127 bankruptcies in week 28

Enterprises
127 bankruptcies in week 28

During the week from 11 to 17 July included (week 28), the business courts pronounced 127 bankruptcies, resulting in a total of 258 job losses.

So the figures for week 28 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

During the first 28 weeks of 2022, the business courts pronounced 5,262 bankruptcies. This figure is 54.6% higher than in the first 28 weeks of 2021.

Job losses per bankruptcy are 23.7% lower in 2022 than in the previous year. During the first 28 weeks of 2022, 2.33 jobs were lost per bankruptcy while this ratio amounted to 3.05 in the same period in 2021.

The number of bankruptcies and job losses for the first 28 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 5,926 4,083 3,403 5,262 +54.6% +28.9% -11.2%
Job losses 16,131 12,507 10,377 12,250 +18.0% -2.1% -24.1%
Job losses/Bancruptcies 2.72 3.06 3.05 2.33 -23.7% -24.0% -14.5%

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.