98 bankruptcies in week 1

Enterprises
98 bankruptcies in week 1

During the week from 4 to 10 January included (week 1), the business courts pronounced 98 bankruptcies, resulting in a total of 179 job losses. The number of bankruptcies shows a clear increase, both in comparison with the last week of 2020 and the first week of previous years. However, it should be noted that both in week 53 of 2020 and in week 1 of the previous years, there was a public holiday, where the business courts were closed.

The number of bankruptcies and job losses for the first week of the year

Category 2019 2020 2021
Bancruptcies 64 73 98
Job losses 115 188 179
Job losses/Bancruptcies 1.80 2.58 1.83

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.