FURTHER EXPLANATION · 2 MIN READ
Popular Does Not Automatically Mean Suitable
The entrepreneurs barometer of 24 June 2026 reports 43,963 new companies in Belgium between 1 May 2025 and 30 April 2026. The BV accounted for a very large share. These figures provide background information about that period, not a new result from September. They explain why starters often immediately think of a BV, but do not determine which form suits your activity.
The choice is partly related to entrepreneurial risk, collaboration, capital and long-term plans. Those starting alone need different agreements than two founders with different contributions. Choosing a legal form simply because others use it leaves important questions unanswered: who makes decisions, who finances the business, and what happens if someone wants to stop?
No Minimum Capital Is Not a Free Pass
For a BV there is no fixed legal minimum capital. However, there must be a contribution and the company must have sufficient starting capital at launch. This requires a substantiated financial plan. It is therefore not only about the amount in the bank on the day of incorporation, but the resources needed for the intended activity.
Make a realistic budget with your accountant for investments, fixed costs, expected income and financing. Also consider a slower start than hoped for. The limited liability of shareholders is not unlimited protection against all risks. Under certain circumstances, for example founders’ liability may apply. Therefore, both the figures and the legal structure should be carefully prepared.
Those who lend money do not always have the same position
Notaris.be's financing explanation distinguishes, among other things, bank loans, loans from the personal network and shareholding participation. These represent different relationships. A family member who lends money generally expects repayment according to the agreed terms. Someone who acquires shares participates in the company and assumes the associated risk. Moreover, a subordinated loan holds a different rank upon repayment compared to other creditors.
Suppose two individuals open a studio. One invests money, the other primarily works daily. A family member wants to finance the furnishings. Before they sign anything, they must discuss which contribution results in shares, which is a loan, and who receives decision-making power. Therefore, gather the financial plan, financing agreements, and an overview of each person's role. Notariaat Wellens assists in drafting the legal form, articles of association, and shareholder agreements, coordinated with your accountant. Discuss your plans before commitments are made that can no longer be easily modified.