Starting in 2025, Belgium is changing its NACE code, which may also affect Dutch companies with Belgian customers. This update may cause shifts in data and risk profiles, with possible consequences for customer segmentation, reporting and systems such as CRM and ERP. Therefore, it is smart to check your processes and data sources now and adjust them where necessary.
Starting September 1, 2025, CBS will adjust the classification of SBC codes to better reflect the modern economy. Sectors such as fintech, platform companies and sustainable initiatives will therefore be given an appropriate place in the classification. Among other things, this change affects your data setup, risk assessments and systems. Proper preparation prevents mistakes, delays and incorrect insights.
Your credit rating and credit limit determine how financial institutions and suppliers rate your business. A higher score ensures better terms and lower costs. Improvement requires a strategic approach: pay invoices on time, keep your financial records up-to-date and manage your business structure well. By acting consistently financially responsible, you will build a strong reputation and increase your credit opportunities
In 2025, we will introduce a powerful new bankruptcy score for Belgium, driven by advanced AI and a refined 3-layer structure. This score offers unparalleled accuracy and predicts risk more sharply than ever, allowing clients to make credit decisions faster and with greater certainty and take advantage of up to 25% more opportunities.
Trumpโs re-election can have major implications for Dutch and Belgian companies. Changes in trade policy, privacy regulations, energy policy, and geopolitical risks may require adjustments in strategy. Consider revisiting data flows, diversifying suppliers, and adapting to new regulations. In this article, youโll discover concrete steps to be prepared for these developments.
The integration of AI in credit management increases efficiency and accuracy, transforming the role of credit managers into more strategic tasks. Human expertise remains crucial in an AI-supported future.
We are KVK service provider, which gives us access to more and current data. This improves our services and provides clients with comprehensive and up-to-date business information. Discover more benefits in our blog.
In the Netherlands, the payment term from large companies to SMEs has already been changed from 60 days to 30 days. Now it strongly seems that the EU also wants to adopt a 30-day payment term, but for all commercial transactions and not only for large companies.
With the rise of social media and companies in the 'new economy', interest in applying AI for credit assessment grew again. A not insignificant part of these companies' investment in AI, is making it explainable (xAI).
A company is not a bank, but somewhere it is. Certainly larger companies that deliver to other companies (B2B) are often faced with the dilemma of whether or not to deliver in advance. Because while delivering ahead is customer-friendly, delivering also comes with its risks. How do you navigate the world of lending?ย
Doing business has long ceased to be a matter of good faith. Especially with larger companies, the risks involved are just far too high. The alternative: running credit checks on (potential) customers before you close a deal. But how do you do that properly?
With the broadest sense of credit provision, risks arise. Can the company repay this credit? Will this company pay on time? Is it wise to take risks occasionally, or is it better to avoid them or insure against them?
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