Overview
- Creditreform projects a national insolvency rate of about 76 per 10,000 firms for 2025, up from 71 in 2024, with increases across all 16 states.
- Berlin shows the highest rate at roughly 130 per 10,000, while Thüringen posts the lowest at about 48 and Bavaria and Brandenburg remain comparatively low at 55.
- Services account for the most cases at more than 14,000, with the sharpest increases in manufacturing and trade, and several large failures reported in healthcare and retail.
- About 285,000 jobs are estimated to be threatened or lost and creditor losses are put at around €57 billion, roughly matching last year’s high levels.
- Micro firms represent over 80% of cases, yet 140 larger insolvencies highlight broader stress tied to heavy debt, tight credit, elevated energy costs, regulation and weak demand.