NACREGEM
ActiveSummary
NACREGEM has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €395k and a net result of €5k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-4
Solvency87▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 2.43 in 2024; short-term debt: 37.6% and cash: 4.5% of total assets), and 37.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.3%
Return on assets
0.9%
Age of the figures
9 mo
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 →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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
29 d late
2024
30 d late
2023
30 d late
2022
56 d late
2021
31 d late
2020
75 d late
2019
49 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€395k▲ 1.4%
2024 · €389k
2018: €218k
2019: €222k
2020: €229k
2021: €275k
2022: €357k
2023: €363k
2024: €389k
2018 → 2025
Total assets
€634k▼ 4.1%
2024 · €661k
2018: €722k
2019: €725k
2020: €697k
2021: €675k
2022: €760k
2023: €731k
2024: €661k
2018 → 2025
Net result
€5k▼ 79.2%
2024 · €26k
2018: €71k
2019: €4k
2020: €7k
2021: €46k
2022: €82k
2023: €7k
2024: €26k
2018 → 2025
Working capital
€394k▲ 1.4%
2024 · €389k
2018: €212k
2019: €218k
2020: €225k
2021: €274k
2022: €355k
2023: €362k
2024: €389k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€275k-€357k▲ 29.8%€363k▲ 1.8%€389k▲ 7.2%€395k▲ 1.4%
Operating result€54k-€45k▼ 16.5%€16k▼ 64.2%€34k▲ 109%€14k▼ 58.1%
Net result€46k-€82k▲ 77.1%€7k▼ 92.0%€26k▲ 300%€5k▼ 79.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €634k
Fixed assets
€1k ▲ 218%
Current assets
€632k ▼ 4.2%
Equity and liabilities €634k
Equity
€395k ▲ 1.4%
Debt
€239k ▼ 11.9%
Debt's share of the balance-sheet total falls from 41.1% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €34k
Cash flow
€6k▼
2024 · €26k
Current ratio
2.66▲
2024 · 2.43
Quick ratio
0.40▼
2024 · 0.59
Debt to equity
0.61▼
2024 · 0.70
ROE
1.4%▼
2024 · 6.7%
ROA
0.9%▼
2024 · 3.9%
Interest coverage
9.02▼
2024 · 19.37
Debt ≤ 1 year
€238k▼
2024 · €271k
Income taxes
€2k▼
2024 · €13k
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 · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€661k€634k▼
Fixed assets21/28€356€1k▲
Tangible fixed assets22/27€356€1k▲
Furniture and vehicles24€356€1k▲
Current assets29/58€660k€632k▼
Stocks and contracts in progress3€499k€538k▲
Stocks30/36€499k€538k▲
Amounts receivable within one year40/41€93k€66k▼
Trade receivables40€93k€64k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€69k€28k▼
Equity and liabilities
Total equity and liabilities10/49€661k€634k▼
Equity10/15€389k€395k▲
Contributions10/11€19k€19k=
Reserves13€371k€376k▲
Distributable reserves133€371k€376k▲
Amounts payable17/49€271k€239k▼
Amounts payable within one year42/48€271k€238k▼
Trade debts44€5k€19k▲
Suppliers440/4€5k€19k▲
Taxes, remuneration and social security45€21k€16k▼
Taxes450/3€21k€16k▼
Other amounts payable47/48€246k€202k▼
Accrued charges and deferred income492/3-€950
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€366€299▼
Other operating charges640/8€1k€588▼
Gross operating margin9900€35k€15k▼
Operating profit (loss)9901€34k€14k▼
Financial income75/76B€7k€620▼
Recurring financial income75€7k€620▼
Non-recurring financial income76B€7k€620▼
Financial charges65/66B€2k€8k▲
Recurring financial charges65€2k€2k▼
Non-recurring financial charges66B-€6k
Profit (loss) for the period before taxes9903€39k€7k▼
Income taxes67/77€13k€2k▼
Profit (loss) for the period9904€26k€5k▼
Profit (loss) for the period to be appropriated9905€26k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€5k▼
Transfer to equity691/2€26k€5k▼
To other reserves6921€26k€5k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Highest result since 2018net €82k ▲77.1%
Net result €82k, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 75 days late
2020
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2019
31-12
Financial
Weakest financial yearnet €4k ▼94.4%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 54 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Antwerpen · 1 establishment unit since 2014
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 532018 AntwerpenGround area
1,776 m²
Building footprint
2,191 m²
Volume, LiDAR
69,494 m³
Parcel 11808H1183/00Z002, Flanders · tallest building 48.3 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
Hoveniersstraat 53, 2018 Antwerpen
since 20142.226.020.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1183/00Z002 | Flanders | 1,776 m² | 1 · 2,191 m² | 48.3 m · 14 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
BELGEMS
BE 0898.235.539
Antwerpen · Eq €391k
L. FRAENKEL & SON
BE 0423.196.152
Antwerpen · Eq €399k
FREEDOM DIAMONDS
BE 0836.108.722
Antwerpen · Eq €385k
CENTERSTONE
BE 0450.343.680
Antwerpen · Eq €381k
AKHIL GEMS
BE 0450.493.041
Antwerpen · Eq €413k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 473 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.