Financials
Financial year 2024
Arjav Diamonds from Antwerpen, company number BE0421848545, closed financial year 2024 with a result of € -7.8 million after tax. For that financial year Arjav Diamonds recorded revenue of € 79.6 million and equity of € 192.3 million. Compared with financial year 2023, the result moved from € 2 million to € -7.8 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 June 10, 2025.
€ 192.3 million
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7.8 million
▼ still € 2 million profit in 2023
Profit after tax over the fiscal year.
€ 56,268
▲ € 50,620 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9 million.
People and assets in 2024
9
Average over the fiscal year, from the social balance sheet.
€ 611,208
€ 67,900 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.
€ 14,883
▼ 33% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 68.1 million
▼ 58% vs 2023
€ 24.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 67,800
▼ 99% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 139,564
▲ 2% vs 2023
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|
| Revenue | € 121,241,087 | € 79,633,171 | ▼ 34% |
| Profit after taxes | € 1,953,166 | € -7,799,726 | ▼ € 9.8 million |
| Equity | € 200,115,807 | € 192,316,081 | ▼ 4% |
| Total debts | € 171,587,982 | € 72,436,339 | ▼ 58% |
| Cash | € 5,649 | € 56,268 | ▲ € 50,620 |
| Land & buildings | € 2,330,555 | € 3,765,198 | ▲ 62% |
| Retained profit | € 16,815,807 | € 9,016,081 | ▼ 46% |
| Bank debt | € 160,375,500 | € 68,100,000 | ▼ 58% |
| Balance sheet total | € 371,703,789 | € 264,752,420 | ▼ 29% |
| Employees (FTE) | 9 | 9 |
Key figures of Arjav Diamonds, fiscal years 2023 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Arjav Diamonds?
What happened at Arjav Diamonds in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 7.8 million (▼ € 9.8 million vs 2023). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 2 million profit in 2023 to € 7.8 million loss in 2024.
Paid € 61,304 in corporate taxes since 2023.
Best year ever: 2023, with € 2 million profit.
Management
Behind Arjav Diamonds are Arjav Mehta and Ashit Mehta. It owns 100% of ARJAV DIAMONDS LTD, 100% of LUMINIS STAR, 100% of ANTWERP STAR DIAMONDS and 96.2% of ARJAV DIAMONDS PVT LTD BO itself.
Directors
According to the 2024 annual accounts
Arjav Mehta
Managing director
Also active at: SPORTS CLUB OF INDIA, LUMINIS STAR, ARJAV BIDS, ANTWERP STAR DIAMONDS
Establishments
Establishment units
Physical locations of this company
Schupstraat 18
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Auro Diamonds
€ 57.6 million revenue · 2025
AGEM JEWELS
€ -9,696 gross margin · 2025
SR DIA
€ -238,124 gross margin · 2025
AVANIM
€ 511,533 gross margin · 2025
DG Antwerpen
€ -196,991 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.848.545
- VAT number
- BE 0421.848.545
- Registered office
- Schupstraat 18, 2018 Antwerpen
- Names & denominations
- Arjav Diamonds
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 July 1981
- Peppol
- Active · Active since 5 Jan 2026
- 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