AILawyer.be

Making law more accessible.

Explore AILawyer

Website language

FrançaisNederlandsEnglish
All tools
Finance & Debts

Late Payment Penalty Calculator

Calculate the flat-rate recovery indemnity (€40/€70/€100) and statutory late payment interest automatically due in commercial transactions under Belgian law.

Recovery Flat-rate indemnity Belgium Free
ℹ️

Law of 2 August 2002 — In the event of late payment in a commercial transaction, the creditor is entitled, automatically and without formal notice, to:

  • late payment interest at the ECB rate + 8 percentage points
  • a fixed compensation for recovery costs (€40 / €70 / €100)
Legal basis: Law of 2 August 2002 on combating late payment in commercial transactions (Belgian Official Gazette, 7/08/2002). Applies exclusively to commercial transactions between businesses (B2B).

Your privacy on AILawyer

We use your browser’s storage to remember your preferences and conversations you open in the chat. Vise la Réussite recommendations are advertisements without added trackers. No Google advertising scripts or audience analytics tools are active.

View details