SANDGEMS
ActiveSANDGEMS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €513k and a net result of €23k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▼-28
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 6.75 against 5.26 in 2024; short-term debt: 14.6% and cash: 50.7% of total assets), and 14.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · 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
85.4%
Return on assets
3.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
32 d early
2023
25 d early
2022
19 d early
2021
34 d early
2020
23 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€513k▲ 4.7%
2024 · €490k
2019: €198k
2020: €230k
2021: €249k
2022: €359k
2023: €395k
2024: €490k
2019 → 2025
Total assets
€601k▼ 0.5%
2024 · €604k
2019: €248k
2020: €335k
2021: €356k
2022: €479k
2023: €466k
2024: €604k
2019 → 2025
Net result
€23k▼ 75.8%
2024 · €95k
2019: €32k
2020: €31k
2021: €19k
2022: €111k
2023: €36k
2024: €95k
2019 → 2025
Working capital
€504k▲ 3.9%
2024 · €485k
2019: €187k
2020: €220k
2021: €241k
2022: €353k
2023: €390k
2024: €485k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€249k-€359k▲ 44.5%€395k▲ 10.1%€490k▲ 23.9%€513k▲ 4.7%
Operating result€36k-€159k▲ 337%€56k▼ 65.0%€131k▲ 135%€37k▼ 71.7%
Net result€19k-€111k▲ 495%€36k▼ 67.1%€95k▲ 160%€23k▼ 75.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €601k
Fixed assets
€9k▲ 75.9%
Current assets
€591k▼ 1.2%
Equity and liabilities €601k
Equity
€513k▲ 4.7%
Debt
€88k▼ 22.9%
The debt ratio falls from 18.8% to 14.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €131k
Cash flow
€24k▼
2024 · €95k
Solvency
85.4%▲
2024 · 81.2%
Current ratio
6.75▲
2024 · 5.26
Quick ratio
4.45▲
2024 · 3.19
Debt / equity
0.17▼
2024 · 0.23
ROE
4.5%▼
2024 · 19.3%
ROA
3.8%▼
2024 · 15.7%
Interest coverage
4.34▼
2024 · 30.32
Debt
€88k▼
2024 · €114k
Debt ≤ 1 year
€88k▼
2024 · €114k
Income taxes
€10k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€604k€601k▼
Fixed assets21/28€5k€9k▲
Tangible fixed assets22/27€2k€6k▲
Plant, machinery and equipment23€142€106▼
Furniture and vehicles24€2k€6k▲
Financial fixed assets28€3k€3k=
Current assets29/58€599k€591k▼
Stocks and contracts in progress3€236k€202k▼
Stocks30/36€236k€202k▼
Amounts receivable within one year40/41€50k€65k▲
Trade receivables40€50k€55k▲
Other amounts receivable41-€10k
Current investments50/53-€20k
Cash at bank and in hand54/58€313k€305k▼
Equity and liabilities
Total equity and liabilities10/49€604k€601k▼
Equity10/15€490k€513k▲
Contributions10/11€19k€19k=
Reserves13€471k€494k▲
Distributable reserves133€471k€494k▲
Amounts payable17/49€114k€88k▼
Amounts payable within one year42/48€114k€88k▼
Trade debts44€83k€82k▼
Suppliers440/4€83k€82k▼
Taxes, remuneration and social security45€30k€3k▼
Taxes450/3€28k€2k▼
Remuneration and social security454/9€2k€129▼
Other amounts payable47/48€476€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€463€581▲
Other operating charges640/8€453€118▼
Gross operating margin9900€132k€38k▼
Operating profit (loss)9901€131k€37k▼
Financial income75/76B€8k€4k▼
Recurring financial income75€8k€4k▼
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€134k€32k▼
Income taxes67/77€40k€10k▼
Profit (loss) for the period9904€95k€23k▼
Profit (loss) for the period to be appropriated9905€95k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€23k▼
Transfer to equity691/2€95k€23k▼
To other reserves6921€95k€23k▼
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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €500kEq €513k ▲4.7%
7 profitable years in a row build equity to €513k.
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €111k ▲495%
Operating result €159k, net result €111k, both a record.
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €19k ▼40.9%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €200kEq €230k ▲15.9%
2 profitable years in a row build equity to €230k.
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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 1994
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.
Schupstraat 9-112018 AntwerpenGround area
3,380 m²
Building footprint
2,872 m²
Volume, LiDAR
47,320 m³
Parcel 11808H1176/00Y017, Flanders · tallest building 44.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SAND GEMS
since 19942.066.017.549
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1176/00Y017 | Flanders | 3,380 m² | 1 · 2,872 m² | 44.2 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500ONN5Q7FBB52T40
Similar companies · same sector, comparable size
DEEPDIAM
BE 0824.294.914
Antwerpen · Eq €512k
DIAMASTER
BE 0862.697.511
Antwerpen · Eq €511k
S.G.I.
BE 0751.988.639
Antwerpen · Eq €510k
FIRST ELEMENT
BE 0534.592.437
Antwerpen · Eq €517k
HARDWILL DIAMONDS
BE 0447.257.496
Antwerpen · Eq €506k
Of 1,231 companies in sector 46861 we hold annual accounts for 679. 478 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1994
Fiscal year end31-03
Activities, NACEBEL
46861Wholesale of diamonds and other precious stones
51561
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.