The glossary to understand and take action

Simplified accounting for a small ASBL

Accounting that records the income and expenditure of an association falling within the legal category of small associations.

Notion comptable, fiscale ou juridique · Luxembourg Fiduciaries Editorial Team · Reviewed on

Understand the scope

Definition and points to distinguish

It is not limited to the bank account balance: supporting documents, the annual statement, the notes, the budget and the approval and filing steps must be organised. The category depends on legal criteria and their application over time.

In your file

What this changes in practice

The simplified accounting of an ASBL depends on its category and the conditions of the applicable framework. Non-profit status does not mean the absence of accounts or supporting documents. The association must verify the rules corresponding to its size and situation, then track income, expenditure, commitments and assets according to the relevant requirements. Funding received may also provide for specific reporting.

A scenario to help you understand

Educational example

An association receives a grant and membership fees. It keeps the supporting documents and checks the accounting obligations of its category as well as those of the funder.

Fictitious situation, presented to illustrate the concept.

Prepare for what comes next

Points to check

  • Vérifier la catégorie de l’association
  • Conserver les justificatifs
  • Suivre les obligations liées aux financements

The practical question

Find out more

Une petite ASBL peut-elle se dispenser de suivre ses engagements ?

Un régime simplifié ne signifie pas absence d’organisation. L’association doit connaître ses ressources, dépenses et obligations selon les règles de sa catégorie. Les financeurs peuvent demander des justificatifs complémentaires. Un suivi régulier permet aux responsables de rendre compte de la gestion et de préparer les documents nécessaires sans reconstituer toute l’activité à la fin de l’année.

Connecting concepts

Terms to know as well

Continue with the concepts, contacts and procedures related to this topic.

Accounting documentAn accounting document is a document that substantiates a transaction: an invoice, statement, contract or other evidence appropriate to its nature.Annual accountsAnnual accounts present the entity’s financial position and result at the end of a financial year, together with the documents required under its regime.Physical inventoryAn operation to verify and count assets on a given date, with identified references, units and persons responsible.MyGuichet.lu professional spaceA collaborative space enabling a company, self-employed person or association to manage certain administrative procedures and information.Audit trailA set of links and records making it possible to understand a transaction from its source document through to its recording and controls.

Put it into practice

Explore further with our guides

Practical guideASBL accounting: organising supporting documents and obligations

Sources and verification

References consulted on 20 September 2026. Official procedures specify the applicable conditions and exceptions.

This guide explains a general process. The applicable rules depend on your situation; it does not constitute personalised advice. Report a correction.

A definition gives you a reference point. To examine your situation, clarify your question with a professional.