Equity
€108,201 from €219,954 in 2014
Equity fell by 51% in 11 years.
LUCEE DIAMONDS
Lifetime
18 annual accounts with figures on one time axispeak €727,896 (2014)
€17,982▼ 58.7%
lowest -€314,367 (2016)
€2,011▼ 93.5%
peak €219,954 (2014)
€108,201▲ 15.4%
€1.9m▼ 6.2%
Board3 names since 2021
2 directorsMehta Varsha and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €43,530 to €17,982Result from €31,016 to €2,011Equity from €93,790 to €108,201
Key points
from the 2025 annual accountsTurnover
≈ €150,000 estimated
The accounts state no turnover.
Debts
€1.9m 95% of the balance sheet
Suppliers 0%Taxes and wages 3%Other 97%
Of this, €1.6m falls due within a year.
Liquidity
1.24 was 21.33 in 2024
Short-term debts rose from €99,363 to €1.6m.
Filings
18 annual accounts since 2008
Ten of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
At the same address
255 companies
Checked score
62
Healthy
Financially stronger than 28% of small companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 4,374 companies (NACE 46, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.5 percentage points vs 07-2025
09-2025: 0.4%▼ -0.7 percentage points vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 2.0%▲ +1.6 percentage points vs 07-2026highest value
09-2026: 1.5%▼ -0.5 percentage points vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 1.24, cash €1,499
1 change of registered office in 24 months
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €2.0m
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, small). It does better than 8% of them on solvency, 5% on liquidity, 23% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,448 companies had the same profile as LUCEE DIAMONDS has now. Each dot stands for 4 companies, two years later.
95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of LUCEE DIAMONDS itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,448 companies, not a prediction for LUCEE DIAMONDS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.24 (21.33 in 2024), below the usual 1.5. Short-term debt is 80.9% and cash 0.1% of total assets. 94.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 13800 sector peers (2025).
NBB · sector comparisonPosition among 13800 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €108,201
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
30 days late
2022
24 days late
2021
30 days late
2020
31 days late
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- STONE CREATIONS 81.13%score 53equity -€208,577 (2025) · 2024 annual accounts of STONE CREATIONS
Recent changes
Registered office moved from Brasschaat to Antwerp
New registered office: Hoveniersstraat 30, kantoor 327, bus 121, 2018 Antwerpen · Previous registered office: Bredabaan 460 bus 1002 te 2930 Brasschaat · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0898262263
Change of role: MEHTA Varsha Sailesh, from manager to director
“Het bewerken en doen bewerken,de handel,de in-en uitvoer,het in consignatie geven en nemen,de…” (deed in Dutch) · Director discharge: MEHTA Varsha Sailesh (manager) · Gazette deed
Resignation: Mehta Mitul (director)
Appointment: Mehta Varsha (director) · Director discharge: Mehta Mitul · General meeting of 13-07-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LUCEE DIAMONDS Antwerp | €2.0m | €17,982 | 5.4% | - |
| DDR Invest Essen | €2.3m | €29,362 | -0.9% | - |
| PEMU Invest Oudenaarde | €1.7m | €15,534 | 12.0% | - |
| Quimar De Haan | €1.8m | €33,204 | 85.8% | - |
| METRO INTERNATIONAL TRADING Antwerp | €2.9m | €24,121 | 32.2% | 3.1 |
| ADPLANDI Tongeren-Borgloon | €1.6m | €9,658 | 53.6% | - |
| VENACO Wemmel | €1.3m | €17,620 | 93.2% | - |
These companies have the same main activity as LUCEE DIAMONDS: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €1.3m and €2.9m, founded between 2001 and 2011.
Official details
Source: KBO- Status
- Active since 30-05-2008Normal situation
- Registered office
- 257 active companies are registered at this address5 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Agents specialised in the wholesale of other particular productsNACE 46180and 1 other
- Establishment unit
- 2.171.652.6282018 Antwerp, since 30-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 17-12-2025
Insights on LUCEE DIAMONDS
LUCEE DIAMONDS files the micro format. That format states no turnover. The gross margin fell from €122,088 in 2008 to €17,982 in 2025.
STONE CREATIONS holds 81.13% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about LUCEE DIAMONDS
- What is the company number of LUCEE DIAMONDS?
- The company number of LUCEE DIAMONDS is 0898.262.263. The VAT number is the same number with BE in front: BE 0898.262.263.
- Where is LUCEE DIAMONDS based?
- The registered office is at Hoveniersstraat 30, 2018 Antwerp.Company details
- What does LUCEE DIAMONDS do?
- According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
- What is the legal form of LUCEE DIAMONDS?
- LUCEE DIAMONDS is a private limited company (BV).
- When was LUCEE DIAMONDS founded?
- LUCEE DIAMONDS was founded on 30-05-2008.
- Is LUCEE DIAMONDS still active?
- Yes, LUCEE DIAMONDS is an active enterprise in the KBO register.
- What is the turnover of LUCEE DIAMONDS?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €17,982 and 71 comparable companies (NACE 461). It probably lies between €69,000 and €280,000. It is a rough estimate.Financials
- Is LUCEE DIAMONDS profitable?
- In financial year 2025, LUCEE DIAMONDS made a profit of €2,011.
- Where can I find the annual accounts of LUCEE DIAMONDS?
- LUCEE DIAMONDS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of LUCEE DIAMONDS due?
- LUCEE DIAMONDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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