1 May 2026 marked a turning point in VAT management for all Belgian businesses. This reform, which came into force four months ago, continues to generate questions. Here is what has changed in practical terms and what you need to check in your organisation.
The provision account replaces the current account
Since 1 May 2026, the VAT current account has been replaced by the VAT provision account. The fundamental difference: amounts due and credits requested for refund are no longer recorded in this account.
In practical terms, for monthly filers, the April 2026 return (filed by 20 May 2026 at the latest) was the first affected, and for quarterly filers, the second quarter 2026 return (to be filed by 25 July 2026 at the latest).
If you had filed all your returns on time by 30 April 2026, the credit balance of your old current account was automatically transferred to the new provision account.
A new mandatory account number
All VAT payments must now be made to the new bank account BE41 6792 0036 4210. This is probably the most critical change to verify.
Points to watch:
- Until 31 December 2026, payments made to the old account are automatically redirected to the new one
- A payment made in error to an old account number after this date is not retained: it is automatically refunded, without transfer to the correct account
If you use automatic transfers or standing orders, check that they point to the correct account. An error after 31 December will expose your company to a payment default.
VAT refunds: two distinct channels
The refund procedure has evolved. Via the periodic return, the refund is limited to the amount entered in box 72 of the return concerned, therefore only the credit for the current period.
If you have a larger credit available in your provision account (for example a carried-forward balance), you can request a refund directly from your MyMinfin account.
All management of your provision account is done via MyMinfin: checking available balance, requesting partial or full refund, advance payments.
End of the holiday scheme: practical impact in July 2026
The removal of the holiday scheme, which traditionally allowed late filing of VAT returns during the summer period, came into force from 2026.
First deadline affected: the return for June 2026 had to be filed by 20 July 2026 at the latest, and that for the second quarter of 2026 by 25 July 2026 at the latest.
As a transitional measure for 2026 only, no fine was imposed if the returns relating to June and July 2026 were filed before 10 August (June) and 10 September 2026 (July) respectively. However, the VAT balance still had to be settled before the normal return deadline.
Warning: this tolerance only applies in 2026. From 2027, strict deadlines will apply without exception throughout the year, including in July and August.
What you need to check now
- Your account number: do all your VAT transfers point to BE41 6792 0036 4210?
- Your MyMinfin access: do you or your accountant have access to the provision account management?
- Your internal processes: who in your organisation checks VAT deadlines? Has the calendar been updated to reflect the removal of the holiday scheme?
At AgiFid, we integrate these deadlines directly into Odoo and monitor your VAT provision account as part of our periodic support. If you still manage your VAT manually or if you have doubts about your current configuration, we can audit your processes during a discovery call.
The modernisation of the VAT chain is not finished: the FPS Finance has announced that other developments will follow, including the possibility of payments by direct debit. We will keep you informed.