In all three regions saw an increase in the number of companies being declared bankrupt in 2024.
– In Flanders there was a record number of bankruptcies for the second year running: 6,674. This is 5.49% more than in 2023.
– In Brussels, a total of 1,969 companies were declared bankrupt, a rise of 15.08% on 2023.
– In Wallonia, there were 2,803 bankruptcies, up 4.98% on 2023.
Construction, transport and garages fared particularly badly. In the construction industry there were 14.16% more bankruptcies than in 2023. In transport 5.48% more companies went bust than in 2023. 12.9% more garages went bankrupt in 2024 than was the case in 2023.
Interestingly, the hotel and catering industry did not fare badly at all. There was a slight…