Considerable increase number of bankruptcies

The number of bankruptcies rose substantially in November, by 106 relative to October. This rise is largely due to the bankruptcy of one particular company existing of dozens of entities, all of which were declared bankrupt separately. In October, the number of bankruptcies remained more or less at the same level. Statistics Netherlands (CBS) reports that most bankruptcies in November were filed in the financial services 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
2013 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 M342
2016 J383
2016 J370
2016 A286
2016 S298
2016 O302
2016 N408

Erratic trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013 and subsequently started to decline during a period which lasted until September 2015. This was followed by a period of ups and downs. In August 2016, the number of bankruptcies reached the lowest level since August 2008. After that, the trend is unclear. Despite the increase in November, the number of bankruptcies in the first eleven months of 2016 is down by nearly one-fifth compared to the same period last year.

Most bankruptcies recorded in financial services sector

If the number of court session days is not taken into account, 461 businesses and institutions (excluding one-man businesses) were declared bankrupt in November 2016. With a total of 117 the financial services sector was hit the hardest. In the trade sector, 76 bankruptcies were filed.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
 number
Financial services117
Trade76
Specialised business services46
Transport; storage42
Manufacturing33
Construction31
Renting; other business services29
Information; communciation18
Care18
Accommodation; food16
Real estate activities10
Culture; sport; recreation6

Trade and financial services are among the sectors with the highest number of businesses. In November, the number of bankruptcies was relatively high in the sector transport and storage.

The numbers in this publication are provisional and can be adjusted.


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