After reaching a summit in 2024, companies’ bankruptcies do not yet seem to take the path of the decline. In the first quarter of 2025, 17,897 companies entered the legal proceedings, whether it was a safeguard procedure (391 companies), a receivership (5,240) or a direct liquidation (12,266). An increase of 2.3 % compared to the first three months of 2024, according to figures published Monday April 28 by the National Center of Judicial Directors and Judicial Agents (CNAJMJ), which collects data from firms spread across France. In total, nearly 50,000 jobs are affected by a procedure – which does not mean that, ultimately, all will disappear.

This increase marked a change in pace compared to the years 2022 to 2024. The end of “whatever it costs”, the energy crisis and inflation caused an explosion of bankruptcies: nearly 66,000 companies in total in 2024, against just over 51,000 in 2019, before the Pandemic of Covid-19, then the Russian invasion of Ukraine. François Desprat, president of CNAJMJ, therefore believes that we can now speak of a relative ” stabilization »». “” We had closed the year 2024 with a 17 % increase in failures compared to 2023 “, He recalls.

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