More bankruptcies in June

10/07/2017 15:00
The number of corporate bankruptcies has risen, according to Statistics Netherlands (CBS). There were 12 bankruptcies more in June than in May 2017.

Downward trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend. In April 2017, the number of bankruptcies was at its lowest since December 2007, but it went up again over the previous two months.

In the first half of 2017, the number of bankruptcies was around 25 percent down year-on-year.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 277 businesses and institutions (excluding one-man businesses) were declared bankrupt in June 2017. With a total of 55, the trade sector suffered most. 

Trade is among the sectors with the highest number of businesses. In June, the number of bankruptcies was relatively highest in the sector hotels and restaurants.

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

Related items