63 bankruptcies in week 14

Enterprises
63 bankruptcies in week 14

In the week from 5 to 11 April (week 14), the business courts pronounced 63 bankruptcies, resulting in 141 job losses. The figures of week 14 thus show a decrease in the number of bankruptcies and job losses compared to the previous week. Every year, the number of bankruptcies pronounced decreases sharply in the week after Easter. So this calendar effect also occurred last week.

In the course of the first 14 weeks of 2021, the business courts pronounced 1,675 bankruptcies. This is 38.1% less than the figure of the first 14 weeks of 2020. However, the number of job losses per bankruptcy is 22.5% higher in 2021 than in the previous year. During the first 14 weeks of 2021, there were 2.5 job losses per bankruptcies compared to 2.0 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 14 weeks of the year

Category 2019 2020 2021 2021/2020 2021/2019
Bancruptcies 3,050 2,706 1,675 -38.10% -45.08%
Job losses 6,493 5,452 4,133 -24.19% -36.35%
Job losses/Bancruptcies 2.13 2.01 2.47 +22.47% +15.91%