Applicable law
Companies/legal persons
Book XX of Business Law Code (insolvency proceedings)
NL version - Art. I.1 en I.23 van het Boek I van het Wetboek van economisch recht (definities)
Title 8 of the Companies and Associations Code - Dissolution and liquidation
FR Version - Titre 8 du Code des sociétés et des associations - De la dissolution et de la liquidation
NL version - Titel 8 van het Wetboek van vennootschappen en verenigingen - Ontbinding en vereffening van vennootschappen
EN version not available
Law of 7 June 2023 transposing Directive (EU) 2019/1023 of the European Parliament and of the Council of June 20, 2019 on preventive restructuring frameworks, debt forgiveness and discharges, and on measures to be taken to increase the effectiveness of restructuring, insolvency and debt forgiveness procedures, and amending Directive (EU) 2017/1132
FR version - Loi du 7 juin 2023 transposant la directive (UE) 2019/1023 du Parlement européen et du Conseil du 20 juin 2019
NL version - Wet van 7 juli 2023 tot omzetting van Richtlijn (EU) 2019/1023 van het Europees Parlement en de Raad van 20 juni 2019
EN version not available
Consumers
Law of July 5 1998 on the collective settlement of debts and the possibility of selling seized immovable property by mutual agreement
EN version not available
Implementation of the Directive (EU) 2019/1023
Implementing text
EN version not available
Additional resources
How Belgium has implemented Directive (EU) 2019/1023 (as part of the Joint Project between INSOL Europe and LexisPSL on the implementation analysis of the Directive (EU) 2019/1023 in the EU Member States - as at 06/10/2023)
written by Bart De Moor at Strelia, Country Coordinator for INSOL Europe & Council member & Sofie Onderbeke
Any other information of interest
Check-list for restructuring plans specifically adapted to the needs of small and middle size companies with difficulties in application of paragraph 2 of article 8 of EU Directive 2019/1023 of 20 June 2019
EN version not available
Royal Decree of 26 April 2018 establishing the rules and scales relating to the fixing of fees and expenses of insolvency practitioners
EN version not available
Royal Decree of 26 April 2018 implementing Article XX.1, § 1, last paragraph, of the Business Law Code regarding the application of Book XX of the Business Law Code to practitioners of liberal professions
NL version - Koninklijk besluit van 26 april 2018 houdende uitvoering van artikel XX.1, § 1, laatste lid, van het Wetboek van economisch recht wat betreft de toepassing van boek XX van het Wetboek van economisch recht op de beoefenaars van een vrij beroep
EN version not available
We are grateful to Bart De Moor at Strelia, Country Coordinator for INSOL Europe & Council member, Denajda Bajraktari at Strelia and Marine Callebaut at Strelia for sharing this information.
Update: February 2025