Annual accounts

Comprehensive annual accounts are not mandatory for self-employed people. In contrast, the abridged annual accounts consisting of client data, balance sheet and profit and loss account. However, the abbreviated annual accounts are mandatory from the tax authorities. This data is ultimately needed to complete the income tax (IB) return. Moreover, it helps to put your affairs in order and to understand your financial situation.

Always have a professional accountant look over your shoulder

Of course, there are also programmes and software that generate the abbreviated financial statements automatically. But even in that case, it is useful to have an accountant check whether everything is correct.

Should you still want comprehensive annual accounts (comprehensive balance sheet, comprehensive profit and loss account, notes and key figures)? Then that's no problem for JLVL Administratie either.