In July 2020, 484 companies were declared bankrupt in Belgium, according to figures from the General Statistics Directorate of the FPS Economy.
–
–
The bankruptcies registered in July resulted in 1,061 job losses: 568 full-time, 311 part-time and 182 salaried employers.
The sectors most affected are transport (172), catering (110), trade (109) and construction (73).
At regional level, there are 257 bankruptcies in Flanders, 134 in Wallonia and 93 in Brussels.
However, the figures communicated cannot be considered as a reliable measure of the real economic situation, underlines Statbel, because of the delay between the cessation of economic activity and the declaration of bankruptcy by the commercial court, of the limitation of the activities of courts and company clerks due to the coronavirus crisis and judicial recess.
–
Related
