The number of bankruptcies increased significantly in 2024 compared to the previous year. According to Statistics Netherlands (CBS), almost 4,300 companies were declared bankrupt last year. That is an increase of 30 percent compared to 2023 when the number of bankruptcies was nearly 3,300. The number of bankruptcies in 2024 was the highest in eight years.
Bankruptcies increased in almost all sectors compared to 2023. As in previous years, trade had the most bankruptcies in 2024 at 811. The construction industry followed with 618 and specialist services with 509 bankruptcies. These sectors are also the largest in terms of the number of companies.
In absolute terms, the increase in bankruptcies was the strongest in specialist services. In…
