The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0638889708
New managerHidden nameVisible after signing in appointed, Name after signing inVisible after signing in resigned · Name hiddenVisible after signing in is a shareholder · Hidden nameVisible after signing in 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 & appointmentsName after signing inVisible after signing in holds 5 shares · Name hiddenVisible after signing in holds 15 shares · Director in office: Hidden nameVisible after signing in (manager) · General meeting of 01-10-2018 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
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.
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.