Number of bankruptcies remains stable

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Statistics Netherlands (CBS) reports that the number of bankruptcies was the same in October 2016 as in the preceding month. In September the number rose by 12. Again, most bankruptcies were filed in the trade sector.

Downward trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013 and then started to decline during a period which lasted until September 2015. Subsequently, a period of ups and downs followed. In August 2016, the number of bankruptcies reached the lowest level since August 2008. Over the first ten months of 2016, the number of bankruptcies was down by nearly one-fifth compared to the same period last year.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 280 businesses and institutions (excluding one-man businesses) were declared bankrupt in October 2016. With a total of 62 bankruptcies, the trade sector was hit hardest. In the sectors financial services 40 bankruptcies were filed.

These sectors include the highest number of businesses. The number of bankruptcies was relatively high in the sector hotels and restaurants.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
Financial services40
Specialised business services31
Renting; other business services18
Accommodation; food16
Real estate activities14
Transport; storage11
Information; communciation9
Culture; sport; recreation8

The numbers in this publication are provisional and can be adjusted