Over 10,000 jobs lost so far this year due to bankruptcies

Over 10,000 jobs lost so far this year due to bankruptcies
Brussels skyline. Credit: Belga/Eric Lalmand

In the first four months of 2025, 10,936 jobs were lost due to bankruptcies, according to figures published by Belgian statistics agency Statbel.

From January to April, the courts declared 3,968 bankruptcies. In April alone, there were 982 bankruptcies, 6.2% more than in the same month last year. According to Statbel, this is the highest number of bankruptcies in April since 2013.

A large proportion of the jobs lost in the period from January to April were in the hospitality industry (2,396 jobs), construction (1,816 jobs) and the transport sector (1,198 jobs).

Last year, slightly more jobs (11,520) were lost in the first four months, but this included the major bankruptcy of Van Hool. Over 1,500 jobs were lost at the bus manufacturer.

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