The Barometer December 2021: After peak in November, number of bankruptcies drops again

Michiel Scheepens
Jan. 19, 2021 - Reading Time 6 minutes

When it comes to the financial health of companies and bankruptcies, we have a better understanding of the current state of affairs than anyone else. In these special times it is very important to keep a finger on the pulse on the financial health of your buyers and suppliers. The barometer shows the current bankruptcies every month in comparison with previous periods and other sectors.

A total of 157* bankruptcies were declared in December 2021 (reference date 6-1-2022). That's 46 fewer than the number of bankruptcies in the same period in 2020 (203) and 162 fewer than 2019 (319). With 207 bankruptcies, November 2021 is the month with the most bankruptcies in 2021. Since the beginning of the corona crisis, the number of bankruptcies has been low, even lower than before the corona crisis. This is a result of government support to ensure that normally healthy organizations stay afloat during the crisis. A side effect of these support packages is that financially unhealthy organizations also do not go bankrupt. *The figures in this report are provisional and may be subject to change.

Top 10 sectors with most bankruptcies in December 2021

Within the industries Trade, (27) and Construction (24). In the Hospitality industry, 11 bankruptcies were declared in December.

Industries with the most bankruptcies in all of 2021

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