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This content was last reviewed around October 2021.

Remark: Belgium is a member of the European Union. Please refer to the section "European Union" under Quick Links below to learn more about the implications with respect to the European rules that apply in the field of restructuring and insolvency. The EU Restructuring Directive of 20 June 2019 (EUR 2019/1023) is still to be implemented in Belgium. For more information, please see: The New European Restructuring Schemes - Update May 2022.