246 bankruptcies in week 20

Enterprises
246 bankruptcies in week 20

During the week from 16 to 22 May included (week 20), the business courts pronounced 246 bankruptcies, resulting in a total of 454 job losses.

The figures for week 20 reveal an increase in the number of bankruptcies and job losses compared to the previous week.

During the first 20 weeks of 2022, the business courts pronounced 3,613 bankruptcies. This figure is 51.0% higher than in the first 20 weeks of 2021.

Job losses per bankruptcy are 20.8% lower in 2022 than in the previous year. During the first 20 weeks of 2022, 2.39 jobs were lost per bankruptcy while this ratio amounted to 3.02 in the same period in 2021.

The number of bankruptcies and job losses for the first 20 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 4,267 3,095 2,393 3,613 +51.0% +16.7% -15.3%
Job losses 11,872 8,505 7,223 8,634 +19.5% +1.5% -27.3%
Job losses/Bancruptcies 2.78 2.75 3.02 2.39 -20.8% -13.0% -14.1%

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.