More bankruptcies in May

According to Statistics Netherlands (CBS), the number of corporate bankruptcies has risen. In May 2017, it was 17 up from April. The number of bankruptcies in April was the lowest in over nine years. The largest increase in May was recorded in the sectors manufacturing, trade, and information and communication.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court session days
 numberSeries 1
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 J334
17 F289
17 M301
17 A260
17 M277

Downward trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013. Subsequently, the trend was downward. In April 2017, the number of bankruptcies was at its lowest since December 2007. Last month the number rose again slightly.

In the first five months of 2017, the number of bankruptcies was around 25 percent down from the first five months of 2016.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 318 businesses and institutions (excluding one-man businesses) were declared bankrupt in May 2017. With a total of 55, the trade sector suffered most. The number of bankruptcies also increased across most other sectors, with the exception of the sector business services where the number of bankruptcies decreased.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
Financial services47
Specialised business services33
Transport; storage21
Renting; other business services19
Information; communciation19
Accommodation; food14
Culture; sport; recreation11
Real estate activities10

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

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