Pronounced Bankruptcies; company age and number of employees

Pronounced Bankruptcies; company age and number of employees

Sector/branches Type of bankruptcy Periods Pronounced bankruptcies (numbers) Business age in event of bankruptcy (years) Employees in event of bankruptcy (numbers)
A-U All economic activities Total entities with/without legal pers. 2019 3rd quarter 942 9.3 5,498
A-U All economic activities Total entities with/without legal pers. 2019 4th quarter 975 9.2 7,755
A-U All economic activities Total entities with/without legal pers. 2020 1st quarter 947 9.8 5,497
A-U All economic activities Total entities with/without legal pers. 2020 2nd quarter 980 9.8 6,056
A-U All economic activities Total entities with/without legal pers. 2020 3rd quarter* 651 9.4 4,268
A-U All economic activities Companies and institutions 2019 3rd quarter 796 9.6 5,227
A-U All economic activities Companies and institutions 2019 4th quarter 828 9.5 7,433
A-U All economic activities Companies and institutions 2020 1st quarter 801 10.1 5,200
A-U All economic activities Companies and institutions 2020 2nd quarter 847 9.8 5,799
A-U All economic activities Companies and institutions 2020 3rd quarter* 571 9.7 4,120
A-U All economic activities Natural persons with sole proprietorship 2019 3rd quarter 146 7.9 271
A-U All economic activities Natural persons with sole proprietorship 2019 4th quarter 147 7.5 322
A-U All economic activities Natural persons with sole proprietorship 2020 1st quarter 146 7.9 297
A-U All economic activities Natural persons with sole proprietorship 2020 2nd quarter 133 9.9 258
A-U All economic activities Natural persons with sole proprietorship 2020 3rd quarter* 80 7.7 147
Source: CBS.
Explanation of symbols

Table description


This table contains the numbers of bankruptcy orders issued by Dutch courts, broken down by legal form (natural persons with sole proprietorship, companies and institutions). In addition, the tables contain the average company age and number of employees (in FTEs) at the time of the bankruptcy order.

Data available from: Q1 2015

Status of the figures:
Figures on the most recent quarter are provisional.

Changes as of 12 October, 2020:
The results for the third quarter of 2020 have been added.

When will new figures be published?
The results for the fourth quarter of 2020 are expected to be published in mid-January 2021.

Description topics

Pronounced bankruptcies
Pronounced bankruptcies
Number of natural persons with sole proprietorship, companies and institutions that have been declared bankrupt by court ruling.

Bankruptcy
A legal proceeding involving a legal entity (person or company) that has ceased to repay outstanding debts and is declared bankrupt by the court. All assets and income of the entity (the debtor) are seized and used to repay the debts. Bankruptcy may be initiated by a creditor, the debtor or the public prosecutor’s office. After payment of the assets and income to the creditors, the bankruptcy is filed as completed, but the debtor is often not free of debts as any residual debts will remain payable. Moreover, a declaration of bankruptcy at the request of a creditor is only possible if there are debts to other creditors as well.
Business age in event of bankruptcy
The number of years between the date of bankruptcy of a company and the founding date of that company.
Employees in event of bankruptcy
Employees (Employed persons) involved in the bankruptcy, expressed in full-time equivalents (FTEs). Employed person is a person who has a job at a company established in the Netherlands or at a private household in the Netherlands.
In this investigation, hired and / or seconded staff and temporary workers are counted as persons employed by the company, not staff hired to third parties.