Where are EU insolvency events published?

Each member state has its own official gazette. Spain publishes concursos in BORME. France publishes procédures collectives in BODACC (family 'collective'). The EU Insolvency Register (IRI) consolidates cross-border procedures from all 27 member states under Regulation 2015/848.

What event types matter for credit risk?

Early warning signals: preventive restructuring (Spain: preconcurso; France: sauvegarde). Critical: insolvency declaration (Spain: auto de concurso; France: redressement judiciaire). Final stage: liquidation (Spain: liquidación; France: liquidation judiciaire). Also watch cessación de actividad (operations halted) and extinción (legal dissolution).

How quickly is insolvency data published?

BORME and BODACC publish the day after a court order is signed — typically 24-72h from the event. The Prometiam API ingests daily, so monitoring detects events within ~24h of first publication.

What is the difference between sauvegarde and redressement judiciaire?

Sauvegarde is preventive: the company is still solvent but wants court protection to restructure. Redressement judiciaire is reactive: the company is already insolvent (cessation des paiements) and the court oversees a 6-18 month observation period to attempt recovery before potentially moving to liquidation judiciaire.

How do I monitor a specific company for insolvency?

Use the Prometiam API's company-events timeline endpoint: GET /company-events/timeline?company_id={id}&type=insolvency will return any insolvency-family event with date, tribunal, and notice reference. Or set a recurring sanctions/insolvency screen via GET /search?name={name}&country=ES|FR.

Insolvency monitoring across Europe

How company bankruptcy and liquidation events are published in Spain and France, and how to turn them into an automated early-warning signal for counterparty and credit risk via REST API.

Spain — concurso de acreedores

Spanish insolvency proceedings (concurso) are published in the BORME. The key signals are the concurso declaration and the tax authority's "declaración de deudor fallido" (insolvent-debtor) annotation. Prometiam surfaces these as corporate-event and insolvency-notice records you can poll daily.

France — procédure collective

French collective proceedings (sauvegarde, redressement, liquidation judiciaire) are published in BODACC. The jugement dates and procedure type flag a company in distress; Prometiam exposes them from the BODACC feed with the SIREN linkage intact.

Automating it

Poll the corporate-event timeline or the insolvency search for the companies you care about.
Or subscribe a company to monitoring and receive a webhook the day a distress event is published.

Insolvency coverage spans Spain (44K concursal proceedings) plus a cross-border corporate feed of over 300K distress notices and 330K dissolutions from France, Germany, the UK, Austria, Norway, Switzerland, Finland and the US. Corporate only — personal filings are never returned. The same key also covers registry data across six countries and sanctions + US export-control screening.

Frequently asked questions

Where are EU insolvency events published?: Each member state has its own official gazette. Spain publishes concursos in BORME. France publishes procédures collectives in BODACC (family 'collective'). The EU Insolvency Register (IRI) consolidates cross-border procedures from all 27 member states under Regulation 2015/848.
What event types matter for credit risk?: Early warning signals: preventive restructuring (Spain: preconcurso; France: sauvegarde). Critical: insolvency declaration (Spain: auto de concurso; France: redressement judiciaire). Final stage: liquidation (Spain: liquidación; France: liquidation judiciaire). Also watch cessación de actividad (operations halted) and extinción (legal dissolution).
How quickly is insolvency data published?: BORME and BODACC publish the day after a court order is signed — typically 24-72h from the event. The Prometiam API ingests daily, so monitoring detects events within ~24h of first publication.
What is the difference between sauvegarde and redressement judiciaire?: Sauvegarde is preventive: the company is still solvent but wants court protection to restructure. Redressement judiciaire is reactive: the company is already insolvent (cessation des paiements) and the court oversees a 6-18 month observation period to attempt recovery before potentially moving to liquidation judiciaire.
How do I monitor a specific company for insolvency?: Use the Prometiam API's company-events timeline endpoint: GET /company-events/timeline?company_id={id}&type=insolvency will return any insolvency-family event with date, tribunal, and notice reference. Or set a recurring sanctions/insolvency screen via GET /search?name={name}&country=ES|FR.