FREEDOM DIAMONDS

Active

Private limited companyfounded 2011active for 15 yearsHoveniersstraat 30, 2018 Antwerpen, Belgium256 active companies are registered at this addressKBO/BCE: BE 0836.108.722

Summary

The computed 12-month bankruptcy probability of FREEDOM DIAMONDS is 8.8% (elevated). For FREEDOM DIAMONDS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €384,851 and a net result of -€795,789. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 8,841 sector peers (NACE 46, financial year 2023). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

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FREEDOM DIAMONDSActive

Risk analysis Report Compare

Activity

Wholesale of diamonds and other precious stones

NACE 46861

1 site

Size

€7.7mtotal assets 2023

Staff: 2 FTE
Equity: €384,851
Loss: -€795,789

Turnover not published (abbreviated or micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 8.8%

2023 figures too old to score

Structure

Accounts 443 days overdue1 of 10 deeds read

Signalsraises riskFigures for financial year 2023 (filed 12-06-2024)2 financial years not filed after the legal deadlineLiquidity: current ratio 1.05, cash €36,886Equity €384,851 (5.0% of total assets)Two or more financial years not filedneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 30-18

equity 5.0% of total assets

Liquidity 1-8

short-term debt 94.9% · cash 0.5%

Profitability 6-63

return on assets -10.4%

Bankruptcy probability, 12 months

8.8% Elevated

0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,876 companies, NACE 46, micro)

Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 1.4%▼ -0.7 percentage points vs 01-2025lowest value 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.5%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.9%▲ +0.4 percentage points vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.6 percentage points vs 07-2025 09-2025: 3.0%▲ +0.3 percentage points vs 08-2025 10-2025: 3.9%▲ +0.9 percentage points vs 09-2025 11-2025: 4.0%▲ +0.1 percentage points vs 10-2025 12-2025: 4.7%▲ +0.7 percentage points vs 11-2025 01-2026: 6.6%▲ +1.9 percentage points vs 12-2025 02-2026: 6.6%● unchanged vs 01-2026 03-2026: 6.6%● unchanged vs 02-2026 04-2026: 6.0%▼ -0.6 percentage points vs 03-2026 05-2026: 6.0%● unchanged vs 04-2026 06-2026: 6.0%● unchanged vs 05-2026 07-2026: 7.0%▲ +1.0 percentage point vs 06-2026 08-2026: 8.8%▲ +1.8 percentage points vs 07-2026highest value 09-2026: 8.8%● unchanged vs 08-2026highest value 10-2026: 8.8%● unchanged vs 09-2026highest value

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Signals

Six signals.

raises riskneutral

Figures for financial year 2023 (filed 12-06-2024)

NBB · annual accounts

2 financial years not filed after the legal deadline

NBB · filings

Liquidity: current ratio 1.05, cash €36,886

NBB · annual accounts

Equity €384,851 (5.0% of total assets)

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 8 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline17-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-06-2024, 54 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

54 days early

2022

19 days early

2021

60 days early

2020

31 days late

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

09-12-2024 Reappointment: Figurad Bedrijfsrevisoren (statutory auditor)Gazette deed
07-06-2024 Annual accounts filedfinancial year 2023 · abbreviated…
31-12-2023 Weakest financial yearnet -€795,789

Key points

Risk: Accounts not fileddeadline was 31-07-2025 443 days late View
Caution: From profit to loss in 2023after €8,052 in 2022 -€795,789 View
Caution: Among the weakest 5% on net resultsector median €45,142 · 8,833 companies -€795,789 View