Invoicing and payment
Invoicing contributions and payment terms 2023-2024
First invoice: the 2022 settlement*
In april 2023, Valumat sends a settlement of the past year (2022).
The settlement is the difference between the actual contribution for 2022 (see 2022 declaration) and the advances already invoiced and paid for 2022.
This invoice is payable within 30 days.
Three advance invoices 2023
Valumat sends three advance invoices for 2023 to the participants at the same time. The total advance financing is calculated as follows: number of mattresses placed on the Belgian market in 2022 multiplied by the rates of 2023.
The first invoice of 25% of the amount is payable within May 31 2023.
The second invoice of 25% of the amount is payable within August 31 2023.
The third invoice of 25% of the amount is payable within November 30 2023.
This means that each year participants only have to pay 75% of the advance financing due for 2023 in 2023. The balance of 25% will be settled in April 2024 together with the settlement for the year 2023. The 2023 settlement is the difference between the actual contribution for 2023 and the advances already invoiced and paid for 2023.
This ensures that the pre-financing for the participants is limited and that the totality of the VAT charged can be immediately recovered.
Click here for the timeline of declaration, invoicing and payment.