EXCOFIS

ExCoFis is an accounting firm at 17 rue de Suarlée in Rhisnes, part of the municipality of La Bruyère, on the outskirts of Namur. The firm grew out of a partnership between two professionals: Pierre Simon, chartered accountant since 1999 and tax adviser since 2001, and Adrien Dumonceaux, accredited as a chartered accountant and tax adviser since 2011. The company is registered with the ITAA under number 50.354.114. Its experts are covered by professional liability insurance and complete at least forty hours of continuing education every year, on top of keeping track of changes in accounting and tax rules.

Bookkeeping can be done at the firm's offices or at the client's premises. ExCoFis draws up the balance sheet, the income statement and the tax schedules, then prepares and files the annual accounts with the National Bank. It produces periodic interim accounts, reviews and corrects existing books and keeps the statutory ledgers. It also helps businesses set up computerised accounting and a commercial management tool, and advises on internal organisation and day-to-day management. Business valuation and support with business transfers complete this area.

The accounting expertise work covers the review of any accounting document, private expert work and court-appointed expertise. The firm assists partners in SMEs who want to check all or part of their company's accounts. It also drafts the special reports required by law for operations affecting capital or structure: change of legal form, conflicts of interest, issuing shares below accounting par value, removal or restriction of preferential subscription rights, mergers, demergers and liquidations.

In tax matters, ExCoFis prepares personal income tax, corporate income tax and legal entities tax returns. It looks into the tax questions its clients raise, checks tax assessments, prepares and attends tax audits, and assists with objections and disputes with the tax authorities. On VAT, it prepares periodic returns, the annual listing of VAT-registered customers and intra-community statements, calculates monthly advance payments, answers client questions and assists them during VAT audits.

The firm also handles the social security side of self-employment: analysis of the status, calculation of quarterly social contributions and estimates of what an employee will cost. For companies, it advises on business formation, including the choice of legal form and a feasibility study, assesses whether incorporating makes sense, and prepares business plans and financial plans. It helps draft the minutes of ordinary and extraordinary general meetings and arranges the publication of deed extracts in the Belgian Official Gazette.

ExCoFis works for individuals, companies and associations in every sector. The firm highlights particular experience with liberal professions: general practitioners and specialists, pharmacists, nurses and allied health professionals, lawyers and architects, as well as banking and insurance. It also cites the construction sector, from property developers to electricians, heating engineers, tilers, painters, roofers and landscaping firms, and the IT sector.

Most clients are based around Namur, Jambes, Bouge, La Bruyère and Floreffe, but the firm also works remotely with clients in Brussels, Liège or Charleroi. Every engagement starts with an upfront definition of the tasks to be performed, the working methods and the level of qualification required at each stage. The website also publishes practical news on personal and corporate income tax filing deadlines, VAT obligations and new withholding on invoices, along with a page of useful links to the Crossroads Bank for Enterprises, the Belgian Official Gazette and the National Bank.