France business failures: judicial liquidation, raw
France business failures: judicial liquidation, raw stood at 12,159 Number in Q2 2026, according to URSSAF – Union de recouvrement des cotisations de sécurité sociale et d'allocations familiales. It is one of the indicators in the Insolvency proceedings table (Value · Quarterly), with a complete series running from Q1 2004 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Insolvency proceedings table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Judicial liquidation, raw | 12,159 | 12,596 | 12,548 | 10,386 | 11,364 | 12,596 | 12,437 | 10,188 | 11,109 | 12,053 | |
| Judicial reorganisation, seasonally adjusted | 4,519 | 4,377 | 4,396 | 4,233 | 4,163 | 4,083 | 4,044 | 4,113 | 4,087 | 3,867 | |
| Judicial reorganisation, raw | 4,539 | 4,576 | 4,828 | 3,611 | 4,167 | 4,283 | 4,433 | 3,520 | 4,065 | 4,086 |
Understanding france business failures: judicial liquidation, raw
Raw judicial liquidations quantify the exact count of terminal insolvency rulings handed down against private employers during a specific quarter, without any mathematical smoothing for calendar anomalies. This metric captures instances where enterprises face definitive cessation of activity, asset dispersion, and the complete winding up of operations under court direction. It differs from adjusted variants by retaining every calendar distortion, such as varying numbers of working days, court recesses, and administrative processing delays that occur naturally across different quarters. Sibling raw series track alternative legal statuses such as safeguards and reorganisations, allowing observers to see the unadjusted distribution of distinct insolvency stages.
Evaluating raw figures requires careful attention to the calendar configuration of each period, as court operating schedules heavily influence quarterly tallies. Comparing one quarter directly with the immediately preceding quarter often misleads due to recurring seasonal dips and surges in tribunal activity. Analysts should instead evaluate the same quarter from previous years or rely on the accompanying seasonally adjusted series to separate genuine economic distress from routine administrative fluctuations.
Frequently asked questions
- What distinguishes raw liquidations from adjusted liquidations?
- Raw liquidations record the exact number of court rulings issued in a period without any statistical smoothing for calendar quirks.
- Why might a specific quarter show an uncharacteristic drop in raw liquidations?
- Court holidays, reduced working days, or administrative backlogs during specific months often depress the raw count for that quarter.
- Can raw counts be compared directly against adjacent quarters?
- Direct quarter-on-quarter comparison of raw data is discouraged because recurring calendar variations distort the underlying insolvency trend.