The Act of 19 March 2012, amending the Belgian Company Code with regard to the liquidation procedure, was published in the Belgian State Gazette on 7 May 2012 and entered into force on 17 May 2012. The new Act, which the legal profession had eagerly awaited for quite some time, clarifies and amends the liquidation procedure. The most important provision is the confirmation of the possibility to dissolve and liquidate a Belgian company in a single step ("en un seul acte"/"in één akte").