66 bankruptcies in week 16

Enterprises
66 bankruptcies in week 16

During the week from 18 to 24 April included (week 16), the business courts pronounced 66 bankruptcies, resulting in a total of 175 job losses.

So the figures for week 16 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

Every year, during the spring holidays, the number of bankruptcies tends to be lower and even more so during the week following Easter.

During the first 16 weeks of 2022, the business courts pronounced 2,751 bankruptcies. This figure is 45.9% higher than in the first 16 weeks of 2021.

Job losses per bankruptcy are 20.7% lower in 2022 than in the previous year. During the first 16 weeks of 2022, 2.48 jobs were lost per bankruptcy while this ratio amounted to 3.13 in the same period in 2021.

The number of bankruptcies and job losses for the first 16 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 3,343 2,810 1,885 2,751 +45.94% -2.10% -17.71%
Job losses 9,578 7,636 5,903 6,832 +15.74% -10.53% -28.67%
Job losses/Bancruptcies 2.87 2.72 3.13 2.48 -20.70% -8.61% -13.32%

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.