Company financing in Belgium : Analysis using supply and use tables
利用比利时中央资产负债表办公室开发的收入支出表,分析公司(尤其是小公司)在财年末的融资需求特征、原因及外部融资来源,发现小公司近年股权融资增加。
The issue of how companies are financed, notably small companies, has been a recurring topic in the news and in numerous surveys and studies. It is especially relevant in the wake of the recent financial crisis. By using a table of aggregate revenue and expenditure developed by the Central Balance Sheet Office for individual companies, the article describes the characteristics of companies with a financing need at the end of their financial year and the reason for the need. Statistics are broken down by company size, sector and region. The article then looks at the external resources used to meet those financing needs and finds, notably, an increase in equity financing among small companies in recent years. The analysis is supported by various statistics supplied by the Central Corporate Credit Register and by recent qualitative studies.