October 2018: 1,125 bankruptcies

Enterprises
October 2018: 1,125 bankruptcies

In october 2018, 1,125 businesses in Belgium went bankrupt.

The bankruptcies resulted in a loss of 2,209 jobs: 1,145 full-time employees, 640 part-time employees and 424 salaried employers lost their jobs.

The number of bankruptcies in the last six months amounts to 4,643, a decrease of 7.3% compared to the same period last year.

In the last six months, compared to the same period last year, the number of failed businesses in the industry sector dropped by 19.0% In construction this number dropped by 4.7%; whereas in commerce there was a decrease by 8.5%. The hotel and catering industry dropped by 13.4%. The number of bankruptcies in transportation and other services dropped by 2.0%.

At regional level and in the same period there was a decrease by 8.2% in the Flemish Region, a decrease of 17.8% in the Walloon Region and a rise of 3.9% in the Brussels-Capital Region.