AH SHAI DIAMONDS
Open bankruptcyA bankruptcy procedure is open for AH SHAI DIAMONDS according to publications in the Belgian State Gazette; curator: BARBARA HEYSSE. The 2024 annual accounts show negative equity (€-134k) and a net result of €-45k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-134k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-11-2025, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
98 d late
2023
463 d late
2022
276 d late
2021
641 d late
2020
1006 d late
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€3.27M▼ 73.9%
2018 · €12.51M
2018: €12.51M
2018 → 2019
EBIT margin
-25.3%▼ 25.6pp
2018 · 0.4%
2018: 0.4%
2018 → 2019
Net result
€-45k▼ 63.7%
2023 · €-27k
2018: €-49k
2019: €-865k
2020: €-70k
2021: €-24k
2022: €-31k
2023: €-27k
2018 → 2024
Working capital
€-280k▼ 19.0%
2023 · €-235k
2018: €787k
2019: €-83k
2020: €-154k
2021: €-177k
2022: €-208k
2023: €-235k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-8k-€-31k▼ 315%€-62k▼ 97.4%€-89k▼ 44.1%€-134k▼ 50.1%
Operating result€-31k-€-20k▲ 37.2%€-19k▲ 5.8%€-26k▼ 42.7%€-46k▼ 75.3%
Net result€-70k-€-24k▲ 66.2%€-31k▼ 28.3%€-27k▲ 10.6%€-45k▼ 63.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46k in 2024 against €26k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €191k
Fixed assets
€146k=
Current assets
€45k▲ 4.2%
Key figures and ratios
Solvency
-70.3%▼
2023 · -47.3%
Current ratio
0.14▼
2023 · 0.15
Quick ratio
0.13▼
2023 · 0.14
Debt / equity
-2.42▲
2023 · -3.12
ROA
-23.5%▼
2023 · -14.5%
Debt
€325k▲
2023 · €279k
Debt ≤ 1 year
€325k▲
2023 · €279k
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€189k€191k▲
Fixed assets21/28€146k€146k=
Tangible fixed assets22/27€146k€146k=
Land and buildings22€146k€146k=
Furniture and vehicles24€0€0=
Financial fixed assets28€510€510=
Current assets29/58€43k€45k▲
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€13k€13k=
Other amounts receivable41€13k€13k=
Cash at bank and in hand54/58€27k€28k▲
Equity and liabilities
Total equity and liabilities10/49€189k€191k▲
Equity10/15€-89k€-134k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-110k€-155k▼
Amounts payable17/49€279k€325k▲
Amounts payable within one year42/48€279k€325k▲
Other amounts payable47/48€279k€325k▲
Income statement
Code20232024
Other operating charges640/8€26k€13k▼
Gross operating margin9900€-130€-33k▼
Operating profit (loss)9901€-26k€-46k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€895-
Recurring financial charges65€895-
Profit (loss) for the period before taxes9903€-27k€-45k▼
Profit (loss) for the period9904€-27k€-45k▼
Profit (loss) for the period to be appropriated9905€-27k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-110k€-155k▼
Profit (loss) brought forward from the previous period14P€-82k€-110k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 98 days late
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 463 days late
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 276 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 641 days late
02-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1006 days late
21-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · AH SHAI DIAMONDS BVBA HOVENIERSSTRAAT 2/109, 2018 ANTWERPEN 1 · event 15-02-2024
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-865k
Net result drops to €-865k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 1999
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.
Hoveniersstraat 22018 AntwerpenGround area
3,604 m²
Building footprint
2,774 m²
Volume, LiDAR
71,494 m³
Parcel 11808H1178/00F008, Flanders · tallest building 45.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Hoveniersstraat 2, 2018 Antwerpen
since 19992.092.991.863
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00F008 | Flanders | 3,604 m² | 1 · 2,774 m² | 45.0 m · 8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | BARBARA HEYSSE ESMOREITLAAN 5,
2050 ANTWERPEN 5 |
15-02-2024 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-10-1999
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.