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SHAMAS

Active
Private limited companyfounded 1980active for 46 yearsHoveniersstraat 30, 2018 Antwerpen, BelgiumKBO/BCE: BE 0420.259.824

From the official registers: KBO 45 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

SHAMAS has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245,540 and a net result of €6,645. Equity has been shrinking by about 3.5% per year since 2018. Its solvency ranks better than 32% of 9,829 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 01-02-1980 Normal situation
Registered office
256 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
Wholesale of diamonds and other precious stones NACE 46861and 1 other
Establishment unit
2.018.525.953 2018 Antwerpen, since 12-03-1981
Financial year end
31 December
Peppol
Reachable since 06-10-2025

Board and ownership

Board
  • Sahny AnujDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€15,145
▼ 82.5%
Turnover
≈ €180,000
estimated
Profit
€6,645
▼ 88.9%
Equity
€245,540
▲ 2.8%
Total assets
€950,216
▼ 3.7%
Staff
≈ 0 FTE
estimated
Filed on 21-08-2026, 21 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.34, cash €7,666lowers riskSize: total assets €950,216Figures for financial year 2025 (filed on 24-08-2026)Founded in 1980Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 34% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 51+2
equity 25.8% of total assets
Liquidity 11+1
short-term debt 74.2% · cash 0.8%
Profitability 50-26
return on assets 0.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.5%▲ +0.1 percentage points vs 05-2025 07-2025: 1.8%▲ +0.3 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -1.7 percentage points vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 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: 0.7%▲ +0.5 percentage points vs 07-2026 09-2026: 0.2%▼ -0.5 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.34 (1.31 in 2024), below the usual 1.5. Short-term debt is 74.2% and cash 0.8% of total assets. 74.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 36% of them on solvency, 12% on liquidity, 39% on profitability and 50% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €950,216
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.34, cash €7,666
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-08-2026)
NBB · annual accounts
lowers risk · Founded in 1980
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €245,540
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
23 days early
2023
35 days early
2022
20 days early
2021
73 days late
2020
53 days late
2019
42 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €59,725 to €6,645 ▼ 88.9% View

Comparable companies

These companies have the same main activity as SHAMAS: wholesale of diamonds and other precious stones (NACE 46861). They are comparable in size and age: total assets between €448,000 and €1.6m, founded between 1984 and 1991.

CompanyTotal assetsGross margin
SHAMAS Antwerpen€1.0m€0.02m
SZLEZYNGER-RIEGELHAUPT Antwerpen€1.2m€0.01m
DAYEKH GEMS Antwerpen€0.8m€0.02m
SREDIAM Antwerpen€1.6m€0.01m
PINK STAR Antwerpen€1.2m€0.03m
ANNA GEMS Antwerpen€0.4m€0.01m
VARUNDIAM Antwerpen€1.6m€0.03m
Full comparison

Documents

Annual accounts at the NBB

All 45 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SHAMAS

What is the company number of SHAMAS?
The company number of SHAMAS is 0420.259.824. The VAT number is the same number with BE in front: BE 0420.259.824.
Where is SHAMAS based?
The registered office is at Hoveniersstraat 30, 2018 Antwerpen.Company details
What does SHAMAS do?
According to the KBO register, the main activity is wholesale of diamonds and other precious stones (NACE 46861).
What is the legal form of SHAMAS?
The legal form of SHAMAS is Private limited company (BV).
When was SHAMAS founded?
SHAMAS was founded on 01-02-1980.
Is SHAMAS still active?
Yes, SHAMAS is an active enterprise in the KBO register.
How many employees does SHAMAS have?
SHAMAS had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of SHAMAS?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €15,145 and 131 comparable companies (NACE 46). It probably lies between €72,000 and €420,000. It is a rough estimate. In financial year 2018 turnover was €2.4m.
Is SHAMAS profitable?
In financial year 2025, SHAMAS made a profit of €6,645.
Where can I find the annual accounts of SHAMAS?
SHAMAS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of SHAMAS due?
SHAMAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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