certain sectors:
Retail Accommodation Catering Projection of cinema films Travel agencies Administrative services and other business support activities Driving schools Organisation of gambling activities Sporting, recreational and leisure activities Repair of computers and personal and household goods Other personal services
In addition, other financial support measures are available such as loans at lower interest rates and guarantees provided by the government to help companies applying for a loan.
It is not known for the moment how many companies will make use of the grant.
|Does not apply to workers||
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 extected that the social partners were informed of this support measure, the extent and what input they had is not known.
|Economic area||Sector (NACE level 2)|
|I - Accommodation And Food Service Activities||I55 Accommodation|
|I56 Food and beverage service activities|
|N - Administrative And Support Service Activities||N79 Travel agency, tour operator and other reservation service and related activities|
|R - Arts, Entertainment And Recreation||R90 Creative, arts and entertainment activities|
|R92 Gambling and betting activities|
|R93 Sports activities and amusement and recreation activities|
|S - Other Service Activities||S96 Other personal service activities|
This case is not occupation-specific.
Eurofound (2020), Brussels: One-off grant for closed businesses, case BE-2020-12/423 (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.