Slightly more bankruptcies in January

12/02/2018 15:00
The number of corporate bankruptcies has increased again, according to Statistics Netherlands (CBS). There were 5 more bankruptcies in January 2018 than in December 2017. In December, the number of bankruptcies rose by 17. Most bankruptcies in January were recorded in the trade sector.

Bankruptcies show stable 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 that, ups and downs alternated. In December and January, the number of bankruptcies increased slightly. Over the past 10 months, the number of bankruptcies has been more or less stable.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 309 businesses and institutions (excluding one-man businesses) were declared bankrupt in January 2018. With a total of 72, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In January, 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