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Services – Specialised Services

Legal business – Transaction support

Taking over a company is a complex, fundamental and even risky business.
One of the key elements in relation therewith is the ability to assess the correctness of the financial data, the soundness of the turnover growth to be expected and the quality of the customer portfolio. However, a profound inspection of all risks related to the past of a enterprise, environment, social liabilities etc. is no luxury and will protect you as the buyer against any unpleasant surprises.

Our multidisciplinary teams are able to support you in a professional manner.

Whether you are buying or selling, we offer you the support you need, both during the preparatory works, during negotiations and when finalising the transaction.

We ensure:

  • Data Room Services
  • Due Diligence regardless of the fact whether you are the buyer or the seller
  • Deal Support
  • SPA support (sales agreement or “share purchase agreement”)

IFRS

As of 2005, all companies quoted on the stock exchange in the European Union (EU) apply International Financial Reporting Standards (IFRS) when drawing up their consolidated annual account.

SMEs are not obliged to apply IFRS, however it may be an advantage for internationally oriented SMEs and for SMEs wishing to compete with the quoted companies.

Due to its uniformity, IFRS is able to ensure the comparability of enterprises within Europe.

However, IFRS is still in progress. And discussions about the interpretation of standards are plentiful, as is the question whether the modified basis of the financial reporting will provide a better image of reality (“fair value”).

Our experts will gladly help you to imply the IFRS standards in your company. Thanks to our integral approach, you may rest assure to have an effective and efficient reporting on the basis of IFRS.

Consolidation

In the case of a company quoted on the stock exchange or when a company and its daughter companies exceed some of the criteria, the company is obliged to present a consolidated annual account.

The consolidated annual account will provide third parties with a more realistic image of your company as a whole.

Consolidation means that mutual deliveries are being eliminated (intercompany turnover), as well as any profit on mutual deliveries which have not yet been resulted in selling to third parties. The mutual financial relations between the members of the group are eliminated too, for example the current account relations between the group members or mutual debtor and creditor relations.

Does this consolidation obligation apply to you? No worries. Our experts will assist you to successfully finalise the consolidation.

Outsourcing

Sometimes, it may be strategically important to no longer organise certain supporting financial and administrative operations yourself but to outsource the organisation of these services or the supply of people.

Since financial activities are our core business, Moore Stephens Verschelden is able to assist you to find the professionals you need.

Private wealth

Private wealth management is the individualised and mostly very sophisticated advice given to optimise the management of private properties.

In most cases, we distinguish two kinds of optimisation.

The first one is aimed at a flexible (gradual or not) transfer of the control over your business to the next generation.

The second one is aimed at the property transfer of your patrimony in order to avoid any excessive succession rights (succession planning).

Of course, we are always at your disposal for advice regarding the management of your patrimony and risk spreading.