August 2018: 477 bankruptcies

Enterprises
August 2018: 477 bankruptcies

In august 2018, 477 businesses in Belgium went bankrupt.

The bankruptcies resulted in a loss of 1,003 jobs: 569 full-time employees, 260 part-time employees and 174 salaried employers lost their jobs.

The number of bankruptcies in the last six months amounts to 4,356, a decrease of 3.9% compared to the same period last year.

In the last six months, compared to the same period last year, the number of failed businesses in the industry sector dropped by 19.6% In construction this number dropped by 1.1%; whereas in commerce there was a decrease by 5.8%. The hotel and catering industry dropped by 14.6%. The number of bankruptcies in transportation and other services rose by 6.0%.

At regional level and in the same period there was a decrease by 9.1% in the Flemish Region, a decrease of 17.7% in the Walloon Region and a rise of 20.9% in the Brussels-Capital Region.