During the week from 8 to 14 March included (week 10), the business courts pronounced 124 bankruptcies, resulting in a total of 224 job losses. So the number of bankruptcies has remained particularly stable for the last 6 weeks.
During the first ten weeks of 2021, the business courts pronounced 1,189 bankruptcies. This figure is 40% lower than in the first ten weeks of 2020. However, job losses per bankruptcy are 20% higher in 2021 than in the previous year. So during the first ten weeks of 2021, there were 2.4 job losses per bankruptcy while this ratio amounted to 2 during the same period in 2020.
This is what emerged from the weekly bankruptcy figures produced by Statbel based on the orders of business courts. These interim weekly estimates make it possible to quickly observe the first trends
The number of bankruptcies and job losses for the first 10 weeks of the year
| Category | 2019 | 2020 | 2021 | 2021/2020 | 2021/2019 |
|---|---|---|---|---|---|
| Bancruptcies | 1,957 | 1,998 | 1,189 | -40.49% | -39.24% |
| Job losses | 4,813 | 4,028 | 2,870 | -28.75% | -40.37% |
| Job losses/Bancruptcies | 2.46 | 2.02 | 2.41 | +19.73% | -1.85% |