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33,3%33,3%33,3%
32,4%32,4%32,4%
DOMESTIC(BELGIUM)
PERCENTAGEOF
RESPONDENTSGRANTING
TRADECREDITTOPROMOTE
GROWTHOFB2BSALES
PERCENTAGEOF
RESPONDENTSGRANTING
TRADECREDITTOPROMOTE
GROWTHOFB2BSALES 37,7%37,7%37,7%
PROPORTIONOFSALES
MADEONCREDIT
TOTOTALB2BSALES
OFRESPONDENTS
PROPORTIONOFSALES
MADEONCREDIT
TOTOTALB2BSALES
OFRESPONDENTS 44,9%44,9%44,9%
FOREIGN(EUROPE)
34DAYS
W.EUROPEW.EUROPE
32DAYS
AVERAGEEXTENDEDPAYMENTTERMSRECORDEDINBELGIUM
% SALESONCREDIT?
INTERNATIONALSURVEYOF
B2BPAYMENTBEHAVIOUR
SURVEYRESULTSFORBELGIUM SPRING2015
0,9%0,9%
DOMESTIC
1,2%1,2%
FOREIGN
DOMESTICUNCOLLECTABLEB2BRECEIVABLES
AREMOSTOFTENREPORTEDONSALESTO
CONSTRUCTIONCONSUMERDURABLES,
BUSINESSANDFINANCIALSERVICESSECTORS
FOREIGNB2BWRITEOFFSAREMOSTFREQUENTLY
ATTRIBUTABLETOB2BCUSTOMERSIN
CONSTRUCTIONFOOD,MACHINES,METALSAND
TRANSPORT/LOGISTICSSECTORS
AVERAGEPAYMENTDELAY
AVERAGEPAYMENTTERM RECORDEDINW.EUROPE
OFTHETOTALVALUEOF
DOMESTICB2BINVOICES
WASNOTPAIDBY
THEDUEDATE
relativelysizeable.
-8,5% OFDOMESTIC(turnintocollectioncases)
-9% OFFOREIGNB2BINVOICES(turnintocollectioncases)
41,7%41,7%41,7%
THEDELINQUENCYFIGURE
OFTHETOTALVALUEOF
DOMESTICB2BINVOICES
WASNOTPAIDBY
THEDUEDATE40,2%40,2%40,2%
W.EUROPEBELGIUM
BELGIUM
W.EUROPE
OVERDUEBELGIANAND
W.EUROPEANB2BINVOICES
74,4%74,4%74,4% 66.4%66.4%66.4% 25%25% 21%21%21%
B2BRECEIVABLES
BELGIANRESPONDENTS
GranttheirBelgian
debtorsanaverageof35
daysfrom theinvoicedateto
payinvoices
BELGIANRESPONDENTS
Granttheirforeign
customersanaverageof
33daystosettletheir
tradedebts
Theaveragedomesticpaymentduration
isnow9dayslongerthanoneyearagoand
isbackatlevelseenin2013
KEYPAYMENTDELAYFACTORS
DOMESTICUNCOLLECTABLEB2BRECEIVABLES
(51,4%)
(50%) BELGIUM
W.EUROPE(37,0%)
(37,3%)
Primaryreasonforforeignpaymentdelaythe
percentageofbelgianrespondentsreporting
domesticlatepaymentduetothecustomers
financialdifficultiesfellsharply.Converselythere
wasasteadydecreaseinthefrequencyof
foreignpayment
Citedinsufficientavailabilityof
funds(from domesticcustomers)
UNCOLLECTABLEBECAUSECUSTOMER
WENTBANKRUPTOROUTOFBUSINESS
CUSTOMERSCOULDNOTBELOCATED
INCREASE=3% INCREASE=3%
DECREASE=4% DECREASE=4%
WESTERNEUROPE
GERMANY
BELGIUM
GREECE
33
22
34
53
1-30days 31-60days 61-90days over90days
75.0 17.1
13.7
26.5
5.3
5.4
1.3
5.9
17.5
2.5
1.3
2.5
14.7
92.1
77.9
42.0
thisterm increased
bysevendays
Averagepaymenttermsfor
foreigncustomersdidnot
changemarkedly
(INVOICESUNPAID90DAYS+AFTERDUEDATE)
5
6

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Infographic: De Payment Practices Barometer lente 2015

  • 1. www.atradius.be 33,3%33,3%33,3% 32,4%32,4%32,4% DOMESTIC(BELGIUM) PERCENTAGEOF RESPONDENTSGRANTING TRADECREDITTOPROMOTE GROWTHOFB2BSALES PERCENTAGEOF RESPONDENTSGRANTING TRADECREDITTOPROMOTE GROWTHOFB2BSALES 37,7%37,7%37,7% PROPORTIONOFSALES MADEONCREDIT TOTOTALB2BSALES OFRESPONDENTS PROPORTIONOFSALES MADEONCREDIT TOTOTALB2BSALES OFRESPONDENTS 44,9%44,9%44,9% FOREIGN(EUROPE) 34DAYS W.EUROPEW.EUROPE 32DAYS AVERAGEEXTENDEDPAYMENTTERMSRECORDEDINBELGIUM % SALESONCREDIT? INTERNATIONALSURVEYOF B2BPAYMENTBEHAVIOUR SURVEYRESULTSFORBELGIUM SPRING2015 0,9%0,9% DOMESTIC 1,2%1,2% FOREIGN DOMESTICUNCOLLECTABLEB2BRECEIVABLES AREMOSTOFTENREPORTEDONSALESTO CONSTRUCTIONCONSUMERDURABLES, BUSINESSANDFINANCIALSERVICESSECTORS FOREIGNB2BWRITEOFFSAREMOSTFREQUENTLY ATTRIBUTABLETOB2BCUSTOMERSIN CONSTRUCTIONFOOD,MACHINES,METALSAND TRANSPORT/LOGISTICSSECTORS AVERAGEPAYMENTDELAY AVERAGEPAYMENTTERM RECORDEDINW.EUROPE OFTHETOTALVALUEOF DOMESTICB2BINVOICES WASNOTPAIDBY THEDUEDATE relativelysizeable. -8,5% OFDOMESTIC(turnintocollectioncases) -9% OFFOREIGNB2BINVOICES(turnintocollectioncases) 41,7%41,7%41,7% THEDELINQUENCYFIGURE OFTHETOTALVALUEOF DOMESTICB2BINVOICES WASNOTPAIDBY THEDUEDATE40,2%40,2%40,2% W.EUROPEBELGIUM BELGIUM W.EUROPE OVERDUEBELGIANAND W.EUROPEANB2BINVOICES 74,4%74,4%74,4% 66.4%66.4%66.4% 25%25% 21%21%21% B2BRECEIVABLES BELGIANRESPONDENTS GranttheirBelgian debtorsanaverageof35 daysfrom theinvoicedateto payinvoices BELGIANRESPONDENTS Granttheirforeign customersanaverageof 33daystosettletheir tradedebts Theaveragedomesticpaymentduration isnow9dayslongerthanoneyearagoand isbackatlevelseenin2013 KEYPAYMENTDELAYFACTORS DOMESTICUNCOLLECTABLEB2BRECEIVABLES (51,4%) (50%) BELGIUM W.EUROPE(37,0%) (37,3%) Primaryreasonforforeignpaymentdelaythe percentageofbelgianrespondentsreporting domesticlatepaymentduetothecustomers financialdifficultiesfellsharply.Converselythere wasasteadydecreaseinthefrequencyof foreignpayment Citedinsufficientavailabilityof funds(from domesticcustomers) UNCOLLECTABLEBECAUSECUSTOMER WENTBANKRUPTOROUTOFBUSINESS CUSTOMERSCOULDNOTBELOCATED INCREASE=3% INCREASE=3% DECREASE=4% DECREASE=4% WESTERNEUROPE GERMANY BELGIUM GREECE 33 22 34 53 1-30days 31-60days 61-90days over90days 75.0 17.1 13.7 26.5 5.3 5.4 1.3 5.9 17.5 2.5 1.3 2.5 14.7 92.1 77.9 42.0 thisterm increased bysevendays Averagepaymenttermsfor foreigncustomersdidnot changemarkedly (INVOICESUNPAID90DAYS+AFTERDUEDATE) 5 6