More bankruptcies in November

13/12/2021 15:00

More recent figures are available on this topic. View the latest figures here.

The number of corporate bankruptcies, adjusted for court session days, has increased. There were 57 more bankruptcies in November than in the previous month, according to Statistics Netherlands (CBS). However, the number of pronounced bankruptcies is still low compared to the period before the outbreak of the coronavirus crisis.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2017	December	269
2018	January	273
2018	February	232
2018	March	266
2018	April	266
2018	May	259
2018	June	248
2018	July	251
2018	August	257
2018	September	224
2018	October	264
2018	November	277
2018	December	328
2019	January	286
2019	February	254
2019	March	277
2019	April	281
2019	May	264
2019	June	271
2019	July	274
2019	August	261
2019	September	257
2019	October	253
2019	November	288
2019	December	243
2020	January	270
2020	February	273
2020	March	261
2020	April	338
2020	May	267
2020	June	233
2020	July	207
2020	August	177
2020	September	186
2020	October	172
2020	November	180
2020	December	139
2021	January	142
2021	February	114
2021	March	145
2021	April	125
2021	May	131
2021	June	121
2021	July	109
2021	August	99
2021	September	118
2021	October	109
2021	November	166

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2017	December	269
2018	January	273
2018	February	232
2018	March	266
2018	April	266
2018	May	259
2018	June	248
2018	July	251
2018	August	257
2018	September	224
2018	October	264
2018	November	277
2018	December	328
2019	January	286
2019	February	254
2019	March	277
2019	April	281
2019	May	264
2019	June	271
2019	July	274
2019	August	261
2019	September	257
2019	October	253
2019	November	288
2019	December	243
2020	January	270
2020	February	273
2020	March	261
2020	April	338
2020	May	267
2020	June	233
2020	July	207
2020	August	177
2020	September	186
2020	October	172
2020	November	180
2020	December	139
2021	January	142
2021	February	114
2021	March	145
2021	April	125
2021	May	131
2021	June	121
2021	July	109
2021	August	99
2021	September	118
2021	October	109
2021	November	166

Number of bankruptcies at consistently low level

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. The number of bankruptcies was also low in the months that followed. In November 2021, it did reach the highest level of the past twelve months.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, 183 businesses and institutions (excluding sole proprietorships) were declared bankrupt in November. With a total of 35, the trade sector suffered most. This is 19 more compared to October.

In November, the number of bankruptcies was relatively highest in the construction sector.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) by sector
Sector	November 2021	October 2021
Trade	35	16
Construction	29	16
Financial services	22	6
Specialised business services	17	12
Manufacturing	15	10
Renting and other business services	15	6
Accommodation and food services	13	4
Transportation and storage	10	13
Information and communication	8	6
Care	6	4
Real estate activities	4	3
Arts, sports and recreation	3	2
Agriculture, forestry and fisheries	2	2
Other service activities	2	1

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) by sector
Sector	November 2021	October 2021
Trade	35	16
Construction	29	16
Financial services	22	6
Specialised business services	17	12
Manufacturing	15	10
Renting and other business services	15	6
Accommodation and food services	13	4
Transportation and storage	10	13
Information and communication	8	6
Care	6	4
Real estate activities	4	3
Arts, sports and recreation	3	2
Agriculture, forestry and fisheries	2	2
Other service activities	2	1

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

Number of bankruptcies at consistently low level

Most bankruptcies recorded in trade

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