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R-RAINBOW

Active Private limited company (pre-2019)founded 2015active for 11 yearsGemeenteplaats 1, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0638.889.708

Lifetime

9 annual accounts with figures on one time axis
peak €104,412 (2019)
€38,769▼ 5.7%
lowest -€9,861 (2021)
€1,749▼ 13.6%
peak €7,603 (2016)
-€26,665▲ €1,749
€69,878▲ 39.3%
Board2 names since 2018
1 director
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from €2,298 to €1,827Debts from €50,178 to €69,878Cash from €679 to €2,040

Key points

from the 2024 annual accounts

Equity

-€26,665
201920202021202220232024

Debts exceed assets in financial year 2024.

Debts

€69,878 162% of the balance sheet
Suppliers 28%Taxes and wages 7%Other 65%

Filings

9 annual accounts 104 days past the deadline
AprilJune31 JulyOctober2020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,378 companies had the same profile as R-RAINBOW has now. Each dot stands for 4 companies, two years later.

94.3%
were still trading
3.2%
stopped another way
2.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,378 companies, not a prediction for R-RAINBOW. 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

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Signals

Board and ownership

Manager
  • deed of 04-07-2022
  • 100 sharesdeed of 04-07-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0638889708
New manager appointed, resigned · is a shareholder · holds 100 shares · General meeting of 30-05-2022 · Gazette deed
Registered office moved from Molenbeek-Saint-Jean to Brussels New registered office: PLACE COMMUNALE 1 1080 BRUXELLES · Previous registered office: Place Communale 31 1080 Molenbeek-Saint-Jean · General meeting of 03-06-2019 · Gazette deed
Resignations & appointments holds 5 shares · holds 15 shares · Director in office: (manager) · General meeting of 01-10-2018 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
R-RAINBOW Molenbeek-Saint-Jean €43,214 €1,827 -61.7% -
VITO GROUP Etterbeek €30,538 €2,424 100.0% -
Northa Sint-Gillis (bij-Brussel) €60,653 €1,815 48.5% -
Dresscodes Putte €36,414 €1,881 -14.4% -
VANTY DESIGN Roeselare €64,665 €1,769 59.8% -
LANIKAI PROJECTS Boechout €40,405 -€1,380 -220.6% -
BENDA Anderlecht €34,684 -€655 -106.4% -

These companies have the same main activity as R-RAINBOW: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €30,500 and €64,700, founded between 2013 and 2017.

Official details

Source: KBO
Status
Active since 28-09-2015Normal situation
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716
Establishment unit
2.246.228.2081080 Molenbeek-Saint-Jean, since 01-10-2015
Financial year end
31 December
Peppol
Reachable since 24-12-2025
Company details

Annual accounts 2024

€43,214▲ 98.6%
Filing
Filed on 10-10-2025
Financials

Insights on R-RAINBOW

R-RAINBOW has existed since 2015. Turnover fell from €92,009 in 2016 to €38,769 in 2024.

Solvency rose in 2024 from -130.6% to -61.7% because of the retained profit.

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 R-RAINBOW

What is the company number of R-RAINBOW?
The company number of R-RAINBOW is 0638.889.708. The VAT number is the same number with BE in front: BE 0638.889.708.
Where is R-RAINBOW based?
The registered office is at Gemeenteplaats 1, 1080 Molenbeek-Saint-Jean.Company details
What does R-RAINBOW do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of R-RAINBOW?
R-RAINBOW is a private limited company (pre-2019) (BVBA).
When was R-RAINBOW founded?
R-RAINBOW was founded on 28-09-2015.
Is R-RAINBOW still active?
Yes, R-RAINBOW is an active enterprise in the KBO register.
What is the turnover of R-RAINBOW?
The turnover of R-RAINBOW was €38,769 in financial year 2024, according to the filed annual accounts.Financials
Is R-RAINBOW profitable?
In financial year 2024, R-RAINBOW made a profit of €1,749.
Where can I find the annual accounts of R-RAINBOW?
R-RAINBOW filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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