204 bankruptcies in week 9

Enterprises
204 bankruptcies in week 9

During the week from 27 February to 5 March included (week 9), the business courts pronounced 204 bankruptcies, resulting in a total of 705 job losses.

The figures for week 9 reveal an increase in the number of bankruptcies and job losses compared to the previous week.

During the first 9 weeks of 2023, the business courts pronounced 1,681 bankruptcies. This figure is 12.9% higher than in the first 9 weeks of 2022 and 4.7% lower than in the first 9 weeks of 2019.

Job losses amount to 6,150 in 2023, an increase of 63.7% compared to 2022 and of 35.0% compared to 2019. This increase is mainly due to the bankruptcy of a large enterprise in the trade sector in January.

The number of bankruptcies and job losses for the first 9 weeks of the year

Category 2019 2020 2021 2022 2023 2023/2022 2023/2019
Bancruptcies 1,764 1,815 1,070 1,489 1,681 +12.9% -4.7%
Job losses 4,557 5,026 3,417 3,758 6,150 +63.7% +35.0%

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.