Taxi companies that felt safe in recent months and could not expect the arrival of the bailiff are no longer automatically protected from bankruptcy from tomorrow. The so-called moratorium on bankruptcies ends tonight. This meant that companies that were in good shape before the corona crisis were protected against bankruptcy.

In other words, they received a respite. Bankruptcies were still pronounced, just think of Swissport last week. Trade Information Office Graydon expects an influx of bankruptcies from September, with potentially major consequences. 

"It is a good thing that bankruptcies can be pronounced again, because even more postponement would only make the problems worse," Eric Van den Broele of Graydon told the Flemish channel VRT. “But on the other hand, I expect such an influx of bankruptcy filings from September onwards, with the result that the courts will not be able to process them. The suppliers of companies that go bankrupt, for example, could also face serious difficulties. ”

The moratorium ensured that bankruptcy proceedings could not be started for the companies that were hard hit by the crisis, but were in good health until March 18. On April 24, 2020, a moratorium on creditors' enforcement measures and bankruptcy or judicial winding-up came into effect for Belgian companies facing financial difficulties due to the COVID-19 pandemic / epidemic and the measures taken in this context. This protection was initially in effect until May 17, 2020. The moratorium was previously extended until June 17, 2020.

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