RACHINDIAM
ActiveRACHINDIAM has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €497. Equity is shrinking by ~36.1% per year across the filed fiscal years. Its solvency ranks better than 28% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability20▲+20
Solvency36=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · 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 2024Solvency, return and age of the figures
Solvency
11.2%
Return on assets
0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
78 d late
2022
17 d late
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 7.4%
2023 · €7k
2018: €106k
2019: €109k
2020: €14k
2021: €15k
2022: €20k
2023: €7k
2018 → 2024
Total assets
€65k▲ 10.3%
2023 · €59k
2018: €108k
2019: €235k
2020: €47k
2021: €60k
2022: €69k
2023: €59k
2018 → 2024
Net result
€497
2023 · €-13k
2018: €20k
2019: €3k
2020: €-95k
2021: €265
2022: €6k
2023: €-13k
2018 → 2024
Working capital
€7k▲ 9.3%
2023 · €7k
2018: €106k
2019: €109k
2020: €14k
2021: €14k
2022: €20k
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€14k-€15k▲ 1.9%€20k▲ 39.0%€7k▼ 66.7%€7k▲ 7.4%
Operating result€-116k-€-3k▲ 97.5%€4k€-11k€-3k▲ 75.5%
Net result€-95k-€265€6k▲ 2,031%€-13k€497
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €11k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €65k
Fixed assets
€97▼ 52.8%
Current assets
€65k▲ 10.6%
Equity and liabilities €65k
Equity
€7k▲ 7.4%
Debt
€57k▲ 10.7%
The debt ratio rises from 88.5% to 88.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-11k
Cash flow
€606▲
2023 · €-13k
Solvency
11.2%▼
2023 · 11.5%
Current ratio
1.12▼
2023 · 1.13
Quick ratio
1.12▼
2023 · 1.13
Debt / equity
7.97▲
2023 · 7.73
ROE
6.9%▲
2023 · -200.3%
ROA
0.8%▲
2023 · -23.0%
Interest coverage
-9.19▼
2023 · -4.80
Debt
€57k▲
2023 · €52k
Debt ≤ 1 year
€57k▲
2023 · €52k
Income taxes
€9▲
2023 · €-55
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€59k€65k▲
Fixed assets21/28€206€97▼
Tangible fixed assets22/27€206€97▼
Plant, machinery and equipment23€206€97▼
Current assets29/58€58k€65k▲
Amounts receivable within one year40/41€706€1k▲
Other amounts receivable41€706€1k▲
Cash at bank and in hand54/58€58k€63k▲
Equity and liabilities
Total equity and liabilities10/49€59k€65k▲
Equity10/15€7k€7k▲
Contributions10/11€19k€19k=
Reserves13€94k€94k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€93k€93k=
Profit (loss) carried forward14€-106k€-106k▲
Amounts payable17/49€52k€57k▲
Amounts payable within one year42/48€52k€57k▲
Trade debts44€2k€508▼
Suppliers440/4€2k€508▼
Other amounts payable47/48€50k€57k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€109€109=
Other operating charges640/8€740€505▼
Gross operating margin9900€-10k€-2k▲
Operating profit (loss)9901€-11k€-3k▲
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€2k€287▼
Recurring financial charges65€2k€287▼
Profit (loss) for the period before taxes9903€-13k€506▲
Income taxes67/77€-55€9▲
Profit (loss) for the period9904€-13k€497▲
Profit (loss) for the period to be appropriated9905€-13k€497▲
Appropriation of the result
Profit (loss) to be appropriated9906€-106k€-106k▲
Profit (loss) brought forward from the previous period14P€-93k€-106k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Back to profitnet €497
Net result €497 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €265
Net result €265 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-95k ▼3156%
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 1997
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.
Fazantenlaan 292610 AntwerpenGround area
806 m²
Building footprint
193 m²
Volume, LiDAR
799 m³
Parcel 11051C0128/00A002, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RACHINDIAM
since 19972.081.831.321
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0128/00A002 | Flanders | 805 m² | 1 · 193 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
IDEX-EC
BE 0477.696.789
Antwerpen · Eq €7k
INTERBROKERAGE
BE 0864.920.690
Ranst · Eq €7k
VALDIAM
BE 0741.840.360
Antwerpen · Eq €8k
BETA
BE 0429.532.430
Antwerpen · Eq €8k
FRUCHTER GAD DIAMONDS BELGIUM
BE 0866.078.158
Antwerpen · Eq €7k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 122 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-1997
Fiscal year end31-12
Activities, NACEBEL
46861Wholesale of diamonds and other precious stones
51561
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.