Number of bankruptcies in 2018 lowest of this century

© CBS / Nikki van Toorn
Statistics Netherlands (CBS) reports that there were 50 more bankruptcies in December than in November 2018. The total number of businesses and institutions (excluding one-man businesses) filing for bankruptcy in 2018 was 3,144. This is the lowest annual figure since 2001.

Trend unclear

Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend until September 2017, after which ups and downs alternated. In September 2018, the number of bankruptcies reached the lowest level since 2001. However, the number then increased for three consecutive months.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court sessions days
Jaarmaandnumber of bankrupties
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
2018December328

Number of bankrupties in 2018 down by over 4 percent year-on-year

Over the entire year 2018, a total of 3,144 bankruptcies were pronounced. This represents a year-on-year decrease of 4.5 percent. The decline is considerably smaller than in the previous four years.

The number of bankruptcies peaked in 2013 at 8,376 and subsequently dropped for five consecutive years, by altogether over 62 percent, in line with economic growth in the Netherlands.The number of bankruptcies in 2018 is the lowest of this century.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), by sector
 Number
20013333
20024085
20035235
20045267
20055083
20064228
20073589
20083842
20096942
20106162
20116117
20127349
20138376
20146645
20155271
20164399
20173291
20183144
* Provisional figures

Sharpest decline in the specialised business services sector

The number of bankruptcies was down across most sectors. In absolute terms, the decline was largest in specialised business services (including research and consulting firms); the total in that sector declined by 79, from 396 in 2017 to 317 in 2018.

Furthermore, the financial services sector saw a considerable drop in the number of bankruptcies from 487 to 416. In relative terms, the decline was largest in real estate activities (48 percent).

Just as in previous years, most bankruptcies were pronounced in the trade sector in 2018. Altogether 687 companies went out of business including 320 wholesalers, 304 retailers and 63 car dealers. The number of bankruptcies in this sector hardly dropped last year, namely by 6. Furthermore, bankruptcies in the accommodation and food services sector increased from 185 in 2017 to 210 in 2018.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), by sector
 2018*2017
Trade687693
Financial services416487
Specialised business services317396
Construction306327
Manufacturing257245
Renting, other business services215244
Accommodation and food services210185
Transport, storage183160
Information & communication151153
Care124116
Culture, sports, recreation6256
Real estate activities4892
Agriculture2723
* Provisional figures

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