• Nearly 200,000 companies in Western Europe filed for bankruptcy in 2025, the highest in over 20 years, according to Creditreform.
  • The number of bankruptcies rose 4.8% compared to 2024, marking the fourth consecutive increase.
  • The services and trade sectors were hit hardest due to weak consumer demand.
  • Regional differences are large: Switzerland saw a 35.3% increase, while the Netherlands recorded a 14.7% decline.
  • In Central and Eastern Europe, bankruptcies fell to 37,000, with better growth forecasts.
  • In Austria, bankruptcies rose for the fourth consecutive year to 6,982 cases.

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