According to the association’s figures GSC and the cabinet Altarsthe first half of 2024 was characterized by a number of record failure with nearly 30,000 business executives without work tools or remuneration. It is one increase of 18.4% compared to the same period the previous year. “About four out of ten companies will not blow out their fifth candle”, observes Thierry Millon, director of studies at Altares.
VSEs are the structures most affected by failure
Entrepreneurs at the head of structures if turnover is less than 500,000 euros represent closely three quarters (76.5%) of those affectedwhich confirms the fragility of small structures. The leaders of small structures of fewer than 5 employees represents almost 9 out of 10 job losses. The property crisis has hit the entire construction sector dangerously, while the transport of goods shows signs of deterioration. No territory escapes this trend and small and medium players remain vulnerable with no hope of significant improvement by the end of the year. “, remarked Anthony Streicher, President of the GSC Association.
Declining activity
Faced with this alarming observation The Association of Self-Employed and Small Businesses (SDI) gets annoyed: “Through its investigations for more than two years, SDI has detected and warned the situation of companies, managers and ultimately… employment.” SDI had published an inventory of VSEs in the second quarter of 2024, where more than 50% of respondents stated that they had problems with liquidity. In the second quarter of 2024, 45% of business leaders were TPE those interviewed stated that they were in the process of refunding one PGE. ” We can therefore see that VSEs have not foreseen the repayment of PGE, which remains a burden, even a Sword of Damocles in the next 2 to 3 years », SDI analyses.
Not to mention that 58% of respondents indicate that the level of activity of Q2 2024 was falls compared to Q2 2023. 86% of business leaders surveyed revealed that they were in a negative state of mind (44% worried).
The state of health of French companies worries experts. In addition, insurance brokers note that more and more insurance companies request and analyze companies’ activity reports before insuring them for civil liability or even sometimes for damages. A company in difficulty would be more likely to be affected than a company in good health.
