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Shivani Gems

Active
Public limited companyfounded 1982active for 44 yearsSchupstraat 1/7, 2018 Antwerpen, Belgium70 active companies are registered at this addressKBO/BCE: BE 0422.531.406
Summary

Shivani Gems has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15.5m and a net result of €45,982. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 61% of 6,064 sector peers (NACE 46, financial year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

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Shivani GemsActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of diamonds and other precious stones
NACE 46861Wholesale trade NACE 46480
1 site
Size
€49.0mturnover 2024
Staff
1.3 FTE
Equity
€15.5m
Profit
€45,982
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.2%
Structure
Auditor: Grant Thornton bedrijfsrevisoren2025 accounts not filed, 86 days past the deadline4 of 20 deeds summarised
Why 54raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 09-02-2026)1 financial year not filed after the legal deadline; last filed accounts filed 183 days late; 2 of the last 3 lateLiquidity: current ratio 2.05, cash €111,859, halvedlowers riskFounded in 1982Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 35% of its sector peers (NACE 46, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 77-6
equity 51.8% of total assets
Liquidity 27-5
short-term debt 48.2% · cash 0.4%
Profitability 28-8
return on assets 0.2%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,883 companies, NACE 46, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025lowest value 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.6%▲ +0.2 percentage points vs 09-2025 11-2025: 0.7%▲ +0.1 percentage points vs 10-2025 12-2025: 0.9%▲ +0.2 percentage points vs 11-2025 01-2026: 2.2%▲ +1.3 percentage points vs 12-2025highest value 02-2026: 2.2%● unchanged vs 01-2026highest value 03-2026: 0.4%▼ -1.8 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.8%▲ +0.4 percentage points vs 07-2026 09-2026: 0.9%▲ +0.1 percentage points vs 08-2026 10-2026: 1.2%▲ +0.3 percentage points vs 09-2026
Credit of up to €800,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.05, compared with 2.35 in 2023, above the usual 1.5; short-term debt: 48.2% and cash: 0.4% of total assets), and 48.2% of the assets are financed with debt and provisions.
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 59% on solvency, 24% on liquidity, 25% on profitability and 33% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 09-02-2026)
NBB · annual accounts
lowers risk · Founded in 1982
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 183 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 2.05, cash €111,859, halved
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
raises risk · 2024 accounts filed 183 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-01-2026, 183 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
183 days late
2023
57 days late
2022
21 days early
2021
107 days late
2020
117 days late
2019
115 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 93 days after 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 (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Resignation: Geyskens David (director)Gazette deed
  3. Weakest financial yearnet €45,982 ▼51%

Key points

  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Positive: Among the best 11% on equitysector median €1.3m · 6,065 companies €15.5m View
  • Positive: 5 profitable years in a rowprofit 2024: €45,982 5 years View

By topic

Financials

Financial year
2024
Turnover
€49.0m
Profit
€45,982
Solvency
51.8%
Turnover▼ 18.5%
Net result
20202024
Go to Financials

Board & ownership

Board
3 members
Auditor
Grant Thornton bedrijfsrevisoren
  • Shah Sejal BharatDirector
  • Shah ShailDirector
  • Shah ShitalDirector
Go to Board & ownership

Timeline

Events
49
Since
1983
  1. 21-11-2024Reappointment: Grant Thornton Bedrijfsrevisoren (statutory auditor)
  2. 11-10-2024Appointment: David Geyskens (director)
  3. 26-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of diamonds and other precious stonesNACE 46861
Founded
22-01-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Shivani Gems

What is the company number of Shivani Gems?
0422.531.406. In Belgium the VAT number is the company number with BE in front: BE 0422.531.406.
Where is Shivani Gems based?
The registered office is at Schupstraat 1/7, 2018 Antwerpen.Company details
What does Shivani Gems 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 Shivani Gems?
Public limited company (NV).
When was Shivani Gems founded?
On 22-01-1982.
Is Shivani Gems still active?
Yes, Shivani Gems is an active enterprise in the KBO register.
How many employees does Shivani Gems have?
On average 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Shivani Gems?
€49.0m in financial year 2024, according to the filed annual accounts.
Is Shivani Gems profitable?
In financial year 2024, Shivani Gems made a profit of €45,982.
Where can I find the annual accounts of Shivani Gems?
Shivani Gems filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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