From 1984, the club encountered many difficulties, leading to bankruptcy in 2002.
During the season 2002-2003, K.F.C. Strombeek (located near Brussels) moved to the Edmond Machtens Stadium and became F.C. Molenbeek Brussels Strombeek the next season. The new club (with the matricule 1938 of KFC Strombeek) subsequently began in the second division but was promoted to the Jupiler League in 2004.
In the same time, a group of fans, who fought to keep the name alive, had also recreated a new team called RWD Molenbeek (with a new matricule) in 2003. The new team started at the very bottom of the Belgian football league system - provincial division 4 in Brabant (level 8), but has been promoted to the Brabant provincial division 1 (level 5 in Belgium) in 2006 after absorbing another team from the Brabant province.
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