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RKAIN DIAMOND

Active
Private limited companyfounded 1983active for 42 yearsHoveniersstraat 30-38, 2018 Antwerpen, Belgium256 active companies are registered at this addressKBO/BCE: BE 0424.767.552
Summary

RKAIN DIAMOND has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €357,833 and a net result of €133,682. Equity is shrinking by about 16% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 9% of 6,105 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Wholesale of diamonds and other precious stones
NACE 46861
1 site
Size
€47.3mturnover 2024
Staff
3.7 FTE
Equity
€357,833
Profit
€133,682
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Accounts 81 days overdue1 of 6 deeds read
Why 54raises riskCapped at 59: a confirmed filing findingLiquidity: current ratio 1.13, cash €148,696Equity €433,059 (3.2% of total assets)Latest accounts 69 days late; 1 of the last 3 latelowers riskFounded in 1983Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 30% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 29+4
equity 3.6% of total assets
Liquidity 1+1
short-term debt 90.5% · cash 0.5%
Profitability 55+38
return on assets 1.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,877 companies, NACE 46, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.2%▲ +0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.6 percentage points vs 07-2025 09-2025: 1.0%▼ -1.0 percentage point vs 08-2025 10-2025: 1.0%● unchanged vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026lowest value 06-2026: 1.1%▲ +0.1 percentage points vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 2.2%▲ +1.1 percentage points vs 07-2026 09-2026: 2.6%▲ +0.4 percentage points vs 08-2026highest value 10-2026: 1.2%▼ -1.4 percentage points vs 09-2026
Credit of up to €19,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity tight (current ratio 1.1, compared with 1.0 in 2023, below the usual 1.5; short-term debt: 90.5% and cash: 0.5% of total assets), and 96.4% of the assets are financed with debt and provisions.
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 46, micro): better than 19% on solvency, 5% on liquidity, 41% on profitability and 57% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.13, cash €148,696
NBB · annual accounts
raises risk · Equity €433,059 (3.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 1983
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Latest accounts 69 days late; 1 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 81 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline20-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
26 days late
2023
28 days late
2022
32 days late
2021
43 days late
2020
145 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 61 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Back to profitnet €133,682
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Back in profit in 2024after -€718,381 in 2023 €133,682 View
  • Caution: Among the weakest 10% on solvencysector median 45.4% · 6,105 companies 3.2% View
  • Caution: Accounts not fileddeadline was 31-07-2026 81 days late View

By topic

Financials

Financial year
2024
Turnover
€47.3m
Profit
€133,682
Solvency
3.6%
Turnover▲ 15.8%
Net result
20182024
Go to Financials

Timeline

Events
45
Since
1985
  1. 15-07-2024Resignation: Rkain,Ahmed (director)
  2. 31-12-2023Weakest financial year
  3. 01-09-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of diamonds and other precious stonesNACE 46861
Founded
14-11-1983
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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