56 bankruptcies in week 29

Enterprises
56 bankruptcies in week 29

During the week from 19 to 25 July included (week 29), the business courts pronounced 56 bankruptcies, resulting in a total of 130 job losses.

So the figures for week 29 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

During the first 29 weeks of 2021, the business courts pronounced 3,457 bankruptcies. This figure is 19.0% lower than in the first 29 weeks of 2020.

However, job losses per bankruptcy are 0.4% higher in 2021 than in the previous year. During the first 29 weeks of 2021, 2.35 jobs were lost per bankruptcy while this ratio amounted to 2.34 in the same period in 2020.

The number of bankruptcies and job losses for the first 29 weeks of the year

Category 2019 2020 2021 2021/2020 2021/2019
Bancruptcies 6,117 4,268 3,457 -19.00% -43.49%
Job losses 11,959 9,997 8,126 -18.72% -32.05%
Job losses/Bancruptcies 1.96 2.34 2.35 +0.35% +20.23%

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.