Downward trend bankruptcies continues

Statistics Netherlands (CBS) reports that the number of business failures declined by 46 in May this year, versus 9 in April. Most bankruptcies were filed in the trade sector.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), corrected for court session days
Number of bankruptcies of businesses and institutions (excluding one-man businesses), corrected for court session days
 number
2012 J624
2012 J643
2012 A528
2012 S579
2012 O629
2012 N615
2012 D692
2013 J751
2013 F793
2013 M745
2013 A728
2013 M816
2013 J742
2013 J689
2013 A636
2013 S623
2013 O658
2013 N607
2013 D588
2014 J633
2014 F645
2014 M556
2014 A648
2014 M583
2014 J492
2014 J566
2014 A490
2014 S487
2014 O563
2014 N517
2014 D465
2015 J500
2015 F505
2015 M574
2015 A470
2015 M456
2015 J427
2015 J441
2015 A333
2015 S339
2015 O395
2015 N411
2015 D420
2016 J400
2016 F480
2016 M393
2016 A384
2016 M338

Downward trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013 and subsequently began to fall. In August 2015 it reached the lowest level since October 2008. During the next six months, the number of bankruptcies rose almost continuously. Since March this year, the trend is again downward. Compared to October 2015 the level is somewhat higher.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 379 businesses and institutions (excluding one-man businesses) were declared bankrupt in May 2016. With a total of 80, the trade sector accounted for the highest number of bankruptcies. In the sector financial institutions 66 bankruptcies were filed, but these two sectors include the highest numbers of businesses. In relative terms, the sector hotels and restaurants accounted for the highest number of bankruptcies.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector, May 2016
Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector, May 2016
 number
Trade80
Financial services66
Specialised business services47
Construction41
Manufacturing25
Accommodation; food24
Transport; storage21
Renting; other business services17
Information; communciation14
Culture; sport; recreation12
Real estate activities9
Care7

The numbers in this publication are provisional and can be adjusted