Photo credit: DiasporaEngager (www.DiasporaEngager.com).

Number of bankruptcies of businesses and institutions (including sole proprietorships) adjusted for court sessions days
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 225
2023 February 274
2023 March 210
2023 April 236
2023 May 252
2023 June 298
2023 July 254
2023 August 265
2023 September 293
2023 October 285
2023 November 295
2023 December 385
2024 January 366
2024 February 340

Number of bankruptcies rising

The number of corporate bankruptcies (adjusted for court session days) fluctuates significantly. The number peaked in May 2013 (at 911). It subsequently continued to decline until August 2017, after which it remained fairly stable until mid-2020. It then declined once again, reaching a record low of 109 in August 2021. Since May 2022, the number of bankruptcies has been consistently higher than one year previously.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, a total of 320 businesses and institutions (including sole proprietorships) were declared bankrupt in February. The trade sector had the highest number of bankruptcies, at 65. That was 19 percent fewer than in January.

Trade is among the sectors with the largest number of businesses. In relative terms, the largest number of bankruptcies in February were declared in the accommodation and food services sector.

Number of bankruptcies of businesses and institutions (including sole proprietorships) by sector
Trade 65 80
Construction 54 68
Financial services 34 38
Accommodation and food services 31 41
Specialised business services 30 46
Manufacturing 29 32
Renting and other business services 18 19
Transportation and storage 16 30
Information and communication 14 12
Care 10 11
Real estate activities 5 8
Other service activities 5 7
Arts, sports and recreation 4 6
Education 1 7
Agriculture, forestry and fisheries 0 9

Source of original article: Statistics Netherlands (CBS) (www.cbs.nl).
The content of this article does not necessarily reflect the views or opinion of Global Diaspora News (www.GlobalDiasporaNews.com).

To submit your press release: (https://www.GlobalDiasporaNews.com/pr).

To advertise on Global Diaspora News: (www.GlobalDiasporaNews.com/ads).

Sign up to Global Diaspora News newsletter (https://www.GlobalDiasporaNews.com/newsletter/) to start receiving updates and opportunities directly in your email inbox for free.