Crypto tax in Belgium
Until the end of 2025 Belgium did not tax the capital gains that private investors made on shares, bonds or crypto in the normal management of their wealth. Since January 1, 2026 a capital gains tax of 10 percent applies to financial assets, crypto included, with an annual exemption of 10,000 euros. Dated events on digital assets are in the calendar below.
The 10 percent tax
Finance Minister Jan Jambon announced the tax, which covers shares and cryptocurrencies alike, Gulf News reported: 10 percent on realized gains, with the first 10,000 euros a year exempt, or 15,000 euros for investors without capital gains in the previous five years. Only gains made after the start count. For crypto bought before 2026, the market value on December 31, 2025 is the tax purchase price, as Waltio explains.
According to EY, a crypto gain is taxable when tokens are exchanged for other tokens, for euros or for goods and services, and unused exemption can be carried forward at up to 1,000 euros a year and 5,000 euros in total. Banks and brokers withhold the tax for Belgian clients, but not on crypto gains, which investors declare themselves.
Three investor profiles
The 10 percent rate is for normal private management: buying and holding with own money and few transactions. Frequent trading, automated tools or leverage make an investor a speculator, taxed at 33 percent as miscellaneous income plus municipal surcharges. Crypto as a main activity is professional income at progressive rates of 25 to 50 percent, according to Waltio. Staking, lending and other rewards are taxed as movable income at 30 percent on receipt, without the 10,000 euro exemption.
Finance Loop, the meeting place for crypto investors
Finance Loop is the meeting place for investors and wealth managers who hold crypto next to shares and bonds, and for the tax advisers who work for them. Its masterclass Bitcoin for Investors covers portfolio fit, access routes and custody models, and the German and Austrian tax rules have their own pages for comparison. Finance Loop connects the finance, IT and AI communities at events in Frankfurt, Munich, Berlin and Hamburg.
Upcoming events on digital assets
Investment & Digital Assets
Risk & Compliance
How much tax do I pay on crypto in Belgium?
Since January 1, 2026, 10 percent on gains above 10,000 euros a year for an investor in normal private management. Speculative trading pays 33 percent, staking rewards 30 percent.
Are crypto gains from before 2026 taxed in Belgium?
Not for an investor in normal private management. The market value on December 31, 2025 is the tax purchase price, so only later gains count.
Is a crypto-to-crypto swap taxed in Belgium?
Yes, according to EY: a gain is taxable when tokens are exchanged for other tokens, for euros or for goods and services.
Crypto tax in Belgium and Finance Loop
Finance Loop covers crypto taxation in its Investment & Digital Assets track, next to custody, crypto funds and the reporting rules of DAC8. Finance Loop brings investors and their advisers from Germany, Austria and Switzerland together at events in Frankfurt, Munich, Berlin and Hamburg.
Finance Loop is a professional network and has the goal of driving the adoption of emerging technologies in finance, such as AI, digital payments, cloud and blockchain solutions. Finance Loop helps its members build skills and personal networks in these fields: Investment & Digital Assets, Payments & Digital Money, Digital Infrastructure & Sovereignty, and Risk & Compliance.