More than 500 bankruptcies in August

29/09/2011 09:30

In August this year,  504 businesses and institutions (excluding one-man businesses) in the Netherlands were declared bankrupt, approximately 40 more than in July. The number of bankruptcies remained stable relative to August 2010.

As the number of businesses declared bankrupt in a particular month is closely related to the number of days the courts are in session, it may vary considerably from month to month. Therefore, the three-month moving average is a more reliable indicator.

The three-month moving average was 468 in August versus 486 in July. The three-month moving average has been decreasing gradually over the past two years, from slightly over 600 to a level well below 500.

The figures published in this update have been adjusted from those published on 12 September 2011. The revision is based on new and more detailed information.

Bankruptcies of businesses and institutions (excluding one-man businesses)

Bankruptcies of businesses and institutions (excluding one-man businesses)

More figures can be found in dossier Business cycle.