Enforced collection indicators
Latest update: 11.01.2021
1. Number of legal persons and entrepreneurs in the Central Registry of Accounts as at 31 December 2020
As at 31 December 2020, there were 76,364 legal persons and entrepreneurs1 on the records of the Central Registry of Accounts. Compared to 30 November 2020, this is an increase of 0.54%.
We underline that the data on the number of legal persons and entrepreneurs in the Central Registry of Accounts are harmonized with the data on operating legal persons and entrepreneurs registered in the Central Registry of Business Entities (CRPS).
Other data published relevant to enforcement collection implementation are updated accordingly.
As at 31 December 2020, the total number of operating business entities2 as registered in the CRPS and having operating accounts in the Central Registry of Accounts was 50,133 which represents an increase of 0.57% in relation to 30 November 2020.
2. Indicators of enforced collection implementation as at 31 December 2020
As at 31 December 2020, the number of judgement debtors with frozen accounts was 18,846 or 0.21% more than on 30 November 2020. In the total number, the accounts of 15,167 business entities were frozen, which is 0.24% more compared to 30 November 2020.
As at 31 December 2020, in terms of value, total amount of debt based on which the judgement debtors accounts were frozen was 771,212,839.26 euros, which is an increase of 6.17% in relation to 30 November 2020.
In the total amount of debt, business entities accounted for 745,515,200.14 euros or 6.41% more than as at 30 November 2020.
It should be highlighted that, debt concentration was relatively high as at the reporting date so, for example, 10 largest blocked business entities, i.e. 0.05% of the total number of registered debtors, accounted for 21.91% of the total frozen amount, which means that their frozen funds totalled 168,990,448.02 euros.
Fifty largest blocked business entities, which make up 0.27% of the total number of registered debtors, accounted for 42.11% of the total frozen amount, which means that their frozen amount stood at 324,766,795.55 euros.
3. Enforced collection duration as at 31 December 2020
As at 31 December 2020, a total of 1,672 judgement debtors were under uninterrupted blockage up to one year with the frozen amount of 89,664,438.73 euros, making up 11.63% of the total frozen amount, whereas a total of 17,174 judgement debtors were under blockage for over one year, with the frozen amount of 681,548,400.53 euros, accounting for 88.37% of the total frozen amount.
1 The term “legal persons and entrepreneurs” includes: business entities and entrepreneurs; NGOs; foundations; associations; public enforcement officer; notaries; the Ministry of Finance as the authority competent for receiving, payment and transfer of the government money; local self-government authorities, etc.
2 Pursuant to the Law on Business Organizations, the forms of organization pursuing economic activities are business organizations and other forms determined by the Law: individual entrepreneur; general partnership (“GP”); limited partnership (“LP”); joint stock company (“JSC”); limited liability company (“LLC”); foreign company branch. In this report, all the above mentioned forms are referred to as business entities.