Operational Leasing

Operational leasing contracts are drawn up in accordance with your specific requirements. All the services listed below are or can be included in the contract.

This formula is a long-term rental agreement and covers:

• Financial rental
• Budget for servicing and repairs
• Taxes (motor vehicle tax, road tax)
• Breakdown assistance:
  • 24h/24
  • in the event of a mechanical breakdown, accident, theft or vandalism
  • valid in Belgium and abroad
  • courtesy car for ten days if the vehicle is immobilised and after the intervention of the VTB-VAB breakdown service
• All-risks insurance (civil liability, risk retention, legal aid)
• Driver’s insurance  (optional)
• Budget for tyre replacement (winter tyres optional)
• Fuel (optional as of fleet > 10 vehicles)

Accounting and tax aspects

• Operational leasing is an off-balance-sheet transaction. This means that as the client you do not include the vehicle under the assets on your balance sheet, but can book the monthly invoices immediately as expenses
• In terms of taxation you as the client do not have to book the write-down yourself, as you do not enter the vehicle under the assets

 

Your benefits

• 100% financing without encumbering the operating capital
• No prefinancing of VAT, insurance premiums and taxes
• You do not pay VAT on the residual value, only on the capitalised portion
• Maximum residual value results in a low monthly rental
• Clear budgeting
• You do not assume any financial or operating risk
• Simple administration (just one invoice per month)
• You remain mobile at all times (certainty of breakdown assistance)
• Clear communication and prompt claims management
• Optimal technical and administrative follow-up and reporting on your fleet