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

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