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Surprise surprise, they agreed to do the bare minimum to keep the war running. Let's remember who negotiated it. If war with Russia starts in the future they will claim they did everything they could to prevent it. They didn't.
Belgium needs to wake up, because Russia won't stop at Ukraine. Appeasement doesn't work. The only thing bullies understand is getting beaten. It's way less expensive, in terms of both blood and money, to fund Ukraine's fight than to let the cancer spread.
I'm not behind our prime minister at all, but the core of what he's saying is "we'll only do this if we share the risks involved among the whole EU". Given that no-one seems to be willing to do that, it would appear that he has a point that the risks are significant. I also heard him call the idea "theft", which sounds crazy in the context we're in. But then he's talking about the practice of taking money from countries we're not at war with, setting a bad precedent if you want to be a financial center for the world. That one's a little far fetched, even without a formal declaration of war, Russia isn't just a random country at this point we have a few issues with.
Yeah, the thing is there's no way to "share the risk". Belgium is legally responsible for the money. Other countries can promise or sign obligations that they will pay it back to Belgium in case they are held responsible in the future but in the end there's no way to guarantee it (governments can change, countries can pull out of treaties). So he's basically saying "we only do this if you do something impossible". In the end it's his decision to take and he decided he would rather not help.
All the money in Russian assets should be given to Ukraine in form of aid and weapons.
But, there is money to be made on the war so of course loaning that money is a way better option to bankers and wealthy businessmen around Europe.