Some 1,392 businesses, institutions and organizations were declared bankrupt since January 1, an increase of about 47 percent over the same period in 2023. That was the highest total for the first four months of the year since January-April 2017. On a monthly basis, business bankruptcies rose by 6 percent.
The figures include 167 sole proprietorships that were declared bankrupt during the period, and 1,225 businesses established with another legal form. The totals do not include personal bankruptcies, which also reached 135, the most since the first four months of 2021. That was one year after the start of the coronavirus pandemic.
The overall trend has generally been rising since August 2021, when a record low monthly total of 109 was r…
Read the full article at: https://nltimes.nl/2024/05/13/dutch-business-bankruptcies-47-percent-since-january-worst-start-since-2017