Fewer bankruptcies in July

11/08/2023 15:00

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

Statistics Netherlands (CBS) reports that, adjusted for the number of court session days, there were 49 fewer bankruptcies in July 2023 than in the previous month; a decrease of 16 percent. Year on year, however, the number of bankruptcies has increased for 15 months in a row.

Number of bankruptcies of businesses and institutions (including sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2019	August	303
2019	September	316
2019	October	290
2019	November	342
2019	December	297
2020	January	311
2020	February	333
2020	March	280
2020	April	382
2020	May	406
2020	June	257
2020	July	227
2020	August	195
2020	September	212
2020	October	190
2020	November	210
2020	December	174
2021	January	172
2021	February	143
2021	March	165
2021	April	193
2021	May	163
2021	June	139
2021	July	125
2021	August	109
2021	September	141
2021	October	126
2021	November	183
2021	December	159
2022	January	139
2022	February	182
2022	March	166
2022	April	119
2022	May	189
2022	June	164
2022	July	148
2022	August	148
2022	September	174
2022	October	219
2022	November	228
2022	December	269
2023	January	228
2023	February	277
2023	March	212
2023	April	239
2023	May	255
2023	June	304
2023	July	255

Number of bankruptcies of businesses and institutions (including sole proprietorships) adjusted for court sessions days
Year	Week	Number of bankruptcies
2019	August	303
2019	September	316
2019	October	290
2019	November	342
2019	December	297
2020	January	311
2020	February	333
2020	March	280
2020	April	382
2020	May	406
2020	June	257
2020	July	227
2020	August	195
2020	September	212
2020	October	190
2020	November	210
2020	December	174
2021	January	172
2021	February	143
2021	March	165
2021	April	193
2021	May	163
2021	June	139
2021	July	125
2021	August	109
2021	September	141
2021	October	126
2021	November	183
2021	December	159
2022	January	139
2022	February	182
2022	March	166
2022	April	119
2022	May	189
2022	June	164
2022	July	148
2022	August	148
2022	September	174
2022	October	219
2022	November	228
2022	December	269
2023	January	228
2023	February	277
2023	March	212
2023	April	239
2023	May	255
2023	June	304
2023	July	255

Number of bankruptcies rising

The number of corporate bankruptcies (adjusted for court session days) fluctuates significantly, with rapidly alternating ups and downs. The number 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 a record low of 109 in August 2021. As of May 2022, the number of bankruptcies has continuously been higher than in the same month one year previously.

Most bankruptcies recorded in construction sector

If the number of court session days is not taken into account, in July a total of 241 businesses and institutions (including sole proprietorships) were declared bankrupt. Construction suffered most with 39 bankruptcies; this is a decrease of 7 percent relative to June.

In July, relatively the largest number of bankruptcies was pronounced in the sector accommodation and food services.

Number of bankruptcies of businesses and institutions (including sole proprietorships) by sector
Sector	July 2023	June 2023
Construction	39	42
Trade	34	66
Accommodation and food services	28	27
Specialised business services	28	29
Manufacturing	27	20
Financial services	21	29
Transportation and storage	15	19
Information and communication	11	9
Renting and other business services	10	15
Real estate activities	8	5
Other service activities	8	4
Education	7	6
Arts, sports and recreation	2	3
Care	1	13
Agriculture, forestry and fisheries	0	2

Number of bankruptcies of businesses and institutions (including sole proprietorships) by sector
Sector	July 2023	June 2023
Construction	39	42
Trade	34	66
Accommodation and food services	28	27
Specialised business services	28	29
Manufacturing	27	20
Financial services	21	29
Transportation and storage	15	19
Information and communication	11	9
Renting and other business services	10	15
Real estate activities	8	5
Other service activities	8	4
Education	7	6
Arts, sports and recreation	2	3
Care	1	13
Agriculture, forestry and fisheries	0	2

Sources

StatLine - Bankruptcies, adjusted for court session days
StatLine - Bankruptcies; enterprises, SIC 2008
StatLine - Bankruptcies; enterprises, regions

Number of bankruptcies rising

Most bankruptcies recorded in construction sector

Sources

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