It is a paradox: as the country is going through a crisis of unprecedented magnitude, business failures will reach their lowest level this year.
The wave predicted for the fall did not take place.
Some 34,100 failures (cumulative over 12 months) were counted in October, according to a BPCE study, while in a typical year they amount to an average of 50,000.
This distortion results from the economic support measures put in place by Bercy (deferral of social and fiscal charges, partial activity for employees, solidarity fund, loan guaranteed by the State).
Unfortunately this lower share of failures in 2020 does not reflect reality.
Companies in bad shape before the outbreak of the pandemic benefited from this aid and have since been artificially maintained in activity.
This is why it is urgent, for Lionel Canesi, the new president of the Superior Council of the Order of Chartered Accountants, "
to distinguish between solvency
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