249 bankruptcies in week 37

Enterprises
249 bankruptcies in week 37

During the week from 12 to 18 September included (week 37), the business courts pronounced 249 bankruptcies, resulting in a total of 570 job losses.

The figures for week 37 reveal an increase in the number of bankruptcies and job losses compared to the previous week.

During the first 37 weeks of 2022, the business courts pronounced 6,254 bankruptcies. This figure is 50.4% higher than in the first 37 weeks of 2021.

Job losses per bankruptcy are 18.9% lower in 2022 than in the previous year. During the first 37 weeks of 2022, 2.37 jobs were lost per bankruptcy while this ratio amounted to 2.92 in the same period in 2021.

The number of bankruptcies and job losses for the first 37 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 7,291 5,024 4,157 6,254 +50.4% +24.5% -14.2%
Job losses 19,610 16,212 12,143 14,821 +22.1% -8.6% -24.4%
Job losses/Bancruptcies 2.69 3.23 2.92 2.37 -18.9% -26.6% -11.9%

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.