Skip to content

SWADIP GEMS

Active
Private limited companyfounded 1985active for 41 yearsHoveniersstraat 2, 2018 Antwerpen, BelgiumKBO/BCE: BE 0427.397.836
Summary

SWADIP GEMS has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €825,393 and a net result of -€159,065. Equity has been shrinking by about 19% per year since 2018. Its solvency ranks better than 41% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 20-06-1985 Normal situation
Registered office
206 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Wholesale of diamonds and other precious stones NACE 46861
Establishment unit
2.027.296.040 2018 Antwerpen, since 01-07-1985
Financial year end
31 December
Peppol
Reachable since 02-10-2025

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€144,940
▼ 56.8%
Loss
€159,065
▲ 43.6%
Equity
€825,393
▼ 16.2%
Total assets
€2.8m
▼ 59.6%
Staff
≈ 0 FTE
estimated
  • 2025 accounts filed 19 days after the deadline
Score breakdownraises riskLast filed accounts filed 19 days late; 2 of the last 3 accounts lateLoss of €159,065, the second in a row (financial year 2025)lowers riskSize: total assets €2.8mFounded in 1985Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 22% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 54+15
equity 29.0% of total assets
Liquidity 34+23
short-term debt 40.2% · cash 2.0%
Profitability 12-5
return on assets -5.6%
Bankruptcy probability within 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).

Sector median 0.2% (4,374 companies, NACE 46, small)
Last 24 months 12-2024: 2.0% 01-2025: 2.0%● unchanged vs 12-2024 02-2025: 2.0%● unchanged vs 01-2025 03-2025: 2.0%● unchanged vs 02-2025 04-2025: 1.9%▼ -0.1 percentage points vs 03-2025 05-2025: 1.9%● unchanged vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.2 percentage points vs 06-2025 08-2025: 2.6%▲ +0.5 percentage points vs 07-2025 09-2025: 2.6%● unchanged vs 08-2025 10-2025: 3.1%▲ +0.5 percentage points vs 09-2025highest value 11-2025: 0.7%▼ -2.4 percentage points vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.8%▲ +0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.6 percentage points vs 07-2026 09-2026: 0.3%▼ -1.1 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.4 (1.37 in 2024), above the usual 1.5. Short-term debt is 40.2% and cash 2% of total assets. However, 71% 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, small). It does better than 34% of them on solvency, 35% on liquidity, 8% on profitability and 13% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 19 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Loss of €159,065, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €2.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€159,065
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
19 days late
2024
61 days late
2023
55 days late
2022
9 days late
2021
164 days late
2020
121 days late
2019
105 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 76 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 25 September (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€159,065 View
  • Caution: Lower net result than 95% of companies in wholesale tradesector median €5,660 · 13,747 companies -€159,065 View

Recent changes

  1. · Gazette deed Appointment: SHAH Rajesh Kantilal (director)
  2. · Gazette deed Reappointment: Figurad Bedrijfsrevisoren (statutory auditor)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SWADIP GEMS: wholesale of diamonds and other precious stones (NACE 46861). They are comparable in size and age: total assets between €2.2m and €3.4m, founded between 1983 and 1988.

CompanyTotal assetsGross margin
SWADIP GEMS Antwerpen€2.8m-€0.1m
SUR JEWEL Antwerpen€2.5m-€139
EURASIA GEMS Antwerpen€3.3m-€0.02m
MANES DIAMONDS Antwerpen€2.6m-€0.1m
W. INTERCONTINENTAL Antwerpen€3.4m-€0.6m
DIAGEM Antwerpen€2.2m-€0.3m
KORN ENTERPRISES Antwerpen€2.2m-€0.2m
Full comparison

Key facts about SWADIP GEMS

What is the company number of SWADIP GEMS?
The company number of SWADIP GEMS is 0427.397.836. The VAT number is the same number with BE in front: BE 0427.397.836.
Where is SWADIP GEMS based?
The registered office is at Hoveniersstraat 2, 2018 Antwerpen.Company details
What does SWADIP 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 SWADIP GEMS?
The legal form of SWADIP GEMS is Private limited company (BV).
When was SWADIP GEMS founded?
SWADIP GEMS was founded on 20-06-1985.
Is SWADIP GEMS still active?
Yes, SWADIP GEMS is an active enterprise in the KBO register.
How many employees does SWADIP GEMS have?
SWADIP GEMS had an average of 0.3 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of SWADIP GEMS?
The annual accounts for financial year 2025 state no turnover. In financial year 2021 turnover was €6.9m.
Is SWADIP GEMS profitable?
In financial year 2025, SWADIP GEMS made a loss of €159,065.
Where can I find the annual accounts of SWADIP GEMS?
SWADIP GEMS filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SWADIP GEMS due?
SWADIP GEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.