Active BE 0877.096.269Private limited company (pre-2019)Open bankruptcy

DIAMANT KASAI

Hoveniersstraat 30 ·2018 Antwerpen, Belgium· 20 yrs active

Sector: Groothandel in diamant en andere edelstenen (46861)

Conclusion Checked

A bankruptcy procedure is open for DIAMANT KASAI according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €766k and a net result of €-1.39M.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€766k
Net result	€-1.39M
Staff (FTE)	3.1
Active	20 yrs

Financial profile 4 of 5 axes measured · computed by Checked

8 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 0

Solvency 32

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags0 events

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.

Health barometer FY 2018 · computed

0 / 100 Critical

050100

Computed from 5 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 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-11-2021 with the NBB · fiscal year 2020 · volledig

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	volledig
Revenue	€16.70M
EBITDA	€-1.35M
Net profit	€-1.39M
Cash flow	€-1.38M
Staff costs	-
Income taxes	€36k
Dividends	-
Total assets	€6.91M
Equity	€766k
Debt	€6.14M
of which ≤ 1y	€6.14M
of which > 1y	-
Working capital	€701k
Employees (FTE)	3.1

Ratios (computed)

	2018
Current ratio	1.11
Quick ratio	1.04
Working capital ratio	10.1%
Solvency	11.1%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-2186.70
Gross margin	-
Net margin	-8.3%
ROA	-20.1%
ROE	-181.0%
EBITDA margin	-8.1%
Days sales outstanding	132d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €65k · 0.9% Current assets €6.84M · 99.1%

Equity & liabilities

Equity €766k · 11.1% Debt €6.14M · 88.9%

Full annual accounts (22 line items)

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

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€6.91M
Fixed assets	21/28	€65k
Tangible fixed assets	22/27	€65k
Current assets	29/58	€6.84M
Stocks & contracts in progress	3	€439k
Amounts receivable within one year	40/41	€6.03M
Cash & bank	54/58	€373k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€6.91M
Equity	10/15	€766k
Reserves	13	€2.13M
Accumulated profits (losses)	14	€-1.39M
Amounts payable	17/49	€6.14M
Amounts payable within one year	42/48	€6.14M
Trade debts payable within one year	44	€6.04M
Income statement
Turnover	70	€16.70M
Operating result	9901	€-1.36M
Financial income	75	€18k
Financial charges	65	€7k
Result before taxes	9903	€-1.35M
Income taxes	67/77	€36k
Net result for the period	9904	€-1.39M
Result to be appropriated	9905	€-1.39M

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	HERMAN HELLENBOSCH AMERIKALEI 160, 2000 ANTWERPEN 1	09-12-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in diamant en andere edelstenen(46861)
Legal form	Private limited company (pre-2019)(015)
Incorporation	04-11-2005
Status	Active
Postal code	2018
First BS signal	15-12-2021
Latest BS signal	15-12-2021

Establishment units 1 location

DIAMANT KASAI B.V.B.A.

Hoveniersstraat 30, 2018 Antwerpende groothandel in ruwe en bewerkte diamant

since 20052.149.889.291

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

Real-estate footprint Source: CBE × cadastre

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%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11808H1178/00S008	Flanders	3,046 m²	1 · 2,904 m²	46.0 m · 8 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

15-12-2021

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · DIAMANT KASAI BV HOVE- NIERSTRAAT 30/249, 2018 ANTWERPEN 1 · event 09-12-2021

29-11-2021