{"id":4178,"date":"2026-10-05T11:58:34","date_gmt":"2026-10-05T09:58:34","guid":{"rendered":"https:\/\/www.nextmobility.be\/post\/tco1-tco2-tco3-voiture-de-societe-budget-mobilite\/"},"modified":"2026-10-05T12:44:44","modified_gmt":"2026-10-05T10:44:44","slug":"company-car-tco-tco1-tco2-tco3-mobility-budget","status":"publish","type":"post","link":"https:\/\/www.nextmobility.be\/en\/post-2\/company-car-tco-tco1-tco2-tco3-mobility-budget\/","title":{"rendered":"TCO1, TCO2, TCO3: which company car cost counts for the Belgian mobility budget"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The TCO of a company car (total cost of ownership) is what the vehicle really costs the employer over a year: lease, energy, levies and taxes included. In Belgium it comes in 3 levels, TCO1, TCO2 and TCO3, and TCO2 is the one that serves as the basis for the mobility budget.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The same electric company car can cost its employer 12.066 \u20ac, 12.237 \u20ac or 9.221 \u20ac a year. All 3 figures are correct: they do not count the same things. The sector calls them TCO1, TCO2 and TCO3.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the mobility budget, the law has settled the question. The Royal Decree of 10 September 2023 lists the costs to include, and that list corresponds to a TCO2. Never to a TCO3.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This article explains what each level contains, what the labels &#8220;commercial TCO&#8221; and &#8220;fiscal TCO&#8221; are worth, how the legal TCO of the mobility budget is calculated, and what the employer gains or loses when an employee swaps a car for a budget.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amounts use Belgian notation: a point for thousands and a comma for decimals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. What makes up the TCO of a company car<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">All amounts are annual and exclude VAT, unless stated otherwise.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Block<\/th><th>What it contains<\/th><th>2026 value or rule<\/th><\/tr><\/thead><tbody><tr><td><strong>Lease<\/strong><\/td><td>Operational lease or rental, including the services in the contract<\/td><td>Contract<\/td><\/tr><tr><td><strong>Costs<\/strong><\/td><td>What the car policy provides outside the contract: insurance, tyres, parking, charging point depreciated at 20 % a year<\/td><td>Actual<\/td><\/tr><tr><td><strong>Energy<\/strong><\/td><td>Fuel or electricity, card fees<\/td><td>Actual<\/td><\/tr><tr><td><strong>Lost VAT<\/strong><\/td><td>The VAT the employer does not recover<\/td><td>21 %, recovered at 50 % at most<\/td><\/tr><tr><td><strong>CO2 contribution<\/strong><\/td><td>Social security solidarity contribution<\/td><td>For an electric car acquired since 1 July 2023: minimum 42,34 \u20ac a month, or 508 \u20ac a year (33,93 \u20ac a month before that date)<\/td><\/tr><tr><td><strong>% deductible<\/strong><\/td><td>Share of car costs deductible for corporate tax<\/td><td>Electric ordered in 2026: 100 % \u00b7 in 2027: 95 % \u00b7 combustion ordered since 2026: 0 %<\/td><\/tr><tr><td><strong>Corporate tax rate<\/strong><\/td><td>Corporate income tax rate<\/td><td>25 % (standard rate)<\/td><\/tr><tr><td><strong>% BIK disallowed<\/strong><\/td><td>Share of the benefit in kind (BIK) treated as a disallowed expense<\/td><td>17 % without a fuel or charging card \u00b7 40 % if the employer pays for private energy<\/td><\/tr><tr><td><strong>Personal contribution<\/strong><\/td><td>What the employee pays for the car<\/td><td>Car policy<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Two subtotals are used throughout:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Lost VAT<\/strong> = 21 % \u00d7 share not recovered \u00d7 (Lease + Costs + Energy)<\/li>\n\n\n\n<li><strong>Car cost<\/strong> = Lease + Costs + Energy + Lost VAT<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2. The 3 levels of company car TCO: TCO1, TCO2, TCO3<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TCO1, cash costs.<\/strong> Everything the employer pays for the vehicle.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TCO1 = Car cost + CO2 contribution<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TCO2, cash costs plus tax on disallowed expenses.<\/strong> It adds the corporate tax due on the non-deductible share of the costs and on the disallowed share of the BIK.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TCO2 = TCO1 + Corporate tax rate \u00d7 [ (100 % \u2212 % deductible) \u00d7 Car cost + % BIK disallowed \u00d7 BIK ]<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For an electric car ordered in 2026, 100 % deductible, the first term is zero. The second is not: TCO2 stays slightly above TCO1.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What TCO2 adds, by car and by year<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">TCO2 always adds 2 taxes to TCO1, not one.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Tax on the disallowed share of the BIK.<\/strong> It exists for every company car, electric ones included, as soon as private use is allowed.<\/li>\n\n\n\n<li><strong>Tax on the non-deductible share of car costs.<\/strong> It depends on the % deductible, so on the powertrain and on the date of the order or lease contract.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In our example only the first one appears (171 \u20ac), because an electric car ordered in 2026 is 100 % deductible. That will no longer be true for the next ones.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Electric cars, by year of order.<\/strong> The rate stays fixed for the whole period of use of the vehicle.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Year of order<\/th><th>% deductible<\/th><th>Tax on non-deductible costs<\/th><th>Tax on the BIK<\/th><th>TCO2 of the example<\/th><\/tr><\/thead><tbody><tr><td>2026<\/td><td>100 %<\/td><td>0 \u20ac<\/td><td>171 \u20ac<\/td><td>12.237 \u20ac<\/td><\/tr><tr><td>2027<\/td><td>95 %<\/td><td>144 \u20ac<\/td><td>171 \u20ac<\/td><td>12.382 \u20ac<\/td><\/tr><tr><td>2028<\/td><td>90 %<\/td><td>289 \u20ac<\/td><td>171 \u20ac<\/td><td>12.526 \u20ac<\/td><\/tr><tr><td>2029<\/td><td>82,5 %<\/td><td>506 \u20ac<\/td><td>171 \u20ac<\/td><td>12.743 \u20ac<\/td><\/tr><tr><td>2030<\/td><td>75 %<\/td><td>722 \u20ac<\/td><td>171 \u20ac<\/td><td>12.959 \u20ac<\/td><\/tr><tr><td>2031 and later<\/td><td>67,5 %<\/td><td>939 \u20ac<\/td><td>171 \u20ac<\/td><td>13.176 \u20ac<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The calculation keeps everything else constant (lease, energy, BIK, CO2 contribution), to isolate the effect of the % deductible alone. An electric car ordered in 2031 will therefore have, at equal costs, a TCO2 that is 939 \u20ac a year higher than the same car ordered in 2026.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Combustion cars and hybrids.<\/strong> The second tax weighs far more here.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Date of order<\/th><th>% deductible<\/th><\/tr><\/thead><tbody><tr><td>Before 1 July 2023<\/td><td>Old CO2-based formula, unchanged for the whole period of use<\/td><\/tr><tr><td>From 1 July 2023 to 31 December 2025<\/td><td>Capped at 75 % in 2025, 50 % in 2026, 25 % in 2027, 0 % from 2028<\/td><\/tr><tr><td>From 2026<\/td><td>0 %<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">At 0 %, the tax on non-deductible costs equals 25 % of the entire cost of the car. Section 3 gives a worked example for a petrol car: 2.889 \u20ac a year, against 514 \u20ac for the tax on the BIK.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Consequence for a budget grid: the TCO2 of a given job category is not fixed. It rises with each order year for electric cars, and every year until 2028 for combustion cars ordered between mid-2023 and end 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>TCO3, net cost after tax.<\/strong> It removes the corporate tax saving on everything that is deductible. It is the cost in the income statement of a profitable company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TCO3 = TCO2 \u2212 Corporate tax rate \u00d7 (Car cost + CO2 contribution)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The CO2 contribution is an employer social security contribution: it is fully deductible, whatever the vehicle, and is therefore not subject to the % deductible that applies to car costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">TCO3 only makes sense if the company actually pays corporate tax. For a non-profit association or a loss-making company, it does not apply.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Level<\/th><th>Content<\/th><th>Typical use<\/th><\/tr><\/thead><tbody><tr><td>TCO1<\/td><td>Cash costs<\/td><td>Comparing lease offers, fleet budget in cash terms<\/td><\/tr><tr><td>TCO2<\/td><td>TCO1 + tax on disallowed expenses<\/td><td>Car policy, model choice, mobility budget<\/td><\/tr><tr><td>TCO3<\/td><td>TCO2 \u2212 corporate tax saving<\/td><td>Financial trade-offs, net cost in the income statement<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A reading trap.<\/strong> Several sector texts describe TCO3 as &#8220;TCO2 minus the tax saving on the deductible part&#8221;. Applied literally, that sentence counts the non-deductible share twice: TCO2 has already added it. The two readings only give the same result for a vehicle that is 100 % deductible.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">3. Calculating company car TCO: a worked example for 2026<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The example is constructed, not taken from a client. It applies to an employer that is VAT-registered with a right to deduct, subject to corporate tax and profitable. Illustrative assumptions, to replace with your own data: an electric car ordered in 2026, catalogue value 50.000 \u20ac, lease of 700 \u20ac a month excluding VAT (8.400 \u20ac a year), a charging point depreciated at 300 \u20ac a year, 25.000 km at 0,18 kWh\/km (4.500 kWh a year), VAT recovered at 50 %. Electricity is counted at 80 % home charging, reimbursed at the CREG tariff for Q4 2026 for Brussels (36,88 cents per kWh, VAT included), and 20 % at a public fast charger at 0,75 \u20ac per kWh VAT included, the top of the range shown by Electra without subscription.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Item<\/th><th>Calculation<\/th><th>Annual amount<\/th><\/tr><\/thead><tbody><tr><td>Lease + Costs<\/td><td>8.400 + 300<\/td><td>8.700 \u20ac<\/td><\/tr><tr><td>Lost VAT on lease and costs<\/td><td>21 % \u00d7 50 % \u00d7 8.700<\/td><td>914 \u20ac<\/td><\/tr><tr><td>Home energy<\/td><td>3.600 kWh \u00d7 0,3688 \u20ac, VAT included<\/td><td>1.328 \u20ac<\/td><\/tr><tr><td>Fast-charger energy<\/td><td>900 kWh \u00d7 0,75 \u20ac VAT included, half of the VAT recovered<\/td><td>616 \u20ac<\/td><\/tr><tr><td>Car cost<\/td><td>8.700 + 914 + 1.328 + 616<\/td><td>11.558 \u20ac<\/td><\/tr><tr><td>CO2 contribution<\/td><td>42,34 \u00d7 12<\/td><td>508 \u20ac<\/td><\/tr><tr><td><strong>TCO1<\/strong><\/td><td>11.558 + 508<\/td><td><strong>12.066 \u20ac<\/strong><\/td><\/tr><tr><td>BIK<\/td><td>50.000 \u00d7 4 % \u00d7 6\/7<\/td><td>1.714 \u20ac<\/td><\/tr><tr><td>Tax on the disallowed share of the BIK<\/td><td>25 % \u00d7 40 % \u00d7 1.714<\/td><td>171 \u20ac<\/td><\/tr><tr><td><strong>TCO2<\/strong><\/td><td>12.066 + 171<\/td><td><strong>12.237 \u20ac<\/strong><\/td><\/tr><tr><td>Corporate tax saving<\/td><td>25 % \u00d7 12.066<\/td><td>3.016 \u20ac<\/td><\/tr><tr><td><strong>TCO3<\/strong><\/td><td>12.237 \u2212 3.016<\/td><td><strong>9.221 \u20ac<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"graphique_trois_tco_en.png\" alt=\"Company car TCO chart: for the same car, TCO1 is 12.066 \u20ac, TCO2 12.237 \u20ac and TCO3 9.221 \u20ac a year; the mobility budget is calculated on TCO2\"\/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">The company car TCO calculation, to copy into a spreadsheet<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Put the labels in column A and the values in column B, starting at row 2. The formulas only contain cell references: just replace the values in rows 2 to 17 with your own.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Row<\/th><th>A: label<\/th><th>B: value or formula<\/th><th>Result of the example<\/th><\/tr><\/thead><tbody><tr><td>2<\/td><td>Annual lease excluding VAT<\/td><td>8400<\/td><td><\/td><\/tr><tr><td>3<\/td><td>Costs outside the contract, excluding VAT<\/td><td>300<\/td><td><\/td><\/tr><tr><td>4<\/td><td>Km per year<\/td><td>25000<\/td><td><\/td><\/tr><tr><td>5<\/td><td>Consumption in kWh\/km<\/td><td>0,18<\/td><td><\/td><\/tr><tr><td>6<\/td><td>Share of home charging<\/td><td>80 %<\/td><td><\/td><\/tr><tr><td>7<\/td><td>Home tariff, VAT included<\/td><td>0,3688<\/td><td><\/td><\/tr><tr><td>8<\/td><td>Public charger tariff, VAT included<\/td><td>0,75<\/td><td><\/td><\/tr><tr><td>9<\/td><td>VAT rate<\/td><td>21 %<\/td><td><\/td><\/tr><tr><td>10<\/td><td>Share of VAT recovered<\/td><td>50 %<\/td><td><\/td><\/tr><tr><td>11<\/td><td>Monthly CO2 contribution<\/td><td>42,34<\/td><td><\/td><\/tr><tr><td>12<\/td><td>Catalogue value<\/td><td>50000<\/td><td><\/td><\/tr><tr><td>13<\/td><td>CO2 percentage of the BIK<\/td><td>4 %<\/td><td><\/td><\/tr><tr><td>14<\/td><td>Minimum BIK<\/td><td>1690<\/td><td><\/td><\/tr><tr><td>15<\/td><td>% BIK disallowed<\/td><td>40 %<\/td><td><\/td><\/tr><tr><td>16<\/td><td>% deductible<\/td><td>100 %<\/td><td><\/td><\/tr><tr><td>17<\/td><td>Corporate tax rate<\/td><td>25 %<\/td><td><\/td><\/tr><tr><td>19<\/td><td>Home energy<\/td><td><code>=B4*B5*B6*B7<\/code><\/td><td>1.328 \u20ac<\/td><\/tr><tr><td>20<\/td><td>Charger energy, excluding VAT<\/td><td><code>=B4*B5*(1-B6)*B8\/(1+B9)<\/code><\/td><td>558 \u20ac<\/td><\/tr><tr><td>21<\/td><td>Lost VAT<\/td><td><code>=B9*(1-B10)*(B2+B3+B20)<\/code><\/td><td>972 \u20ac<\/td><\/tr><tr><td>22<\/td><td>Car cost<\/td><td><code>=B2+B3+B19+B20+B21<\/code><\/td><td>11.558 \u20ac<\/td><\/tr><tr><td>23<\/td><td>Annual CO2 contribution<\/td><td><code>=B11*12<\/code><\/td><td>508 \u20ac<\/td><\/tr><tr><td>24<\/td><td><strong>TCO1<\/strong><\/td><td><code>=B22+B23<\/code><\/td><td><strong>12.066 \u20ac<\/strong><\/td><\/tr><tr><td>25<\/td><td>BIK<\/td><td><code>=MAX(B12*B13*6\/7;B14)<\/code><\/td><td>1.714 \u20ac<\/td><\/tr><tr><td>26<\/td><td>Tax on disallowed expenses<\/td><td><code>=B17*((1-B16)*B22+B15*B25)<\/code><\/td><td>171 \u20ac<\/td><\/tr><tr><td>27<\/td><td><strong>TCO2<\/strong><\/td><td><code>=B24+B26<\/code><\/td><td><strong>12.237 \u20ac<\/strong><\/td><\/tr><tr><td>28<\/td><td><strong>TCO3<\/strong><\/td><td><code>=B27-B17*(B22+B23)<\/code><\/td><td><strong>9.221 \u20ac<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Four notes for adapting it.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In an English-language Excel, the semicolon in row 25 becomes a comma, and decimals are typed with a point (0.18, 0.3688, 0.75, 42.34).<\/li>\n\n\n\n<li>Row 25 applies to a new car. For an older car, multiply the catalogue value by the age coefficient.<\/li>\n\n\n\n<li>Home charging reimbursement is counted without VAT recovery. If all your energy goes through a card with an invoice, set the home charging share to 0 %.<\/li>\n\n\n\n<li>If you do not recover VAT, set row 10 to 0 %. If you are not subject to corporate tax, stop at TCO1.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">TCO3 is about 25 % lower than TCO2. The electricity price weighs heavily in these figures: at 0,30 \u20ac per kWh everywhere, TCO2 would be 11.785 \u20ac, or 452 \u20ac less. Home charging reimbursement is counted VAT included, without recovery.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If the employer does not recover VAT<\/strong> (a non-profit association or a public service, for example), all VAT remains at its expense: the TCO1 of the example rises by 972 \u20ac, to 13.038 \u20ac. If it is subject to the legal entities tax (a non-profit association, for example), there is no TCO3, since it has nothing to deduct. Its TCO2, however, is now calculated like that of a company: since 1 January 2026, the non-deductible share of car costs is taxed there at 25 %, with the same percentages as for corporate tax, and the disallowed share of the BIK (17 % or 40 %) already was. Public institutions are not covered by this new tax on costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is this gap between TCO2 and TCO3, 3.016 \u20ac a year here, that separates a figure from a commercial offer from a mobility budget.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On the BIK of an electric car and its 1.690 \u20ac minimum, see <a href=\"https:\/\/www.nextmobility.be\/en\/post-2\/benefit-in-kind-electric-car-2026\/\">our article on the 2026 benefit in kind<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Three other cars, same costs: what taxation changes<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">To isolate the effect of taxation, we keep by assumption the same car cost (11.558 \u20ac) and the same catalogue value (50.000 \u20ac), and only change the powertrain and the year of order. In reality, lease and energy also differ from one car to another.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><\/th><th>Electric 2026<\/th><th>Electric 2027<\/th><th>Plug-in hybrid 2026<\/th><th>Petrol 2026<\/th><\/tr><\/thead><tbody><tr><td>Homologated CO2<\/td><td>0 g<\/td><td>0 g<\/td><td>35 g<\/td><td>135 g<\/td><\/tr><tr><td>% deductible<\/td><td>100 %<\/td><td>95 %<\/td><td>0 %<\/td><td>0 %<\/td><\/tr><tr><td>Car cost<\/td><td>11.558 \u20ac<\/td><td>11.558 \u20ac<\/td><td>11.558 \u20ac<\/td><td>11.558 \u20ac<\/td><\/tr><tr><td>CO2 contribution<\/td><td>508 \u20ac<\/td><td>559 \u20ac<\/td><td>508 \u20ac<\/td><td>2.913 \u20ac<\/td><\/tr><tr><td><strong>TCO1<\/strong><\/td><td><strong>12.066 \u20ac<\/strong><\/td><td><strong>12.116 \u20ac<\/strong><\/td><td><strong>12.066 \u20ac<\/strong><\/td><td><strong>14.470 \u20ac<\/strong><\/td><\/tr><tr><td>BIK<\/td><td>1.714 \u20ac<\/td><td>1.714 \u20ac<\/td><td>1.714 \u20ac<\/td><td>5.143 \u20ac<\/td><\/tr><tr><td>Tax on non-deductible costs<\/td><td>0 \u20ac<\/td><td>144 \u20ac<\/td><td>2.889 \u20ac<\/td><td>2.889 \u20ac<\/td><\/tr><tr><td>Tax on the disallowed share of the BIK<\/td><td>171 \u20ac<\/td><td>171 \u20ac<\/td><td>171 \u20ac<\/td><td>514 \u20ac<\/td><\/tr><tr><td><strong>TCO2<\/strong><\/td><td><strong>12.237 \u20ac<\/strong><\/td><td><strong>12.432 \u20ac<\/strong><\/td><td><strong>15.127 \u20ac<\/strong><\/td><td><strong>17.874 \u20ac<\/strong><\/td><\/tr><tr><td><strong>TCO3<\/strong><\/td><td><strong>9.221 \u20ac<\/strong><\/td><td><strong>9.403 \u20ac<\/strong><\/td><td><strong>12.110 \u20ac<\/strong><\/td><td><strong>14.257 \u20ac<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">What the table shows.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>An electric car ordered in 2027<\/strong> costs 195 \u20ac a year more in TCO2 than the same car ordered in 2026: 144 \u20ac of tax on the 5 % of non-deductible costs, and a higher minimum CO2 contribution. This calculation keeps the other 2026 parameters, as not all 2027 amounts are known yet.<\/li>\n\n\n\n<li><strong>The plug-in hybrid<\/strong> has the same TCO1 and the same BIK as the electric car, thanks to its 35 g homologated emissions. The whole gap is in TCO2: 2.889 \u20ac of tax a year, because its costs are no longer deductible. This is where TCO1 misleads the most.<\/li>\n\n\n\n<li><strong>The petrol car<\/strong> combines the 3 effects: a CO2 contribution multiplied by 4 in 2026 for vehicles acquired since 1 July 2023, a BIK 3 times higher, and non-deductible costs. Its TCO2 exceeds that of the electric car by 5.637 \u20ac a year, at an identical car cost.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The CO2 values are those of the petrol and plug-in hybrid versions of the same SUV, taken from <a href=\"https:\/\/www.nextmobility.be\/en\/post-2\/benefit-in-kind-electric-car-2026\/\">our article on the 2026 benefit in kind<\/a>. For the plug-in hybrid, the CO2 contribution is counted at the minimum, as the formula gives a lower result.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>And the announced extension for plug-in hybrids?<\/strong> The 2025 coalition agreement planned to keep their deductibility at 75 % until end 2027, then 65 % in 2028 and 57,5 % in 2029, for models under 50 g of CO2. For companies, this measure was dropped in June 2025, as the European Commission considered it contrary to the climate commitments of the Belgian recovery plan. Only an exception for self-employed individuals remains, until end 2026. For a company, a plug-in hybrid ordered in 2026 is therefore indeed at 0 %.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">4. &#8220;Commercial TCO&#8221; and &#8220;fiscal TCO&#8221;: ask for the list of items<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Neither label appears in any legal text. Their content depends on who is speaking.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Commercial TCO.<\/strong> Profacility and FLEET.be associate it with TCO3, popular with leasing companies because it gives the lowest figure. In an offer, the word can also mean a lease with energy, or a TCO1.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fiscal TCO.<\/strong> FLEET.be describes TCO2 as a &#8220;more fiscal&#8221; calculation, because it includes the tax on disallowed expenses. Others call the net cost after tax &#8220;fiscal&#8221;, so TCO3.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even TCO1 is not stable. FLEET.be&#8217;s includes non-recovered VAT, Profacility&#8217;s does not: 10,5 % of the lease (21 % \u00d7 50 %) can separate two &#8220;TCO1&#8221; figures.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Two practical rules follow. Compare two vehicles at the same level, never the TCO3 of one with the TCO2 of the other. And for any figure you receive, ask for the list of items it contains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">One also reads that &#8220;the law defines TCO1, TCO2 and TCO3&#8221;. That is incorrect: the only TCO defined by a legal text is that of the mobility budget.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">5. Which TCO for the mobility budget: the legal calculation<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Since 1 January 2024, the Royal Decree of 10 September 2023 sets the calculation. The employer chooses between two methods. The choice applies to all employees and for 3 years (art. 7\/6).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Method 1, actual costs (art. 7\/1 and 7\/3).<\/strong> The average annual cost of the car over the last 4 years, or over the available period if shorter, keeping only the items on the legal list that the car policy provides for. The list includes the tax on non-deductible costs and on the disallowed share of the BIK, and does not deduct the corporate tax saving. It is a TCO2.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Method 2, the flat rate (art. 7\/2 and 7\/4).<\/strong> For a car under operational lease: the lease, the 3-year average of costs outside the contract, lost VAT, tax on the non-deductible share, the CO2 contribution, and a conventional energy cost if energy is not in the contract.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Flat-rate km<\/strong> = 6.000 private km + 2 \u00d7 200 days \u00d7 home-work distance<\/li>\n\n\n\n<li><strong>Cost\/km<\/strong> = 30 % of the quarterly mileage allowance of the federal civil service, so 30 % \u00d7 0,4452 = 0,1336 \u20ac from 1 October to 31 December 2026<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">For an owned car, the flat rate is 25 % of the catalogue value, plus the CO2 contribution and the conventional energy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>A difference between the two methods.<\/strong> The actual-cost list includes the tax on the disallowed share of the BIK. The flat-rate lease formula does not mention it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>From TCO to budget.<\/strong> The employee&#8217;s personal contribution is deducted (art. 7\/5), then the result is capped. In 2026: minimum 3.233 \u20ac, maximum 20 % of total gross annual pay, capped at 17.244 \u20ac.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>In our example<\/strong>, with a home 20 km from work, close to the Belgian average of 21,0 km by road (federal commuting survey 2021, FPS Mobility and Transport):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><\/th><th>Calculation<\/th><th>Annual budget<\/th><\/tr><\/thead><tbody><tr><td>Actual costs<\/td><td>TCO2<\/td><td>12.237 \u20ac<\/td><\/tr><tr><td>Flat rate<\/td><td>8.400 + 300 + 914 of lost VAT + 508 + 14.000 km \u00d7 0,1336<\/td><td>11.991 \u20ac<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The flat rate is 246 \u20ac below actual costs here. Conventional energy (1.870 \u20ac) stays below actual energy (1.944 \u20ac), and the flat rate does not count the 171 \u20ac of tax on the BIK. With home charging only at the CREG tariff (1.660 \u20ac), the order would reverse: the flat rate would exceed actual costs by 39 \u20ac. As the choice binds the whole company for 3 years, both methods are worth simulating on the real fleet before deciding.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What could change.<\/strong> The obligation to offer a mobility budget is planned for 1 January 2027 for employers with 50 employees or more, and 1 January 2028 between 15 and 50. It has not yet been voted: it is a preliminary draft law (Securex, page checked on 02\/10\/2026). In their opinion of 29 April 2026, the social partners (CNT and CCE) ask among other things to simplify the TCO calculation: remove the average of costs outside the contract from the lease flat rate, reduce the actual-cost average from 4 to 2 years, and show the flat-rate TCO on lease documents.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">6. Who gains when an employee moves to the budget<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For the employee, TCO2 becomes the envelope. What is not allocated to a pillar 1 car can go to pillar 2, exempt, or to pillar 3, in cash after a 38,07 % contribution.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the employer, the calculation fits in two lines.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>With the car, its net cost is TCO3.<\/li>\n\n\n\n<li>With the budget, it pays TCO2. The share allocated to pillars 2 and 3 is fully deductible as a business expense (official mobility budget FAQ, question 9.17). Its net cost is therefore 75 % of TCO2.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The difference between the two equals the corporate tax rate applied to the tax on disallowed expenses that the employer was paying on the car.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Employer gain = Corporate tax rate \u00d7 tax on disallowed expenses<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>On the electric car of the example<\/strong>: 25 % \u00d7 171 = 43 \u20ac a year. Net cost of the car 9.221 \u20ac, net cost of the budget 9.178 \u20ac. The operation is practically neutral.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>On the 3 other cars of section 3<\/strong>, the tax on disallowed expenses is higher, and the gain follows.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><\/th><th>Electric 2026<\/th><th>Electric 2027<\/th><th>Plug-in hybrid 2026<\/th><th>Petrol 2026<\/th><\/tr><\/thead><tbody><tr><td>Net cost of the car (TCO3)<\/td><td>9.221 \u20ac<\/td><td>9.403 \u20ac<\/td><td>12.110 \u20ac<\/td><td>14.257 \u20ac<\/td><\/tr><tr><td>Net cost of the budget (75 % of TCO2)<\/td><td>9.178 \u20ac<\/td><td>9.324 \u20ac<\/td><td>11.345 \u20ac<\/td><td>13.406 \u20ac<\/td><\/tr><tr><td><strong>Annual employer gain<\/strong><\/td><td><strong>43 \u20ac<\/strong><\/td><td><strong>79 \u20ac<\/strong><\/td><td><strong>765 \u20ac<\/strong><\/td><td><strong>851 \u20ac<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For the petrol car, the TCO2 of 17.874 \u20ac exceeds the legal cap of the mobility budget (17.244 \u20ac in 2026). The budget would therefore be limited to 17.244 \u20ac: the employee would receive 630 \u20ac less than the cost of the car, and the employer gain would rise to 1.324 \u20ac.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Three clarifications.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The budget is capped at 20 % of gross pay and at 17.244 \u20ac. A high TCO2 can hit that cap.<\/li>\n\n\n\n<li>If the employee keeps a car in pillar 1, that share remains subject to the tax treatment of a company car. The gain only concerns what moves to pillars 2 and 3.<\/li>\n\n\n\n<li>This calculation does not count the cost of setting up and managing the budget.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The employer therefore loses nothing by calculating the budget on TCO2, as the law requires. On a recent electric fleet, the operation is neutral. On the combustion cars still in the fleet, it works in its favour.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">7. What about the TCO of a van?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Everything above applies to cars. A light commercial vehicle, in the tax sense of the term, follows other rules, and its TCO is not calculated with the same building blocks.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No private use, no BIK.<\/strong> A van used only for business purposes, without commuting, generates neither a BIK nor a CO2 contribution. The employer should be able to demonstrate this, for example with a written ban on private use in its policy.<\/li>\n\n\n\n<li><strong>With private use, the BIK is assessed at its actual value<\/strong>, not with the catalogue value formula: the actual costs of the vehicle in proportion to private kilometres. For this calculation, commuting counts as private use.<\/li>\n\n\n\n<li><strong>The CO2 contribution follows another rule<\/strong>: the social security office does not treat commuting as private use. A van used only for commuting can therefore generate a BIK without a CO2 contribution.<\/li>\n\n\n\n<li><strong>Costs remain 100 % deductible<\/strong> in 2026, even with a combustion engine. The tax on non-deductible costs, which weighs 2.889 \u20ac on the petrol car in our example, is therefore zero for a van.<\/li>\n\n\n\n<li><strong>VAT is recovered far better.<\/strong> For a car, the deduction is capped at 50 %. For a light commercial vehicle, it is 100 % when private use is negligible. With mixed use, the employer can count kilometres or apply a specific flat rate of 85 %.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What this gives in the TCO calculation.<\/strong> The formulas of section 2 remain valid; it is the values of the building blocks that change.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Block<\/th><th>Car<\/th><th>Light commercial vehicle<\/th><\/tr><\/thead><tbody><tr><td>Lost VAT<\/td><td>At least 50 % of the VAT<\/td><td>0 % in business use, 15 % with the 85 % flat rate<\/td><\/tr><tr><td>% deductible<\/td><td>100 % (electric 2026) to 0 % (combustion 2026)<\/td><td>100 %, whatever the powertrain<\/td><\/tr><tr><td>BIK<\/td><td>Catalogue value formula<\/td><td>Actual value, in proportion to private kilometres, or no BIK<\/td><\/tr><tr><td>CO2 contribution<\/td><td>Always due<\/td><td>Only due with private use beyond commuting<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">On the 8.700 \u20ac of lease and costs in our example, lost VAT is 914 \u20ac for a car. For a van, it would be 0 \u20ac in strictly business use, and 274 \u20ac with the 85 % flat rate (21 % \u00d7 15 % \u00d7 8.700).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Three consequences. The TCO1 of a van is relieved of the VAT. Its TCO2 is very close to its TCO1, even with a combustion engine, since there is no tax on non-deductible costs. And a vehicle registered as a van that does not meet the tax definition of a light commercial vehicle is treated as a car, with all the rules of this article.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The definition of the light commercial vehicle and the details of its BIK are in <a href=\"https:\/\/www.nextmobility.be\/en\/post-2\/benefit-in-kind-electric-car-2026\/\">our article on the 2026 benefit in kind<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">8. What this changes for your car policy<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Express the category grid in TCO2<\/strong>, not in catalogue price or in lease alone. It is the only unit common to the car and the budget.<\/li>\n\n\n\n<li><strong>Check the level of each figure<\/strong> before comparing two offers or two powertrains.<\/li>\n\n\n\n<li><strong>Simulate actual costs and the flat rate<\/strong> on the existing fleet before choosing, since the choice applies for 3 years.<\/li>\n\n\n\n<li><strong>Document the assumptions<\/strong>: share of VAT recovered, % BIK disallowed, tax rate. They explain most of the gaps between two calculations.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">At Next Mobility, we support Belgian employers on car policy, the mobility budget and fleet electrification. <a href=\"https:\/\/www.nextmobility.be\/en\/supporting-you\/\">Let&#8217;s talk about your situation<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently asked questions about company car TCO<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is the TCO of a company car?<\/strong> The total annual cost of the vehicle for the employer: lease or depreciation, energy, costs outside the contract, non-recovered VAT, CO2 contribution and, depending on the level, taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>What is the difference between TCO1, TCO2 and TCO3?<\/strong> TCO1 adds up cash costs. TCO2 adds the tax on disallowed expenses. TCO3 removes the corporate tax saving.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Which TCO should be used for the mobility budget?<\/strong> The one defined by the Royal Decree of 10 September 2023, calculated on actual costs or at the flat rate. Its scope is that of a TCO2, never a TCO3.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Does a non-profit association have a TCO2 and a TCO3?<\/strong> It has a TCO2, calculated like a company&#8217;s since 1 January 2026. It has no TCO3, as it has nothing to deduct.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sources<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Royal Decree of 10 September 2023, art. 7\/1 to 7\/6: <a href=\"https:\/\/refli.be\/fr\/lex\/2023045261\">https:\/\/refli.be\/fr\/lex\/2023045261<\/a><\/li>\n\n\n\n<li>Official mobility budget FAQ, question 9.17: <a href=\"https:\/\/lebudgetmobilite.be\/fr\/9-statut-du-budget-mobilite\">https:\/\/lebudgetmobilite.be\/fr\/9-statut-du-budget-mobilite<\/a><\/li>\n\n\n\n<li>Securex, quarterly mileage allowance from 01\/10\/2026 (0,4452 \u20ac\/km): <a href=\"https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/nouvelle-indemnite-kilometrique-avec-indexation-trimestrielle-a-partir-du-1er-octobre-2026\">https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/nouvelle-indemnite-kilometrique-avec-indexation-trimestrielle-a-partir-du-1er-octobre-2026<\/a><\/li>\n\n\n\n<li>Securex, mandatory mobility budget from 2027: <a href=\"https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/budget-mobilite-obligatoire-a-partir-de-2027\">https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/budget-mobilite-obligatoire-a-partir-de-2027<\/a><\/li>\n\n\n\n<li>Securex, social and tax treatment of the third pillar: <a href=\"https:\/\/www.securex.be\/fr\/lex4you\/employeur\/themes\/mobilite\/budget-de-mobilite\/traitement-social-et-fiscal-du-troisieme-pilier-le-solde-du-budget-de-mobilite\">https:\/\/www.securex.be\/fr\/lex4you\/employeur\/themes\/mobilite\/budget-de-mobilite\/traitement-social-et-fiscal-du-troisieme-pilier-le-solde-du-budget-de-mobilite<\/a><\/li>\n\n\n\n<li>Attentia, opinion 2.485 of the social partners (CNT\/CCE), 27\/05\/2026: <a href=\"https:\/\/www.attentia.be\/fr\/actualites\/budget-mobilite-avis-du-cnt-et-du-cce\/\">https:\/\/www.attentia.be\/fr\/actualites\/budget-mobilite-avis-du-cnt-et-du-cce\/<\/a><\/li>\n\n\n\n<li>BDO, corporate tax key figures, disallowed expenses, 24\/08\/2026: <a href=\"https:\/\/www.bdo.be\/fr-be\/publications\/news-alerts\/2026\/chiffres-cles-impot-des-societes-depenses-non-admises\">https:\/\/www.bdo.be\/fr-be\/publications\/news-alerts\/2026\/chiffres-cles-impot-des-societes-depenses-non-admises<\/a><\/li>\n\n\n\n<li>Cellule Mobilit\u00e9 AKT, what changes in 2026: <a href=\"https:\/\/www.mobilite-entreprise.be\/mobilite-tout-ce-qui-change-en-2026\/\">https:\/\/www.mobilite-entreprise.be\/mobilite-tout-ce-qui-change-en-2026\/<\/a><\/li>\n\n\n\n<li>Moniteur Automobile, deductibility 2026: <a href=\"https:\/\/www.moniteurautomobile.be\/conseils-auto\/la-deductibilite\/deductibilite-fiscale-regles-en-2026.html\">https:\/\/www.moniteurautomobile.be\/conseils-auto\/la-deductibilite\/deductibilite-fiscale-regles-en-2026.html<\/a><\/li>\n\n\n\n<li>FLEET.be, difference between TCO, TCO2 and TCO3, 13\/02\/2023: <a href=\"https:\/\/www.fleet.be\/connaissez-vous-la-difference-entre-tco-tco2-e-tco3\/?lang=fr\">https:\/\/www.fleet.be\/connaissez-vous-la-difference-entre-tco-tco2-e-tco3\/?lang=fr<\/a><\/li>\n\n\n\n<li>FPS Mobility and Transport, federal commuting survey 2021-2022 (average 21,0 km): <a href=\"https:\/\/mobilit.belgium.be\/sites\/default\/files\/domain\/sustainable%20mobility\/Rapport_WWV_2021-2022_FR.pdf\">https:\/\/mobilit.belgium.be\/sites\/default\/files\/domain\/sustainable%20mobility\/Rapport_WWV_2021-2022_FR.pdf<\/a><\/li>\n\n\n\n<li>CREG, home charging reimbursement tariff, Q4 2026 (Flanders 32,25, Brussels 36,88, Wallonia 37,79 cents per kWh): <a href=\"https:\/\/www.creg.be\/fr\/consommateurs\/prix-et-tarifs\/tarif-creg-pour-le-remboursement-de-la-recharge-a-domicile-des\">https:\/\/www.creg.be\/fr\/consommateurs\/prix-et-tarifs\/tarif-creg-pour-le-remboursement-de-la-recharge-a-domicile-des<\/a><\/li>\n\n\n\n<li>Electra, prices in Belgium (0,54 to 0,75 \u20ac per kWh incl. VAT without subscription, checked on 05\/10\/2026): <a href=\"https:\/\/www.go-electra.com\/en\/price\/\">https:\/\/www.go-electra.com\/en\/price\/<\/a><\/li>\n\n\n\n<li>100 % deductibility of the CO2 contribution: Toyota Belgium (<a href=\"https:\/\/fr.toyota.be\/professionnels\/taxes-et-reglement\/cotisation-co2\">https:\/\/fr.toyota.be\/professionnels\/taxes-et-reglement\/cotisation-co2<\/a>) and Ayvens (<a href=\"https:\/\/www.ayvens.com\/nl-be\/over-ayvens\/blog\/mobiliteit\/fiscaliteit-van-bedrijfswagens-wat-je-moet-weten-voor-2025\/\">https:\/\/www.ayvens.com\/nl-be\/over-ayvens\/blog\/mobiliteit\/fiscaliteit-van-bedrijfswagens-wat-je-moet-weten-voor-2025\/<\/a>)<\/li>\n\n\n\n<li>Securex, solidarity contribution 2026 (minimum 33,93 \u20ac or 42,34 \u20ac per month, multiplier 4, 5,5 in 2027): <a href=\"https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/voiture-de-societe-la-cotisation-de-solidarite-pour-2026-est-connu\">https:\/\/www.securex.be\/fr\/lex4you\/employeur\/actualites\/voiture-de-societe-la-cotisation-de-solidarite-pour-2026-est-connu<\/a><\/li>\n\n\n\n<li>DirectLease, VAT recovery by a company: <a href=\"https:\/\/service.directlease.be\/hc\/fr-be\/articles\/360000554085-Une-entreprise-peut-elle-r%C3%A9cup%C3%A9rer-la-TVA-pay%C3%A9e\">https:\/\/service.directlease.be\/hc\/fr-be\/articles\/360000554085-Une-entreprise-peut-elle-r%C3%A9cup%C3%A9rer-la-TVA-pay%C3%A9e<\/a><\/li>\n\n\n\n<li>La Libre, taxation of hybrid company cars, 27\/06\/2025: <a href=\"https:\/\/www.lalibre.be\/economie\/conjoncture\/2025\/06\/27\/fiscalite-des-voitures-de-societe-hybrides-larizona-contraint-de-faire-marche-arriere-ABG2KP2PZVDKXHGCKNMJKQFZJM\/\">https:\/\/www.lalibre.be\/economie\/conjoncture\/2025\/06\/27\/fiscalite-des-voitures-de-societe-hybrides-larizona-contraint-de-faire-marche-arriere-ABG2KP2PZVDKXHGCKNMJKQFZJM\/<\/a><\/li>\n\n\n\n<li>Securex, company cars and legal entities tax since 1 January 2026: <a href=\"https:\/\/www.securex.be\/fr\/lex4you\/employeur\/themes\/mobilite\/voiture-de-societe\/deductibilite-fiscale-reduite-depuis-le1er-juillet-2023\">https:\/\/www.securex.be\/fr\/lex4you\/employeur\/themes\/mobilite\/voiture-de-societe\/deductibilite-fiscale-reduite-depuis-le1er-juillet-2023<\/a><\/li>\n\n\n\n<li>Mbrella, TCO calculation: <a href=\"https:\/\/www.mbrella.eu\/tco-calculation\">https:\/\/www.mbrella.eu\/tco-calculation<\/a><\/li>\n\n\n\n<li>Profacility, TCO as the reference for fleet management: <a href=\"https:\/\/www.profacility.be\/fr\/news\/le-tco-la-reference-essentielle-pour-le-fleet-management\">https:\/\/www.profacility.be\/fr\/news\/le-tco-la-reference-essentielle-pour-le-fleet-management<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The TCO of a company car (total cost of ownership) is what the vehicle really costs the employer over a year: lease, energy, levies and taxes included. In Belgium it comes in 3 levels, TCO1, TCO2 and TCO3, and TCO2 is the one that serves as the basis for the mobility budget. The same electric [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4172,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[66],"tags":[61,44],"class_list":["post-4178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-post-2","tag-budget-mobilite","tag-gestion-de-flotte"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Company car TCO in Belgium: TCO1, TCO2, TCO3- Next Mobility<\/title>\n<meta name=\"description\" content=\"Company car TCO in Belgium: what TCO1, TCO2 and TCO3 contain, which one the law imposes for the mobility budget, and a 2026 example.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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