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In October, adjusted for court days, 253 companies were declared bankrupt, reports Statistics Netherlands (CBS). That is 75 fewer bankruptcies than in the same month a year earlier, a decrease of 23 percent. Compared to September, the number of bankruptcies decreased by 8 percent.

The focus of the bankruptcy news report 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 better comparison between sectors. The number of companies can fluctuate over time and differ greatly between sectors.

Companies and institutions