Slightly more bankruptcies in November

More recent figures are available on this topic. View the latest figures here.
© Hollandse Hoogte / Peter Hilz
The number of corporate bankruptcies, adjusted for court session days, has increased. There were 7 more bankruptcies in November than in the previous month, according to Statistics Netherlands (CBS). The number of bankruptcies was at the highest level in more than two years, but remained low compared to the period before the outbreak of coronavirus.

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 the past few months, the number of bankruptcies rose to its highest level since August 2020, but was still low compared to the pre-pandemic period.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, in November a total of 256 businesses and institutions were declared bankrupt. The trade sector suffered most with 57 bankruptcies; this is 25 more compared to October.

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

Sources

Related items