In March this year, 640 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, i.e. an increase by more than 70 compared to the preceding month.
As the number of businesses declared bankrupt in a particular month is closely related to the number of days courts are in session, it may vary considerably from month to month. Therefore, the three-monthly moving average is a more reliable indicator.
In March, the three-monthly moving average stood at 564, i.e. an increase by 30 relative to February. In the preceding months, the number of bankruptcies had dropped gradually.
Bankruptcies of businesses and institutions (excluding one-man businesses)