21 bankruptcies in week 31

Enterprises
21 bankruptcies in week 31

During the week from 2 to 8 August included (week 31), the business courts pronounced 21 bankruptcies, resulting in a total of 18 job losses.

So the figures for week 31 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

During the first 31 weeks of 2021, the business courts pronounced 3,557 bankruptcies. This figure is 19.2% lower than in the first 31 weeks of 2020.

However, the ratio job losses per bankruptcy for 2021 is the same as that of 2020, with 2.33 job losses per bankruptcy.

The number of bankruptcies and job losses for the first 31 weeks of the year

Category 2019 2020 2021 2021/2020 2021/2019
Bancruptcies 6,374 4,404 3,557 -19.23% -44.20%
Job losses 12,309 10,274 8,273 -19.48% -32.79%
Job losses/Bancruptcies 1.93 2.33 2.33 -0.30% +20.44%

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.”