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Monthly number of bankruptcies in Belgium 2018-2020

Local commercial courthouses provide information on the monthly number of bankruptcies in Belgium. From January 2018 to March 2020, hundreds of companies went bankrupt every month. In August 2020, 382 Belgian companies went bankrupt.

Over this period, the number of bankruptcies in Belgium peaked at 1.125 in October 2018. Suspended payments and loss in faith from creditors are two necessary conditions for a company to be declared bankrupt.

Monthly number of bankruptcies in Belgium from January 2018 to August 2020

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Source

Release date

September 2020

Region

Belgium

Survey time period

January 2018 to August 2020

Supplementary notes

The figures for bankruptcy in the source are based on the number of declarations of bankruptcy the commercial courts in Belgium received. When necessary extra information from the enterprise register of Statistics Belgium was added.

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