Steady rise in bankruptcies, though number still low
2 years, 1 month ago

Steady rise in bankruptcies, though number still low

NL Times  

The number of companies declared bankrupt is steadily increasing. According to a monthly report by the Chamber of Commerce, 185 companies went bankrupt last month. “But it is still historically low, lower than in the period before the coronavirus pandemic.” On November 1, the Chamber of Commerce’s trade register counted over 2.3 million companies active in the Netherlands. “Despite all the macroeconomic dynamics of the past few months, the number of starters and quitters are quite stable, and there is still a strong net increase in the number of companies,” Stam noted. In the car trade, another sector highlighted by the Chamber of Commerce, the number of companies decreased after increasing every month last year.

Companies Month Number  sector  chamber  stam  companies  startups  steady  low  increase  trade  month  bankruptcies  rise  number  increasing

History of this topic

Business bankruptcies up a third compared to last year after 6% jump in November
1 week, 6 days ago

Business bankruptcies up a third compared to last year after 6% jump in November

NL Times  

Roughly a third more business bankruptcies have been declared in the Netherlands in the first 11 months of the year compared to the same period in 2023. Through the end of November, 4,198 businesses and individuals declared bankruptcy in the Netherlands, the most for a given year since the entirety of 2019. Despite these well-known retailers declaring bankruptcy in recent …

September saw most bankruptcies in two years
2 years, 2 months ago

September saw most bankruptcies in two years

NL Times  

More companies went bankrupt in September than the average in the past two years, the Dutch Chamber of Commerce said in its monthly trend reports. Small and medium-sized enterprises also saw more companies closing than usual and fewer startups, reflecting the increasing problems many companies face. Last month, 176 companies went bankrupt, the highest number since October 2020. In September, …

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