Financials
- Financial year
- 2026
- Turnover
- USD 58.1m
- Profit
- USD 144,498
- Solvency
- 75.3%
Turnover
Net result
20212026
SHEETAL EUROPE
ActiveSummary
SHEETAL EUROPE has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of USD 26.4m and a net result of USD 144,498. Its solvency ranks better than 81% of 370 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Wholesale of diamonds and other precious stones
NACE 46861
1 site
Size
USD 58.1mturnover 2026
- Staff
- 1 FTE
- Equity
- USD 26.4m
- Profit
- USD 144,498
Structure
Auditor: Grant Thornton bedrijfsrevisoren2026 accounts 58 days early4 of 24 deeds summarised
Why 84raises risk1 change of registered office in 24 monthsLiquidity: current ratio 3.93, cash €258,233lowers riskSize: turnover €58.1m, 1 FTE, total assets €35.1mFounded in 2004Show the evidence
Checked score
Score 2026
84
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 46, micro)
Financial strength · tick = 2025
Average
Solvency
100=
equity 75.3% of total assets
Liquidity
42-9
short-term debt 24.7% · cash 0.7%
Profitability
31-13
return on assets 0.4%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.3%▲ +0.2 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.3%▼ -0.2 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.1 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.3%▼ -0.1 percentage points vs 09-2026
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, 40% on liquidity, 26% on profitability and 30% on growth.
The bankruptcy probability was computed on 30-10-2026 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 03-09-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
58 days early
2025
50 days early
2024
52 days early
2023
49 days early
2022
32 days early
2021
2 days early
2020
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 40 days before 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 (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 11 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-03-2027 year end31-10-2027 deadline
- Annual accounts filedfinancial year 2026 · full…
- Weakest financial yearnet €144,498 ▼87.8%
- Reappointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)Gazette deed
Key points
By topic
Board & ownership
- Auditor
- Grant Thornton bedrijfsrevisoren
Timeline
- Events
- 29
- Since
- 2006
- Next accounts
- by 31-10-2027
- 11-09-2025Annual accounts filed
- 02-05-2025Registered office
- 31-03-2025Liquidity more than doubled
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of diamonds and other precious stonesNACE 46861
- Founded
- 24-12-2004
- Year ends
- 31-03
- Peppol
- Reachable for e-invoices
Key facts about SHEETAL EUROPE
- What is the company number of SHEETAL EUROPE?
- 0870.784.539. In Belgium the VAT number is the company number with BE in front: BE 0870.784.539.
- Where is SHEETAL EUROPE based?
- The registered office is at Hoveniersstraat 30, 2018 Antwerpen.Company details
- What does SHEETAL EUROPE 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 SHEETAL EUROPE?
- Private limited company (BV).
- When was SHEETAL EUROPE founded?
- On 24-12-2004.
- Is SHEETAL EUROPE still active?
- Yes, SHEETAL EUROPE is an active enterprise in the KBO register.
- How many employees does SHEETAL EUROPE have?
- On average 1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- What is the turnover of SHEETAL EUROPE?
- USD 58.1m in financial year 2026, according to the filed annual accounts.
- Is SHEETAL EUROPE profitable?
- In financial year 2026, SHEETAL EUROPE made a profit of USD 144,498.
- Where can I find the annual accounts of SHEETAL EUROPE?
- SHEETAL EUROPE filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of SHEETAL EUROPE due?
- By 31-10-2027, for financial year 2027.Timeline
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