92 bankruptcies in week 23

Enterprises
92 bankruptcies in week 23

During the week from 6 to 12 June included (week 23), the business courts pronounced 92 bankruptcies, resulting in a total of 243 job losses.

So the figures for week 23 reveal a decrease in the number of bankruptcies and job losses compared to the previous week.

The number of bankruptcies pronounced is generally lower during the week following Whit Sunday. This calendar effect also occurred last week.

During the first 23 weeks of 2022, the business courts pronounced 4,073 bankruptcies. This figure is 51.4% higher than in the first 23 weeks of 2021.

Job losses per bankruptcy are 22.3% lower in 2022 than in the previous year. During the first 23 weeks of 2022, 2.38 jobs were lost per bankruptcy while this ratio amounted to 3.06 in the same period in 2021.

The number of bankruptcies and job losses for the first 23 weeks of the year

Category 2019 2020 2021 2022 2022/2021 2022/2020 2022/2019
Bancruptcies 4,925 3,342 2,691 4,073 +51.4% +21.9% -17.3%
Job losses 13,351 9,091 8,247 9,699 +17.6% +6.7% -27.4%
Job losses/Bancruptcies 2.71 2.72 3.06 2.38 -22.3% -12.5% -12.2%

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.