France business liquidations, seasonally adjusted
France business liquidations, seasonally adjusted stood at 12,352 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, seasonally adjusted | 12,352 | 11,743 | 11,793 | 11,824 | 11,566 | 11,689 | 11,697 | 11,637 | 11,331 | 11,121 | |
| 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 |
Understanding france business liquidations, seasonally adjusted
Judicial liquidations in the seasonally adjusted series count terminal insolvency proceedings where a business ceases operations entirely and its assets are liquidated under court supervision. Unlike safeguard or reorganisation measures, this metric captures entities whose financial distress is deemed irreversible, leading to the definitive cessation of activity and the winding up of the corporate structure. Private employers across all eligible sectors and legal forms are counted once a formal judicial liquidation judgment is issued by the competent tribunal. The seasonal adjustment procedure removes predictable calendar variations, court holidays, and recurring administrative rhythms that otherwise distort quarterly comparisons.
Interpreting this metric requires acknowledging that administrative adjustments applied to remove seasonal effects can be revised as new data points refine the model parameters. Comparing this series directly with raw liquidation figures is misleading because raw counts reflect calendar quirks rather than underlying economic shifts. Analysts should prioritize quarter-on-quarter comparisons of the adjusted figures to gauge immediate changes in corporate mortality, while simultaneously reviewing the sibling reorganisation and safeguard measures to understand whether distressed firms are terminating operations directly or attempting rescue procedures first.
Frequently asked questions
- What event triggers the inclusion of a business in this liquidation measure?
- A company is counted when a court officially issues a judicial liquidation ruling after determining that financial rescue is impossible.
- Why use the seasonally adjusted series instead of the raw count?
- Seasonal adjustment removes calendar effects and court holiday slowdowns, revealing genuine underlying changes in corporate liquidations.
- Does this series include firms undergoing corporate rescue?
- No, liquidations exclusively track terminal insolvency, whereas rescue procedures are tracked separately under reorganisation and safeguard series.