Belgium: monthly bankruptcies, by sector 2019-2020

In March 2020, shortly after the start of the coronavirus outbreak in Belgium, roughly 150 construction companies went bankrupt. On the other hand, 144 companies went bankrupt in the hotel, restaurant, and catering sector. This is slightly less than in the same month one year before. The sector which did see a slight increase in March 2020 was transport, as bankruptcies had grown by nearly ten compared to March 2019. First indicators of how much the coronavirus has affected companies in Belgium are likely to arrive in the upcoming numbers for April 2020.

Monthly number of bankruptcies in Belgium from March 2019 to March 2020, by sector

Sector	Food and beverage service activities	Construction	Retail trade, except of motor vehicles and motorcycles	Wholesale trade, except of motor vehicles and motorcycles	Transporting and storage	Wholesale and retail trade and repair of motor vehicles and motorcycles
Mar '20	144	151	115	58	48	33
Feb '20	171	154	111	59	44	31
Jan '20	198	162	117	59	47	38
Dec '19	182	188	142	65	54	35
Nov '19	156	144	94	48	37	23
Oct '19	158	174	142	65	56	28
Sep '19	197	198	149	79	52	31
Aug '19	70	82	75	30	20	7
Jul '19	141	145	106	53	34	18
Jun '19	194	197	127	66	35	33
May '19	196	169	114	62	46	29
Apr '19	190	170	126	54	45	33
Mar '19	177	167	129	70	40	31

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Release date

April 2020

More information

Region

Belgium

Survey time period

March 2019 to March 2020

Special properties

Economic activities according to NACE 2008

Supplementary notes

The figures for bankruptcy in the source are based on the number of declarations of bankruptcy the commercial courts in Belgium received. When necessary extra information from the enterprise register of Statistics Belgium was added.

The source refers to the codes used in the official economic activity groups found in Europe, or the so-called NACE 2008. The codes used in this statistic are: I56, F, G47, G46, H, and G45.

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