Fewer bankruptcies in August

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© Hollandse Hoogte / Peter Hilz
The number of corporate bankruptcies, adjusted for court session days, has decreased again. There were 11 fewer bankruptcies in August than in the previous month, according to Statistics Netherlands (CBS). The number of pronounced bankruptcies remained at a historically low level.

Number of bankruptcies at lowest level in more than 30 years

The number of corporate bankruptcies (excluding sole proprietorships), adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (816); it subsequently declined continuously until August 2017 inclusive and then became fairly stable up until mid-2020. The trend has been downward again since then. In August 2021, the number of bankruptcies (on a monthly basis) reached its lowest level since January 1991.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, 109 businesses and institutions (excluding sole proprietorships) were declared bankrupt in August. With a total of 24 (7 more than in July), the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In August, the number of bankruptcies was relatively highest in the construction sector.

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

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