ZAIDAN GEMS
ActiveThe annual accounts of ZAIDAN GEMS for fiscal year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €210k and a net result of €-645k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 16% of 7931 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
31
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33▼-37
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.89 against 1.61 in 2024; short-term debt: 91.7% and cash: 0.3% of total assets), and 91.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-645k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7931 sector peers (2025).
NBB · sector comparisonPosition among 7931 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
40 d late
2024
8 d early
2023
1 d early
2022
31 d late
2021
23 d late
2020
23 d late
2019
46 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€210k▼ 75.5%
2024 · €854k
2018: €714k
2019: €936k
2020: €1.05M
2021: €1.14M
2022: €1.38M
2023: €1.34M
2024: €854k
2018 → 2025
Total assets
€2.51M▲ 32.6%
2024 · €1.89M
2018: €4.52M
2019: €2.78M
2020: €2.58M
2021: €2.00M
2022: €2.13M
2023: €1.60M
2024: €1.89M
2018 → 2025
Net result
€-645k▼ 33.4%
2024 · €-483k
2018: €80k
2019: €222k
2020: €126k
2021: €93k
2022: €237k
2023: €-31k
2024: €-483k
2018 → 2025
Working capital
€-257k
2024 · €532k
2018: €441k
2019: €643k
2020: €754k
2021: €865k
2022: €1.08M
2023: €1.05M
2024: €532k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.38M▲ 20.7%€1.34M▼ 3.1%€854k▼ 36.1%€210k▼ 75.5%
Operating result€121k-€224k▲ 85.9%€3k▼ 98.5%€-418k€-698k▼ 67.0%
Net result€93k-€237k▲ 156%€-31k€-483k▼ 1,460%€-645k▼ 33.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €698k in 2025 against €418k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.51M
Fixed assets
€466k▼ 4.9%
Current assets
€2.04M▲ 45.8%
Equity and liabilities €2.51M
Equity
€210k▼ 75.5%
Debt
€2.30M▲ 122%
The debt ratio rises from 54.9% to 91.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-671k▼
2024 · €-392k
Cash flow
€-618k▼
2024 · €-457k
Solvency
8.3%▼
2024 · 45.1%
Current ratio
0.89▼
2024 · 1.61
Quick ratio
0.04▼
2024 · 0.04
Debt / equity
10.98▲
2024 · 1.22
ROE
-307.6%▼
2024 · -56.6%
ROA
-25.7%▼
2024 · -25.5%
Interest coverage
-9.03▼
2024 · -4.77
Debt
€2.30M▲
2024 · €1.04M
Debt ≤ 1 year
€2.30M▲
2024 · €869k
Income taxes
€8k▲
2024 · €4k
Staff costs
€7k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.89M€2.51M▲
Fixed assets21/28€490k€466k▼
Tangible fixed assets22/27€490k€466k▼
Land and buildings22€490k€464k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€138€2k▲
Financial fixed assets28€450€200▼
Current assets29/58€1.40M€2.04M▲
Stocks and contracts in progress3€1.36M€1.94M▲
Stocks30/36€1.36M€1.94M▲
Amounts receivable within one year40/41€35k€93k▲
Trade receivables40€2k€65k▲
Other amounts receivable41€32k€28k▼
Cash at bank and in hand54/58€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.89M€2.51M▲
Equity10/15€854k€210k▼
Contributions10/11€22k€22k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€830k€185k▼
Amounts payable17/49€1.04M€2.30M▲
Amounts payable after more than one year17€169k-
Financial debts170/4€169k-
Amounts payable within one year42/48€869k€2.30M▲
Current portion of amounts payable after more than one year42€30k€138k▲
Financial debts43€198-
Credit institutions430/8€198-
Trade debts44€817k€2.09M▲
Suppliers440/4€817k€2.09M▲
Taxes, remuneration and social security45€22k€34k▲
Taxes450/3€18k€26k▲
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48-€41k
Income statement
Code20242025
Remuneration, social security and pensions62€24k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€27k▲
Other operating charges640/8€8k€1k▼
Gross operating margin9900€-360k€-663k▼
Operating profit (loss)9901€-418k€-698k▼
Financial income75/76B€21k€135k▲
Recurring financial income75€21k€135k▲
Financial charges65/66B€82k€74k▼
Recurring financial charges65€82k€74k▼
Profit (loss) for the period before taxes9903€-479k€-637k▼
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€-483k€-645k▼
Profit (loss) for the period to be appropriated9905€-483k€-645k▼
Appropriation of the result
Profit (loss) to be appropriated9906€830k€185k▼
Profit (loss) brought forward from the previous period14P€1.31M€830k▼
Social balance
Average headcount (FTE)90870.50.3▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
31-12
Financial
Weakest financial yearnet €-645k
Net result drops to €-645k, the lowest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 5current ratio 16.73
Current ratio from 3.06 to 16.73; short-term debt falls from €525k to €67k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €237k ▲156%
Net result €237k, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
31-12
Financial
Equity above €1MEq €1.05M ▲12.2%
3 profitable years in a row build equity to €1.05M.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2011
Ground area
3,046 m²
Building footprint
2,904 m²
Volume, LiDAR
74,659 m³
Parcel 11808H1178/00S008, Flanders · tallest building 46.0 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Zaidan Gems
since 20112.204.843.256
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1178/00S008 | Flanders | 3,046 m² | 1 · 2,904 m² | 46.0 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SILVERDIMON
BE 0428.516.504
Antwerpen · Eq €210k
J.S. STATUS DIAMONDS
BE 0896.112.823
Antwerpen · Eq €213k
Alga Diamond
BE 0411.531.111
Antwerpen · Eq €206k
NATURAL INDUSTRIAL DIAMONDS
BE 0463.903.983
Antwerpen · Eq €204k
DIAMOND TRADERS ANTWERP
BE 0424.609.085
Antwerpen · Eq €216k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 426 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-2011
Fiscal year end31-12
Activities, NACEBEL
46861Wholesale of diamonds and other precious stones
32121Other manufacturing
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.