More bankruptcies in June

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© CBS / Nikki van Toorn
The number of corporate bankruptcies has increased, according to Statistics Netherlands (CBS). There were 7 more bankruptcies in June 2019 than in the previous month. The trend has been relatively stable in recent years.

Trend relatively stable in recent years

Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend until September 2017. Subsequently, the trend has been relatively stable. The number of bankruptcies reached the lowest level of this century in September 2018, after which ups and downs alternated.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 253 businesses and institutions (excluding one-man businesses) were declared bankrupt in June 2019. With a total of 53, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In June, the number of bankruptcies was relatively highest in the sector accommodation and food services.

Figures published in this news release are provisional and subject to revision.

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