Debts
€621,975 78% of the balance sheet
Financial debts 30%Suppliers 38%Taxes and wages 16%Other 16%
€205,679 of the debts are secured on the company's own assets. In 2021 that was €185,000.
DISTURB STUDIO
Lifetime
20 annual accounts with figures on one time axis, 41 filings since 1985peak €129,559 (2024)
€101,672▼ 21.5%
lowest -€42,849 (2016)
€40,932▼ 37.9%
peak €178,105 (2025)
€178,105▲ 29.8%
€621,975▼ 33.0%
peak 0.4 FTE (2017)
-not published
Board2 names since 2012
2 directorsFouya Julien and 1 other
Documentsfilings and deeds
28-08-202628 days late
2025abbreviated format
Gross margin from €129,559 to €101,672Result from €65,964 to €40,932Equity from €137,173 to €178,105Debts from €928,716 to €621,975
Key points
from the 2025 annual accountsFilings
41 annual accounts since 1985
Nine of the last ten came late. The 2019 accounts came latest: 73 days after the end of the period.
At the same address
581 companies
Checked score
96
Excellent
Financially stronger than 68% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 0.9%▲ +0.2 percentage points vs 07-2025
09-2025: 1.1%▲ +0.2 percentage points vs 08-2025
10-2025: 1.7%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 0.4%▼ -1.3 percentage points vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.2 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%▼ -0.3 percentage points vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €800,079
Liquidity: current ratio 1.40, cash €318,639
Figures for financial year 2025 (filed on 29-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 42% of them on solvency, 81% on liquidity, 70% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as DISTURB STUDIO has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of DISTURB STUDIO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for DISTURB STUDIO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.4 (1.18 in 2024), below the usual 1.5. Short-term debt is 54.7% and cash 39.8% of total assets. 77.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €178,105
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
57 days late
2023
29 days late
2022
66 days late
2021
24 days late
2020
30 days late
2019
73 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
FE
FOUYA Emeline
Director, since 21-12-2023
FJ
Fouya Julien
Manager, since 21-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0425823763
Company renamed from FOUYA PRODUCTION to DISTURB STUDIO
Registered office moved within Brussels · New registered office: avenue Louise 231, 1050 Bruxelles · Previous registered office: Avenue Arnaud Fraiteur 15/23, 1050 Bruxelles · General meeting of 21-12-2023 · Gazette deed
Registered office moved from Ponixelles to Brussels
New registered office: Avenue Arnaud Fraiteur 15/23, 1050 Bruxelles · Previous registered office: Avenue Beslie 10.7, 1100 Ponixelles · General meeting of 10-11-2021 · Gazette deed
Registered office moved within Brussels
New registered office: Avenue Besme, 107 1190 Bruxelles · Previous registered office: RUE FORESTIERE 39 A 1050 BRUXELLES · General meeting of 11-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| DISTURB STUDIO Brussels | €800,079 | €101,672 | 22.3% | - |
| NOORD-IMMO Kapellen | €741,760 | €91,853 | 91.5% | - |
| VEITHEN Amblève | €792,069 | €88,491 | 94.6% | - |
| BOECHOUTSE IMMOBILIEN MAATSCHAPPIJ Antwerp | €802,957 | €105,638 | 39.4% | - |
| SINT-JOZEF Meerhout | €930,186 | €96,592 | 16.6% | - |
| ASSIM Asse | €822,777 | €114,019 | 64.2% | - |
| MARECHAL NV Koksijde | €835,638 | €126,921 | 96.1% | 1.8 |
These companies have the same main activity as DISTURB STUDIO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €742,000 and €930,000, founded between 1985 and 1989.
Official details
Source: KBO- Status
- Active since 15-05-1984Normal situation
- Registered office
- 582 active companies are registered at this address52 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Real estate agency activitiesNACE 68310and 3 others
- Establishment units
- 2.038.335.1351050 Brussels, since 01-01-2008
- 2.233.686.5041050 Ixelles, since 01-12-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Insights on DISTURB STUDIO
DISTURB STUDIO files the abbreviated format. That format states no turnover. The gross margin rose from €42,657 in 2006 to €101,672 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about DISTURB STUDIO
- What is the company number of DISTURB STUDIO?
- The company number of DISTURB STUDIO is 0425.823.763. The VAT number is the same number with BE in front: BE 0425.823.763.
- Where is DISTURB STUDIO based?
- The registered office is at Louizalaan 231, 1050 Brussels.Company details
- What does DISTURB STUDIO do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of DISTURB STUDIO?
- DISTURB STUDIO is a private limited company (BV).
- When was DISTURB STUDIO founded?
- DISTURB STUDIO was founded on 15-05-1984.
- Is DISTURB STUDIO still active?
- Yes, DISTURB STUDIO is an active enterprise in the KBO register.
- How many employees does DISTURB STUDIO have?
- DISTURB STUDIO had an average of 0.1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of DISTURB STUDIO?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €101,672 and 32 comparable companies (NACE 68310). It probably lies between €140,000 and €270,000.
- Is DISTURB STUDIO profitable?
- In financial year 2025, DISTURB STUDIO made a profit of €40,932.
- Where can I find the annual accounts of DISTURB STUDIO?
- DISTURB STUDIO filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of DISTURB STUDIO due?
- DISTURB STUDIO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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