PROFIT PARTNERS

Profit Partners is an accounting firm at number 18 Geraardsbergsestraat in Aalst, East Flanders. It was founded in 2014 as Profit & Tax by Wim Van Damme. As the firm grew, he teamed up with Alessio Pfaff, and in 2024 it took its current name. The company is registered with the ITAA under number 53.401.328. What began as a one-man operation is now a team of four professionals. The firm points out that accounting has become a shortage occupation and that many firms are no longer taking on clients, while new clients are still welcome at Profit Partners.

Wim Van Damme is an ITAA tax accountant, a Big Four alumnus, with twenty years of experience as a self-employed accountant across many sectors. Alessio Pfaff, with the firm since 2020, holds a bachelor's in accountancy and tax and a postgraduate degree in tax sciences. Two file managers complete the team, one of whom holds a postgraduate degree in tax law, and two team members are working towards the certified accountant title. The firm favours a mainly personal approach with regular consultation.

Its method rests on three commitments. 100% digital, with software such as Exact Online, Yuki and Odoo. 100% correct, through expert support. 100% up to date, because bookkeeping is processed daily, giving clients a real-time view of their figures. Clients can entrust the firm with all their bookkeeping or only parts of it. The firm processes documents, prepares interim balance sheets and income statements, then the annual accounts, which it files with the National Bank.

On tax, it handles corporate income tax, personal income tax, legal entities tax and non-resident tax returns, VAT returns, intra-Community statements and the annual customer listing, as well as tax audits. It draws up tax planning based on interim reporting and forecasts. As a business adviser, it supports acquisitions and business start-ups, prepares financial plans, advises on valuations, carries out feasibility studies and investment analyses, and prepares loan applications. It also supports the start-up of sole proprietorships and companies.

The firm publishes indicative prices. It prefers a fixed monthly or quarterly fee, so that clients know what to expect and are not afraid to ask questions, and otherwise charges 85 euros per hour. A part-time sole trader, for example, pays around 250 euros per quarter. Prices include software and the cost of digitalisation, such as CODA, SODA and Peppol. Meetings can be held at the office or online. The firm sends a monthly newsletter and is recruiting a junior accountant and trainees.