What are collection costs?
If you do not pay an invoice on time, the creditor may charge collection costs.
How are collection costs calculated?
Collection costs consist of a percentage of the outstanding amount. The percentage is calculated according to a graduated scale. These percentages and amounts are as follows:
| Outstanding Amount | Collection Costs | |
| Over the first € 25,000 | 15% | |
| Over the next € 50,000 | 12,5% | |
| Over the next € 100,000 | 10% | |
| Over the excess | 8% |