Rainbow
ActiveSummary
Rainbow has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €482,623 and a net result of €73,071. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 18% of 10,760 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €482,623
- Profit
- €73,071
Why 88raises riskLiquidity: current ratio 4.26, cash €13,786lowers riskSize: total assets €3.7mFigures for financial year 2025 (filed 31-08-2026)Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, small): better than 16% on solvency, 29% on liquidity, 24% on profitability and 74% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 33 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Capital & shares · RestructuringMerger · Shareholding
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00459000.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €229,231 after a loss of €75,224 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2022 Net result +264% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.6% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,350 | €13,825 | €1,350 | €1,350 | €243 | €580 | €2,386 | ▲ 312% |
| Other operating charges640/8 | - | - | €8,854 | €6,662 | €2,312 | €11,210 | €153,552 | ▲ 14× |
| Non-recurring operating charges66A | - | - | €4,367 | - | - | - | - | - |
| Gross operating margin9900 | €3,189 | €80,457 | €85,458 | €250,630 | €221,725 | -€63,434 | €385,169 | - |
| Operating profit (loss)9901 | €1,839 | €65,522 | €70,886 | €242,617 | €219,170 | -€75,224 | €229,231 | - |
| Financial income75/76B | - | - | - | €80 | €1 | €182,661 | €6,295 | ▼ 96.6% |
| Recurring financial income75 | - | €0 | - | €80 | €1 | €182,661 | €6,295 | ▼ 96.6% |
| Financial charges65/66B | - | - | €15,102 | €35,648 | €67,788 | €87,268 | €118,102 | ▲ 35.3% |
| Recurring financial charges65 | €276 | €6,054 | €15,102 | €35,648 | €67,788 | €87,268 | €118,102 | ▲ 35.3% |
| Profit (loss) for the period before taxes9903 | €1,563 | €59,469 | €55,784 | €207,049 | €151,384 | €20,169 | €117,425 | ▲ 482% |
| Income taxes67/77 | €319 | €11,943 | €14,303 | €55,929 | €42,510 | €1,100 | €44,354 | ▲ 40× |
| Profit (loss) for the period9904 | €1,244 | €47,526 | €41,481 | €151,120 | €108,873 | €19,070 | €73,071 | ▲ 283% |
| Profit (loss) for the period to be appropriated9905 | €1,244 | €47,526 | €41,481 | €151,120 | €108,873 | €19,070 | €73,071 | ▲ 283% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.03m | €0.9m | €1.9m | €2.3m | €1.7m | €4.0m | €3.7m | ▼ 7.1% |
| Fixed assets21/28 | €0.004m | €0.04m | €0.002m | €250 | €0.02m | €0.02m | €0.1m | ▲ 504% |
| Tangible fixed assets22/27 | €0.004m | €0.04m | €0.001m | - | €0.02m | €0.02m | €0.03m | ▲ 44.6% |
| Plant, machinery and equipment23 | - | - | €0.001m | - | - | - | €0.01m | - |
| Furniture and vehicles24 | - | - | - | - | €0.001m | €0.001m | €337 | ▼ 63.3% |
| Other tangible fixed assets26 | - | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Financial fixed assets28 | - | - | €250 | €250 | €250 | €0.001m | €0.1m | ▲ 81× |
| Current assets29/58 | €0.03m | €0.8m | €1.9m | €2.3m | €1.6m | €3.9m | €3.6m | ▼ 9.9% |
| Stocks and contracts in progress3 | - | €0.8m | €1.6m | €2.1m | €1.6m | €3.6m | €3.5m | ▼ 0.4% |
| Stocks30/36 | - | - | €1.6m | €2.1m | €1.6m | €3.6m | €3.5m | ▼ 0.4% |
| Amounts receivable within one year40/41 | €0.03m | - | - | €0.08m | - | €0.4m | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | - | - | €0.4m | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €0.08m | - | €0.02m | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | €0.005m | €0 | - | - |
| Cash at bank and in hand54/58 | €79 | €0.02m | €0.3m | €0.2m | - | €0.01m | €0.01m | ▼ 1.9% |
| Deferred charges and accrued income490/1 | - | - | €0.001m | - | €163 | €172 | €263 | ▲ 53.4% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.03m | €0.9m | €1.9m | €2.3m | €1.7m | €4.0m | €3.7m | ▼ 7.1% |
| Equity10/15 | €0.02m | €0.07m | €0.1m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 17.8% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | €0.02m | - | - | - | - | - |
| Issued capital100 | - | - | €0.02m | - | - | - | - | - |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | - | - | - |
| Share premium1100/10 | - | - | - | €0.02m | €0.02m | - | - | - |
| Reserves13 | €0.001m | €0.05m | €0.09m | €0.2m | €0.4m | €0.4m | €0.5m | ▲ 18.7% |
| Non-distributable reserves130/1 | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Legal reserve130 | - | - | €0.001m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.001m | €0.001m | €0.001m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | €0.09m | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 19.1% |
| Amounts payable17/49 | €0.01m | €0.8m | €1.8m | €2.1m | €1.3m | €3.6m | €3.2m | ▼ 10.0% |
| Amounts payable after more than one year17 | - | €0.6m | €1.2m | €1.4m | €1.0m | €2.5m | €2.4m | ▼ 4.5% |
| Financial debts170/4 | - | - | €1.2m | €1.4m | €1.0m | €2.5m | €2.4m | ▼ 4.5% |
| Amounts payable within one year42/48 | €0.01m | €0.2m | €0.5m | €0.6m | €0.3m | €1.1m | €0.8m | ▼ 22.5% |
| Financial debts43 | - | - | - | - | - | €0 | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0 | - | - |
| Trade debts44 | €0.005m | €0.001m | €0.004m | - | €0.06m | €0.4m | €0.04m | ▼ 90.2% |
| Suppliers440/4 | - | - | €0.004m | - | €0.06m | €0.4m | €0.04m | ▼ 90.2% |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.07m | €0.1m | €0.04m | €0.2m | ▲ 487% |
| Taxes450/3 | - | - | €0.02m | €0.07m | €0.1m | €0.04m | €0.2m | ▲ 487% |
| Other amounts payable47/48 | - | - | €0.5m | €0.6m | €0.09m | €0.7m | €0.6m | ▼ 10.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,244 | €47,526 | €41,481 | €151,120 | €108,873 | €19,070 | €73,071 | ▲ 283% |
| + Depreciation and write-downs630 | €1,350 | €13,825 | €1,350 | €1,350 | €243 | €580 | €2,386 | ▲ 312% |
| Operating cash flow (approximation) | €2,594 | €61,352 | €42,832 | €152,470 | €109,116 | €19,649 | €75,456 | ▲ 284% |
| Investment in fixed assets (approximation) | - | -€49,900 | €37,175 | €0 | -€21,189 | -€1,000 | -€111,227 | ▼ 11,023% |
| Change in cash | - | €18,208 | €278,800 | -€133,443 | - | - | -€272 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-08-2026 | 2026-00459000 |
| 31-12-2024 | abbreviated format | 30-08-2025 | 2025-00450421 |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00481744 |
| 31-12-2022 | abbreviated format | 31-08-2023 | 2023-00432274 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20426415 |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55400237 |
| 31-12-2019 | micro format | 28-08-2020 | 2020-48400218 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2025 · 1 entry · €3,239 awarded · €3,239 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| AERTS Koen |
|
Owners and capital
Capital and shareholders
- 04-01-2024 Converted to unavailable equity
Group and network
Holdings and subsidiaries
2 holdings · 2 subsidiaries in the treeHoldings 2
- SOFIMAXsubsidiary100%
- Sourceown accounts 202533.33%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
SOFIMAX 100%1 subsidiary
- APOTHEEK SMETS 99%
According to the 2025 annual accounts of Rainbow and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
05-05
Gazette deed
Capital & shares · RestructuringMerger · Shareholding3 facts ▸
- General meeting, 15-04-2026
- Merger, “geruisloze fusie”, 4 (deed in Dutch)
- Shareholding, 10-02-2026, 100
21-10
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 01-09-2024
- Registered-office move, Schoonzichtlaan 42 te 3020 Herent
04-01
Gazette deed
Resignation: AERTS Koen (manager)Appointment: AERTS Koen (director) · Amendment of the articles · Capital conversion8 facts ▸
- General meeting, 27-12-2023
- Amendment of the articles (2 times)
- Director resignation, AERTS Koen (manager)
- Director appointment, AERTS Koen (director (not named in the articles))
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Registered office clause, “bevestigen, Naamsesteenweg 90” (deed in Dutch)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24127D0022/00P003 | Flanders | 2,520 m² | 1 · 214 m² | 6.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Overige dienstverlening; Bijstand verlenen in bedrijfsbeheer,consultancy,opleiding,technische expertise; Kopen,verkopen,verhuren,syndicus…” (deed in Dutch)
14 activities (deed in Dutch)
- Overige dienstverlening;
- Bijstand verlenen in bedrijfsbeheer,consultancy,opleiding,technische expertise;
- Kopen,verkopen,verhuren,syndicus van gebouwen;
- Immobiliën,zowel als tussenpersoon in verkoop als in verhuur;
- Bijstand verlenen in bedrijfsbeheer,consultancy,opleiding,technische expertise;
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen,al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een publiekrechterlijk statuut;
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties;
- Het verstrekken van leningen en voorschotten onder eender welke vorm en duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen.
- Zij mag tevens alle industriële,handels- en financiële,roerende en onroerende verrichtingen uitvoeren die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- De vennootschap mag op gelijk welke wijze deelnemen aan ondernemingen en vennootschappen,met hetzelfde of een gelijkaardig voorwerp of die haar voorwerp kunnen bevorderen,hetzij rechtstreeks,hetzij onrechtstreeks door middel van fusie,afstand,deelneming of financiële tussenkomst of op gelijk welke andere wijze.
- Daarenboven mag de vennootschap zowel in binnen-als buitenland alle daden van industriële,financiële,roerende en onroerende aard stellen,alle handelsverrichtingen en over het algemeen alle ondernemingen tot stand brengen die rechtstreeks of onrechtstreeks verband houden met het voorwerp,of zelfs daarbuiten,en de verwezenlijking ervan bevorderen.
- Ze zal ook mogen deelnemen in andere vennootschappen en ondernemingen zowel in binnen-als buitenland.
- De vennootschap kan de functie van bestuurder of vereffenaar in andere vennootschappen,ongeacht hun voorwerp,uitoefenen.Alsdan duidt de bestuurder iemand aan om in naam en voor rekening van de vennootschap deze bestuurstaak op zich te nemen,met de bevoegdheid haar in die taak te vertegenwoordigen.
- Deze opsomming is niet beperkend,doch enkel ten titel van voorbeeld gegeven,en moet verstaan worden in de uitgebreidste zin.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RAINBOW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of in het buitenland bij enkel besluit van het…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, met of zonder beperking van duur” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door het Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment door algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie als…” (deed in Dutch)1 more provision on this in the deed