HK DIAM
ActiveSummary
HK DIAM has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €21.4m and a net result of -€602,010. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 6130 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability17▼-6
Solvency92▼-6
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,300,000 at 30 days acceptable
Liquidity ample (current ratio 5.63 against 7.92 in 2023; short-term debt: 17.2% and cash: 5.2% of total assets), and 32.6% of the assets are financed with debt.
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Signals
Three 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 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
112 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 54 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 (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€36.6m▼ 60.3%
2023 · €92.2m
EBIT margin
-1.0%▼ 1.5pp
2023 · 0.5%
Net result
-€602,010▼ 23.2%
2023 · -€488,624
Working capital
€25.3m▼ 0.5%
2023 · €25.4m
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
Line20202021202220232024
Turnover€92.4m▼ 8.6%€164.4m▲ 78.0%€139.6m▼ 15.1%€92.2m▼ 34.0%€36.6m▼ 60.3%
Operating result€2.4m▼ 5.1%€7.1m▲ 193%€5.1m▼ 27.8%€468,894▼ 90.9%-€352,045
Net result€946,055above the sector's middle half▼ 36.0%€6.0mabove the sector's middle half▲ 531%€3.9mabove the sector's middle half▼ 33.9%-€488,624below the sector's middle half-€602,010below the sector's middle half▼ 23.2%
EBIT margin2.6%▲ 0.1pp4.3%▲ 1.7pp3.7%▼ 0.7pp0.5%▼ 3.2pp-1.0%▼ 1.5pp
Equity€12.5mabove the sector's middle half▲ 8.2%€18.5mabove the sector's middle half▲ 47.6%€22.5mabove the sector's middle half▲ 21.3%€22.0mabove the sector's middle half▼ 2.2%€21.4mabove the sector's middle half▼ 2.7%
Total assets€34.5mabove the sector's middle half▼ 15.8%€37.4mabove the sector's middle half▲ 8.3%€50.0mabove the sector's middle half▲ 33.7%€30.1mabove the sector's middle half▼ 39.7%€31.7mabove the sector's middle half▲ 5.2%
Debt€22.0m▼ 25.2%€18.9m▼ 14.2%€27.5m▲ 45.9%€8.2m▼ 70.3%€10.3m▲ 26.6%
Working capital€15.3mabove the sector's middle half▲ 5.1%€21.7mabove the sector's middle half▲ 42.0%€25.9mabove the sector's middle half▲ 19.4%€25.4mabove the sector's middle half▼ 2.0%€25.3mabove the sector's middle half▼ 0.5%
Solvency36.4%within the sector's middle half▲ 8.0pp49.6%within the sector's middle half▲ 13.2pp45.0%within the sector's middle half▼ 4.6pp72.9%above the sector's middle half▲ 27.9pp67.4%above the sector's middle half▼ 5.5pp
Current ratio1.84within the sector's middle half▲ 0.272.49within the sector's middle half▲ 0.652.13within the sector's middle half▼ 0.367.92above the sector's middle half▲ 5.795.63above the sector's middle half▼ 2.29
Return on assets (ROA)2.7%within the sector's middle half▼ 0.9pp16.0%above the sector's middle half▲ 13.2pp7.9%within the sector's middle half▼ 8.1pp-1.6%below the sector's middle half▼ 9.5pp-1.9%below the sector's middle half▼ 0.3pp
Staff (FTE)4within the sector's middle half▲ 21.2%4.3within the sector's middle half▲ 7.5%3.4below the sector's middle half▼ 20.9%2below the sector's middle half▼ 41.2%2below the sector's middle half=
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.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €352,045 after €468,894 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €31.7m
Fixed assets
€947,318 ▼ 10.2%
Current assets
€30.8m ▲ 5.8%
Equity and liabilities €31.7m
Equity
€21.4m ▼ 2.7%
Debt
€10.3m ▲ 26.6%
Debt's share of the balance-sheet total rises from 27.1% to 32.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€240,338▼
2023 · €581,659
Cash flow
-€490,302▼
2023 · -€375,859
Quick ratio
5.12▼
2023 · 6.53
Debt to equity
0.48▲
2023 · 0.37
ROE
-2.8%▼
2023 · -2.2%
Interest coverage
-1.40▼
2023 · 0.81
Debt ≤ 1 year
€5.5m▲
2023 · €3.7m
Debt > 1 year
€4.9m▲
2023 · €4.5m
Income taxes
€89,665▼
2023 · €159,347
Staff costs
€129,711▲
2023 · €129,412
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,340 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 12,321 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €164.5m | €139.7m | €92.2m | €36.6m | ▼ 60.3% |
| Turnover70 | €92.4m | €164.4m | €139.6m | €92.2m | €36.6m | ▼ 60.3% |
| Other operating income74 | - | €36,000 | €38,000 | €30,000 | €33,917 | ▲ 13.1% |
| Operating charges60/66A | - | €157.3m | €134.5m | €91.8m | €36.9m | ▼ 59.7% |
| Goods for resale, raw materials and consumables60 | - | €156.0m | €133.4m | €91.1m | €34.5m | ▼ 62.2% |
| Purchases600/8 | - | €157.5m | €135.8m | €87.1m | €34.0m | ▼ 60.9% |
| Change in stocks: decrease (increase)609 | - | -€1.5m | -€2.5m | €4.0m | €408,029 | ▼ 89.8% |
| Services and other goods61 | - | €989,585 | €823,437 | €431,920 | €354,004 | ▼ 18.0% |
| Remuneration, social security and pensions62 | - | €226,776 | €197,940 | €129,412 | €129,711 | ▲ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €77,393 | €66,931 | €107,706 | €112,765 | €111,708 | ▼ 0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €1.9m | - |
| Other operating charges640/8 | - | €32,416 | €29,316 | €17,911 | €13,729 | ▼ 23.4% |
| Non-recurring operating charges66A | - | €945 | - | - | - | - |
| Operating profit (loss)9901 | €2.4m | €7.1m | €5.1m | €468,894 | -€352,045 | ▼ 175% |
| Financial income75/76B | - | €10,552 | €14,229 | €11,209 | €61,766 | ▲ 451% |
| Recurring financial income75 | €42,749 | €10,552 | €14,229 | €11,209 | €61,766 | ▲ 451% |
| Income from current assets751 | - | €10,233 | €13,983 | €11,054 | €61,731 | ▲ 458% |
| Other financial income752/9 | - | €319 | €246 | €154 | €35 | ▼ 77.3% |
| Financial charges65/66B | - | €789,221 | €943,067 | €809,379 | €222,066 | ▼ 72.6% |
| Recurring financial charges65 | €1.4m | €789,221 | €943,067 | €809,379 | €222,066 | ▼ 72.6% |
| Debt charges650 | €648,594 | €637,213 | €786,545 | €721,523 | €171,805 | ▼ 76.2% |
| Other financial charges652/9 | - | €152,008 | €156,522 | €87,856 | €50,261 | ▼ 42.8% |
| Profit (loss) for the period before taxes9903 | €1.1m | €6.3m | €4.2m | -€329,277 | -€512,345 | ▼ 55.6% |
| Income taxes67/77 | €138,839 | €377,129 | €268,378 | €159,347 | €89,665 | ▼ 43.7% |
| Taxes670/3 | - | €377,129 | €268,378 | €159,347 | €89,665 | ▼ 43.7% |
| Profit (loss) for the period9904 | €946,055 | €6.0m | €3.9m | -€488,624 | -€602,010 | ▼ 23.2% |
| Profit (loss) for the period to be appropriated9905 | €946,055 | €6.0m | €3.9m | -€488,624 | -€602,010 | ▼ 23.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34.5m | €37.4m | €50.0m | €30.1m | €31.7m | ▲ 5.2% |
| Fixed assets21/28 | €1.1m | €1.0m | €1.1m | €1.1m | €947,318 | ▼ 10.2% |
| Intangible fixed assets21 | - | €7,549 | €6,019 | €4,489 | €2,959 | ▼ 34.1% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €1.1m | €1.0m | €942,279 | ▼ 10.1% |
| Land and buildings22 | - | €930,235 | €885,160 | €840,084 | €795,050 | ▼ 5.4% |
| Plant, machinery and equipment23 | - | €67,493 | €217,171 | €162,310 | €114,584 | ▼ 29.4% |
| Furniture and vehicles24 | - | €4,474 | €3,351 | €24,017 | €32,645 | ▲ 35.9% |
| Leasing and similar rights25 | - | €37,287 | €29,667 | €22,047 | - | - |
| Financial fixed assets28 | €2,080 | €2,080 | €2,080 | €2,080 | €2,080 | = |
| Other financial fixed assets284/8 | - | €2,080 | €2,080 | €2,080 | €2,080 | = |
| Amounts receivable and cash guarantees285/8 | - | €2,080 | €2,080 | €2,080 | €2,080 | = |
| Current assets29/58 | €33.4m | €36.3m | €48.8m | €29.1m | €30.8m | ▲ 5.8% |
| Stocks and contracts in progress3 | €5.1m | €6.6m | €9.1m | €5.1m | €2.8m | ▼ 45.1% |
| Stocks30/36 | - | €6.6m | €9.1m | €5.1m | €2.8m | ▼ 45.1% |
| Goods purchased for resale34 | - | €6.6m | €9.1m | €5.1m | €2.8m | ▼ 45.1% |
| Amounts receivable within one year40/41 | €25.6m | €26.5m | €36.4m | €20.8m | €26.3m | ▲ 26.7% |
| Trade receivables40 | - | €26.5m | €36.3m | €20.7m | €26.3m | ▲ 27.2% |
| Other amounts receivable41 | - | €40,650 | €113,201 | €86,087 | €24,872 | ▼ 71.1% |
| Cash at bank and in hand54/58 | €2.8m | €3.2m | €3.3m | €3.2m | €1.6m | ▼ 49.0% |
| Deferred charges and accrued income490/1 | - | €5,643 | €5,538 | €8,487 | €9,999 | ▲ 17.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34.5m | €37.4m | €50.0m | €30.1m | €31.7m | ▲ 5.2% |
| Equity10/15 | €12.5m | €18.5m | €22.5m | €22.0m | €21.4m | ▼ 2.7% |
| Contributions10/11 | - | €3.5m | €3.5m | €3.5m | €3.5m | = |
| Reserves13 | €9.1m | €15.0m | €19.0m | €18.5m | €17.9m | ▼ 3.3% |
| Non-distributable reserves130/1 | - | €349,500 | €349,500 | €349,500 | €349,500 | = |
| Reserves not available under the articles1311 | - | €349,500 | €349,500 | €349,500 | €349,500 | = |
| Distributable reserves133 | - | €14.7m | €18.6m | €18.1m | €17.5m | ▼ 3.3% |
| Amounts payable17/49 | €22.0m | €18.9m | €27.5m | €8.2m | €10.3m | ▲ 26.6% |
| Amounts payable after more than one year17 | €3.8m | €4.2m | €4.6m | €4.5m | €4.9m | ▲ 8.4% |
| Financial debts170/4 | - | €4.2m | €4.6m | €4.5m | €4.9m | ▲ 8.4% |
| Leasing and similar obligations172 | - | €25,263 | €15,179 | - | - | - |
| Credit institutions173 | - | €86,515 | €75,869 | €65,077 | €55,026 | ▼ 15.4% |
| Other loans174 | - | €4.1m | €4.5m | €4.4m | €4.8m | ▲ 8.8% |
| Amounts payable within one year42/48 | €18.2m | €14.6m | €22.9m | €3.7m | €5.5m | ▲ 48.8% |
| Current portion of amounts payable after more than one year42 | - | €20,337 | €20,730 | €25,971 | €10,263 | ▼ 60.5% |
| Financial debts43 | - | €8.8m | €9.4m | - | - | - |
| Credit institutions430/8 | - | €8.8m | €9.4m | - | - | - |
| Trade debts44 | €9.6m | €5.2m | €12.8m | €3.0m | €5.0m | ▲ 65.6% |
| Suppliers440/4 | - | €5.2m | €12.8m | €3.0m | €5.0m | ▲ 65.6% |
| Taxes, remuneration and social security45 | - | €388,305 | €496,896 | €451,223 | €257,869 | ▼ 42.9% |
| Taxes450/3 | - | €349,261 | €482,948 | €435,239 | €241,649 | ▼ 44.5% |
| Remuneration and social security454/9 | - | €39,043 | €13,948 | €15,984 | €16,220 | ▲ 1.5% |
| Other amounts payable47/48 | - | €156,925 | €160,979 | €177,147 | €198,679 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | €18,787 | €30,504 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €946,055 | €6.0m | €3.9m | -€488,624 | -€602,010 | ▼ 23.2% |
| + Depreciation and write-downs630 | €77,393 | €66,931 | €107,706 | €112,765 | €111,708 | ▼ 0.9% |
| Operating cash flow (approximation) | €1.0m | €6.0m | €4.1m | -€375,859 | -€490,302 | ▼ 30.4% |
| Investment in fixed assets (approximation) | - | -€47,260 | -€202,036 | -€24,344 | -€3,999 | ▲ 83.6% |
| Change in cash | - | €397,033 | €125,575 | -€55,637 | -€1.6m | ▼ 2,748% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
07-05
State Gazette act
Resignations & appointmentsPower of attorney · Director in office3 facts ▸
State Gazette act
Resignations & appointments
Power of attorney · Director in office3 facts ▸
- Board meeting, 16-04-2026
- Power of attorney, ROOSENS Cindy
- Director in office, BHUT Jatinkumar (director)
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet -€602,010
Net result drops to -€602,010, the lowest in the series.
20-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 112 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 7.92
Current ratio from 2.13 to 7.92; short-term debt falls from €22.9m to €3.7m.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €6.0m ▲531%
Operating result €7.1m, net result €6.0m, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 1 has been read. The other 16 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 17 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2002
Ground area
3,604 m²
Building footprint
2,774 m²
Volume, LiDAR
71,494 m³
Parcel 11808H1178/00F008, Flanders · tallest building 45.0 m, ±8 floors. Linked by address, not a title deed.
207
companies at this address
See who is registered here
1 establishment unit
HK DIAM
since 20022.115.365.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00F008 | Flanders | 3,604 m² | 1 · 2,774 m² | 45.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500TCEBJN2WYU7O48
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TWINKLEDIAM
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Of 1,228 companies in this sector we hold annual accounts for 748. 239 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded29-07-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478090135
Also
9925:BE0478090135
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.