Number of bankruptcies rises sharply, Antwerp province hardest hit: “This is just the beginning”

What has long been feared is gradually coming to fruition: a peak of bankruptcies occurred in the past month of March. Antwerp has the worst score of all Flemish provinces: an increase of 128.7% compared to March last year. According to Eric Van den Broele of Graydon Belgium, this is just the beginning. “From now on, we will only see increasing numbers month by month.”

—