R-RAINBOW

Active

Private limited company (pre-2019)founded 201510 yrs activeGemeenteplaats 1, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0638.889.708

The computed 12-month bankruptcy probability of R-RAINBOW is 2.4% (moderate). The 2024 annual accounts show negative equity (€-27k) and a net result of €2k. Equity is shrinking by ~14.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 26046 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

30 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability48▼-13

Solvency0=

Growth38=

Track record100

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.62 against 0.43 in 2023; short-term debt: 161.7% and cash: 4.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-61.7%

Return on assets

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 26046 sector peers (2024).

NBB · sector comparison

Position among 26046 sector peers

Solvency

better than 11%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 9 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

68 d late

2022

109 d late

2021

16 d late

2020

101 d late

2019

5 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€39k▼ 5.7%

2023 · €41k

2018: €97k 2019: €104k 2020: €47k 2021: €31k 2022: €31k 2023: €41k

2018 → 2024

EBIT margin

4.7%▼ 0.4pp

2023 · 5.2%

2018: -9.4% 2019: -7.3% 2020: -12.1% 2021: -31.3% 2022: -4.1% 2023: 5.2%

2018 → 2024

Net result

€2k▼ 13.6%

2023 · €2k

2018: €-9k 2019: €-8k 2020: €-6k 2021: €-10k 2022: €-1k 2023: €2k

2018 → 2024

Working capital

€-27k▲ 6.2%

2023 · €-28k

2018: €-6k 2019: €-13k 2020: €-19k 2021: €-29k 2022: €-30k 2023: €-28k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€47k-€31k▼ 33.8%€31k▲ 0.3%€41k▲ 31.1%€39k▼ 5.7%

Equity€-19k-€-29k▼ 51.3%€-30k▼ 4.7%€-28k▲ 6.6%€-27k▲ 6.2%

Operating result€-6k-€-10k▼ 71.3%€-1k▲ 86.9%€2k€2k▼ 13.9%

Net result€-6k-€-10k▼ 67.4%€-1k▲ 86.1%€2k€2k▼ 13.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 14% below 2023.

Key figures and ratios

2024 value · change against 2023

Solvency

-61.7%▲

2023 · -130.6%

Current ratio

0.62▲

2023 · 0.43

Quick ratio

0.05▲

2023 · 0.01

Debt / equity

-2.62▼

2023 · -1.77

ROA

4.0%▼

2023 · 9.3%

Debt

€70k▲

2023 · €50k

Debt ≤ 1 year

€70k▲

2023 · €50k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€22k€43k▲

Current assets29/58€22k€43k▲

Stocks and contracts in progress3€21k€40k▲

Stocks30/36€21k€40k▲

Amounts receivable within one year40/41-€1k

Other amounts receivable41-€1k

Cash at bank and in hand54/58€679€2k▲

Equity and liabilities

Total equity and liabilities10/49€22k€43k▲

Equity10/15€-28k€-27k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€-35k€-33k▲

Amounts payable17/49€50k€70k▲

Amounts payable within one year42/48€50k€70k▲

Trade debts44€20k€20k▲

Suppliers440/4€20k€20k▲

Taxes, remuneration and social security45€9k€5k▼

Taxes450/3€2k-

Remuneration and social security454/9€7k€5k▼

Other amounts payable47/48€22k€45k▲

Income statement Code20232024

Turnover70€41k€39k▼

Goods, raw materials, services and sundry goods60/61€39k€37k▼

Other operating charges640/8€177-

Gross operating margin9900€2k€2k▼

Operating profit (loss)9901€2k€2k▼

Financial charges65/66B€97€78▼

Recurring financial charges65€97€78▼

Profit (loss) for the period before taxes9903€2k€2k▼

Profit (loss) for the period9904€2k€2k▼

Profit (loss) for the period to be appropriated9905€2k€2k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-35k€-33k▲

Profit (loss) brought forward from the previous period14P€-37k€-35k▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 2Filings 9

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 71 days late

2024

07-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 68 days late

2023

31-12

Financial Back to profitnet €2k

Net result €2k after 5 loss-making years.

17-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 109 days late

2022

16-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 16 days late

2021

31-12

Financial Weakest financial yearnet €-10k

Net result drops to €-10k, the lowest in the series; recovery starts the following year.

09-11

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 101 days late

2020

05-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 5 days late

2019

15-11

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 472 days late

02-09

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 33 days late

2017

09-10

NBB filing Annual accounts filed

fiscal year 2016 · full schema · 70 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2015

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gemeenteplaats 11080 Sint-Jans-Molenbeek

Ground area

209 m²

Building footprint

241 m²

Volume, LiDAR

2,583 m³

2 parcels, Brussels · tallest building 16.6 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

R-RAINBOW

Gemeenteplaats 31, 1080 Sint-Jans-MolenbeekAgents in the wholesale of textiles, clothing, fur, footwear and leather goods

since 20152.246.228.208

2 parcels

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21522B0337/00T003	Brussels	133 m²	1 · 166 m²	16.0 m · 5 fl.
21522B0157/00X002	Brussels	76 m²	1 · 75 m²	16.6 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Merelbeke-Melle · Eq €4k

Of 6,503 companies in sector 47716 we hold annual accounts for 2,441. 775 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded28-09-2015

Fiscal year end31-12

Activities, NACEBEL

47716Retail sale of clothing and accessories for women, men, children and babies (general range)

Sources

Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.