Slightly fewer bankruptcies in November

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The number of corporate bankruptcies has decreased, according to Statistics Netherlands (CBS). There were 8 fewer bankruptcies in November than in October 2017. This decrease comes after a rise in September and October. Most bankruptcies in November were recorded in the trade sector.

Downward trend

The number of bankruptcies shows an irregular pattern with many ups and downs. Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend, reaching its lowest level (since 2001) in August 2017. After two months showing an increase, the number of bankruptcies declined again in November.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 241 businesses and institutions (excluding one-man businesses) were declared bankrupt in November 2017. With a total of 63, the trade sector suffered most.

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

Number of bankruptcies of businesses and institutions (excluding one-man businesses), by sector, November 2017
Financial services31
Specialised business services18
Renting; other business services18
Information; communciation14
Accommodation; food14
Transport; storage8
Real estate activities8
Culture; sport; recreation4

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