Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
SWADIP GEMS from Antwerpen, company number BE0427397836, closed financial year 2025 with a result of € -159,065 after tax. For that financial year SWADIP GEMS recorded a gross margin of € -144,940 and equity of € 825,393. Compared with financial year 2024, the result moved from € -110,742 to € -159,065. 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 August 19, 2026.
€ 825,393
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -159,065
▼ 44 % more loss than in 2024
Profit after tax over the fiscal year.
€ 57,483
▲ € 46,181 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.9 million.
People and assets in 2025
€ 277
▲ 248% vs 2024
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
€ 877,915
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 322,603
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,931
▲ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 192,500 | € -2,435,296 | € -92,447 | € -144,940 | ▼ € 52,493 |
| Profit after taxes | € 168,610 | € -2,502,756 | € -110,742 | € -159,065 | ▼ € 48,323 |
| Equity | € 3,597,956 | € 1,095,200 | € 984,458 | € 825,393 | ▼ 16% |
| Total debts | € 5,374,019 | € 5,459,494 | € 6,068,695 | € 2,022,764 | ▼ 67% |
| Cash | € 92,205 | € 14,694 | € 11,302 | € 57,483 | ▲ € 46,181 |
| Land & buildings | € 118,105 | € 112,182 | € 106,259 | € 100,336 | ▼ 6% |
| Retained profit | € -168,675 | € -2,671,431 | € -2,782,173 | € -2,941,237 | ▼ € 159,065 |
| Bank debt | € 967,138 | € 933,529 | € 992,925 | € 877,915 | ▼ 12% |
| Balance sheet total | € 8,971,975 | € 6,554,693 | € 7,053,153 | € 2,848,157 | ▼ 60% |
Key figures of SWADIP 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 SWADIP GEMS?
What happened at SWADIP GEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 159,065. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,610 profit in 2022 to € 159,065 loss in 2025.
Paid € 4,268 in corporate taxes since 2022.
Best year ever: 2022, with € 168,610 profit.
Management
Behind SWADIP GEMS is RAJESH KANTILAL SHAH.
Directors
According to the 2025 annual accounts
RAJESH KANTILAL SHAH
Director
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 611
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.397.836
- VAT number
- BE 0427.397.836
- Registered office
- Hoveniersstraat 2 bus 611, 2018 Antwerpen
- Names & denominations
- SWADIP GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1985
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- [email protected]
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant