Potential 2025 price increases in Belgian moving sector
The Director of the Belgian Chamber of Movers (BKV), warns Belgium's moving sector to expect substantial obstacles in 2025 due to rising operational costs. The director (KoenVangoidsenhoven) of the BKV, advises that their recent study shows sharp increases in labor (3.8%), fuel (11.7%), and general operating costs (3.2%), with the health index further impacting around 20% of total expenses. Using a weighted average formula, the study calculates a minimum cost increase of 5.7%, prompting Vangoidsenhoven to encourage moving companies to reflect the increase in their 2025 rates. He emphasizes the urgency for businesses to adjust rates and contracts to navigate these financial pressures and maintain sustainability in the sector. (FEDEMAC NEWS, “Belgian movers should increase prices” 12/19/2024)