Yes, it is possible, but not for free. Several options: debit current account advance or fixed-term loan. It is essential to understand the applicable rules in order to avoid any reclassification by the tax authorities.
Debit current account advance: simpler and risk-free, but more expensive
When you withdraw money from your company without a loan agreement, this creates a debit current account. No contract is required — simply indicate "current account advance" in the payment reference of the transfer.
This solution is recommended for a one-off personal liquidity need.
Interest rate set each year by the tax authorities
At the time of the annual accounts, interest is calculated by applying the minimum rate set by the tax authorities. Interest is added to your current account each year, until you repay it to your company.
👉 For example, for 2024 income, the annual interest rate was 6.25%. The rate for 2025 will be published at the beginning of 2026.
💡 You can check the balance of your current account directly in the BILLY application (verified by your accountant at the end of each quarter): Everything you need to know about the current account
Fixed-term loan: cheaper, but more complex and risky
Your company lends you a sum today. You plan to repay the full amount at a date agreed in advance, for example. You pay interest to your company each year on the full amount, until repayment.
This solution is recommended if your company holds significant liquidity and you need it personally (example: purchasing a home).
📑 A written contract is essential
A fixed-term loan is a genuine credit agreement concluded between the company and its director, with a clearly defined amount, duration, interest rate, guarantees and repayment terms. Unlike a debit current account, this type of financing requires a written contract, the terms of which must be strictly observed (in particular, repayment of the loan at maturity).
💡 A template is available at the end of this article.
📈 Using a market interest rate
For a fixed-term loan, there is no legal minimum rate. The tax requirement is different: the rate must be a "market rate", meaning a rate that would be applied between two independent parties under similar conditions.
Several methods can be used to justify this rate:
1. Comparison with bank rates (the best evidence)
Request one or more simulations from banks for a comparable loan (same amount, same duration, same risk profile, with or without guarantees).
The rate obtained constitutes the most solid reference in the event of a tax audit.
2. Reference to National Bank of Belgium (NBB) data
The NBB publishes statistics on average lending rates. This makes it possible to establish a realistic range. The lower the interest rate you choose, the greater the tax risk if you cannot demonstrate that it is indeed a market rate.
👉 For a fixed-term loan over 4 years, a rate between 3.5% and 5% per annum could be justifiable as a market rate.
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