nuNov 12, 2026, 06:25

More businesses go bankrupt in October, hospitality sector hit hardest

Business bankruptcies in the Netherlands rose in October, with the hospitality sector recording the highest rate of insolvency. Statistics agency CBS reported an overall bankruptcy rate of 8.5 per 100,000 companies, noting that the industrial sector also saw a significant increase.

The Netherlands saw an increase in business bankruptcies during October, with 69 more filings compared to the same month last year. According to statistics agency CBS, the bankruptcy rate reached 8.5 per 100,000 businesses, up from 6.8 during the previous year. This metric allows for a more accurate comparison of trends across different sectors, accounting for fluctuations in total business numbers over time.

The hospitality sector faced the highest proportion of bankruptcies last month, recording 25.1 filings per 100,000 establishments, slightly higher than the 23.3 recorded in the prior year. Additionally, the industrial sector experienced a notable rise in its insolvency rate, climbing from 19.5 to 24.8 in October. These figures highlight ongoing economic pressures affecting various industries across the country, as data shows a consistent upward trend in business failures compared to previous annual records.

Economy Business Netherlands

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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