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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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Annual account missing NBB
Fiscal year 2023 was expected before 31 July 2024 and has not been filed.
Financials
Financial year 2022
PATEL DIAMONDS from Antwerpen, company number BE0428049815, closed financial year 2022 with a result of € 137,375 after tax. For that financial year PATEL DIAMONDS recorded revenue of € 10.5 million and equity of € 1.1 million. Compared with financial year 2021, the result moved from € 1.3 million to € 137,375. The company is profitable. The buffer shrank hard: equity is 84 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2023.
€ 1.1 million
▼ 84% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 137,375
▼ 89% vs 2021
Profit after tax over the fiscal year.
€ 1.9 million
▲ 48% vs 2021
Cash and bank balances on the last day of the fiscal year.
€ 5.9 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 20,814
▼ 97% vs 2021
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 31,900
▲ 93% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Revenue | € 11,149,196 | € 10,466,123 | ▼ 6% |
| Profit after taxes | € 1,253,118 | € 137,375 | ▼ 89% |
| Equity | € 6,962,889 | € 1,144,265 | ▼ 84% |
| Total debts | € 1,322,793 | € 5,347,960 | ▲ € 4 million |
| Cash | € 1,271,669 | € 1,885,745 | ▲ 48% |
| Land & buildings | € 28,129 | € 28,129 | |
| Retained profit | € 6,842,889 | € 1,024,265 | ▼ 85% |
| Dividend | € 198,000 | € 5,900,000 | ▲ € 5.7 million |
| Balance sheet total | € 8,285,683 | € 6,492,224 | ▼ 22% |
Key figures of PATEL DIAMONDS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to PATEL DIAMONDS?
What happened at PATEL DIAMONDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: profit of € 137,375 (▼ 89% vs 2021). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.3 million profit in 2021 to € 137,375 profit in 2022.
Paid € 31,676 in corporate taxes since 2021.
Best year ever: 2021, with € 1.3 million profit.
Paid out € 6.1 million in dividends to the owners in total.
Management
Behind PATEL DIAMONDS are Harshadkumar Patel and Vinaykumar Patel. Harshadkumar Patel is also behind HAMPA BV.
Directors
According to the 2022 annual accounts
Vinaykumar Patel
Director
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 305
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
- 0428.049.815
- VAT number
- BE 0428.049.815
- Registered office
- Hoveniersstraat 2 bus 305, 2018 Antwerpen
- Names & denominations
- PATEL DIAMONDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 1985
- Peppol
- Active · Active since 19 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant