Fewer bankruptcies in February

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
Number of bankruptcies of businesses and institutions (excluding one-man businesses), corrected for court session days
 numberSeries 1
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 J401
2016 F483
2016 M394
2016 A385
2016 M343
2016 J384
2016 J371
2016 A287
2016 S299
2016 O303
2016 N417
2016 D332
17 J332
17 F287

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
Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
 number
Trade60
Financial services44
Specialised business services27
Construction27
Accommodation; food20
Manufacturing19
Renting; other business services18
Real estate activities13
Information; communciation10
Transport; storage8
Culture; sport; recreation5
Care4

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

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