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ORIGINAL DIAMONDS

Active
Private limited companyfounded 2016active for 10 yearsHoveniersstraat 30, 2018 Antwerpen, Belgium256 active companies are registered at this addressKBO/BCE: BE 0647.759.664
Summary

ORIGINAL DIAMONDS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of USD 6.9m and a net result of USD 782,050. Its solvency ranks better than 87% of 6,069 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Wholesale of diamonds and other precious stones
NACE 46861
1 site
Size
USD 42.0mturnover 2024
Staff
0.5 FTE
Equity
USD 6.9m
Profit
USD 782,050
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 77 days overdue2 of 11 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 30-07-2025)Liquidity: current ratio 4.89, cash €159,568, halvedlowers riskEquity €6.9m (79.5% of total assets)Size: turnover €42.0m, 0.5 FTE, total assets €8.7mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 61% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 100+35
equity 79.5% of total assets
Liquidity 46+24
short-term debt 20.4% · cash 1.8%
Profitability 63+10
return on assets 9.0%
Bankruptcy probability, 12 months
1.0% 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% (26,871 companies, NACE 46, micro)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.6%▼ -0.1 percentage points vs 01-2025 03-2025: 0.7%▲ +0.1 percentage points vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.7 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026 09-2026: 0.5%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.5 percentage points vs 09-2026highest value
No euro credit limit; credit only on tighter terms
Liquidity ample (current ratio 4.89, compared with 1.66 in 2023, above the usual 1.5; short-term debt: 20.4% and cash: 1.8% of total assets), and 20.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 90% on solvency, 45% on liquidity, 46% on profitability and 64% on growth.

The bankruptcy probability was computed on 15-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 30-07-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.89, cash €159,568, halved
NBB · annual accounts
lowers risk · Equity €6.9m (79.5% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €42.0m, 0.5 FTE, total assets €8.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year

The currencies are not comparable, so no shared scale is shown.

2018: €1.7m
2019: €1.2m
2020: €3.0m
2021: €4.7m
2022: €5.8m
2023: USD 6.1m
2024: USD 6.9m
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 77 days later.
NBB · 9 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
not filed
2024
1 day early
2023
28 days late
2022
10 days late
2021
31 days late
2020
142 days late
2019
182 days 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 65 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Debs Jihad (director)Appointment: Tejoiani Konstantine (director) ·…
  2. Resignations: Essalli Hassan (director) and Essall…Appointment: Debs Jihad (director) ·…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Positive: Back in profit in 2024after -USD 6,022 in 2023 USD 782,050 View
  • Caution: Board changedlatest change 22-04-2026 · 1 in office 1 joined · 2 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Positive: Among the best 13% on solvencysector median 42.0% · 6,069 companies 79.5% View

By topic

Financials

Financial year
2024
Turnover
USD 42.0m
Profit
USD 782,050
Solvency
79.5%
Turnover▲ 3.9%
Net result
20182024
Go to Financials

Timeline

Events
18
Since
2017
  1. 31-12-2024Back to profit
  2. 31-12-2024Liquidity more than doubled
  3. 28-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of diamonds and other precious stonesNACE 46861
Founded
01-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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