SAVANI GEMS
The computed 12-month bankruptcy probability of SAVANI GEMS is 0.6% (low). The 2023 annual accounts show equity of €7.20M and a net result of €2.03M. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 74% of 900 sector peers (fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7.20M |
| Net result | €2.03M |
| Better than sector | 74% |
| Active | 21 yrs |
Exceptional profile, strong across almost every axis.
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 | 52.9% | 26.3% | |
| Net result | €2.03M | €23k | |
| Equity | €7.20M | €148k | |
| Gross operating margin | €2.03M | €178k | |
| Total assets | €13.61M | €889k |
Show 10 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €2.03M |
| Net profit | €2.03M |
| Cash flow | €2.06M |
| Staff costs | - |
| Income taxes | €24k |
| Dividends | - |
| Total assets | €13.61M |
| Equity | €7.20M |
| Debt | €6.41M |
| of which ≤ 1y | €3.78M |
| of which > 1y | €2.62M |
| Working capital | €8.85M |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 3.34 |
| Quick ratio | 1.03 |
| Working capital ratio | 65.0% |
| Solvency | 52.9% |
| Debt / equity | 0.89 |
| Long-term debt ratio | 0.36 |
| Interest coverage | 0.88 |
| Gross margin | - |
| Net margin | - |
| ROA | 14.9% |
| ROE | 28.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13.61M |
| Fixed assets | 21/28 | €976k |
| Tangible fixed assets | 22/27 | €974k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €12.63M |
| Stocks & contracts in progress | 3 | €8.76M |
| Amounts receivable within one year | 40/41 | €3.28M |
| Cash & bank | 54/58 | €101k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13.61M |
| Equity | 10/15 | €7.20M |
| Contributions / capital | 10/11 | €1.50M |
| Reserves | 13 | €5.70M |
| Amounts payable | 17/49 | €6.41M |
| Amounts payable after one year | 17 | €2.62M |
| Amounts payable within one year | 42/48 | €3.78M |
| Trade debts payable within one year | 44 | €3.29M |
| Income statement | ||
| Gross operating margin | 9900 | €2.03M |
| Operating result | 9901 | €2.00M |
| Financial income | 75 | €2.37M |
| Financial charges | 65 | €2.32M |
| Result before taxes | 9903 | €2.05M |
| Income taxes | 67/77 | €24k |
| Net result for the period | 9904 | €2.03M |
| Result to be appropriated | 9905 | €2.03M |
-
Jeetendra JainDirectorState Gazette act 23053407 (19-04-2023)Current01-01-2023 → present
2 events
- 01-01-2023 Appointed· Director
- 01-01-2023 Appointed· Daily management
-
Piyushkumar RavalDirectorState Gazette act 23053407 (19-04-2023)Current30-09-2022 → present
2 events
- 30-09-2022 Appointed· Director
- 30-09-2022 Appointed· Daily management
| NACE primary | Groothandel in diamant en andere edelstenen(46861) |
| Legal form | Private limited company(610) |
| Incorporation | 30-11-2004 |
| 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. |
|---|---|---|---|---|
| 11808H1182/00X017 | Flanders | 49 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-04-2023 4 directors appointed
- Piyushkumar Raval, Bestuurder
- Jeetendra Jain, Bestuurder
- Piyushkumar Raval, Dagelijks bestuur
- Jeetendra Jain, Dagelijks bestuur
Technical details
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}| Legal nameNL | SAVANI GEMS |