ELITE GEMS
ActiveSummary
ELITE GEMS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.9m and a net result of €877,625. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 11693 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Wholesale of diamonds and other precious stones
NACE 46861NACE 46761NACE 51561
1 site
How big
€8.8mtotal assets 2025
- Staff
- 1 FTE
- Equity
- €3.9m
- Profit
- €877,625
Turnover not published (abridged schema)
Who decides
- Board
- 1 member
Accounts filed 55 d late1 of 11 deeds read
Why 67- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability63▲+26
Solvency70▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260,000 at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.73 in 2024; short-term debt: 55.2% and cash: 0% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
10%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
55 d late
2024
16 d early
2023
1 d early
2022
30 d late
2021
78 d late
2020
31 d late
2019
48 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Resignation: BASMA,Patrick (director)Appointment: HAMZAH,Tareq (non-statutory director) ·…
- Back to profitnet €877,625
Financials
Fiscal year 2025Total assets €8.8mProfit €877,625Solvency 44.8%Liquidity 1.81
Total assets
€8.8m▲ 21.1%
2018 - 2025
Net result
€877,625
2018 - 2025
Equity
€3.9m▲ 28.8%
2018 - 2025
Staff (FTE)
1▼ 9.1%
2020 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€2.2m▼ 9.3%€0.4m▼ 81.4%-€1.5m€0.2m€1.0m▲ 526%
Net result€2.1mabove the sector's middle half▼ 8.7%€0.1mwithin the sector's middle half▼ 93.0%-€1.4mbelow the sector's middle half-€0.001mbelow the sector's middle half▲ 99.9%€0.9mabove the sector's middle half
Equity€4.3mabove the sector's middle half▲ 92.0%€4.4mabove the sector's middle half▲ 3.4%€3.0mabove the sector's middle half▼ 31.4%€3.0mabove the sector's middle half=€3.9mabove the sector's middle half▲ 28.8%
Total assets€8.0mabove the sector's middle half▲ 141%€12.7mabove the sector's middle half▲ 58.3%€9.7mabove the sector's middle half▼ 23.4%€7.2mabove the sector's middle half▼ 25.8%€8.8mabove the sector's middle half▲ 21.1%
Debt€3.7m▲ 243%€8.3m▲ 121%€6.7m▼ 19.0%€4.2m▼ 37.6%€4.8m▲ 15.4%
Working capital€4.3mabove the sector's middle half▲ 91.8%€4.4mabove the sector's middle half▲ 3.4%€3.0mabove the sector's middle half▼ 31.4%€3.0mabove the sector's middle half=€3.9mabove the sector's middle half▲ 28.9%
Solvency53.4%within the sector's middle half▼ 13.8pp34.9%within the sector's middle half▼ 18.5pp31.2%within the sector's middle half▼ 3.7pp42.1%within the sector's middle half▲ 10.9pp44.8%within the sector's middle half▲ 2.7pp
Current ratio2.15within the sector's middle half▼ 0.911.54within the sector's middle half▼ 0.611.45within the sector's middle half▼ 0.081.73within the sector's middle half▲ 0.271.81within the sector's middle half▲ 0.08
Return on assets (ROA)25.6%above the sector's middle half▼ 42.1pp1.1%within the sector's middle half▼ 24.5pp-14.3%below the sector's middle half▼ 15.4pp0.0%below the sector's middle half▲ 14.3pp10.0%within the sector's middle half▲ 10.0pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1.6within the sector's middle half▲ 60.0%1.1within the sector's middle half▼ 31.3%1▼ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 526% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.8m
Fixed assets
€2,250 =
Current assets
€8.7m ▲ 21.1%
Equity and liabilities €8.8m
Equity
€3.9m ▲ 28.8%
Debt
€4.8m ▲ 15.4%
Debt's share of the balance-sheet total falls from 57.9% to 55.2%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
Quick ratio
0.27▼
2024 · 0.54
Debt to equity
1.23▼
2024 · 1.37
ROE
22.4%▲
2024 · 0.0%
Debt ≤ 1 year
€4.8m▲
2024 · €4.2m
Income taxes
€52,537▲
2024 · €13,643
Staff costs
€55,093▼
2024 · €72,718
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0.05m | €0.07m | €0.09m | €0.07m | €0.06m | ▼ 24.2% |
| Other operating charges640/8 | €0.003m | €0.003m | €0.001m | €0.003m | €410 | ▼ 84.6% |
| Gross operating margin9900 | €2.3m | €0.5m | -€1.4m | €0.2m | €1.0m | ▲ 348% |
| Operating profit (loss)9901 | €2.2m | €0.4m | -€1.5m | €0.2m | €1.0m | ▲ 526% |
| Financial income75/76B | €0.5m | €0.2m | €2.8m | €1.1m | €0.007m | ▼ 99.3% |
| Recurring financial income75 | €0.5m | €0.2m | €2.8m | €1.1m | €0.007m | ▼ 99.3% |
| Financial charges65/66B | €0.5m | €0.4m | €2.6m | €1.3m | €0.07m | ▼ 94.5% |
| Recurring financial charges65 | €0.5m | €0.4m | €2.6m | €1.3m | €0.07m | ▼ 94.5% |
| Profit (loss) for the period before taxes9903 | €2.2m | €0.2m | -€1.4m | €0.01m | €0.9m | ▲ 7,300% |
| Income taxes67/77 | €0.1m | €0.04m | €0.02m | €0.01m | €0.05m | ▲ 285% |
| Profit (loss) for the period9904 | €2.1m | €0.1m | -€1.4m | -€0.001m | €0.9m | ▲ 81,948% |
| Profit (loss) for the period to be appropriated9905 | €2.1m | €0.1m | -€1.4m | -€0.001m | €0.9m | ▲ 81,948% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.0m | €12.7m | €9.7m | €7.2m | €8.8m | ▲ 21.1% |
| Fixed assets21/28 | €0.004m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Financial fixed assets28 | €0.004m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €8.0m | €12.7m | €9.7m | €7.2m | €8.7m | ▲ 21.1% |
| Stocks and contracts in progress3 | €3.8m | €9.8m | €5.6m | €5.0m | €7.4m | ▲ 49.8% |
| Stocks30/36 | €3.8m | €9.8m | €5.6m | €5.0m | €7.4m | ▲ 49.8% |
| Amounts receivable within one year40/41 | €3.2m | €2.9m | €4.1m | €2.2m | €1.3m | ▼ 42.3% |
| Trade receivables40 | €3.2m | €2.9m | €4.1m | €2.2m | €1.3m | ▼ 41.8% |
| Other amounts receivable41 | €0.002m | €0.001m | €0.001m | €0.05m | €0.02m | ▼ 63.6% |
| Cash at bank and in hand54/58 | €1.0m | €0.01m | €0.02m | €0.006m | €0.003m | ▼ 54.8% |
| Deferred charges and accrued income490/1 | - | €235 | €0.001m | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.0m | €12.7m | €9.7m | €7.2m | €8.8m | ▲ 21.1% |
| Equity10/15 | €4.3m | €4.4m | €3.0m | €3.0m | €3.9m | ▲ 28.8% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Non-distributable reserves130/1 | €0.002m | €0.002m | - | - | - | - |
| Reserves not available under the articles1311 | €0.002m | €0.002m | - | - | - | - |
| Distributable reserves133 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €4.2m | €4.4m | €3.0m | €3.0m | €3.9m | ▲ 29.5% |
| Amounts payable17/49 | €3.7m | €8.3m | €6.7m | €4.2m | €4.8m | ▲ 15.4% |
| Amounts payable within one year42/48 | €3.7m | €8.3m | €6.7m | €4.2m | €4.8m | ▲ 15.4% |
| Trade debts44 | €3.2m | €7.6m | €6.0m | €3.5m | €4.2m | ▲ 17.9% |
| Suppliers440/4 | €3.2m | €7.6m | €6.0m | €3.5m | €4.2m | ▲ 17.9% |
| Taxes, remuneration and social security45 | €0.1m | €0.1m | €0.1m | €0.06m | €0.08m | ▲ 34.8% |
| Taxes450/3 | €0.1m | €0.1m | €0.09m | €0.03m | €0.07m | ▲ 145% |
| Remuneration and social security454/9 | €0.008m | €0.01m | €0.02m | €0.03m | €0.01m | ▼ 62.7% |
| Other amounts payable47/48 | €0.4m | €0.5m | €0.6m | €0.6m | €0.6m | ▼ 0.7% |
| Accrued charges and deferred income492/3 | - | €0.002m | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.1m | €0.1m | -€1.4m | -€0.001m | €0.9m | ▲ 81,948% |
| Operating cash flow (approximation) | €2.1m | €0.1m | -€1.4m | -€0.001m | €0.9m | ▲ 81,948% |
| Investment in fixed assets (approximation) | - | €0.001m | €0 | €0 | €0 | - |
| Change in cash | - | -€1.0m | €0.01m | -€0.02m | -€0.003m | ▲ 80.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
Premier Diamond Corporation
BE 0404.981.730
Antwerpen · Eq €3,921,781
DHV
BE 0407.908.358
Antwerpen · Eq €3,951,409
STARLITE DIAMONDS
BE 0422.656.417
Antwerpen · Eq €3,962,217
J.R. DIAM
BE 0874.627.521
Antwerpen · Eq €3,967,272
AARYA DIMON
BE 0866.079.247
Antwerpen · Eq €3,979,484
Of 1,228 companies in this sector we hold annual accounts for 748. 434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 director
Directors
Directors
1 director, last change in 2026
HAMZAH,Tareq
CurrentNon-statutory director · since 01-04-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
10 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HAMZAH,Tareq |
|
| BASMA,Patrick |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Timeline
17 eventsLatest 24-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
16-06
State Gazette act
Resignation: BASMA,Patrick (director)Appointment: HAMZAH,Tareq (non-statutory director) · Permanent representative: Jérémie Godu · Director discharge5 facts ▸
State Gazette act
Resignation: BASMA,Patrick (director)
Appointment: HAMZAH,Tareq (non-statutory director) · Permanent representative: Jérémie Godu · Director discharge5 facts ▸
- General meeting, 01-04-2026
- Director resignation, BASMA,Patrick (director)
- Director discharge, BASMA,Patrick
- Director appointment, HAMZAH,Tareq (non-statutory director)
- Permanent representative, Jérémie Godu (permanent representative)
2025
31-12
Financial
Back to profitnet €877,625
Net result €877,625 after 2 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€1.4m
Net result drops to -€1.4m, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €2.3m ▲25,948%
Operating result €2.4m, net result €2.3m, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.06
Current ratio from 0.98 to 3.06; short-term debt falls from €1.1m to €1.1m.
31-12
Financial
Equity above €2mEq €2.2m
2 profitable years in a row build equity to €2.2m.
Show earlier events
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Back to profitnet €8,647
Net result €8,647 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 08-03-1991Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded08-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
E-invoicing
Reachable via Peppol
Peppol ID
0208:0443374528
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1991
Ground area
3,046 m²
Building footprint
2,904 m²
Volume, LiDAR
74,659 m³
Parcel 11808H1178/00S008, Flanders · tallest building 46.0 m, ±8 floors. Linked by address, not a title deed.
258
companies at this address
See who is registered here
1 establishment unit
ELITE GEMS BVBA
since 1991unit no. 2.052.047.074
1 parcel
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. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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