German corporate insolvencies rise 5% in first half of 2026

Around 5,940 capital and partnership companies in Germany filed for insolvency in the first half of 2026, a rise of roughly 5 % compared with the 5,637 cases recorded in the same period of 2025. The numbers represent the highest level of corporate bankruptcies since the financial crisis and continue the upward trend seen last year.

April was the most active month with 1,158 filings, followed by March with 1,111. The share of large‑scale insolvencies is also increasing, with many of the biggest firms entering self‑administration.

Jens Decieux, VP Strategy & Alliances at Septeo CNEE, said: “The current figures show we are no longer dealing with a temporary weak‑demand phase but with a structural strain on the economy. Companies are battling weak demand, high energy and financing costs, rising interest rates, tighter credit and an uncertain geopolitical situation.”

Consumer insolvencies remained largely unchanged, with about 53,850 cases projected for the first half of the year – roughly the same level as the previous year – as inflation eased and the labour market stayed robust.

Analysts warn that a quick relief is unlikely. Ongoing structural challenges, such as high costs and geopolitical uncertainty, are expected to keep corporate insolvency numbers elevated for the remainder of 2026.