In July 2025, 698 bankruptcies were registered by the business courts. This is a 39.0% decrease compared to June 2025 (1,144).
Statbel, the Belgian statistical office, also publishes a detailed report with the major developments of the monthly figures on bankruptcies. This report is available here (NL - FR).
The number of bankruptcies registered in July 2025 is lower than in the same month in 2024 (-3.2%) but higher than that in 2023 (+5.3%).
At regional level, the number of bankruptcies has decreased compared to June 2025 in each region. However, it has increased in the Flemish Region and in the Brussels-Capital Region compared to both July 2024 and July 2023. This is actually the highest value in July in the Flemish Region since the previous record in 2024 (437 versus 426), while we have to go back to July 2019 to see a higher number of bankruptcies in that month in the Brussels-Capital Region (207 versus 102).
Since the beginning of this year, the business courts pronounced 3,968 bankruptcies in the Flemish Region. This value exceeds the previous record registered in 2024 (3,791) by 4.7%.
Furthermore, the number of bankruptcies registered in July 2025 decreased in all economic sectors compared to June 2025. However, three sectors registered a higher number than in both July 2024 and July 2023:
- trade with 151 bankruptcies, where we have to go back to 2019 to see a higher number during that month (177);
- transportation and storage with 50 bankruptcies, or the highest number in that sector for July, since the previous record in July amounted to 47 bankruptcies in 2023;
- manufacturing and energy where 39 bankruptcies were registered, or the highest number in July since 2013 (50).
After seven months in 2025, the number of bankruptcies registered in Belgium is a record in two economic sectors:
- construction with 1,640 bankruptcies, or 7.8% more than in 2024 (1,522), the previous record;
- transportation and storage where 454 bankruptcies were registered, which is an 8.9% increase compared to the previous record in 2024 (417).
As regards the number of job losses registered in July 2025, it amounts to 2,518, which is a decrease of 5.9% compared to June 2025 (2,677). It is also an increase of 12.0% compared to July 2024 and of 48.6% compared to July 2023. This is the highest value for July in Belgium since the previous record in 2024 (2,248).
The number of job losses registered in July 2025 is higher than in June 2025 in the Flemish Region only (+18.7%). Only in this latter region does this number also increase compared to both July 2024 (+27.8%) and July 2023 (+55.1%). This high number of job losses (1,692), mainly due to the bankruptcy of a major car glass producer, is actually the highest in July in the Flemish Region since the previous record in 2024 (1,324).
Furthermore, the number of job losses registered in July 2025 increased in two economic sectors compared to June 2025. Indeed, this number went from:
- 151 to 1,001 in manufacturing, energy (+850), or the highest number of job losses since April 2024 (2,588);
- 43 to 49 in information and communication (+6), or the highest number since May 2025 (70).
Moreover, three economic sectors registered a higher number of job losses than in both July 2024 and July 2023:
- manufacturing, energy with 1,001 job losses, or the highest number in that sector for July, since the previous record in July amounted to 597 job losses in 2024;
- accommodation and food service activities, where 349 job losses were registered, or the highest number in July since the previous record in 2018 (327);
- other service activities with 335 job losses, where we have to go back to 2019 to see a higher number during that month (336).
Finally, since the beginning of this year, the number of job losses amounts to 3,531 in accommodation and food service activities. This value exceeds the previous record in this sector (2,910) registered in 2016 by 21.3%.
In addition to this press release and the supplementary report (NL - FR) where the period analysed covers 2013 to 2025, Statbel also publishes more detailed monthly figures which can be broken down by municipality, by NACEBEL 2008 class or even dated back to the year 2000 for bankruptcies and to 2005 for job losses. These figures are available on be.STAT via the tab ‘Figures’ of this publication.
When interpreting the figures, account should be taken of the fact that there is a certain delay between the termination of the economic activity and the notification of bankruptcy by the business court. As a result, the economic impact is only reflected in the figures after a certain period of time.