Statistics Netherlands | CBS
Source published: 12 September 25
In August, 16 Percent Fewer Bankruptcies Than a Year Earlier
This article discusses the recent bankruptcy figures in the Netherlands, focusing on the decline compared to last year.
In August, after correcting for court days, 278 companies were declared bankrupt, reports Statistics Netherlands (CBS). That is 54 fewer bankruptcies than in the same period a year earlier, a decrease of 16 percent. Compared to July, the number of bankruptcies decreased by 7 percent. The focus of the news article on bankruptcies is not only on the development compared to a year earlier but also on the bankruptcy rate. This is the number of declared bankruptcies per 100 thousand companies. The bankruptcy rate provides a clearer picture of the development of the number of bankruptcies in the Netherlands. It also allows for better comparisons between sectors. The number of companies can fluctuate over time and can vary greatly between sectors.
Companies and institutions