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KGK GEMS

Active
Private limited companyfounded 2021active for 5 yearsHoveniersstraat 2, 2018 Antwerpen, Belgium206 active companies are registered at this addressKBO/BCE: BE 0769.364.012

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KGK GEMS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€27,901) and a net result of -€21,936. Equity has been shrinking by about 278% per year since 2023. Its solvency ranks better than 5% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

KBO
Status
Active since 04-06-2021 Normal situation
Legal form
Private limited company
Registered office
Hoveniersstraat 2, 2018 Antwerpen
Activity
Wholesale trade NACE 46480and 2 others
Establishment unit
2.317.949.810 2018 Antwerpen, since 04-06-2021
Financial year end
31 March
Peppol
Reachable since 22-12-2025

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts to 31-03-2025
Gross margin
-€13,210
▼ 22.7%
Loss
€21,936
▲ 88.7%
Equity
-€27,901
▼ 368%
Total assets
€29,207
▼ 83.4%
Staff
≈ 0.2 FTE
estimated
Turnover not published (abbreviated format)2026 accounts not filed, 1 day past the deadline
Filed on 27-11-2025PDF
Score breakdownraises riskCapped at 59: negative equityNegative equity -€27,901Loss of €21,936, the second in a row (financial year 2025)lowers riskSize: total assets €29,207Liquidity: current ratio 0.51, cash €26,041Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 16% of micro companies in wholesale trade (NACE 46)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-22
equity -95.5% of total assets
Liquidity 50+34
short-term debt 195.5% · cash 89.2%
Profitability 0-21
return on assets -75.1%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.8%▲ +0.1 percentage points vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.6%▼ -0.2 percentage points vs 01-2025 03-2025: 1.5%▼ -0.1 percentage points vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.1 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.7%▲ +0.1 percentage points vs 09-2025 11-2025: 2.4%▲ +0.7 percentage points vs 10-2025 12-2025: 2.7%▲ +0.3 percentage points vs 11-2025highest value 01-2026: 1.1%▼ -1.6 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.1 percentage points vs 05-2026 07-2026: 0.9%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.51 (0.97 in 2024), below 1. Short-term debt is 195.5% and cash 89.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 6% of them on solvency, 51% on liquidity, 6% on profitability and 1% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €29,207
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.51, cash €26,041
NBB · annual accounts
raises risk · Negative equity -€27,901
NBB · annual accounts
raises risk · Loss of €21,936, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€27,901
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2026
not filed
2025
27 days late
2024
18 days late
2023
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 24 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€27,901 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€21,936 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 43.0% · 9,829 companies -95.5% View

Documents

Annual accounts at the NBB

Articles and registers

Key facts about KGK GEMS

What is the company number of KGK GEMS?
The company number of KGK GEMS is 0769.364.012. The VAT number is the same number with BE in front: BE 0769.364.012.
Where is KGK GEMS based?
The registered office is at Hoveniersstraat 2, 2018 Antwerpen.Company details
What does KGK GEMS do?
According to the KBO register, the main activity is wholesale trade (NACE 46480).
What is the legal form of KGK GEMS?
The legal form of KGK GEMS is Private limited company (BV).
When was KGK GEMS founded?
KGK GEMS was founded on 04-06-2021.
Is KGK GEMS still active?
Yes, KGK GEMS is an active enterprise in the KBO register.
What is the turnover of KGK GEMS?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is KGK GEMS profitable?
In financial year 2025, KGK GEMS made a loss of €21,936.
Where can I find the annual accounts of KGK GEMS?
KGK GEMS filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)

Comparable companies

These companies have the same main activity as KGK GEMS: wholesale trade (NACE 46480). They are comparable in size and age: total assets between €26,200 and €58,400, founded between 2019 and 2023.

CompanyTotal assetsGross margin
KGK GEMS Antwerpen€29,207-€13,210
VALDOU Rixensart€33,247€1,137
DIAMOND SEA Antwerpen€26,711-€38
EJ MULLER Elsene€26,195€4,371
Folie à Trois Dilbeek€58,414-€8,916
ACHINTYA JEWELS Antwerpen€55,217-€4,452
JEYMA Wasseiges€55,261-€14,206
Full comparison

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