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TROUBLEYN/JAN FABRE

Active
Non-profit associationfounded 1986active for 40 yearsPastorijstraat 23, 2060 Antwerpen, BelgiumKBO/BCE: BE 0432.403.531
Summary

TROUBLEYN/JAN FABRE has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€23,139) and a net result of -€227,378. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 638 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Performing arts by independent artists
NACE 90201Performing arts by artistic ensembles NACE 90202
1 site
Size
€730,151total assets 2025
Staff
3.8 FTE
Equity
-€23,139
Deficit
-€227,378
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 74 days early1 of 9 deeds read
Why 54raises riskCapped at 59: negative equityNegative equity -€23,139Loss of €227,378, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 12.32, cash €225,588Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 26% of its sector peers (NACE 90, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 22-18
equity -3.2% of total assets
Liquidity 89+30
short-term debt 7.8% · cash 30.9%
Profitability 0-10
return on assets -31.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,420 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: 0.1%▲ +0.1 percentage points vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 12.32, compared with 30.3 in 2024, above the usual 1.5; short-term debt: 7.8% and cash: 30.9% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 90, micro): better than 16% on solvency, 78% on liquidity, 7% on profitability and 4% on growth.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
raises risk · Negative equity -€23,139
NBB · annual accounts
raises risk · Loss of €227,378, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 12.32, cash €225,588
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€23,139
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 days early
2024
49 days early
2023
26 days late
2022
31 days late
2021
65 days late
2020
5 days early
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 90) for financial year 2024 is 4 days before the deadline, and 38% 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 27 August (4 of the last 5 filed years within 76 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€227,378
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€23,139 View
  • Caution: Result fell in 2025from -€94,028 to -€227,378 ▼ 142% View
  • Caution: Among the weakest 5% on net resultsector median €12,519 · 641 companies -€227,378 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€227,378 View
  • Flemish supportawarded from 2022 to 2025 €956,309 View

By topic

Financials

Financial year
2025
Total assets
€730,151
Loss
-€227,378
Solvency
-3.2%
Total assets▼ 46.8%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
  • Chantal PauwelsDirector
  • CRAUWELS KatarinaDirector
  • Erik SansenDirector
Go to Board & ownership

Timeline

Events
30
Since
2007
Next accounts
by 31-07-2027
  1. 11-04-2025Resignations: Erik Sansen, Chantal Pauwels and 3…
  2. 31-12-2024Liquidity more than doubled
  3. 26-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Performing arts by independent artistsNACE 90201
Founded
01-09-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
24
Purpose
“De hedendaagse podiumkunst bevorderen,onder andere,zonder daartoe beperkt te zijn,door de…” (deed in Dutch)
Go to Articles of association

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