The article explains, whether a company on the verge of bankruptcy in 2025 has a real chance of saving its business, what restructuring tools are the most effective and how current economic data and forecasts for 2025–2026 affect the possibilities of overcoming the crisis.
Many entrepreneurs in Poland are entering 2025 with trepidation—rising operating costs, wage pressure, payment backlogs, and weaker demand have pushed thousands of companies to the brink of insolvency. However, the latest macroeconomic data and forecasts for 2025–2026 show that the crisis doesn't have to mean the end of business. On the contrary, it may become turning point, If the entrepreneur will react early enough.
CONTENTS:
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What is the situation of Polish companies in 2025?
2024 brought significant financial stress to business, but the end of the year showed the first signs of a rebound. In 2025, this recovery will enter a phase of significant strengthening.
Key economic data 2025–2026:
- According to the NBP projection GDP in 2025 will accelerate to 3.4% (from 3% in 2024).
- In 2026 the growth rate may even reach 3,7%.
- Inflation is expected to fall around the NBP target, which will stabilize prices and improve cost predictability.
- Unemployment will remain at low level, and the labor market will remain stable.
- One of the key growth drivers is to become investments, driven by national and EU funds.
This means that companies restructuring in 2025 are entering an economic period that will be much more favorable for them than the years 2021–2023.
Does a company on the verge of bankruptcy still have a chance?
Yes - provided action is taken before the company will lose liquidity.
In 2024, data on the current condition of companies improved particularly significantly:
The most important signs of a rebound at the end of 2024:
- Financial liquidity companies reached the highest value in the year (136 points; +10.2 points m/m).
- 51% company declares liquidity for more than 3 months, and another 32% for 2–3 months.
- Sales indicator increased by 11.2 points m/m - above neutral level for the first time in six months.
- New orders have been growing continuously for six months (101.6 points).
- Investments, although still slightly below neutral, are clearly rebounding (+5.1 points to 99.3 points).
- The best moods prevail in large companies (118 points) i service sector.
This environment significantly facilitates effective restructuring – especially for companies that react quickly.
Restructuring 2025: Why is now a turning point?
Companies in crisis today are using tools that were rarely used just a few years ago. The most important of these are:
- Pproceedings for approval of the arrangement (PZU) — fast, often contactless, very effective.
- Out-of-court restructuring — mediation, negotiations with creditors, valuations and analyses.
- Anti-debt collection shields — protection of property against execution.
- Support from restructuring advisors — a real alternative to bankruptcy.
In 2025, restructuring becomes even more effective thanks to:
✔ improving liquidity of customers and contractors,
✔ increase in orders and sales,
✔ greater willingness of banks and funds to negotiate,
✔ favorable macroeconomic prospects.
A company that is struggling to survive today may be operating in a much more favorable environment in 2026.
When does a crisis become an opportunity? 5 key moments
In 2024 and early 2025, a clear trend is visible: companies that entered into protective procedures now often:
- they are making up for losses thanks to an increase in orders,
- renegotiate loans and leases,
- obtain an arrangement with creditors,
- stabilize employment,
- return to investment.
The economic rebound in 2025-2026 means that more and more companies have a real chance to not only survive, but emerge from the crisis stronger.
Crisis or a new chance for success?
In 2025, companies on the verge of bankruptcy will have access to the most effective recovery tools in the history of Polish restructuring law—and at the same time, they will enter an economic period that is conducive to reconstruction.
This is the best moment in several years to treat the crisis not as an end, but as the beginning of change, that can get your company back on track.
Here are the basic steps to take if you notice problems in your company:
- Assessment of the situation:
a) Gather information about the problem,
b) Identify the causes crisis and its potential impact on the company,
c) Contact a professional Restructuring Advisor, - Preparation of a common architecture for restructuring operations/ bankruptcy where appropriate
- Development of consistent internal and external communication
- Develop an action plan that includes short-term and long-term steps
- Prepare a restructuring plan and identify the tools to be used to achieve the restructuring objective,
- Implementation of actions,
- Monitoring of activities,
- Willingness to make changes to the plan if the situation requires it,
- Evaluation of the effects of the measures taken,
- Make changes to company proceduresto prevent similar situations in the future.
It is important to act quickly, but at the same time to analyse each step carefully. It is also crucial to maintain open and transparent communication with all interested parties. As PMR Law Firm We actively support entrepreneurs in restructuring not only on the way restructuring, but also in many other key areas. Our team of experienced experts helps in effective communication with creditors, which is an essential element of successful restructuring. Thanks to our professional services, entrepreneurs can count on negotiating favorable terms of debt repayment and building constructive relationships with creditors. In addition, we offer wide-ranging business support, advising on strategic, operational and financial issues, which allows entrepreneurs not only to survive difficult times, but also to dynamically develop and achieve long-term goals.
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