Number of bankruptcies virtually unchanged in August

Number of bankruptcies low

The number of corporate bankruptcies, adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (911); it subsequently declined continuously until August 2017 inclusive, after which it remained fairly stable until mid-2020. It then followed a downward trend again, reaching its lowest level since the start of the time series (January 1981) in August 2021. In August 2022 as well, the number of bankruptcies was low compared to the period before the outbreak of coronavirus.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, in August a total of 170 businesses and institutions were declared bankrupt. The trade sector suffered most with 46 bankruptcies; this is 24 more compared to July.

The trade sector is one of the sectors with the largest number of businesses. In August, relatively the highest number of bankruptcies was pronounced in manufacturing.