Every month, participants have to report to the Central Corporate Credit Register (CCCR) information on all running debts and their debtors. This information concerns more in particular the amounts extended and defaults of payment.
This information concerns:
- the debtor: i.e. surname, first name, date of birth, address, company number or, in the case of a natural person, the number in the National Register of natural persons, or i.e. business name, legal form, address of the registered office, company number in the case of a legal entity
- the credit: the amount of the facility and the amount drawn, by type of credit and currency, initial duration and remaining duration and the country where the loan was granted
- the complementary information enabling to better assess the risks: the date and total amount due to the participant in case of non-repayment, the estimated probability by the participant that a non repayment will occur within the year, as well as the amount that can be recuperated in case of non repayment, estimated by the participant.
Records on credits and complementary information must be reported every month. They concern the situation at the end of a certain month and must be communicated within eight days following the month in question.
However, certain transactions are not reported: for example, loans to other credit institutions. Or consumer credits and mortgage loans granted to natural persons for exclusively private purposes; these are recorded in the Central Individual Credit Register.