Fewer bankruptcies in July

10/08/2017 15:00
The number of corporate bankruptcies has fallen, according to Statistics Netherlands (CBS). There were 34 fewer bankruptcies in July than in June 2017. The decline follows an increase in May and June. Most bankruptcies in July were recorded in the trade sector.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court session days

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 for two months in a row. In July, however, the number of bankruptcies declined again.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 251 businesses and institutions (excluding one-man businesses) were declared bankrupt in July 2017. With a total of 50, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In July, the number of bankruptcies was relatively highest in the sector renting and other business services.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector

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

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