Number of bankruptcies up again

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© ANP
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
Jaarmaandnumber of bankrupties
December465
2015January500
2015February505
2015March574
2015April470
2015May456
2015June427
2015July441
2015August333
2015September339
2015October395
2015November411
2015December420
2016January401
2016February483
2016March394
2016April385
2016May343
2016June384
2016July371
2016August287
2016September299
2016October303
2016November417
2016December332
2017January336
2017February292
2017March304
2017April263
2017May281
2017June300
2017July266
2017August231
2017September237
2017October261
2017November251
2017December269
2018January274
2018February233
2018March267
2018April267
2018May260
2018June249
2018July252
2018August258
2018September225
2018October265
2018November278

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
sectornumber
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