Fewer bankruptcies

09/02/2016 15:00

Statistics Netherlands (CBS) reports that - after four months of increase - the number of bankruptcies fell by 27 in January 2016 relative to December 2015. Most bankruptcies were filed in the trade sector.

Bankruptcies of businesses and institutions (excluding one-man businesses), corrected for court session days

No obvious trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013 and subsequently dipped in August 2015 to the lowest level since October 2008. Subsequently, the number of bankruptcies increased in the next four months. In January 2016 the number of bankruptcies started to fall again. During the past six months the overall trend showed an irregular pattern.

Most bankruptcies in trade sector

If the number of court session days is not taken into account, 366 businesses and institutions (excluding one-man businesses) were declared bankrupt in January 2016. With a total of 96, the trade sector had the highest number of bankruptcies. The sector financial institutions accounted for 61 bankruptcies, but these two sectors also include the highest number of businesses. Proportionally, the sector hotels and restaurants recorded the highest number of bankruptcies.

Bankruptcies of businesses and institutions (excluding one-man businesses) by sector, January 2016

The numbers in this publication are provisional and can be adjusted