Doubtful debts

A doubtful debt is a receivable which, as its name suggests, presents a likely or certain risk of non-payment. However, the person or company owed the debt is not able to definitively prove that this receivable will be lost, so it is classified as ‘doubtful’ rather than as ‘bad’.

Find out more about doubtful debts and discover our article :
“Doubtful debt: what is it and how to manage it”

Definitions provided under this section refer to the Belgian situation; unless specified otherwise. The texts are meant to summarize concepts in daily language and should not be considered as comprehensive or definite. We welcome suggestions for modifications or additions at glossary@tcm.be.