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Belgium

How do wealth taxes affect family businesses?

April 20, 2023

The pandemic, the war in Ukraine and the economic recession that has followed, have, once again, sparked a new debate on taxing the wealthy. But, as Professor Raul Barroso discusses, such taxes might lead to unintended, negative repercussions.

The Covid-19 pandemic, the war in Ukraine and the economic recession that has followed, has, once again, sparked a new debate on taxing the wealthy.

Managing family wealth and educating the next generation

March 29, 2022

The Chinese proverb “Wealth never survives three generations” has an equivalent in many cultures and has appeared in writing over centuries. The international notion that the first generation builds wealth, the second spends and otherwise mismanages it, and the third is left with nothing, isn’t just a platitude, though says Wharton finance professor Richard Marston.

How Flanders injects the life sciences and medical world with innovative tech

August 16, 2021

For an innovative investment to pay off, the pieces of the research and development puzzle need to fall into place perfectly—especially in life sciences and MedTech.

For an innovative investment to pay off, the pieces of the research and development puzzle need to fall into place perfectly—especially in life sciences and MedTech.

In Flanders, the northern region of Belgium, you’ll find all the required ingredients: companies that adapt quickly and work together, academic institutions and research centres that support the ambitions of entrepreneurs, government agencies that think with and support the world of business in a hands-on way. It’s all available in a compact and dense knowledge network.

Unravelling the mechanisms of how ‘tech makes Flanders tick’

July 27, 2021

Say Flanders, think research and technology. Belgium’s northern region is a well-known beacon of innovation. Its companies, research centres and knowledge institutions are at the basis of ground-breaking solutions in niches like digital, health and climate tech.

Through its worldwide Science and Technology Offices, Flanders Investment and Trade helps Flanders build bridges of knowhow and innovative strength across the globe—and you can reap the rewards, too.

FB Roundup: Associated British Foods, Red Bull, JCB

December 6, 2020

Second UK lockdown cost Weston family’s Primark $579 million in sales, Red Bull energises Yoovidhya family of inventor with $257 million payout, Lord Bamford gives JCB staff an extra holiday to mark 75th anniversary.

Second lockdown costs Weston family’s Primark $579 million in sales

The Weston family-controlled food and retail giant Associated British Foods estimates it lost £430 million ($579 million) in sales while its high street fashion retailer Primark was closed during the latest coronavirus lockdown.

FB Roundup: Warren Buffett, Solvay and Hays Travel

November 9, 2019

Warren Buffett tops up cash pile to $128 billion, Solvay shakes up structure and management against headwinds, Hays family tout capital reinvestment and the personal touch in Thomas Cook takeover.

Warren Buffett tops up cash pile to $128 billion

The family office of prolific US investor Warren Buffett (pictured) has conserved $128 billion in cash in its third quarter, up from $122.4 billion in the previous quarter, backing up a recession-warning trend revealed in The Global Family Office Report 2019.

Family business resilience

January 1, 2003

Since its introduction on the stock exchange in 1984, AvH, one of the world’s largest dredgers, has developed a diversified portfolio based on sustainable profit growth and a long-term strategy

Jozef Lievens is the managing director of the Belgian Family Business Institute and an attorney with Eubelius lawyers.

Barbara Murray is Consultant Editor of Families in Business magazine.

Since its introduction on the stock exchange in 1984, AvH, one of the world's largest dredgers, has developed a diversified portfolio based on sustainable profit growth and a long-term strategy