Brilliant Facets
ActiveSummary
The annual accounts of Brilliant Facets for financial year 2025 show a net loss of 64% of total assets and of 54% of the equity at the start of that year. The 2025 annual accounts show equity of €7.1m and a net result of -€8.2m. Equity is growing by about 62% per year across the filed financial years. Its solvency ranks better than 61% of 6,153 sector peers (NACE 46, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,van:ruwe…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel,van:ruwe en geslepen diamant,edelstenen,juwelen,edele metalen en alle aanverwante artikelen.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Brillant Facets
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Oprichting of opheffing van administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen wanneer en waar nodig zowel in België…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Vaste of evenredige vergoeding, algemene kosten” (deed in Dutch)“Benoemd met of zonder beperking van duur, één of meer” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, overdrachten en overgangen slechts uitwerking ten aanzien van vennootschap en derden vanaf inschrijving in register der…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle procedure-en expertisekosten voor helft ten laste van overdrager en andere helft ten laste van koper(s) naar evenredigheid met…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed