ACC Belgium
Event Confederation is grateful to Minister Van Peteghem and Febelfin for their decisiveness
ACC Belgium|
February 4, 2021


The December 2020 bank deal with an extension until the end of March 2021 was problematic for the events sector as the moratorium was limited to 9 months.


The Event Confederation is therefore very pleased that this restriction is now being addressed and that the banks are allowing for additional deferral of capital repayment for companies for an additional 6 months until the end of June 2021.


In the event sector, 7 out of 10 companies had already met the 9-month maximum term since the beginning of this year. This, in combination with a long-term mandatory closure and therefore no turnover, could only cause major problems in terms of liquidity and cause permanent major damage.


It is very good news that Minister Vincent Van Peteghem and the banks are now making an extra term of 6 months possible for healthy companies and, moreover, without any file or administration costs.


Bruno Schaubroeck: Our complaints were clear and we appreciate the support and solidarity from the financial sector. There was good consultation with the Minister and Febelfin, with a lot of understanding and willingness to listen on both sides, but above all with a positive outcome for our companies. For many of our companies, this charter is the difference between getting through the crisis or not. The next step is to get the sector back to work. We ask the government for perspective and appreciation from society for our efforts as a sector in the public interest.

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