Size criteria for associations and foundations

The criteria as to size for associations and foundations determine whether the relevant non-profit-making institution is small, large or very large, in order to define the format for submitting their annual accounts.

An association or a foundation is regarded as very large if at the end of the bookkeeping year:

  • the annual average of its workforce (in full-time equivalents) exceeds 100 persons or
  • if at least two of the criteria below are exceeded:
    • annual average of workforce (in full-time equivalents): 50
    • total annual income, other than exceptional income (excluding VAT): 7 300 000 euro
    • balance sheet total: 3 650 000 euro

An association or a foundation which does not meet the above criteria is deemed to be large if it meets or exceeds at least two of the following criteria at the end of the bookkeeping year:

  • annual average of workforce (in full-time equivalents): 5
  • total annual income, other than exceptional income (excluding VAT): 312 500 euro
  • balance sheet total: 1 249 500 euro

The full presentation for non-profit organizations and foundations must be used by very large associations and foundations.
The abbreviated presentation for non-profit organizations and foundations can be used by large associations and foundations.

All associations and foundations (including the small ones) with an annual average workforce of 20 persons in full-time equivalents, must complete a social balance sheet. This is incorporated in the standard models (full and abbreviated) of the annual accounts for institutions and foundations. On our website, specific models are made available for the associations and foundations who use a specific presentation, as well as for the small associations and foundations who occupy more than 20 persons: models for the social balance sheet.