STATISTICS BELGIUM. PRESS RELEASE. October 2011: 1.091 bankruptcies. In
October 2011, 1.091 businesses in Belgium went bankrupt, an increase of ...
STATISTICS BELGIUM PRESS RELEASE
October 2011: 1.091 bankruptcies
In October 2011, 1.091 businesses in Belgium went bankrupt, an increase of 25.7% compared to October 2010. The bankruptcies in October resulted in a loss of 1.962 jobs: 1.099 full-time employees, 518 part-time employees and 345 salaried employers lost their jobs. The number of bankruptcies in the first ten months of 2011 amounts to 8.485, a rise of 5.8% compared to the same period last year. In the last ten months, compared to the same period in 2010, the number of failed businesses in the industry sector fell by 0.8%. In construction this number rose by 10.5%, whereas in commerce there was a increase of 1.1%.The hotel and catering industry finally saw an increase of 8.3%. The number of bankruptcies in transportation and other services rose by 10.8%. At regional level and in the same period there was a decline by 1.7% in the Flemish Region, a rise by 10.4% in the Walloon Region and a rise by 18.8% in the Brussels-Capital Region.
* * * Source: FPS Economy – Statistics Belgium The related tables and graphs can be found on the next page More business trends information ! ⇒ For an overview of Belgian and European business trends, please visit the short-term indicators portal site of Statistics Belgium (also in English) : http://statbel.fgov.be/indicators ⇒ All methodological information on figures is available from the Bankruptcies Unit. ⇒ It is also possible to receive data on bankruptcies that are broken down (into sub-sectors, regions) or processed (e.g. seasonally adjusted) further on a once-only or monthly (subscription) basis. ⇒ Besides bankruptcies we also offer many other short-term data : indices of hours worked, new orders, wages and salaries, hours worked, turnover, material costs, output prices, building permits, production,…
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Bankruptcies 2011
2010
Monthly bankruptcies A Total
S
438 1023
O
N
D
J
F
868
791
760
779
7
5
8
7
M
852 1001
A
M
J
J
A
734
996
869
599
426
3
7
12
2
3
S
O
1138 1091
=
100,0%
9
=
0,8%
By activity Agriculture and fishing
4
14
5
8
10
Mining, energy and manufacturing industry
39
54
50
42
45
42
51
59
39
64
40
36
27
69
50
=
4,6%
Construction
65
169
143
127
151
142
129
157
121
178
162
97
62
193
175
=
16,0%
124
276
234
218
202
199
217
279
197
269
245
149
116
296
287
=
26,3%
Trade Hotels and restaurants Transport and other services Non-defined activity
77
188
181
158
126
145
185
189
127
173
150
126
89
232
213
=
19,5%
129
322
253
241
227
244
265
309
247
305
260
189
129
338
357
=
32,7%
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
=
0,0%
99
211
205
188
143
161
181
163
193
206
174
152
82
243
327
=
30,0%
By region Brussels region Flemish region
216
510
417
369
409
373
425
548
349
467
424
278
233
523
450
=
41,2%
Walloon region
123
302
246
234
208
245
246
290
192
323
271
169
111
372
314
=
28,8%
97
187
182
140
120
162
170
184
157
197
142
128
112
190
167
=
15,3%
By legal form Sole proprietor Public limited companies Limited-liability companies Co-operatives Others
52
132
117
115
117
99
114
132
89
128
125
74
69
137
139
=
12,7%
273
653
522
508
493
479
534
628
453
613
551
367
229
759
734
=
67,3%
10
37
31
23
22
24
27
47
26
42
38
23
12
39
46
=
4,2%
6
14
16
5
8
15
7
10
9
16
13
7
4
13
5
=
0,5%
