Credit: STATEC
According to the latest figures from Luxembourg's Ministry of Justice and STATEC, 593 companies were declared bankrupt and 92 were liquidated in the first six months of 2025.
Bankruptcies
Bankruptcies were up 7% compared to the first half of 2024 (593 compared to 554 judgments). According to initial estimates, job losses linked to bankruptcies amount to 1,474, compared to 1,674 in the first half of 2024 - a decrease of around 12%.
The highest number of bankruptcies (167) concerned holding companies and investment funds.
The construction sector suffered 89 bankruptcies, resulting in 515 job losses in the first half of 2025 - representing a decrease of 10% and 35% respectively compared to the first half of 2024.
There were also 84 bankruptcies in the trade sector - a decrease of less than 5% compared to the same period in 2024. The loss of salaried jobs is estimated at 186, representing a decrease of around 9% compared to the first half of 2024.
There were 61 bankruptcies in the hospitality industry (+5% compared to the first half of 2024), resulting in the loss of some 229 salaried jobs (-27%).
Liquidations
After remaining at a very low level since 2024, the number of liquidations rose by nearly 28% in the first half of 2025, representing only 20 more judgments than in the first half of 2024.
Nearly 35% of the companies liquidated during the period under review were holding companies and investment funds.
STATEC noted that the bankruptcy statistics are based on court decisions recorded in the Commercial Register, with the most recent data dating from Monday 7 July 2025.
The number of bankruptcies is calculated as the sum of "openings" or "reopenings" minus bankruptcies reported in the judicial procedure ("judgments and declarations of bankruptcy"). These figures are provisional.
