HARDWILL DIAMONDS
ActiveHARDWILL DIAMONDS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €506k and a net result of €34k. Equity is shrinking by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability33▲+2
Solvency23▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.25 in 2023), and 89% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9017 sector peers (2024).
NBB · sector comparisonPosition among 9017 sector peers
Solvency
better than 16%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €506k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
15 d early
2022
60 d late
2021
24 d late
2020
58 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€506k▲ 7.2%
2023 · €472k
2018: €937k
2019: €812k
2020: €548k
2021: €450k
2022: €443k
2023: €472k
2018 → 2024
Total assets
€4.61M▲ 28.6%
2023 · €3.59M
2018: €1.81M
2019: €1.94M
2020: €1.42M
2021: €1.46M
2022: €1.35M
2023: €3.59M
2018 → 2024
Net result
€34k▲ 16.7%
2023 · €29k
2018: €437k
2019: €-124k
2020: €-264k
2021: €-99k
2022: €-7k
2023: €29k
2018 → 2024
Working capital
€754k▲ 4.7%
2023 · €720k
2018: €1.18M
2019: €1.06M
2020: €795k
2021: €697k
2022: €691k
2023: €720k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€548k-€450k▼ 18.0%€443k▼ 1.5%€472k▲ 6.5%€506k▲ 7.2%
Operating result€-259k-€-95k▲ 63.3%€-4k▲ 96.3%€37k€65k▲ 74.1%
Net result€-264k-€-99k▲ 62.6%€-7k▲ 93.2%€29k€34k▲ 16.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 74% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.61M
Fixed assets
€2k=
Current assets
€4.61M▲ 28.6%
Equity and liabilities €4.61M
Equity
€506k▲ 7.2%
Debt
€4.10M▲ 31.8%
The debt ratio rises from 86.8% to 89.0%: debt grows faster than equity.
Key figures and ratios
Solvency
11.0%▼
2023 · 13.2%
Current ratio
1.20▼
2023 · 1.25
Quick ratio
0.47▲
2023 · 0.44
Debt / equity
8.12▲
2023 · 6.60
ROE
6.7%▲
2023 · 6.1%
ROA
0.7%▼
2023 · 0.8%
Debt
€4.10M▲
2023 · €3.11M
Debt ≤ 1 year
€3.85M▲
2023 · €2.86M
Debt > 1 year
€250k=
2023 · €250k
Income taxes
€24k▲
2023 · €4k
Staff costs
€106k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.59M€4.61M▲
Fixed assets21/28€2k€2k=
Financial fixed assets28€2k€2k=
Current assets29/58€3.58M€4.61M▲
Stocks and contracts in progress3€2.32M€2.79M▲
Stocks30/36€2.32M€2.79M▲
Amounts receivable within one year40/41€1.27M€1.81M▲
Trade receivables40€1.26M€1.80M▲
Other amounts receivable41€3k€10k▲
Cash at bank and in hand54/58€10€8k▲
Deferred charges and accrued income490/1-€799
Equity and liabilities
Total equity and liabilities10/49€3.59M€4.61M▲
Equity10/15€472k€506k▲
Contributions10/11€19k€19k=
Reserves13€918k€918k=
Distributable reserves133€918k€918k=
Profit (loss) carried forward14€-465k€-431k▲
Amounts payable17/49€3.11M€4.10M▲
Amounts payable after more than one year17€250k€250k=
Financial debts170/4€250k€250k=
Amounts payable within one year42/48€2.86M€3.85M▲
Financial debts43€1k€42▼
Credit institutions430/8€1k€42▼
Trade debts44€2.83M€3.79M▲
Suppliers440/4€2.83M€3.79M▲
Taxes, remuneration and social security45€13k€65k▲
Taxes450/3€13k€38k▲
Remuneration and social security454/9-€28k
Other amounts payable47/48€18k-
Income statement
Code20232024
Remuneration, social security and pensions62-€106k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€393-
Other operating charges640/8€2k€3k▲
Gross operating margin9900€39k€174k▲
Operating profit (loss)9901€37k€65k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€33k€58k▲
Income taxes67/77€4k€24k▲
Profit (loss) for the period9904€29k€34k▲
Profit (loss) for the period to be appropriated9905€29k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-465k€-431k▲
Profit (loss) brought forward from the previous period14P€-494k€-465k▲
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Equity above €500kEq €506k ▲7.2%
2 profitable years in a row build equity to €506k.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €29k
Net result €29k after 4 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 58 days late
2020
31-12
Financial
Weakest financial yearnet €-264k
Net result drops to €-264k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1992
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.
Hoveniersstraat 302018 AntwerpenGround area
3,096 m²
Building footprint
2,904 m²
Volume, LiDAR
74,659 m³
2 parcels, Flanders · tallest building 46.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
HARDWILL DIAMONDS BVBA
since 19922.057.481.648
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 fl. |
| 11808H1182/00X017 | Flanders | 49 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
S.G.I.
BE 0751.988.639
Antwerpen · Eq €510k
DIAMASTER
BE 0862.697.511
Antwerpen · Eq €511k
DEEPDIAM
BE 0824.294.914
Antwerpen · Eq €512k
LERNER DIAMONDS
BE 0435.854.949
Antwerpen · Eq €498k
SANDGEMS
BE 0452.004.954
Antwerpen · Eq €513k
Of 1,226 companies in sector 46861 we hold annual accounts for 675. 476 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-05-1992
Fiscal year end31-12
Activities, NACEBEL
46861Wholesale of diamonds and other precious stones
51561
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.