Fewer bankruptcies in October

12/11/2021 15:00

More recent figures are available on this topic. View the latest figures here.

The number of corporate bankruptcies, adjusted for court session days, has decreased. There were 9 fewer bankruptcies in October than in the previous month, according to Statistics Netherlands (CBS). The number of pronounced bankruptcies remained at a historically low level.

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2017	November	251
2017	December	269
2018	January	273
2018	February	232
2018	March	266
2018	April	266
2018	May	259
2018	June	248
2018	July	251
2018	August	257
2018	September	224
2018	October	264
2018	November	277
2018	December	328
2019	January	286
2019	February	254
2019	March	277
2019	April	281
2019	May	264
2019	June	271
2019	July	274
2019	August	261
2019	September	257
2019	October	253
2019	November	288
2019	December	243
2020	January	270
2020	February	273
2020	March	261
2020	April	338
2020	May	267
2020	June	233
2020	July	207
2020	August	177
2020	September	186
2020	October	172
2020	November	180
2020	December	139
2021	January	142
2021	February	114
2021	March	145
2021	April	125
2021	May	131
2021	June	121
2021	July	109
2021	August	99
2021	September	118
2021	October	109

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2017	November	251
2017	December	269
2018	January	273
2018	February	232
2018	March	266
2018	April	266
2018	May	259
2018	June	248
2018	July	251
2018	August	257
2018	September	224
2018	October	264
2018	November	277
2018	December	328
2019	January	286
2019	February	254
2019	March	277
2019	April	281
2019	May	264
2019	June	271
2019	July	274
2019	August	261
2019	September	257
2019	October	253
2019	November	288
2019	December	243
2020	January	270
2020	February	273
2020	March	261
2020	April	338
2020	May	267
2020	June	233
2020	July	207
2020	August	177
2020	September	186
2020	October	172
2020	November	180
2020	December	139
2021	January	142
2021	February	114
2021	March	145
2021	April	125
2021	May	131
2021	June	121
2021	July	109
2021	August	99
2021	September	118
2021	October	109

Number of bankruptcies at consistently low level

The number of corporate bankruptcies (excluding sole proprietorships), adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (816); it subsequently declined continuously until August 2017 inclusive and then became fairly stable up until mid-2020. The trend has been downward again since then. In August 2021, the number of bankruptcies (on a monthly basis) reached its lowest level since January 1991. The number of bankruptcies was also low in the months that followed.

Most bankruptcies recorded in trade and construction

If the number of court session days is not taken into account, 104 businesses and institutions (excluding sole proprietorships) were declared bankrupt in October. With a total of 16 each, the trade and construction sectors suffered most. This is two more in construction and one fewer in trade compared to September

In October, 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
Sector	October 2021	September 2021
Construction	16	14
Trade	16	17
Transportation and storage	13	4
Specialised business services	12	17
Manufacturing	10	9
Information and communication	6	9
Financial services	6	9
Renting and other business services	6	11
Accommodation and food services	4	5
Care	4	6
Real estate activities	3	3
Agriculture, forestry and fisheries	2	0
Arts, sports and recreation	2	2
Other service activities	1	0
Education	0	3

Number of bankruptcies of businesses and institutions (excluding sole proprietorships) by sector
Sector	October 2021	September 2021
Construction	16	14
Trade	16	17
Transportation and storage	13	4
Specialised business services	12	17
Manufacturing	10	9
Information and communication	6	9
Financial services	6	9
Renting and other business services	6	11
Accommodation and food services	4	5
Care	4	6
Real estate activities	3	3
Agriculture, forestry and fisheries	2	0
Arts, sports and recreation	2	2
Other service activities	1	0
Education	0	3

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

Number of bankruptcies at consistently low level

Most bankruptcies recorded in trade and construction

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