# Fewer bankruptcies in February

The number of corporate bankruptcies has decreased, according to Statistics Netherlands (CBS). There were 32 fewer bankruptcies in February 2019 than in the previous month. In January, the number of bankruptcies decreased by 45.

## Trend relatively stable in recent years

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 trend has been relatively stable. The number of bankruptcies reached the lowest level of this century in September 2018. However, the number then increased for three consecutive months, but in January and in February the number decreased again.

## Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 237 businesses and institutions (excluding one-man businesses) were declared bankrupt in February 2019. With a total of 54, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In February, the number of bankruptcies was relatively highest in the sector transport and storage.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector, February 2019
sectornumber