PIONEER DIAMONDS
The computed 12-month bankruptcy probability of PIONEER DIAMONDS is 0.6% (low). The 2025 annual accounts show equity of €153k and a net result of €-102k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 8% of 187 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €153k |
| Net result | €-102k |
| Staff (FTE) | 3.3 |
| Better than sector | 8% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 0.4% | 41.5% | |
| Net result | €-102k | €159k | |
| Equity | €153k | €1.10M | |
| Staff costs | €192k | €760k | |
| Employees (FTE) | 3.3 | 10.0 |
Show 13 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €46.60M |
| EBITDA | €2k |
| Net profit | €-102k |
| Cash flow | €-96k |
| Staff costs | €192k |
| Income taxes | €93k |
| Dividends | - |
| Total assets | €35.16M |
| Equity | €153k |
| Debt | €35.01M |
| of which ≤ 1y | €35.01M |
| of which > 1y | - |
| Working capital | €82k |
| Employees (FTE) | 3.3 |
| 2025 | |
|---|---|
| Current ratio | 1.00 |
| Quick ratio | 0.47 |
| Working capital ratio | 0.2% |
| Solvency | 0.4% |
| Debt / equity | 228.98 |
| Long-term debt ratio | - |
| Interest coverage | 0.22 |
| Gross margin | 1.5% |
| Net margin | -0.2% |
| ROA | -0.3% |
| ROE | -66.5% |
| EBITDA margin | 0.0% |
| Days sales outstanding | 129d |
| Days payable outstanding | 277d |
| Inventory turnover | 2.47 |
| Days inventory (DSI) | 148d |
Full annual accounts (24 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €35.16M |
| Fixed assets | 21/28 | €71k |
| Intangible fixed assets | 21 | €6k |
| Financial fixed assets | 28 | €65k |
| Current assets | 29/58 | €35.09M |
| Stocks & contracts in progress | 3 | €18.61M |
| Amounts receivable within one year | 40/41 | €16.44M |
| Cash & bank | 54/58 | €6k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €35.16M |
| Equity | 10/15 | €153k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2.88M |
| Accumulated profits (losses) | 14 | €-2.74M |
| Amounts payable | 17/49 | €35.01M |
| Amounts payable within one year | 42/48 | €35.01M |
| Trade debts payable within one year | 44 | €34.88M |
| Income statement | ||
| Turnover | 70 | €46.60M |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €7k |
| Result before taxes | 9903 | €-9k |
| Income taxes | 67/77 | €93k |
| Net result for the period | 9904 | €-102k |
| Result to be appropriated | 9905 | €-102k |
-
JAIN BharatDirectorState Gazette act 22315789 (08-03-2022)Current17-10-2018 → present
2 events
- 08-03-2022 Appointed· Director
- 17-10-2018 Appointed· Manager
-
JAIN AkashDirectorState Gazette act 22315789 (08-03-2022)Current22-03-2018 → present
4 events
- 28-05-2024 Resigned· Director
- 08-03-2022 Appointed· Director
- 30-06-2021 Appointed· Director
- 22-03-2018 Appointed· Manager
Former directors (1)
-
AGRAWAL SunilManagerState Gazette act 17146425 (17-10-2017)Former17-10-2017 → 22-03-2018
2 events
- 22-03-2018 Resigned· Manager
- 17-10-2017 Appointed· Manager
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Stefaan BeirensCurrent Statutory auditor |
- | 19-09-2023 → present |
| NACE primary | Groothandel in diamant en andere edelstenen(46861) |
| Legal form | Private limited company(610) |
| Incorporation | 12-02-2010 |
| Status | Active |
| Postal code | 2018 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00F008 | Flanders | 3,604 m² | 1 · 2,774 m² | 45.0 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-05-2024 Akash Jain resigns as director
- Akash Jain, Bestuurder
Technical details
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}19-09-2023 Stefaan Beirens appointed as statutory auditor
- Stefaan Beirens, Commissaris
Technical details
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}22-07-2022 Registered office moved within Antwerpen
- Lange Kievitstraat 14 bus 4 - 2018 Antwerpen → 2018 Antwerpen, Hoveniersstraat 2 bus 111
Technical details
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}12-05-2022 Registered office moved within Antwerpen
- Hoveniersstraat 2 bus 433, 2018 ANTWERPEN → 2018 Antwerpen, Lange Kievitstraat 14 bus 4
Technical details
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"act_meta": {
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},
"co_filed_documents": [
"L.uik B"
]
}08-03-2022 Articles of association amended
Technical details
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"changed": false
}
}30-06-2021 JAIN Akash appointed as director
- JAIN Akash, Bestuurder
Technical details
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}17-10-2018 Bharat JAIN appointed as manager
- Bharat JAIN, Zaakvoerder
Technical details
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}22-03-2018 1 director appointed, 1 resigning
- JAIN Akash, Zaakvoerder
- AGRAWAL Sunil, Zaakvoerder
Technical details
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}17-10-2017 AGRAWAL Sunil appointed as manager
- AGRAWAL Sunil, Zaakvoerder
Technical details
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}30-04-2015 Change in the board of directors
Technical details
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}23-12-2011 Articles of association amended
Technical details
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"subject_company": {
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"name_full": "KGK INTERNATIONAL"
},
"legal_form_change": {
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"old": "besloten vennootschap met beperkte aansprakelijkheid",
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}
}24-02-2010 Incorporation of a new BV
Technical details
{
"notary": {
"name": "Marc DENS",
"firm_city": null,
"firm_name": "Michel SMETS -- Marc DENS",
"office_city": "Antwerpen",
"is_associated": true
},
"act_meta": {
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"pub_date": "2010-02-24",
"filing_date": null,
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"is_private_deed": false
},
"decision": {
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"act_date": "2010-02-03",
"unanimous": true
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "JAIN Rajesh Kumar",
"niss": null,
"address": "2650 Edegem, Molenveld 47",
"nationality": null,
"place_of_birth": null
},
"share_class": null,
"partner_role": "null",
"contribution_type": "geld",
"amount_paid_in_eur": 18600.0,
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 18600.0,
"is_anonymous_silent_partner": false
}
],
"voorwerp": {
"full_text": "het bewerken en doen bewerken, de handel, de in-en uitvoer, het in consignatio geven en nemen, de vortegenwoordiging en de commissiehandel, van: ruwe en geslepen diamant, edelstenen, juwelen, edele metalen en alle aanverwante artikelen.\nhet beheer van een onroerend patrimonium. Dit omvat ondermeer het verhuren, verwerven, bouwen, uitrusten, verbouwen en vervreemden van alle onroerende goederen, doch alleen met het oog op beheer, opbrengst of wederbelegging, dus met uitzondering van de verrichtingen die verband houden met die welke door de zogenaamde vastgoedhandelaars worden uitgeoefend.\nDe vennootschap kan ook de opdracht van bestuurder of vertegenwoordiger van andere vennootschappen uitoefenen; deelname bij activiteiten van of samenwerking met andere vennootschappen kan geschieden door inschrijving of door overname van aandelen, inbreng, fusie, opslorping, of welke wijze dan ook.\nZij kan zich ten gunste van dezelfde vennootschappen borg stellen of hen aval verlenen, opteren als agent of vertegenwoordiger, voorschotten toestaan, kredieten verlenen, hypothecaire of andere zekerheden verstrekken.\nDe vennootschap mag in het kader van haar activiteit alle roerende en onroerende, financi\u00EBle, industri\u00EBle en commerci\u00EBle verrichtingen doen die rechtstreeks of onrechtstreeks met haar doel verband houden en van die aard zijn dat de verwezenlijking ervan te vergemakkelijken.",
"is_lucrative": true,
"short_summary": "Handel in diamanten, edelstenen, juwelen, edele metalen, beheer van onroerend goed en activiteiten in verband met andere vennootschappen."
},
"governance": {
"organ_kind": "enige_bestuurder",
"n_directors_max": 1,
"n_directors_min": 1,
"representation_clause": "enige bestuurder alleen",
"co_signature_threshold_eur": null
},
"fiscal_year": {
"end_mm_dd": "12-31",
"start_mm_dd": "01-01",
"first_exercise_end_date": "2010-12-31",
"is_prolonged_first_exercise": false
},
"agm_schedule": {
"time": "17:00",
"month": 6,
"rule_text": "drieentwintig juni te zeventien uu"
},
"founding_event": {
"n_shares_total": 100,
"n_share_classes": 1,
"bank_attestation": null,
"amount_paid_in_eur": 18600.0,
"incorporation_date": "2010-02-03",
"amount_subscribed_eur": 18600.0,
"art_5_8_no_payment_due": false,
"pre_incorporation_activity_from_date": null
},
"subject_company": {
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"region": "vlaams_gewest",
"website": null,
"name_full": "KGK INTERNATIONAL",
"legal_form": "BV",
"name_abbreviated": null,
"zetel_address_raw": "Hoveniersstraat 2 bus 433, 2018 Antwerpen",
"equity_account_type": "unavailable",
"_kbo_extracted_mismatch": "0010.029.101"
},
"initial_directors": [
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},
"via_org": null,
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"value": null
},
"rep_person_name": null,
"additional_roles": [],
"bestuursverbod_checked": false,
"bestuursverbod_check_date": null,
"rep_prior_publication_ref": null
}
],
"co_filed_documents": [
"expedition",
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],
"post_incorporation_mandates": [
{
"kind": "volmacht_kbo",
"holder_org_kbo": "0010.029.101",
"holder_org_name": "Panis, Hendrickx \u0026 C",
"with_substitution": true,
"holder_person_name": "DE WIT Soraya"
},
{
"kind": "volmacht_kbo",
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"holder_org_name": "Panis, Hendrickx \u0026 C",
"with_substitution": true,
"holder_person_name": "JOOSSEN Julie"
}
]
}| Legal nameNL | PIONEER DIAMONDS |