Number of bankruptcies pre mounth sice January 2019;
Credit: STATEC/Infogram
According to the latest figures from Luxembourg’s Ministry of Justice and STATEC, 285 companies were declared bankrupt and 37 were liquidated in the first quarter of 2026.
Bankruptcies
The number of bankruptcies remained broadly stable in the first quarter of 2026 compared with the same period in 2025 (285 versus 288 rulings). According to initial estimates, potential job losses linked to bankruptcies fell by more than 27% year-on-year.
In the construction sector, the situation eased slightly, with 45 bankruptcies recorded in the first quarter of 2026, five fewer than a year earlier. Potential job losses in the sector also declined by 12%.
The retail sector recorded 51 bankruptcies in the first quarter of 2026, representing an increase of nearly 42% compared with the same period in 2025, alongside a sharp rise in job losses (+93%).
The hospitality sector (Horeca) registered eighteen bankruptcies, down 51% year-on-year, although initial estimates indicate that job losses among salaried employees increased by 44%.
Liquidations
A total of 37 companies were wound up during the first quarter of 2026. Winding-ups fell by 26% compared with the first quarter of 2025. Around 24% of the companies liquidated during the period were holding companies and investment funds.
STATEC noted that the data are based on court decisions recorded in the Commercial Register, with the most recent figures dating from Monday 13 April 2026.
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.
