The Number of Bankruptcies Continues to Decline. In August, 278 Companies Went Bankrupt, Accordance to Statistics Netherlands (CBS). That is 54 ferwer than in August 2024, a decrease or 16 percent.
Among Others, Potato and Fries producer Cêlavíta Filed for Bankruptcy in August. Furthermore, Packaging Company Paardekooper and Many Subsidiaries of Shoe Brand van Lier Went Bankrupt. Van Lier Struggled, For Example, With Repaying Corona Debts.
The Relative Number of Bankruptcies is also decreasing, accordance to Statistics Netherlands (CBS). Per 100,000 companies, 7.5 Went Bankrupt in August. In August 2024, that was 9.3. CBS Reports The Relative Number of Bankruptcies because Gives a Purer Picture of the Development of Bankruptcies, and because it makes compareany Sectors Easier.
Or All Sectors, The Hospitality Industry had the most bankruptcies in relative Terms. That number increased from 25.6 to 30.8 per 100,000 companies.