In 2019 slightly more bankruptcies than in 2018

Statistics Netherlands (CBS) reports that, adjusted for court session days, there were 46 fewer corporate bankruptcies in December than in November 2019. The total number of businesses and institutions (excluding one-man businesses) filing for bankruptcy in 2019 stood at 3,208, i.e. 63 more than in 2018.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court sessions days
YearMonthNumber of bankruptcies
2016January401
2016February483
2016March394
2016April385
2016May343
2016June384
2016July371
2016August287
2016September299
2016October303
2016November417
2016December332
2017January336
2017February292
2017March304
2017April263
2017May281
2017June300
2017July266
2017August231
2017September237
2017October261
2017November251
2017December269
2018January273
2018February232
2018March266
2018April266
2018May259
2018June248
2018July251
2018August257
2018September224
2018October264
2018November277
2018December328
2019January283
2019February251
2019March274
2019April278
2019May261
2019June268
2019July271
2019August258
2019September254
2019October250
2019November285
2019December239

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. The subsequent 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.

Number of bankruptcies in 2019 up by 2 percent year-on-year

Over the entire year 2019, a total of 3,208 bankruptcies were pronounced. This represents a year-on-year increase of 2 percent.

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. In 2019, the number of bankruptcies increased slightly for the first time since 2014. Despite the rise, the number of bankruptcies is still relatively low. The number of bankruptcies in 2019 is the second lowest of this century.

Number of bankruptcies of businesses and institutions (excluding one-man businesses)
 Number
20013333
20024085
20035235
20045267
20055083
20064228
20073589
20083842
20096942
20106162
20116117
20127349
20138376
20146645
20155271
20164399
20173291
20183145
2019*3208
*provisional figures

Sharpest increase in the specialised business services sector

In absolute terms, the increase was most pronounced in specialised business services (including research and consulting firms); the total in that sector increased by 79, from 317 in 2018 to 396 in 2019. In relative terms as well, the increase was sharpest in specialised business services (25 percent). Furthermore, the number of bankruptcies rose year-on-year in the sectors trade, rentals and other business services, care and real estate activities. On the other hand, there was a decrease in the number of bankruptcies in 7 of the 13 sectors.

Just as in previous years, most bankruptcies were pronounced in the trade sector (730) in 2019. The number of bankruptcies in this sector rose by 43 year-on-year. Trade is among the sectors with the highest number of businesses.

Number of bankruptcies of businesses and institutions (excluding one-man businesses) by sector
 2019*2018
Trade730687
Financial services398416
Specialised business services396317
Construction291306
Manufacturing245257
Renting, other business services233215
Accommodation and food services196210
Transport, storage183183
Care140124
Information & communication135151
Culture, sports, recreation5562
Real estate activities5248
Agriculture3327
* provisional figures

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

Related items