Art. 4
- The annual turnover is determined by calculating the income that your enterprise received during the year in question from its sales and services after any rebates have been paid out. Turnover should not include Value Added Tax (VAT) or other indirect taxes.
- The annual balance sheet total refers to the value of your company's main assets.
If your enterprise exceeds the headcount or financial ceilings during the course of the reference year, this will not affect your situation. You retain the SME status with which you began the year.
However, you will lose the status if you go above the ceilings over two consecutive accounting periods.
Conversely, you will gain SME status if you were previously a big enterprise, but then fall below the ceilings for two consecutive accounting periods.
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