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Across the sectors surveyed in Belgium, a significant amount of revenue generated from B2B transactions on credit is lost due to customers failing to pay their debts.
Longer DSO and an increase in bad debts create a perfect storm for Western European companies as they grapple with the problem of maintaining sufficient working capital.
Our Trade Sector Specialists share their insights on the key issues affecting the food and beverages industry in the Americas, Asia-Pacific and in Europe
Low- and middle-income countries still face debt problems. Several of them have fallen into default in the past years. Still, restructuring has become increasingly complex.
The widespread financial hardship currently experienced by many businesses creates the prospect of a steep rise in insolvencies over the coming months.