Number of bankruptcies up again

The number of corporate bankruptcies has increased again, according to Statistics Netherlands (CBS). There were 13 more bankruptcies in November 2018 than in the previous month. In September, the number of bankruptcies reached the lowest level since 2001. However, the trend has been fairly flat for over a year.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court sessions days
 number of bankrupties
December465
2015 January500
2015 February505
2015 March574
2015 April470
2015 May456
2015 June427
2015 July441
2015 August333
2015 September339
2015 October395
2015 November411
2015 December420
2016 January401
2016 February483
2016 March394
2016 April385
2016 May343
2016 June384
2016 July371
2016 August287
2016 September299
2016 October303
2016 November417
2016 December332
2017 January336
2017 February292
2017 March304
2017 April263
2017 May281
2017 June300
2017 July266
2017 August231
2017 September237
2017 October261
2017 November251
2017 December269
2018 January274
2018 February233
2018 March267
2018 April267
2018 May260
2018 June249
2018 July252
2018 August258
2018 September225
2018 October265
2018 November278

Flat trend

Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend until September 2017. Subsequently, the number of bankruptcies showed an irregular pattern with many ups and downs. The trend has been more or less flat for over a year. The number of bankruptcies reached the lowest level of this century in September 2018. In the past two months, however, the number increased again.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 263 businesses and institutions (excluding one-man businesses) were declared bankrupt in November 2018. With a total of 57, 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 accommodation and food services.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector, November 2018
 number
Trade57
Construction31
Financial services29
Specialised business services29
Manufacturing24
Renting, other business services17
Accommodation and food services17
Transport, storage12
Information & communication12
Care12
Culture, sports, recreation7
Real estate activities2

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