Belgian 'silent' bankruptcy prep requests surge 32% as firms seek buyers pre-collapse

Belgian business court data shows a 32% increase in 'private preparation for bankruptcy' requests between 2024 and 2025, a mechanism allowing distressed firms to seek buyers before formal bankruptcy. Notable companies including Van Hool and Lunch Garden have used this route. The rise signals sustained corporate distress in Belgium, though the number of completed procedures remains unclear.

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