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.
By October 2021 (arrow date 18-10-2021), a total of 117* bankruptcies have been declared. That's 69 fewer than the number of bankruptcies in the same period in 2020 (186) and 226 fewer than 2019 (342). With 193 bankruptcies, March 2021 is still 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 October 2021
Within the Construction (20) and Business Services (12) industries, the most bankruptcies were declared in October 2021.
Industries with the most bankruptcies in all of 2021
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