At Mazars, we inform you about the recent developments and rules and regulations that can have impact on you or your organisation. Would you like to minimise your risks and maximise your opportunities? We have listed several noteworthy news items that can be of use to you.
Covid-19 and the world of private equity
Never waste a good crisis - work on your business, not in your business
25 February 2021 - That a crisis can offer opportunities we have seen in previous crises. Whether it was the Great Depression in 1929, the dotcom crisis in 2000, the attacks of September 11, 2001 in the United States or the Great Financial Crisis of 2008, humanity and entrepreneurs in particular have always come out stronger in the end. Those who managed to adapt well always proved to be the winners.
Financing options if your business outgrows the bank
25 February 2021 - Much has been written about the relationship between companies and banks. It is often referred to as a partnership. The bank is a partner that provides financing so that the company can conduct its business. For many companies, they are financed with one bank. This is practical for the company and usually also a condition of the bank when providing financing.
Pre-exit sale of a business
25 February 2021 - A pre-exit is basically a two-step sale of a business. An entrepreneur first sells part of the share capital and usually about five to seven years later the rest. Some of the capital is thus secured and the entrepreneur often continues to manage the company.
Creating value for your business: buy and build
25 February 2021 - There are several ways to create value, such as getting your business ready for sale. Another way to create value and work on your business is through acquisitions.
Brookz Takeover Barometer: takeover market expected to remain favourable over the next six months
25 February 2021 - Twice a year takeover platform Brookz publishes the Takeover Barometer. This describes figures and trends about the Dutch SME takeover market (companies with € 0.5 to 30 million turnover). We regularly bring these results to your attention as they provide a picture of the average EBITDA multiples paid and of certain trends in the SME market. In addition, they also describe the expectation for the coming period.
OSINT-benchmark Sportbonden: topsportmentaliteit nodig
19 februari 2021 – In een artikel over cybercriminaliteit onder de titel “Geef Hackers geen podiumplaats” riep het NOC*NSF haar leden en alle aan de sport verwante organisaties eind vorig jaar op alert te zijn voor cybercriminelen. Er worden meer en meer incidenten gemeld. Duidelijk is dat de cybercriminelen zich niet alleen meer richten op de grote wereldwijde evenementen, maar dat ook de lokale infrastructuur de aandacht van deze criminelen heeft. Een datalek kan leiden tot imagoschade en verstrekkende financiële gevolgen hebben, zowel voor de eigen organisatie als voor de bij de sportbonden betrokken organisaties (sponsoren, partners, etc.). Wees daarom bewust van de digitale footprint die uw organisatie achterlaat.
Industrial Pension Fund for Transport: always mandatory (or not)?
22 February 2021 - On January 19, the Arnhem-Leeuwarden Court of Appeal rendered a groundbreaking judgment, which (among other things) determined that a Dutch transport company does not have to contribute a pension to the industry pension fund for professional goods transport by road ("Bpf Vervoer") for employees who are usually employed in Germany if no explicit choice of law was made for these employees for Dutch law.
IFRS-standards and amendments to standards
18 February 2021 – This publication gives an overview of IFRS standards and amendments to standards not yet effective for financial year 2020. This overview could be helpful when preparing the 2020 financial statements. For example, this overview can be used to perform an assessment whether IFRS standards and amendments not yet effective, have been considered when preparing the 2020 financial statements.
Summary of recent case law NOW - careful application prevents reimbursement
18 February 2021 - The NOW was introduced to support employers during the corona crisis and thus avoid (as much as possible) the need to lay off employees. Despite the fact that the scheme has not been in existence for very long, there have now been a number of court rulings. Using some of these judgments, we illustrate how the scheme is followed in practice by judges.
Latest changes to the Fixed Charges Allowance
17 February 2021 - Companies in industries most affected by the government measures due to the coronavirus will receive a Fixed Cost Contribution (TVL) depending on the size of the company, the level of fixed costs and the degree of lost sales. As of January 2021, changes have been made to the scheme. We are happy to inform you about these changes.