130 bankruptcies in week 18

Enterprises
130 bankruptcies in week 18

During the week from 3 to 9 May included (week 18), the business courts pronounced 130 bankruptcies, resulting in a total of 219 job losses. Both figures are in line with those of the previous week.

During the first 18 weeks of 2021, the business courts pronounced 2,144 bankruptcies. This figure is 28.1% lower than in the first 18 weeks of 2020. However, job losses per bankruptcy are 14.1% higher in 2021 than in the previous year. During the first 18 weeks of 2021, 2.3 jobs were lost per bankruptcy while this ratio amounted to 2.1 in the same period in 2020.

The number of bankruptcies and job losses for the first 18 weeks of the year

Category 2019 2020 2021 2021/2020 2021/2019
Bancruptcies 3,702 2,980 2,144 -28.05% -42.09%
Job losses 7,747 6,127 5,029 -17.92% -35.08%
Job losses/Bancruptcies 2.09 2.06 2.35 +14.08% +12.09%

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.