132 bankruptcies in week 21

Enterprises
132 bankruptcies in week 21

During the week from 23 to 29 May included (week 21), the business courts pronounced 132 bankruptcies, resulting in a total of 329 job losses.

So the figures for week 21 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

The number of bankruptcies is generally lower during the week of the Ascension. This calendar effect also occurred last week.

During the first 21 weeks of 2022, the business courts pronounced 3,749 bankruptcies. This figure is 52.0% higher than in the first 21 weeks of 2021.

Job losses per bankruptcy are 20.1% lower in 2022 than in the previous year. During the first 21 weeks of 2022, 2.39 jobs were lost per bankruptcy while this ratio amounted to 2.99 in the same period in 2021.

The number of bankruptcies and job losses for the first 21 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 4,449 3,171 2,467 3,749 +51.97% +18.23% -15.73%
Job losses 12,283 8,683 7,388 8,971 +21.43% +3.32% -26.96%
Job losses/Bancruptcies 2.76 2.74 2.99 2.39 -20.10% -12.61% -13.33%

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.