DIACORP · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DIACORP is 0.6% (low). The 2024 annual accounts show equity of €3.59M and a net result of €295k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 549 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 28 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

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 14-07-2026, 348 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.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	14-07-2026	348 d late	2026-00296203
31-12-2023	31-07-2024	11-07-2025	345 d late	2025-00276395
31-12-2022	31-07-2023	08-12-2023	130 d late	2023-00525753
31-12-2021	31-07-2022	11-01-2023	164 d late	2023-20556809
31-12-2020	31-07-2021	25-10-2021	86 d late	2021-72900093
31-12-2019	31-07-2020	18-09-2020	49 d late	2020-54600534
31-12-2018	31-07-2019	30-09-2019	61 d late	2019-67900196
31-12-2017	31-07-2018	28-09-2018	59 d late	2018-68600334
31-12-2016	31-07-2017	31-08-2017	31 d late	2017-60000444
31-12-2015	31-07-2016	30-09-2016	61 d late	2016-64700007

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2014, 12 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: healthy financial profile −Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€13.37M+12.5%

EBIT margin2.4%+4.1pp

Net result€295k

Working capital€3.59M+9.0%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 14-07-2026 with the NBB · fiscal year 2024 · volledig

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~8.5%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	50.3%	31.0%	better than 68% of 549 sector peers
Net result	€295k	€47k	better than 72% of 549 sector peers
Equity	€3.59M	€468k	better than 77% of 550 sector peers
Total assets	€7.13M	€1.82M	better than 71% of 550 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P68

Stable position over 2020-2024 · n=371-597

Net result P72

Stable position over 2020-2024 · n=371-596

Equity P77

Stable position over 2020-2024 · n=371-597

Gross operating margin P71

Stable position over 2020-2022 · n=192-311

Describes the position versus peers, not a forecast.

Revenue

€13.37M

+12.5% 18-24

EBITDA

€326k

- 18-24

Net profit

€295k

- 18-24

Cash flow

€296k

- 18-24

Total assets

€7.13M

+57.6% 18-24

Equity

€3.59M

+9.0% 18-24

Working capital

€3.59M

+9.0% 18-24

Employees (FTE)

1

-10.0% 18-24

Show 13 other metrics

Staff costs

€9k

+80.1% 18-24

Income taxes

€31k

+13.1% 18-24

Debt

€3.54M

+187.4% 18-24

Debt ≤ 1y

€3.54M

+187.4% 18-24

Current ratio

2.01

-45.2% 18-24

Quick ratio

0.81

+85.5% 18-24

Solvency

50.3%

-30.9% 18-24

Debt / equity

0.99

+163.7% 18-24

ROE

8.2%

- 18-24

ROA

4.1%

- 18-24

Net margin

2.2%

- 18-24

EBITDA margin

2.4%

- 18-24

Interest coverage

450.17

- 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	€13.37M
EBITDA	€326k
Net profit	€295k
Cash flow	€296k
Staff costs	-
Income taxes	€31k
Dividends	-
Total assets	€7.13M
Equity	€3.59M
Debt	€3.54M
of which ≤ 1y	€3.54M
of which > 1y	-
Working capital	€3.59M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	2.01
Quick ratio	0.81
Working capital ratio	50.3%
Solvency	50.3%
Debt / equity	0.99
Long-term debt ratio	-
Interest coverage	450.17
Gross margin	3.5%
Net margin	2.2%
ROA	4.1%
ROE	8.2%
EBITDA margin	2.4%
Days sales outstanding	65d
Days payable outstanding	99d
Inventory turnover	3.03
Days inventory (DSI)	121d

Balance-sheet composition 2024

Assets

Fixed assets €546 · 0.0% Current assets €7.13M · 100.0%

Equity & liabilities

Equity €3.59M · 50.3% Debt €3.54M · 49.7%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€7.13M
Fixed assets	21/28	€546
Tangible fixed assets	22/27	€546
Current assets	29/58	€7.13M
Stocks & contracts in progress	3	€4.26M
Amounts receivable within one year	40/41	€2.66M
Cash & bank	54/58	€127k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€7.13M
Equity	10/15	€3.59M
Contributions / capital	10/11	€12k
Reserves	13	€3.58M
Amounts payable	17/49	€3.54M
Amounts payable within one year	42/48	€3.54M
Trade debts payable within one year	44	€3.48M
Income statement
Turnover	70	€13.37M
Operating result	9901	€326k
Financial income	75	€15k
Financial charges	65	€15k
Result before taxes	9903	€326k
Income taxes	67/77	€31k
Net result for the period	9904	€295k
Result to be appropriated	9905	€295k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

91 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

5 of this company's 5 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

SHAH Ujwal
Director (executive)
State Gazette act 23433135 (22-11-2023)

Current
08-11-2023 → present
2 events
- 08-11-2023 Resigned· Director (executive)
- 08-11-2023 Appointed· Director (executive)

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Groothandel in diamant en andere edelstenen(46861)
Legal form	Private limited company(610)
Incorporation	11-02-2014
Status	Active
Postal code	2018

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

207 companies at this address See who is registered here

Establishment units

1 location

DIACORP BVBA

Hoveniersstraat 2, 2018 AntwerpenGroothandel in ruwe en bewerkte diamant

since 20142.228.251.435

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area3,604 m²

Buildings1

Building footprint2,774 m²

Volume (LiDAR)71,494 m³

Tallest building45.0 m · ±8 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)