Optimizing accounting with AI: Belgian case studies

AI is transforming accounting for Belgian SMEs

Belgian accounting, with its specificities — Minimum General Chart of Accounts (PCMN), quarterly or monthly VAT returns, annual accounts to be filed with the NBB — represents a considerable administrative burden for SMEs.

Use case 1: intelligent invoice processing

AI can automatically extract data from purchase invoices and allocate them to the correct PCMN accounts. Our users report a time saving of 70%, with an accuracy rate of 97%.

Use case 2: VAT preparation

• Grids 00 to 09: breakdown by VAT rate
• Grids 54/55: VAT due and deductible
• Automatic inconsistency detection before submission

Use case 3: annual accounts

For small companies using the abbreviated format, AI can pre-fill NBB forms from your trial balance, automatically applying Belgian accounting law valuation rules.

Use case 4: predictive financial analysis

• Cash flow forecasting at 3, 6, and 12 months
• Early detection of liquidity risks
• Sectoral benchmarking via NBB data

Measured results

• Reduction in administrative accounting time: -55%
• Decrease in encoding errors: -89%
• Average annual savings: €4,200 per company