Number of bankruptcies hardly changed

The number of corporate bankruptcies has hardly changed, according to Statistics Netherlands (CBS). There were 3 more bankruptcies in February 2020 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
2016February483
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
2019January286
February254
March277
April281
May264
June271
July274
August261
September257
October253
November288
December243
2020January268
February271
 

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, 257 businesses and institutions (excluding one-man businesses) were declared bankrupt in February 2020. With a total of 49, 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 2020
 Number
Trade49
Transport, storage45
Financial services33
Specialised business services24
Construction22
Manufacturing20
Renting, other business services19
Accommodation and food services15
Information & communication7
Care7
Culture, sports, recreation6
Real estate activities3
Agriculture1

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

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