Author profile
Stephan Holzbach
Co-author of “Warten aufs Geld”, a study of receivables and liquidity in Austrian corporate accounts.
Research with traceable foundations
Stephan Holzbach and Dr. Maximilian Kindler are named as authors of the long-form study “Warten aufs Geld”. It examines published Austrian financial statements and distinguishes register findings from a supplementary market model.
The long-form study is dated August 2026; the underlying register extraction is dated 17 July 2026. It is not an individual credit assessment and does not measure overdue invoices alone.
Joint publication
The long-form study attributes methodology, the data pipeline and reproducibility to Stephan Holzbach. This includes keeping the population, measured indicators and model assumptions distinct. The supporting data page provides selected results and the evidence cross-check.
Guides by Stephan Holzbach
Practical guides for creditors in Austria and Germany, newest first.
- Instalment agreement with template: how creditors secure instalments properly 4 November 2026 · Germany
- Invoice limitation on 31 December 2026: what becomes time-barred and what to do before New Year 2 November 2026 · Germany
- Final invoice unpaid: what trades businesses should do now when the customer will not pay 30 October 2026 · Austria
- Reminder fees in Germany and Austria: how much are you allowed to charge? 28 October 2026 · Austria & Germany
- Small invoices, big hassle: is debt collection worth it for small amounts? 27 October 2026 · Germany
- Filing a payment-order claim (Mahnklage) in Austria: form, required details and checklist 23 October 2026 · Austria
- Payment terms on the invoice: what to state, what applies and when the customer is in default 21 October 2026 · Germany
- Applying for a court payment order online in Germany: process, costs and the collection alternative 19 October 2026 · Germany
- Payment reminder or formal demand: difference, deadlines and templates for Germany and Austria 16 October 2026 · Austria & Germany
- Instructing a collection agency online: how the handover works for businesses 14 October 2026 · Germany
- Final payment reminder ignored: your next step in Germany 12 October 2026 · Germany
Publication and research focus
The joint full-length study “Warten aufs Geld” documents the research work of Stephan Holzbach and Dr. Maximilian Kindler. It explains the data, method and limits of the analysis.
Read the study and full report · Co-author Dr. Maximilian Kindler · Press and media