Please see below for a summary of payment terms in Belgium and the various industries across which payment term legislation appears. You can also download a summary of all Belgian payment terms by clicking the button below.
Please click here to view payment terms for the European Union.
The Law of 2 August 2002 on Combating Late Payment in Commercial Transactions enacts the EU Late Payment Directive (see European Union for details). Additionally amendments set a strict maximum term of 60 days where the creditor is an SME and the debtor is not an SME.