GEMSTONES
InactiveGEMSTONES was declared bankrupt on 28-06-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 08-04-2025, published in the Belgian State Gazette on 16-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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 · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-12-2023, 136 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.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
136 d late
2021
76 d late
2020
339 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Turnover
€273k▲ 85.1%
2021 · €147k
2021: €147k
2021 → 2022
EBIT margin
-0.4%▲ 4.8pp
2021 · -5.2%
2021: -5.2%
2021 → 2022
Net result
€-2k▲ 81.8%
2021 · €-8k
2021: €-8k
2021 → 2022
Working capital
€-11k▼ 15.3%
2021 · €-10k
2021: €-10k
2021 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202020212022Trend
Turnover€147k€273k▲ 85.1%
Equity€2k-€-6k€-8k▼ 24.1%
Operating result€-8k€-1k▲ 84.9%
Net result€-8k€-2k▲ 81.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2022 against €8k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €12k
Fixed assets
€4k =
Current assets
€8k ▼ 1.9%
Key figures and ratios
Solvency
-65.8%▼
2021 · -52.4%
Current ratio
0.42▼
2021 · 0.46
Quick ratio
0.17▲
2021 · 0.11
Debt to equity
-2.52▲
2021 · -2.91
ROA
-12.8%▲
2021 · -69.1%
Debt
€20k▲
2021 · €18k
Debt ≤ 1 year
€20k▲
2021 · €18k
Staff costs
€23k▼
2021 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 34 lines
Balance sheet
Code20212022
Assets
Total assets20/58€12k€12k▼
Fixed assets21/28€4k€4k=
Financial fixed assets28€4k€4k=
Current assets29/58€8k€8k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Amounts receivable within one year40/41-€559
Other amounts receivable41-€559
Cash at bank and in hand54/58€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€12k€12k▼
Equity10/15€-6k€-8k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-8k€-10k▼
Amounts payable17/49€18k€20k▲
Amounts payable within one year42/48€18k€20k▲
Trade debts44€9k€19k▲
Suppliers440/4€9k€19k▲
Taxes, remuneration and social security45€328€293▼
Taxes450/3€179-
Remuneration and social security454/9€149€293▲
Other amounts payable47/48€9k-
Income statement
Code20212022
Turnover70€147k€273k▲
Goods, raw materials, services and sundry goods60/61€132k€249k▲
Remuneration, social security and pensions62€24k€23k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€18k€24k▲
Operating profit (loss)9901€-8k€-1k▲
Financial charges65/66B€518€334▼
Recurring financial charges65€518€334▼
Profit (loss) for the period before taxes9903€-8k€-2k▲
Profit (loss) for the period9904€-8k€-2k▲
Profit (loss) for the period to be appropriated9905€-8k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-10k▼
Profit (loss) brought forward from the previous period14P-€-8k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL GEMSTONES AVENUE CLEMENCEAU 38, 1070 ANDERLECHT. déclarée le 28 juin 2024 · event 08-04-2025
2024
10-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL GEMSTONES AVENUE CLEMEN- CEAU 38, 1070 ANDERLECHT · event 28-06-2024
2023
14-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 136 days late
2022
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 339 days late
SignalNBB filing
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLAIRE VAN DE VELDE AVENUE DE FRE 229,
1180 UCCLE |
28-06-2024 → 08-04-2025 |