The research firm Altares present a statement halftone for business failures. If their overall number is down in the second quarter of 2012, failures of SMEs explode. The horizon of business failures seems to emerge. But if we look closer, some sectors and actors suffer particularly. This is the paradoxical observation drawn by the firm Altares. In the second quarter 2012, the courts issued a total of 13,722 backup procedures, receivership or liquidation, according to data from Altares. Which is a 4.7% decline compared to the same period of 2011.”This trend could confirm that the biggest challenge is behind us,” said Altares in a statement.

The number of jobs involved is still very high: 72,500 employees are involved in the second quarter by the failure of their business. This is up from 25.6% in one year and the highest level recorded in five years, says the firm. The second quarter of 2012 was particularly marked by failures poultry group Doux or the security company Neo Security. Sectors of real estate development, consulting and software systems record dramatic increases in the number of failures. According to the company, the decline in business failures is carried by micro businesses without employees “who appear to have habituated to the effects of the crisis and have called into running order”, with a decreasing number of failures of 19%.


Outstanding SMEs

The most worrisome is the status of SMEs. They “suffer like at the height of the crisis”: 150 companies with over 50 employees have been a failure in the second quarter. This is 49.5% more than in spring 2011 and that almost as many at the second quarter of 2009. President of the General Confederation of SMEs (CGPME), Jean-Francois Roubaud, spoke Tuesday a real cash flow problem. The uncovered arise because payment periods in our companies are elongated, including local authorities who do not pay on time. Companies often turn to their bank to cash facilities, they do not get it and there are bankruptcies coming soon because an SME, it can not stand very long, “he said on BFM Business.

In this context, the CGPME calls for reactivation of a device whose establishment in 2008 had saved over 20,000 companies. I asked what was put in place again and emergency device OSEO (bank specialized in SME support,) was introduced in late 2008 , that is to say to medium-term credits in lieu of bank overdrafts. For now I await the answer, said Roubaud.