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EU PolicyWatch

Database of national-level policy measures

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-2022-25/3191 – measures in Belgium

'Bridging loan' to financially support enterprises


Country Belgium , applies regionally

Time period Temporary, 15 June 2022 – 15 December 2023
Context War in Ukraine
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Access to finance
Author Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound
Measure added 02 June 2023 (updated 19 June 2023)

Background information

The Flemish government has set up an adapted financing system, called the bridging loan, to support SMEs and large enterprises with their immediate liquidity problems. These problems are caused by the war in Ukraine and result in rising costs of goods, especially energy. Enterprises operating in the agriculture, horticulture, fisheries and aquaculture sectors can apply for the bridging loan.

The loan can be used to finance purchases from multiple suppliers of goods, services or investments. It can also be used to reimburse costs of rent.

Content of measure

The minimum loan provided is €10,000. The annual interest rate, ranging from 3.56% to 5.06% (valid from 1 April to 1 July 2023), depends on the company's size and the chosen repayment period.

The maximum borrowing limit is €2 million. Repayment is made monthly in equal instalments, starting after a 24-month grace period. Interest repayment is also made monthly, without any grace period.

On 3 January 2023 an additional 'extended bridging loan' of up to €2 million was launched. This loan is open until 15 December 2023. The loan amounts to a minimum of €10,000 and has a term of 3 or 5 years.

Use of measure

No data

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses 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: N/A


No reports on involvement of social partners.

Views and reactions

No public statements of views of social partners.



Eurofound (2023), 'Bridging loan' to financially support enterprises , measure BE-2022-25/3191 (measures in Belgium), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.