Again fewer bankruptcies

10/05/2016 15:00
Statistics Netherlands (CBS) reports that the number of business failures dropped by 15 in April this year relative to March, when the decline was 88. Most bankruptcies were filed in the trade sector.

 

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

Erratic 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. Over the next six months, the number of bankruptcies rose almost continuously. In March and April, the number of bankruptcies began to fall again, to below the level of October 2015. Since August 2015, the trend has shown an irregular pattern. The number of bankruptcies over the first four months is 20 percent lower than in the same period last year.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 355 businesses and institutions (excluding one-man businesses) were declared bankrupt in April 2016. With a total of 73, the trade sector accounted for the highest number of bankruptcies. In the sector financial institutions 60 bankruptcies were filed, but these sectors have the highest numbers of businesses.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector, April 2016


The numbers in this publication are provisional and can be adjusted

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