Standard Business Reporting (SBR)
Supporting you in meeting the new SBR requirements
Starting from financial year 2025, all large legal entities and their medium‑sized subsidiaries will be required to file their financial statements electronically via Standard Business Reporting (SBR) with the Trade Register of the Chamber of Commerce.
What does this mean for your business? While the content of your financial statements and annual report remains unchanged, the process of preparing and filing them will need to adapt:
- Financial statements must now be prepared and submitted in an electronic format.
- Complying with the new requirements may require specialised software or the engagement of a service provider.
- Both implementation and ongoing execution of this process will demand significant time, resources, and attention.
How to get started
Good preparation begins with designating a lead or project team and becoming familiar with the new requirements. You will need to choose between the allowed electronic formats (XBRL and inline XBRL). From an organisational perspective, the most impactful decision will be whether to develop digital reporting capabilities in‑house or outsource this process to a third party.
If you choose to develop a digital reporting and filing process in‑house, specialised software will be required. You may either:
- Implement a digital reporting tool as an add‑on to your current financial statement preparation process, or
- Revamp your reporting process entirely by implementing a disclosure management system with digital reporting capabilities.
This latter option is particularly relevant if you currently prepare your annual report in Word and Excel and wish to automate the process.
In both cases, it is important to start preparations in a timely manner to avoid surprises later on.
How Forvis Mazars can help
Whether you choose to in‑source or outsource, we can support you in ensuring compliance and efficiency.
Tailored consulting services
We advise on revising your reporting process, including:
- Choosing between XBRL and iXBRL
- Selecting and licensing digital reporting software
- Implementing disclosure management systems
- Tagging financial information in digital reports
- Reviewing compliance with Dutch regulatory requirements
Outsourcing services
Prefer to outsource? Forvis Mazars offers a fully managed outsourcing solution to simplify this transition, ensuring your reporting is accurate, compliant, and delivered on time.
Our service converts your audited financial statements from PDF or paper into the required XBRL or iXBRL format for filing with the Chamber of Commerce. With deep expertise in SBR and years of experience supporting organisations of all sizes, we provide a reliable, efficient, and secure approach to meeting your digital reporting obligations.
Why choose Forvis Mazars?
- Proven expertise in SBR since 2016 (XBRL for SMEs, iXBRL for large and listed entities since 2020)
- Experience supporting both local and international organisations
- Deep knowledge across audit, advisory, and outsourcing services
Want to know more?
Renick van Oosterbosch Director
SBR outsourcing solution
Starting from financial years 2025, all large legal entities and their medium-sized subsidiaries are required to file their financial statements electronically via Standard Business Reporting (SBR) with the Trade Register of the Chamber of Commerce. This follows changes in the Electronic Filing Trade Register Decree.
SBR Assurance
Under Dutch regulations, most companies must submit their annual financial statements digitally using SBR. The method of filing via SBR depends on the size category of the business. Micro and small businesses are required to file limited financial statements and may do so either via SBR or by manually entering the data online. Medium and large companies are required to submit more detailed reports...