Bankruptcies of SMEs change in Belgium 2008-2018

This statistic shows the percentage change on the previous year of the number of bankruptcies of small and medium enterprises (SMEs) in Belgium from 2008 to 2018. As of 2018, insolvencies in Belgium decreased by approximately one percent when compared to the previous year. Flanders, Wallonia and the Brussels Capital Region offer different kinds of investment aids to assist Belgian or foreign businesses in the region. Many of these measures are aimed at starter businesses or self-employed. One example of this is the so-called Participation Fund (in Dutch: participatiefonds/in French: fonds de participation), a federal public institution offering different loans for both small and medium-sized companies and self-employed.

Percentage change on previous year of the number of bankruptcies of small and medium enterprises (SMEs) in Belgium from 2008 to 2018

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Source

Release date

April 2020

Region

Belgium

Survey time period

2008 to 2018

Supplementary notes

The source does not allow for the data to be shared. The mentioned figures can be accessed as follows:

1) On the left hand side: Tab "Data by theme" -> "Finance" -> "SME Financing" -> "Financing SMEs and Entrepreneuers: An OECD Scoreboard"

2) Top of the web page: select "Customise". Follow the tabs from left to right and select the following:
Country : Belgium.
Indicator : "select all"
Year : from "2007" to "2017"

Once all elements are selected, only then click "View data". If done before, the data will not show.

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