Fewer bankruptcies in August

© CBS / Nikki van Toorn
The number of corporate bankruptcies has decreased, according to Statistics Netherlands (CBS). There were 13 fewer bankruptcies in August 2019 than in the previous month. The trend has been relatively stable in recent years.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court sessions days
YearMonthNumber of bankruptcies
2015September339
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
2018January273
February232
March266
April266
May259
June248
July251
August257
September224
October264
November277
December328
2019January283
February251
March274
April278
May261
June268
July271
August258

Trend fairly 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, after which ups and downs alternated.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 244 businesses and institutions (excluding one-man businesses) were declared bankrupt in August 2019. With a total of 59, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In August, 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, August 2019
sectornumber
Trade59
Financial services34
Construction25
Specialised business services22
Manufacturing22
Accommodation and food services18
Transport, storage17
Renting, other business services14
Care8
Information & communication8
Real estate activities5
Culture, sports, recreation3

Figures published in this news release are provisional and subject to revision.

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