What does SUGAM GEMS do?

SUGAM GEMS is a wholesaler in Antwerpen. Private Limited, started on 15 December 1983, 1 establishment.

What is the address of SUGAM GEMS?

The registered office of SUGAM GEMS is located at Hoveniersstraat 2 box 524, 2018 Antwerpen.

Is SUGAM GEMS still active?

Yes. According to the CBE (31 October 2026) SUGAM GEMS is active, legal situation “Normale toestand”, started on 15 December 1983.

Is SUGAM GEMS registered on Peppol?

Yes, SUGAM GEMS is registered on the Peppol network with ID 0208:0425299072.

What is the enterprise number of SUGAM GEMS?

The enterprise number of SUGAM GEMS is BE0425299072.

When was SUGAM GEMS founded?

SUGAM GEMS was founded on 15 December 1983.

Who are the directors of SUGAM GEMS?

According to the 2025 annual accounts, the directors of SUGAM GEMS are: Shamin Shah.

Is SUGAM GEMS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 15 December 1983; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did SUGAM GEMS make in 2025?

SUGAM GEMS recorded a loss after taxes of € 51 in financial year 2025.

What is the revenue of SUGAM GEMS?

As a small company, SUGAM GEMS is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 115,879.

Does SUGAM GEMS have a website?

Yes, SUGAM GEMS has a website at sugamgems.com.

SUGAM GEMS (Private Limited) - Antwerpen - BE0425299072

Dossier SUGAM GEMS, printed on 1 November 2026 from databakkes.be/en/0425299072/sugam-gems. 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.

Financials

Financial year 2025

SUGAM GEMS from Antwerpen, company number BE0425299072, closed financial year 2025 with a result of € -51 after tax. For that financial year SUGAM GEMS recorded a gross margin of € 115,879 and equity of € 27,171. Compared with financial year 2024, the result moved from € -1.7 million to € -51. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 24, 2025.

What it is worth Healthy

€ 27,171

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

Loss Caution

€ -51

▲ 100 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 58,836

▲ € 46,559 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 € 2,382.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost estimate Staff cost at a one-person company Staff Only people on the payroll count here.€ 176 Likely the director’s social contribution or pension premium.The director’s pay Already netted into the gross margin, not shown separately in the accounts. Typical for one-person companies € 45,000 gross per year minimum for the reduced tax rate≈ € 2,100 net per month after contributions, tax and usually some benefits in kind, roughly Assumption based on the chart of accounts, not a figure from the source.

€ 176

▼ 99% vs 2024

No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 11,694

▼ € 4.7 million vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 38,272

▼ 31% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 26,082,985 Revenue 2022: € 26,082,985 First fiscal year in the series	€ 19,292,057 Revenue 2023: € 19,292,057 ▼ 26% vs 2022 (€ 26,082,985) Unfavourable step	€ 19,398,305 Revenue 2024: € 19,398,305 ▲ 1% vs 2023 (€ 19,292,057) Favourable step	-
Gross margin	-	-	-	€ 115,879 Gross margin 2025: € 115,879 First fiscal year in the series
Profit after taxes	€ 81,343 Profit after taxes 2022: € 81,343 First fiscal year in the series	€ -919,248 Profit after taxes 2023: € -919,248 ▼ € 1 million vs 2022 (€ 81,343) Unfavourable step	€ -1,708,674 Profit after taxes 2024: € -1,708,674 ▼ € 789,426 vs 2023 (€ -919,248) Unfavourable step	€ -51 Profit after taxes 2025: € -51 ▲ € 1.7 million vs 2024 (€ -1,708,674) Favourable step	▲ € 1.7 million
Equity	€ 2,655,144 Equity 2022: € 2,655,144 First fiscal year in the series	€ 1,735,895 Equity 2023: € 1,735,895 ▼ 35% vs 2022 (€ 2,655,144) Unfavourable step	€ 27,221 Equity 2024: € 27,221 ▼ 98% vs 2023 (€ 1,735,895) Unfavourable step	€ 27,171 Equity 2025: € 27,171 Unchanged (€ 27,221) Unfavourable step
Total debts	€ 8,681,667 Total debts 2022: € 8,681,667 First fiscal year in the series	€ 9,313,107 Total debts 2023: € 9,313,107 ▲ 7% vs 2022 (€ 8,681,667) Unfavourable step	€ 4,876,480 Total debts 2024: € 4,876,480 ▼ 48% vs 2023 (€ 9,313,107) Favourable step	€ 51,148 Total debts 2025: € 51,148 ▼ 99% vs 2024 (€ 4,876,480) Favourable step	▼ 99%
Cash	€ 112,805 Cash 2022: € 112,805 First fiscal year in the series	€ 79,517 Cash 2023: € 79,517 ▼ 30% vs 2022 (€ 112,805) Unfavourable step	€ 12,277 Cash 2024: € 12,277 ▼ 85% vs 2023 (€ 79,517) Unfavourable step	€ 58,836 Cash 2025: € 58,836 ▲ € 46,559 vs 2024 (€ 12,277) Favourable step	▲ € 46,559
Land & buildings	€ 18,362 Land & buildings 2022: € 18,362 First fiscal year in the series	€ 18,362 Land & buildings 2023: € 18,362 Unchanged (€ 18,362) Unchanged	€ 18,362 Land & buildings 2024: € 18,362 Unchanged (€ 18,362) Unchanged	-
Retained profit	€ 2,630,354 Retained profit 2022: € 2,630,354 First fiscal year in the series	€ 1,711,106 Retained profit 2023: € 1,711,106 ▼ 35% vs 2022 (€ 2,630,354) Unfavourable step	€ 2,432 Retained profit 2024: € 2,432 ▼ € 1.7 million vs 2023 (€ 1,711,106) Unfavourable step	€ 2,382 Retained profit 2025: € 2,382 ▼ 2% vs 2024 (€ 2,432) Unfavourable step	▼ 2%
Bank debt	€ 111,629 Bank debt 2022: € 111,629 First fiscal year in the series	€ 90,358 Bank debt 2023: € 90,358 ▼ 19% vs 2022 (€ 111,629) Favourable step	€ 67,954 Bank debt 2024: € 67,954 ▼ 25% vs 2023 (€ 90,358) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 67,954) Favourable step	▼ 100%
Balance sheet total	€ 11,336,810 Balance sheet total 2022: € 11,336,810 First fiscal year in the series	€ 11,049,002 Balance sheet total 2023: € 11,049,002 ▼ 3% vs 2022 (€ 11,336,810) Unchanged	€ 4,903,701 Balance sheet total 2024: € 4,903,701 ▼ 56% vs 2023 (€ 11,049,002) Unchanged	€ 78,319 Balance sheet total 2025: € 78,319 ▼ 98% vs 2024 (€ 4,903,701) Unchanged	▼ 98%
Employees (FTE)	0.8 Employees (FTE) 2022: 0.8 First fiscal year in the series	0.4 Employees (FTE) 2023: 0.4 ▼ 0.4 vs 2022 (0.8) Unchanged	0.4 Employees (FTE) 2024: 0.4 Unchanged (0.4) Unchanged	-

Key figures of SUGAM 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 30 April 2027.

What happened to SUGAM GEMS?

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

Nov 24, 2025 New annual accounts for financial year 2025: loss of € 51. Source: NBB ↗
2019 Shamin Shah became a director. NBB
Mar 1, 1984 New establishment in Antwerpen. KBO
Dec 15, 1983 Start of the company according to the CBE. KBO

In short

From € 81,343 profit in 2022 to € 51 loss in 2025.

Paid € 168,376 in corporate taxes since 2022.

Best year ever: 2022, with € 81,343 profit.

Original PDFs at the National Bank ↗

Management

Shamin Shah

SUGAM GEMS

Behind SUGAM GEMS is Shamin Shah.

Directors

According to the 2025 annual accounts

Shamin Shah

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 2 box 524

2018 Antwerpen

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 →

ANTWERPSCHE DIAMANTKRING

€ 152,703 gross margin · 2025

ANTWERP DIAMOND SALES

€ -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

HTTP sugamgems.com

Technologies

ASP.NETAngularBootstrapFont AwesomeGoogle FontsIISOwl CarouseljQuery

Hosting & Email

Email provider

Google Workspace

Hosting

AMAZON-02 - Amazon.com, Inc., US

DNS

GoDaddy DNS

Domain

sugamgems.com

Registered

2020-03-27

Registrar

GoDaddy.com, LLC

Expires

2030-03-27

Website info

HTTPS Nee

Languages EN

Features

Security

✗ HTTPS

✓ SPF

✗ DMARC

Details

Company number

0425.299.072

VAT number

BE 0425.299.072

Registered office

Hoveniersstraat 2 bus 524, 2018 Antwerpen

Names & denominations

SUGAM GEMS

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

15 December 1983

Peppol

Active · Active since 5 Feb 2026

Contact

sugamgems.com

Activities · NACE

Groothandel in diamant en andere edelstenen

Groothandel in diamant

View on CBE Public ↗ Annual accounts (NBB) ↗

SUGAM GEMS

Warning lights

Financials

What happened to SUGAM GEMS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions