Fewer bankruptcies in February

10/03/2017 15:00
Statistics Netherlands (CBS) reports that the number of companies declared bankrupt continues to fall. In February 2017, the number of bankruptcies was 45 down from the preceding month. Most bankruptcies were recorded in the trade sector.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), corrected for court session days
y
745
728
816
742
689
636
623
658
607
588
633
645
556
648
583
492
566
490
487
563
517
465
500
505
574
470
456
427
441
333
339
395
411
420
401
483
394
385
343
384
371
287
299
303
417
332
332
287

Downward trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013 and then started to decline until August 2016, when it reached its lowest level since May 2013. Subsequently, the downward trend came to a standstill, but in the past three months the bankruptcy rate declined further. In February 2017 the number of bankruptcies was back at the level of August 2016.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 274 businesses and institutions (excluding one-man businesses) were declared bankrupt in February 2017. With a total of 60, the trade sector took the hardest hit. In the financial sector, 44 bankruptcies were filed.

Trade and financial services are among the sectors with the highest number of businesses. The number of bankruptcies was relatively high in the sector hotels and restaurants in February.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
y
60
44
27
27
20
19
18
13
10
8
5
4

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

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