What does SORADIAM do?

SORADIAM is a wholesaler in Antwerpen. Public Limited, started on 16 December 1977, 1 establishment.

What is the address of SORADIAM?

The registered office of SORADIAM is located at Hoveniersstraat 2 box 223 k 448, 2018 Antwerpen.

Is SORADIAM still active?

Yes. According to the CBE (31 October 2026) SORADIAM is active, legal situation “Normale toestand”, started on 16 December 1977.

Is SORADIAM registered on Peppol?

Yes, SORADIAM is registered on the Peppol network with ID 0208:0417844821.

What is the enterprise number of SORADIAM?

The enterprise number of SORADIAM is BE0417844821.

When was SORADIAM founded?

SORADIAM was founded on 16 December 1977.

Who are the directors of SORADIAM?

According to the 2025 annual accounts, the directors of SORADIAM are: Shehul ZAVERI, Sivani Kumarpal SHAH.

Is SORADIAM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 December 1977; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did SORADIAM make in 2025?

SORADIAM recorded a loss after taxes of € 1,842,303 in financial year 2025.

What is the revenue of SORADIAM?

In its most recent annual accounts (2025), SORADIAM reported revenue of € 10,580,409.

How much does an employee at SORADIAM earn?

The average wage cost per full-time employee at SORADIAM was € 87,600 in 2025: staff costs of € 87,646 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does SORADIAM have?

According to the 2025 annual accounts, SORADIAM has 1 full-time equivalents (FTE).

Does SORADIAM have a website?

Yes, SORADIAM has a website at soradiam.com.

SORADIAM (Public Limited) - Antwerpen - BE0417844821

Dossier SORADIAM, printed on 1 November 2026 from databakkes.be/en/0417844821/soradiam. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Shrinking team NBB

FTE fell two years in a row, from 1.3 to 1.

Financials

Financial year 2025

SORADIAM from Antwerpen, company number BE0417844821, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year SORADIAM recorded revenue of € 10.6 million and equity of € 12.2 million. Compared with financial year 2024, the result moved from € -408,267 to € -1.8 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.

What it is worth Healthy

€ 12.2 million

▼ 13% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.8 million

▼ 351 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.5 million

▲ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 6.2 million.

People and assets in 2025

Full-time equivalents

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 286,008 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 87,646

▼ 3% vs 2024

€ 87,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

€ 2.9 million

▼ 17% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 481,808

▲ € 472,625 vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.

Wages and social charges

€ 10,967

▼ 81% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 71,385,442 Revenue 2022: € 71,385,442 First fiscal year in the series	€ 48,211,934 Revenue 2023: € 48,211,934 ▼ 32% vs 2022 (€ 71,385,442) Unfavourable step	€ 23,468,944 Revenue 2024: € 23,468,944 ▼ 51% vs 2023 (€ 48,211,934) Unfavourable step	€ 10,580,409 Revenue 2025: € 10,580,409 ▼ 55% vs 2024 (€ 23,468,944) Unfavourable step	▼ 55%
Profit after taxes	€ 1,433,623 Profit after taxes 2022: € 1,433,623 First fiscal year in the series	€ 223,561 Profit after taxes 2023: € 223,561 ▼ 84% vs 2022 (€ 1,433,623) Unfavourable step	€ -408,267 Profit after taxes 2024: € -408,267 ▼ € 631,828 vs 2023 (€ 223,561) Unfavourable step	€ -1,842,303 Profit after taxes 2025: € -1,842,303 ▼ € 1.4 million vs 2024 (€ -408,267) Unfavourable step	▼ € 1.4 million
Equity	€ 14,269,358 Equity 2022: € 14,269,358 First fiscal year in the series	€ 14,492,919 Equity 2023: € 14,492,919 ▲ 2% vs 2022 (€ 14,269,358) Favourable step	€ 14,084,652 Equity 2024: € 14,084,652 ▼ 3% vs 2023 (€ 14,492,919) Unfavourable step	€ 12,242,349 Equity 2025: € 12,242,349 ▼ 13% vs 2024 (€ 14,084,652) Unfavourable step	▼ 13%
Total debts	€ 9,936,970 Total debts 2022: € 9,936,970 First fiscal year in the series	€ 6,118,369 Total debts 2023: € 6,118,369 ▼ 38% vs 2022 (€ 9,936,970) Favourable step	€ 3,809,215 Total debts 2024: € 3,809,215 ▼ 38% vs 2023 (€ 6,118,369) Favourable step	€ 3,797,203 Total debts 2025: € 3,797,203 Unchanged (€ 3,809,215) Favourable step
Cash	€ 326,180 Cash 2022: € 326,180 First fiscal year in the series	€ 44,568 Cash 2023: € 44,568 ▼ 86% vs 2022 (€ 326,180) Unfavourable step	€ 2,141,459 Cash 2024: € 2,141,459 ▲ € 2.1 million vs 2023 (€ 44,568) Favourable step	€ 3,499,593 Cash 2025: € 3,499,593 ▲ 63% vs 2024 (€ 2,141,459) Favourable step	▲ 63%
Land & buildings	€ 623,419 Land & buildings 2022: € 623,419 First fiscal year in the series	€ 614,495 Land & buildings 2023: € 614,495 ▼ 1% vs 2022 (€ 623,419) Unchanged	€ 595,056 Land & buildings 2024: € 595,056 ▼ 3% vs 2023 (€ 614,495) Unchanged	€ 563,745 Land & buildings 2025: € 563,745 ▼ 5% vs 2024 (€ 595,056) Unchanged	▼ 5%
Retained profit	€ 8,229,358 Retained profit 2022: € 8,229,358 First fiscal year in the series	€ 8,452,919 Retained profit 2023: € 8,452,919 ▲ 3% vs 2022 (€ 8,229,358) Favourable step	€ 8,044,652 Retained profit 2024: € 8,044,652 ▼ 5% vs 2023 (€ 8,452,919) Unfavourable step	€ 6,202,349 Retained profit 2025: € 6,202,349 ▼ 23% vs 2024 (€ 8,044,652) Unfavourable step	▼ 23%
Bank debt	€ 9,147,954 Bank debt 2022: € 9,147,954 First fiscal year in the series	€ 5,841,810 Bank debt 2023: € 5,841,810 ▼ 36% vs 2022 (€ 9,147,954) Favourable step	€ 3,493,800 Bank debt 2024: € 3,493,800 ▼ 40% vs 2023 (€ 5,841,810) Favourable step	€ 2,903,300 Bank debt 2025: € 2,903,300 ▼ 17% vs 2024 (€ 3,493,800) Favourable step	▼ 17%
Balance sheet total	€ 24,212,036 Balance sheet total 2022: € 24,212,036 First fiscal year in the series	€ 20,616,385 Balance sheet total 2023: € 20,616,385 ▼ 15% vs 2022 (€ 24,212,036) Unchanged	€ 17,898,352 Balance sheet total 2024: € 17,898,352 ▼ 13% vs 2023 (€ 20,616,385) Unchanged	€ 16,043,425 Balance sheet total 2025: € 16,043,425 ▼ 10% vs 2024 (€ 17,898,352) Unchanged	▼ 10%
Employees (FTE)	1.2 Employees (FTE) 2022: 1.2 First fiscal year in the series	1.3 Employees (FTE) 2023: 1.3 ▲ 0.1 vs 2022 (1.2) Unchanged	1.2 Employees (FTE) 2024: 1.2 ▼ 0.1 vs 2023 (1.3) Unchanged	1 Employees (FTE) 2025: 1 ▼ 0.2 vs 2024 (1.2) Unchanged	▼ 0.2

Key figures of SORADIAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to SORADIAM?

What happened at SORADIAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Shehul ZAVERI stepped down as director. NBB
2030 Sivani Kumarpal SHAH stepped down as director. NBB
Aug 27, 2026 New annual accounts for financial year 2025: loss of € 1.8 million. filed late Source: NBB ↗
May 31, 1978 New establishment in Antwerpen. KBO
Dec 16, 1977 Start of the company according to the CBE. KBO

In short

From € 1.4 million profit in 2022 to € 1.8 million loss in 2025.

Paid € 235,588 in corporate taxes since 2022.

Best year ever: 2022, with € 1.4 million profit.

Pays suppliers within 14 days on average.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Shehul ZAVERI

Managing director

· until 2030

Sivani Kumarpal SHAH

Director

· until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 2 box 223 k 448

2018 Antwerpen

2.014.927.253

Hoveniersstraat 2 box 448

2018 Antwerpen

Active since 31 May 1978

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

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€ -4,389 gross margin · 2025

FRAVEX

€ 33,969 gross margin · 2025

Diacem

€ 44,577 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS soradiam.com

Technologies

Apache

Domain

soradiam.com

Registered

2008-07-17

Registrar

Combell NV

Expires

2026-07-17

Website info

HTTPS Ja

Features

Details

Company number

0417.844.821

VAT number

BE 0417.844.821

Registered office

Hoveniersstraat 2 bus 223 k 448, 2018 Antwerpen

Names & denominations

SORADIAM

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 December 1977

Peppol

Active · Active since 26 Nov 2025

Contact

soradiam.com

Activities · NACE

Groothandel in uurwerken en sieraden

Groothandel in horloges en uurwerken, artikelen van edele metalen en sieraden

Groothandel in diamant en andere edelstenen

Groothandel in diamant

View on CBE Public ↗ Annual accounts (NBB) ↗