August 8, 2022
During the week from 25 to 31 July included (week 30), the business courts pronounced 106 bankruptcies, resulting in a total of 299 job losses.
The figures for week 30 reveal an increase in the number of bankruptcies and job losses compared to the previous week.
During the first 30 weeks of 2022, the business courts pronounced 5,474 bankruptcies. This figure is 54.6% higher than in the first 30 weeks of 2021.
Job losses per bankruptcy are 23.0% lower in 2022 than in the previous year. During the first 30 weeks of 2022, 2.33 jobs were lost per bankruptcy while this ratio amounted to 3.03 in the same period in 2021.
The number of bankruptcies and job losses for the first 30 weeks of the year
| Category | 2019 | 2020 | 2021 | 2022 | 2022/2021 | 2022/2020 | 2022/2019 |
|---|---|---|---|---|---|---|---|
| Bancruptcies | 6,303 | 4,315 | 3,541 | 5,474 | +54.6% | +26.9% | -13.2% |
| Job losses | 16,894 | 13,170 | 10,736 | 12,774 | +19.0% | -3.0% | -24.4% |
| Job losses/Bancruptcies | 2.68 | 3.05 | 3.03 | 2.33 | -23.0% | -23.5% | -12.9% |
Source: STATBEL
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