Invoices must be paid within the agreed period. If you do not do this, you will have an outstanding invoice with the creditor. The creditor can engage Flanderijn to collect this amount from you. The costs they incur for this may be charged to you under certain conditions.
What are collection costs?
If you do not pay an invoice on time, the creditor may charge collection costs. Consumers must be given the opportunity to pay the outstanding invoice (without extra costs) within 15 days. After that, costs may be charged. These additional costs are also known as collection costs or extrajudicial collection costs. They are to reimburse the creditor for the costs it incurs collecting the debt.
How are collection costs calculated?
Collection costs consist of a percentage of the outstanding amount. This is legally determined. The percentage is calculated according to a graduated scale. These percentages and amounts are as follows:
|Outstanding invoice amount||Maximum collection costs|
|Over the first € 2.500||15%|
|Over the next € 2.500||10%|
|Over the next € 5.000||5%|
|Over the next € 190.000||1%|
|Above € 200.000||0,5% (with a maximum of € 6,775 in collection costs)|
A minimum amount of € 40, excluding VAT, applies to collection costs. Is your invoice € 250? Then the collection costs will amount to € 40, excluding VAT.
Imagine: you buy a sofa for € 3,500 and you do not pay the invoice on time, even after you have been given the opportunity to pay the outstanding amount within 15 days. Then your maximum collection costs are:
In this case you will pay a maximum of € 475 in collection costs, excluding VAT.
In addition to the collection costs, a creditor can also charge you the statutory or agreed interest. Moreover, VAT may also be charged on the collection costs. This is only allowed if the creditor is not liable for VAT. In such case, VAT will be charged to you.
How can I avoid collection costs?
We will give you some tips to prevent (extra) collection costs.