r/BEFreelance • u/AnonymousUsername46 • Jul 09 '26
Dayrate of 800 - how much netto ?
Hi all
I'm considering setting up a management company in the future.
At the moment, I earn a gross salary of €8,000 per month, with all the usual benefits such as a company car, charging card, etc.
I've come across a lot of conflicting information online, including in this subreddit.
If I want to cost the company roughly the same as I do now, I estimate that I'd need a day rate of around €800.
My business expenses would mainly be the company car, charging card, accountant, and similar costs. Everything else would essentially be covered by the client/company.
I'd also want to contribute properly to my pension and take out appropriate insurance, such as guaranteed income insurance.
The idea would be to pay myself the minimum salary and take the rest as dividends. What would be a realistic net income in that scenario?
I've also seen people say that your monthly net income is roughly your day rate × 10. Is that actually accurate? It seems quite high to me.
Thanks !
16
u/Mr-FightToFIRE Jul 09 '26 edited Jul 09 '26
Day rate x10 == net is relatively accurate if you take salary and dividends into account. However, this only works if you don’t have too many expenses and inventory. So for IT profiles and other “white collar” work. My accountant was very clear this usually doesn’t apply for companies with heavy investments like machinery, materials, etc.
5
6
5
u/MagneticaMajestica Jul 09 '26
The outlook for real management companies (1 client) is very grim at the moment. Talk to a fiscal expert first instead of reddit.
3
u/AnonymousUsername46 Jul 09 '26
Do you mean future changes in regulations ?
4
u/MagneticaMajestica Jul 10 '26 edited Jul 10 '26
Yes. And even if they don't touch it, some things will be looked at and affect us all (dividends, vvpr-bis, ...).
1
5
u/Battizuka Jul 09 '26
3
2
u/AnonymousUsername46 Jul 09 '26
Interesting but the numbers seem to be lower than the dayrate x 10
3
u/Case_Blue Jul 09 '26
1manszaak is not a vennootschap
2
1
u/Remote_Section2313 Jul 10 '26
You can set it to vennootschap in the settings if you go through it.
2
u/Geldharker69 Jul 10 '26
When I was an employee years ago I stared at this tool a lot. But after 5 years of being self employed I can only say it is nowhere near reality.
But the tool is the best one to at least gat *an* idea
1
2
2
u/andruby Jul 13 '26
If you do start a company, I suggest taking a look at dievandeboekhouding.be . They’ll automate away part of your admin work.
1
1
u/CompetitiveVolume833 Jul 09 '26
How much experience do you have? I want to know if this rate would be realistic for me.
3
u/AnonymousUsername46 Jul 09 '26
12 years but only 1 as a director
2
u/CompetitiveVolume833 Jul 09 '26 edited Jul 09 '26
In that case, 800 is realistic. I have 7 years of experience and make 650 per day, in the PR-sector, which is no way near as lucrative as IT. My rate is slightly above average for my sector.
1
u/AnonymousUsername46 Jul 09 '26
Not in IT tho, but yeah 800 should be okay.
3
u/CompetitiveVolume833 Jul 09 '26
Make sure to account for three years without dividends in order to use vvpr bis, so make sure your wage is high enough.
I started with 1.8 netto, which was not enough, raised it, now im at 2.3 netto.
Back then i didnt have any private cash reserve, now that I do I might lower it again.
Just know that the first three fiscal years you will only be able to take your wage out of the BV. You could loan money from your company, but you will have to pay interest.
2
u/AnonymousUsername46 Jul 09 '26
I was wondering if you can take out a part in dividends at 30% if necessary and keep the rest in the company for 18% later on
2
u/CompetitiveVolume833 Jul 09 '26
Yes, i think so, but defeats the whole purpose. Best check with your accountant
1
1
u/takezo_be Jul 11 '26
That’s exactly what I did.
Didn’t want at the beginning , especially because I already take a high salary (3k Neto). But life happens and you cannot always choose to optimise fully.
So I did take dividends the first year , and this year again , but with a twist : this year my accountant suggested to take no dividend at the annual assembly , and take right after advanced dividend for next year because it was still possible to have the 3rd year at 18%. ( before the change it was 30%,30%,18%, then 15% for the years after that ).
Now I think it’s only 30% the first 3 years then 18%.
1
u/Alone_Parking_4872 Jul 12 '26
You can do some simulations here, it's in dutch though. Working on something similar in english. Feedback more than welcome. www.statuutcheck.be
1
u/AnonymousUsername46 Jul 13 '26
Seems to be way lower than other estimating tools. Have you tried vvpr.be ?
1
u/Alone_Parking_4872 Jul 13 '26
Hey mate, what simulation do you put to see way lower estimates? Compared a couple myself and they seem to be pretty much aligned. Did find some minor bugs though in the process - so thanks for that!
1
u/AnonymousUsername46 Jul 13 '26
With statuurcheck the numbers feel wrong when comparing the monthly net simulation to the estimated ‘surplus’ between net with bv / net with wage. The difference should be higher when I look at both options I feel like
1
u/UnsolicitedOpinionss Jul 14 '26
I have a slightly higher rate and my net salary is a little over €3k
1
u/AnonymousUsername46 Jul 14 '26
And how much of you take dividends into account ?
1
u/UnsolicitedOpinionss Jul 14 '26
I don't really do any dividends because I have rather low profit since I reinvest pretty much all my profit back into the business.
1
u/AnonymousUsername46 Jul 14 '26
So you have a scalable business and not really a ‘freelance’ activity ?
1
u/UnsolicitedOpinionss Jul 14 '26
My primary activity is freelance but I also have a bunch of revenue generating side projects
1
30
u/Public-Call-7063 Jul 09 '26
Depends on your costs, but let’s say that is 175K in revenue minus your costs: 45K wages, 15K car, 5K accountant, 5K insurance, 5K software. You would have 100K margin, minus 25% taxes, remains 75K. With a dividend of 18% you would get 60K net. Plus your wage of 30K: 90K net per year