220 bankruptcies in week 11
During the week from 14 to 20 March included (week 11), the business courts pronounced 220 bankruptcies, resulting in a total of 444 job losses.
The figures for week 11 reveal an increase in the number of bankruptcies and a decrease in the number of job losses compared to the previous week.
During the first 11 weeks of 2022, the business courts pronounced 1,873 bankruptcies. This figure is 40.3% higher than in the first 11 weeks of 2021.
Job losses per bankruptcy are 20.7% lower in 2022 than in the previous year. During the first 11 weeks of 2022, 2.51 jobs were lost per bankruptcy while this ratio amounted to 3.16 in the same period in 2021.
The number of bankruptcies and job losses for the first 11 weeks of the year
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.