Rainbow Color
Dissolution or liquidationFinancials · financial year 2023, micro format
2023 annual accounts filed late (211 days) Filed on 27 February 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00043702.
Equity
-€45,125
Total assets
€114,823
Net result
-€82,671
Working capital
-€92,422
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €114,823
Fixed assets
€47,297
Current assets
€67,526
Equity and liabilities
Equity-€45,125
Debt€159,948
Equity is negative: debt (€159,948) exceeds the balance-sheet total (€114,823).
Key figures and ratios
EBITDA
-€70,112
Cash flow
-€69,982
Solvency
-39.3%
Current ratio
0.42
ROA
-72.0%
Interest coverage
-144.86
Debt
€159,948
Debt ≤ 1 year
€159,948
Staff costs
€152,764
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
| Line | 2023 |
|---|---|
| Remuneration, social security and pensions62 | €152,764 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,689 |
| Other operating charges640/8 | €1,270 |
| Gross operating margin9900 | €83,922 |
| Operating profit (loss)9901 | -€82,801 |
| Financial income75/76B | €614 |
| Recurring financial income75 | €614 |
| Financial charges65/66B | €484 |
| Recurring financial charges65 | €484 |
| Profit (loss) for the period before taxes9903 | -€82,671 |
| Profit (loss) for the period9904 | -€82,671 |
| Profit (loss) for the period to be appropriated9905 | -€82,671 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €114,823 | |
| Fixed assets21/28 | €47,297 | |
| Tangible fixed assets22/27 | €47,297 | |
| Furniture and vehicles24 | €47,297 | |
| Current assets29/58 | €67,526 | |
| Amounts receivable within one year40/41 | €38,731 | |
| Trade receivables40 | €15,160 | |
| Other amounts receivable41 | €23,571 | |
| Cash at bank and in hand54/58 | €18,749 | |
| Deferred charges and accrued income490/1 | €10,046 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €114,823 | |
| Equity10/15 | -€45,125 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | -€50,125 | |
| Amounts payable17/49 | €159,948 | |
| Amounts payable within one year42/48 | €159,948 | |
| Trade debts44 | €124,707 | |
| Suppliers440/4 | €124,707 | |
| Taxes, remuneration and social security45 | €35,241 | |
| Taxes450/3 | €28,129 | |
| Remuneration and social security454/9 | €7,112 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | -€82,671 |
| + Depreciation and write-downs630 | €12,689 |
| Operating cash flow (approximation) | -€69,982 |
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 (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 27-02-2025 | 2025-00043702 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 7,795 active companies whose main activity is painting of buildings (NACE 43341), figures are known for 2,684. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.