Slightly more bankruptcies in November

© Hollandse Hoogte / Peter Hilz
The number of corporate bankruptcies, adjusted for court session days, has increased. There were 5 more bankruptcies in November than in the previous month, according to Statistics Netherlands (CBS). However, the number of pronounced bankruptcies remained at a low level.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
YearMonthNumber of bankruptcies
December332
2017January336
2017February292
2017March304
2017April263
2017May281
2017June300
2017July266
2017August231
2017September237
2017October261
2017November251
2017December269
2018January273
2018February232
2018March266
2018April266
2018May259
2018June248
2018July251
2018August257
2018September224
2018October264
2018November277
2018December328
2019January286
2019February254
2019March277
2019April281
2019May264
2019June271
2019July274
2019August261
2019September257
2019October253
2019November288
2019December243
2020January272
2020February271
2020March259
2020April335
2020May265
2020June231
2020July 205
2020August175
2020September184
2020October171
2020November176

Number of bankruptcies at a low level

The number of corporate bankruptcies (excluding sole proprietorships), adjusted for court session days, is seen to fluctuate significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (816). The number then decreased up to and including August 2017. Subsequently, the trend remained fairly flat until July 2020. Since then, the trend has been downwards. In October 2020, the number of bankruptcies reached its lowest level since September 1999. In November, too, the number remained at a relatively low level. 

Most bankruptcies recorded in financial services

If the number of court session days is not taken into account, 166 businesses and institutions (excluding sole proprietorships) were declared bankrupt in November 2020. With a total of 25 (6 more than in October), the financial services sector suffered most. 

In November, the number of bankruptcies was relatively highest in the sector transportation and storage.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) by sector
 November 2020October 2020
Financial services2519
Specialised business services2316
Trade2131
Transportation and storage159
Renting and other business services1414
Construction1222
Accommodation and food services1214
Manufacturing1115
Care85
Information and communication74
Arts, sports and recreation72
Real estate activities52
Other service activities42
Education04
Agriculture, forestry and fisheries03

40 bankruptcies in week 49

Not including sole proprietorships, there were 40 bankruptcies in week 49. This is 6 up on the previous week. In addition, 10 sole proprietorships were declared bankrupt, 4 more than in the previous week. In the first 49 weeks of 2020, altogether 3,058 bankruptcies were pronounced among companies and institutions (including sole proprietorships) in the Netherlands. This is 506 fewer than in the same period in 2019.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships), weekly
 Week Bankruptcies
2019115
2019265
2019355
2019468
2019569
2019657
2019770
2019846
2019966
20191062
20191154
20191274
20191369
20191474
20191567
20191676
20191756
20191849
20191956
20192048
20192166
20192275
20192351
20192458
20192574
20192670
20192768
20192866
20192959
20193059
20193161
20193254
20193367
20193466
20193556
20193642
20193770
20193878
20193950
20194055
20194161
20194261
20194338
20194484
20194558
20194673
20194764
20194871
20194968
20195061
20195179
20195243
2020122
2020260
2020358
2020463
2020571
2020646
20207102
2020856
2020954
20201073
20201160
20201260
20201344
20201469
20201589
20201660
20201798
20201864
20201949
20202073
20202169
20202269
20202364
20202454
20202574
20202630
20202754
20202856
20202946
20203036
20203146
20203242
20203353
20203429
20203541
20203633
20203743
20203851
20203951
20204037
20204146
20204240
20204342
20204434
20204553
20204632
20204747
20204834
20204940

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