69 bankruptcies in week 35

Enterprises
69 bankruptcies in week 35

During the week from 29 August to 4 September included (week 35), the business courts pronounced 69 bankruptcies, resulting in a total of 250 job losses.

The figures for week 35 reveal a decrease in the number of bankruptcies and a stabilisation of the number of job losses compared to the previous week.

During the first 35 weeks of 2022, the business courts pronounced 5,836 bankruptcies. This figure is 51.8% higher than in the first 35 weeks of 2021.

Job losses per bankruptcy are 20.8% lower in 2022 than in the previous year. During the first 35 weeks of 2022, 2.36 jobs were lost per bankruptcy while this ratio amounted to 2.98 in the same period in 2021.

The number of bankruptcies and job losses for the first 35 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 6,829 4,753 3,844 5,836 +51.82% +22.79% -14.54%
Job losses 18,504 15,580 11,449 13,764 +20.22% -11.66% -25.62%
Job losses/Bancruptcies 2.71 3.28 2.98 2.36 -20.81% -28.05% -12.96%

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.