Credit Risk Management
Looking Back: Credit Summer Event 2022
Looking Back: Livestream of the Credit Summer Event 2022. The annual event for the credit professional themed Sustainable Credit Management.
Looking Back: Livestream of the Credit Summer Event 2022. The annual event for the credit professional themed Sustainable Credit Management.
In augustus 2022 (peildatum 8-9-2022) zijn in totaal 166* faillissementen uitgesproken. This is 33 more than the number of bankruptcies last month, July 2022 (133), 40 more than the same period in 2021 (126).
In July 2022 (reference date 8-8-2022) a total of 133* bankruptcies were pronounced. That is 13 less than the number of bankruptcies pronounced last month, June 2022 (146), 9 more than in July 2021 (124).
On 22 September 2022, the annual Credit Summer Event will take place again at the Landgoed Veghel. The knowledge event for professionals in the Credit world will help answer the question: How can I, in my role as a credit manager, contribute to the pursuit of sustainable business operations?
A total of 191* bankruptcies were declared in May 2022 (reference date 10-6-2022). That's 85 more than the number of bankruptcies last month, April 2022 (106), 41 more than in May 2021 (150).
ESG scores to measure sustainability are in the making and companies are increasingly forcing themselves to be transparent about the organization's sustainable policies. It is logical that sustainability is now playing an increasingly important role in business, and where money is spent and invested there is a credit manager. As a result, the credit manager must also start paying attention to sustainability. What should you pay attention to?
A total of 106* bankruptcies were declared in April 2022 (reference date 10-5-2022). That's 79 fewer than the number of bankruptcies last month, March 2022 (185). In April 2021, the number was higher. At that time, 141 enterprises went bankrupt.
Per 1 juli 2023 zijn grootbedrijven in Nederland verplicht het MKB binnen 30 dagen te betalen. De wet geldt voor alle nieuwe en bestaande contracten van grootbedrijven met het MKB.
A new bill is currently being prepared to reduce the statutory payment terms of large companies to SMEs from 60 days to 30 days. This is in response to an earlier survey conducted by SME companies. This study revealed that large companies are increasingly late in paying SMEs.
In March 2022 (reference date 8-4-2022), a total of 185* bankruptcies were declared. That's 20 more than the number of bankruptcies last month, February 2022 (165). In March 2021, the number was slightly higher. Then 193 companies went bankrupt.
Since February 1, 2022, Belgian legislation has changed the payment terms between companies. Payment terms longer than 60 days have been annulled by law since February 1. The new standard payment term is 30 days with a maximum of 60 days if contractually agreed.
A total of 156 bankruptcies were declared in February 2022. That is 28 more than the number of bankruptcies last month, January 2022 (128), 27 more than in the same period in 2021 (129). Thus, a small increase can be observed and makes up for the number of missed bankruptcies since the introduction of state aid.
