Finance

Only six percent of companies needed continuous corona support

The analysis was made at the request of the Ministry of Economic Affairs and Climate. From March 2020 to June 2021, five support packages have been in effect.

In total, more than 26,000 companies (6 percent of all companies) employing two or more people received continuous support. Of the cinemas, 80 percent did. The companies made use of compensation for fixed costs (TOGS/TVL) and often also compensation for wage costs (NOW).

Self-employed persons could not rely on this form of support. Before them there was the Tozo, but those figures are not shown now. Other schemes, such as tax deferral and various loan guarantees, are also not included.

cafes

After cinemas, theaters were the most likely to contact the government in all periods (69 percent). This was 56 percent for coach companies and 47 percent for hotels.

In the top ten are also cafes, travel agencies, sports halls, amusement parks and arcades.

Summer

It has not been examined how much support has been given, says Peter Hein van Mulligen, chief economist at CBS. It can vary per company from hundreds of euros to millions.

“We only know that six percent of companies have requested and received help from all five support packages. Six percent does not seem much, by the way, but that is because many companies were temporarily able to stand on their own two feet in the summer when the lockdown was lifted. For example, they have received support four out of five periods.”

This concerns, for example, another quarter of the hotel restaurants and cafes.

Influence of lockdowns

Through June 30, 2021, nearly 162,000 companies (39 percent) with at least two employees received support for at least one period.

In particular, during the first lockdown in March 2020, some sectors were hit hard. During the summer months (third quarter of 2020), companies made considerably less use of support (14 percent).

In the summer easing took place, reducing the need for support or companies no longer meeting the conditions to qualify for the schemes. In particular, dentists, driving schools and hairdressers, who still made relatively frequent use of the support measures in the second quarter, hardly appealed to follow-up support.

After the summer of 2020, the infection rate rose again and the Netherlands went into lockdown again in December 2020. This led to an increase in the number of companies applying for support in late 2020 and early 2021

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