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
DataValue
{ name:'2013', categories: ['M','A','M','J','J','A','S','O','N','D'{y:745},{y:728},{y:816},{y:742},{y:689},{y:636},{y:623},{y:658},{y:607},{y:588},{y:633},{y:645},{y:556},{y:648},{y:583},{y:492},{y:566},{y:490},{y:487},{y:563},{y:517},{y:465},{y:500},{y:505},{y:574},{y:470},{y:456},{y:427},{y:441},{y:333},{y:339},{y:395},{y:411},{y:420},{y:401},{y:483},{y:394},{y:385},{y:343},{y:384},{y:371},{y:287},{y:299},{y:303},{y:417},{y:332},{y:332},{y: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
DataValue
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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