Coordinating the regional treasuries

On 3 December 2003 the Government of the Brussels-Capital decided to go ahead with the foundation of a Financial Coordination Centre (FCCB). It also decided on its general operating principles. On 19 February 2004 the order with regard to the creation of the FCCB was approved. The FCCB was set up to serve the Ministry of the Brussels-Capital Region which is part of the Finances and Budget Authority.

Following the organic order of 23 February 2006 as regards terms applying to the budget, bookkeeping and inspection, the FCCB is to become an instrument for the Region's financial management. This order also means that each autonomous governmental body (AGB) will automatically be integrated in the FCCB.

In this way, in 2012, the body regulating energy in Brussels BRUGEL and the non-profit organisation IRISteam have joined the FCCB, on 1 January and 1 July respectively.

In 2013 two new institutions were included in the FCCB, namely the Regional Parking Agency on 1 July and the Housing Fund on 1 October.

The Brussels Region Commercial Agency (Atrium) joined the FCCB on 1 April 2015.

There are currently 17 institutions participating in the FCCB :

Brussels Enterprise Agency


Brussels-Capital Department for Fire Fighting and Urgent Medical Assistance


Brussels Gas Electricity


Brussels Regional Employment Service


Brussels Regional Housing Association


Brussels Institute for Environmental Management


IT Centre for the Brussels Region


Economic and Social Council for the Brussels-Capital Region


Regional Cleanliness Agency

Net Brussel (Clean Brussels)

Regional Development Company for the Brussels-Capital Region


Regional Parking Agency


Regional Authority of the Port of Brussels


Brussels Institute for the Promotion of Scientific Research and Innovation


IRISteam vzw


Company for Intercommunal Transport in Brussels


Housing Fund

Housing Fund


The general operating principles of the FCCB are as follows:

  • centralising the treasuries of the participating institution via notional cash pooling;

  • just-in-time funding of expenditure at the institutions via a system for automatic transfer from their transit account to their own account;

  • creation of a consolidated treasury planning based on the institution's treasuring planning;

  • evaluation by the FCCB of the quality of the financial flows from the institutions, as well as the quality of their cash forecasts;

  • calculation and allocation of an annual grant for sound financial management;

  • respect for the independence of the institutions, on the one hand, advice from the FCCB to improve their financial management on the other.


More information in our annual report