91 bankruptcies in week 34

Enterprises
91 bankruptcies in week 34

During the week from 22 to 28 August included (week 34), the business courts pronounced 91 bankruptcies, resulting in a total of 248 job losses.

The figures for week 34 reveal an increase in the number of bankruptcies and job losses compared to the previous week.

During the first 34 weeks of 2022, the business courts pronounced 5,767 bankruptcies. This figure is 53.0% higher than in the first 34 weeks of 2021.

Job losses per bankruptcy are 21.5% lower in 2022 than in the previous year. During the first 34 weeks of 2022, 2.34 jobs were lost per bankruptcy while this ratio amounted to 2.99 in the same period in 2021.

The number of bankruptcies and job losses for the first 34 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 6,758 4,672 3,769 5,767 +53.0% +23.4% -14.7%
Job losses 18,372 15,398 11,251 13,514 +20.1% -12.2% -26.4%
Job losses/Bancruptcies 2.72 3.30 2.99 2.34 -21.5% -28.9% -13.8%

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.