Financials
Financial year 2025
PARAS GEMS from Antwerpen, company number BE0424588695, closed financial year 2025 with a result of € -843,186 after tax. For that financial year PARAS GEMS recorded revenue of € 5.5 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 305,533 to € -843,186. 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 31, 2026.
€ 4 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -843,186
▼ still € 305,533 profit in 2024
Profit after tax over the fiscal year.
€ 315,823
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 40,384
▲ 1% vs 2024
€ 40,400 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
€ 386,748
▼ 48% vs 2024
Loans from banks and other lenders, long and short.
€ 14,671
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 7,798
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,230,783 | € 14,783,887 | € 7,203,681 | € 5,470,193 | ▼ 24% |
| Profit after taxes | € 135,213 | € 72,140 | € 305,533 | € -843,186 | ▼ € 1.1 million |
| Equity | € 4,471,405 | € 4,543,544 | € 4,849,077 | € 4,005,891 | ▼ 17% |
| Total debts | € 736,530 | € 3,154,071 | € 1,418,047 | € 409,242 | ▼ 71% |
| Cash | € 556,647 | € 216,491 | € 712,872 | € 315,823 | ▼ 56% |
| Land & buildings | € 397,586 | € 383,036 | € 369,770 | € 357,382 | ▼ 3% |
| Retained profit | € 2,535,405 | € 2,607,544 | € 2,913,077 | € 2,069,891 | ▼ 29% |
| Bank debt | € 0 | € 1,264,973 | € 748,382 | € 386,748 | ▼ 48% |
| Balance sheet total | € 5,207,935 | € 7,697,615 | € 6,267,123 | € 4,415,133 | ▼ 30% |
| Employees (FTE) | 1.3 | 1 | 1 | 1 |
Key figures of PARAS GEMS, 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 PARAS GEMS?
What happened at PARAS GEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Adesh Shah stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 843,186 (▼ € 1.1 million vs 2024). filed late Source: NBB ↗
- Adesh Shah became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 135,213 profit in 2022 to € 843,186 loss in 2025.
Paid € 100,503 in corporate taxes since 2022.
Best year ever: 2024, with € 305,533 profit.
Pays suppliers within 1 days on average.
A new publication or filing at PARAS GEMS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Adesh Shah
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2/808 box 563
2018 Antwerpen
Hoveniersstraat 2 box 563
2018 Antwerpen
Active since 1 November 1983
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.588.695
- VAT number
- BE 0424.588.695
- Registered office
- Hoveniersstraat 2/808 bus 563, 2018 Antwerpen
- Names & denominations
- PARAS GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 November 1982
- Peppol
- Active · Active since 8 Oct 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen
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