General preferential creditors

A generally privileged creditor has priority over ordinary creditors but not on specific goods. Their privilege applies to the debtor’s general estate—for example, employee wages. They are paid after specially privileged creditors.

Updated: 11/03/2026

The definitions presented in this section reflect the Belgian context, unless stated otherwise. The texts are intended to summarise the concepts in everyday language and should not be regarded as exhaustive or definitive. Suggestions or adjustments may always be sent to glossary@tcm.be.