160 bankruptcies in week 3

Enterprises
160 bankruptcies in week 3

During the week from 17 to 23 January included (week 3), the business courts pronounced 160 bankruptcies, resulting in a total of 356 job losses.

The figures for week 3 reveal an increase in the number of bankruptcies and job losses compared to the previous week.

During the first 3 weeks of 2022, the business courts pronounced 395 bankruptcies. This figure is 14.2% higher than in the first 3 weeks of 2021.

Job losses per bankruptcy are 12.6% lower in 2022 than in the previous year. During the first 3 weeks of 2022, 1.87 jobs were lost per bankruptcy while this ratio amounted to 2.14 in the same period in 2021.

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 3 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 460 479 346 395 +14.20% -17.50% -14.10%
Job losses 727 911 742 740 -0.30% -18.80% +1.80%
Job losses/Bancruptcies 1.58 1.90 2.14 1.87 -12.60% -1.50% +18.50%