Slightly more bankruptcies in November

© Hollandse Hoogte / Peter Hilz
The number of corporate bankruptcies, adjusted for court session days, has increased. There were 7 more bankruptcies in November than in the previous month, according to Statistics Netherlands (CBS). The number of bankruptcies was at the highest level in more than two years, but remained low compared to the period before the outbreak of coronavirus.

Number of bankruptcies of businesses and institutions (including sole proprietorships) adjusted for court sessions days
YearWeekNumber of bankruptcies
2018December387
2019January345
2019February322
2019March321
2019April328
2019May312
2019June304
2019July312
2019August303
2019September316
2019October290
2019November342
2019December297
2020January311
2020February333
2020March280
2020April382
2020May406
2020June257
2020July227
2020August195
2020September212
2020October190
2020November210
2020December174
2021January172
2021February143
2021March165
2021April193
2021May163
2021June139
2021July125
2021August109
2021September141
2021October126
2021November183
2021December159
2022January138
2022February183
2022March164
2022April118
2022May187
2022June163
2022July147
2022August147
2022September172
2022October217
2022November224

Number of bankruptcies low

The number of corporate bankruptcies, adjusted for court session days, fluctuates significantly. Ups and downs alternate in rapid succession. The number of bankruptcies peaked in May 2013 (911); it subsequently declined continuously until August 2017 inclusive, after which it remained fairly stable until mid-2020. It then followed a downward trend again, reaching its lowest level since the start of the time series (January 1981) in August 2021. In the past few months, the number of bankruptcies rose to its highest level since August 2020, but was still low compared to the pre-pandemic period.

Most bankruptcies recorded in trade

If the number of court session days is not taken into account, in November a total of 256 businesses and institutions were declared bankrupt. The trade sector suffered most with 57 bankruptcies; this is 25 more compared to October.

The trade sector is one of the sectors with the largest number of businesses. In November, relatively the highest number of bankruptcies was pronounced in manufacturing and in transportation and storage.

Number of bankruptcies of businesses and institutions (including sole proprietorships) by sector
SectorNovember 2022October 2022
Trade5732
Construction2926
Specialised business services2625
Financial services2316
Manufacturing2221
Renting and other business services1819
Transportation and storage168
Accommodation and food services1614
Other service activities112
Agriculture, forestry and fisheries85
Information and communication813
Real estate activities72
Care512
Education32
Arts, sports and recreation25