Bankruptcies in February at lowest level in 30 years

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© CBS / Nikki van Toorn
The number of corporate bankruptcies, adjusted for court session days, has decreased. There were 28 fewer bankruptcies in February than in the previous month, according to Statistics Netherlands (CBS). In February, the number of pronounced bankruptcies was at its lowest point since January 1991.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
YearWeekNumber of bankruptcies
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
2020January270
2020February273
2020March261
2020April338
2020May267
2020June233
2020July207
2020August177
2020September186
2020October172
2020November180
2020December139
2021January142
2021February114

Number of bankruptcies at historically 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 mid-2020. Since then, the trend has been downwards. In February 2021, the number of bankruptcies (on a monthly basis) reached its lowest level since January 1991.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, 107 businesses and institutions (excluding sole proprietorships) were declared bankrupt in February 2021. With a total of 20 (13 fewer than in January), 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 renting and other business services (including employment agencies).

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) by sector
SectorFebruari 2021Januari 2021
Trade2033
Financial services1617
Specialised business services1411
Construction1317
Renting and other business services119
Accommodation and food services810
Transportation and storage69
Manufacturing410
Care41
Information and communication35
Arts, sports and recreation32
Real estate activities22
Agriculture, forestry and fisheries11
Other service activities16
Education00

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