XBRL can be used in the following areas:

• In companies for creating financial reports and submitting them to regulators. Moreover for internal processes of data exchange and for providing financial data on companies’ websites.
• Banks and investment professionals employ XBRL for an automatic analysis of financial data.
• Regulating authorities (e.g. stock exchange supervisions, commercial registers,…) use XBRL technology for electronically receiving, validating and processing financial data.