More bankruptcies in September
Number of bankruptcies of businesses and institutions (including sole proprietorships) adjusted for court sessions days Year Week Number of bankruptcies 2019 October 290 2019 November 342 2019 December 297 2020 January 311 2020 February 333 2020 March 280 2020 April 382 2020 May 406 2020 June 257 2020 July 227 2020 August 195 2020 September 212 2020 October 190 2020 November 210 2020 December 174 2021 January 172 2021 February 143 2021 March 165 2021 April 193 2021 May 163 2021 June 139 2021 July 125 2021 August 109 2021 September 141 2021 October 126 2021 November 183 2021 December 159 2022 January 139 2022 February 182 2022 March 166 2022 April 119 2022 May 189 2022 June 164 2022 July 148 2022 August 148 2022 September 174 2022 October 219 2022 November 228 2022 December 269 2023 January 228 2023 February 277 2023 March 212 2023 April 239 2023 May 255 2023 June 302 2023 July 257 2023 August 269 2023 September 294
Year | Week | Number of bankruptcies |
---|---|---|
2019 | October | 290 |
2019 | November | 342 |
2019 | December | 297 |
2020 | January | 311 |
2020 | February | 333 |
2020 | March | 280 |
2020 | April | 382 |
2020 | May | 406 |
2020 | June | 257 |
2020 | July | 227 |
2020 | August | 195 |
2020 | September | 212 |
2020 | October | 190 |
2020 | November | 210 |
2020 | December | 174 |
2021 | January | 172 |
2021 | February | 143 |
2021 | March | 165 |
2021 | April | 193 |
2021 | May | 163 |
2021 | June | 139 |
2021 | July | 125 |
2021 | August | 109 |
2021 | September | 141 |
2021 | October | 126 |
2021 | November | 183 |
2021 | December | 159 |
2022 | January | 139 |
2022 | February | 182 |
2022 | March | 166 |
2022 | April | 119 |
2022 | May | 189 |
2022 | June | 164 |
2022 | July | 148 |
2022 | August | 148 |
2022 | September | 174 |
2022 | October | 219 |
2022 | November | 228 |
2022 | December | 269 |
2023 | January | 228 |
2023 | February | 277 |
2023 | March | 212 |
2023 | April | 239 |
2023 | May | 255 |
2023 | June | 302 |
2023 | July | 257 |
2023 | August | 269 |
2023 | September | 294 |
Number of bankruptcies rising
The number of corporate bankruptcies (adjusted for court session days) fluctuates significantly, with rapidly alternating ups and downs. The number 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 a record low of 109 in August 2021. As of May 2022, the number of bankruptcies has continuously been higher than in the same month one year previously.
Most bankruptcies recorded in specialised business services
If the number of court session days is not taken into account, in September a total of 278 businesses and institutions (including sole proprietorships) were declared bankrupt. The specialised business services sector (including research and consulting firms) suffered most with 50 bankruptcies; 26 more than in August.
In September, relatively the largest number of bankruptcies was pronounced in the sector transportation and storage.
Sector | September 2023 | August 2023 |
---|---|---|
Specialised business services | 50 | 24 |
Trade | 44 | 86 |
Construction | 30 | 52 |
Financial services | 28 | 20 |
Accommodation and food services | 25 | 19 |
Manufacturing | 22 | 25 |
Transportation and storage | 22 | 22 |
Renting and other business services | 14 | 20 |
Information and communication | 10 | 14 |
Care | 10 | 3 |
Arts, sports and recreation | 7 | 2 |
Other service activities | 7 | 8 |
Real estate activities | 4 | 6 |
Agriculture, forestry and fisheries | 2 | 2 |
Education | 1 | 5 |
Sources
- StatLine - Bankruptcies, adjusted for court session days
- StatLine - Bankruptcies; enterprises, SIC 2008
- StatLine - Bankruptcies; enterprises, regions
Related items
- Dossier - Business cycle