Whether you're a freelancer, a small business owner or a representative of a large company, the quotation is often the first real step toward a collaboration. But what exactly is a quote, and why is it so much more than a simple list of prices?
A quotation is a formal document in which you explain to a potential customer what you are offering, how much it will cost and under what conditions. It shows not only what you will deliver, but also that you work professionally, have listened to the customer’s wishes, and communicate clearly.
No, quotes are not required by law. However, in many sectors - such as construction, consulting or creative services - it is customary to provide a quote in advance. By preparing a clear quotation in advance, you avoid discussions afterwards. t also gives the (potential) client a clear overview of what goods or services will be delivered, and at what price.
Although a quote is not mandatory, in most situations it is mandatory to draw up an invoice once the service has been provided. That invoice must meet certain conditions under Belgian law, and can be sent either on paper or electronically.
Important: from January 1, 2026, structured electronic invoicing will be mandatory for all VAT-registered companies in Belgium. This means invoices must be sent in a structured format (such as UBL via the Peppol network) allowing them to be processed automatically by accounting software. This new legislation is part of the fight against VAT fraud and will further digitize administrative processes.
Whether a quote is binding depends on the type of quotation you make. In law, quotes are also called 'offers'. Specifically, there are the ordinary offer and the non-binding offer.
Ordinary (binding) quotation
With an ordinary offer, you are bound by your proposal. That means:
Tip: It is important to always attach conditions and a validity period to this. For example, "This quote is valid for 30 days from date of creation."
Free quote
A non-binding offer gives you more flexibility. You may, as the seller, modify the terms until the customer explicitly agrees. Once the customer accepts the quote, the agreement becomes legally binding. The only way to cancel the quote is to revoke it shortly after it has been accepted.
You send a quote, the client agrees, and you get to work enthusiastically. But during the execution of the job, there turn out to be extra costs - more hours, more expensive materials, or an unexpected change. And then the question arises, "Can you adjust the invoice? And if so, by how much?"
The answer depends on the type of agreement you made with your client.
Quote: a fixed price agreement
In most cases, a signed or accepted quote is considered a firm price agreement. Thus, the client may assume that the amount quoted is final.
Do you want to invoice more than stated in the quotation? Then this is only allowed in exceptional situations:
Without such an agreement, a higher invoice is not just legally valid. In many cases, a Belgian judge will rule in favor of the customer.
Target price: a little more slack
If you provide a target price instead of a fixed quote, you have a bit more flexibility. A target price is an estimate rather than a final amount. In that case, you might include a note such as "Indicative quote, subject to change."
Still, there are rules here, too:
Billtobox makes it easy to create and send quotes. Once a quote is approved by the customer, you can easily convert it into an invoice. More info on how to create a quote in Billtobox, check out our helpdesk article.
A good quotation is your first chance to make a strong impression. It offers clarity, prevents discussions and helps you come across as professional. And with tools like Billtobox , quotation management becomes simple and efficient.