Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
DEV JEWELS from Antwerpen, company number BE0436733887, closed financial year 2024 with a result of € 2.9 million after tax. For that financial year DEV JEWELS recorded revenue of € 26.6 million and equity of € 24.6 million. Compared with financial year 2023, the result moved from € 4.5 million to € 2.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 19, 2025.
€ 24.6 million
▲ 13% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▼ 35% vs 2023
Profit after tax over the fiscal year.
€ 811,231
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 24.6 million.
People and assets in 2024
1
Average over the fiscal year, from the social balance sheet.
€ 41,947
▼ 10% vs 2023
€ 41,900 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.
€ 4,806
▼ 26% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▲ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.
€ 148,974
▼ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 53,071,335 | € 32,751,146 | € 26,589,779 | ▼ 19% |
| Gross margin | € 10,958,916 | - | - | - | |
| Profit after taxes | € 10,456,695 | € 1,950,180 | € 4,456,252 | € 2,895,460 | ▼ 35% |
| Equity | € 15,352,138 | € 17,277,319 | € 21,733,571 | € 24,629,031 | ▲ 13% |
| Total debts | € 10,632,507 | € 9,550,665 | € 4,316,714 | € 2,607,162 | ▼ 40% |
| Cash | € 2,077,321 | € 1,872,595 | € 3,421,232 | € 811,231 | ▼ 76% |
| Land & buildings | € 375,888 | € 383,176 | € 343,253 | € 325,247 | ▼ 5% |
| Retained profit | € 15,333,538 | € 17,258,719 | € 21,714,971 | € 24,610,431 | ▲ 13% |
| Dividend | € 0 | € 25,000 | € 0 | € 0 | |
| Bank debt | € 0 | € 1,875,117 | € 0 | € 0 | |
| Balance sheet total | € 25,984,645 | € 26,827,983 | € 26,050,285 | € 27,236,193 | ▲ 5% |
| Employees (FTE) | 1 | - | 1 | 1 |
Key figures of DEV JEWELS, fiscal years 2021 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 DEV JEWELS?
What happened at DEV JEWELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2.9 million (▼ 35% vs 2023). filed late Source: NBB ↗
- DEVENDRA SANJU BHANDARI became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10.5 million profit in 2021 to € 2.9 million profit in 2024.
Paid € 452,373 in corporate taxes since 2021.
Best year ever: 2021, with € 10.5 million profit.
On average € 11 million of value added per employee in 2021.
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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
Behind DEV JEWELS are DEVENDRA SANJU BHANDARI and Sanju Babulal Bhandari.
Directors
According to the 2024 annual accounts
DEVENDRA SANJU BHANDARI
Director
since 2014
Sanju Babulal Bhandari
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 505
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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€ 44,577 gross margin · 2025
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+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
Cloudflare DNS
Domain
Domain
dev-group.com
Registered
1997-07-10
Registrar
Network Solutions, LLC
Expires
2026-07-09
Website info
Features
Security
Details
- Company number
- 0436.733.887
- VAT number
- BE 0436.733.887
- Registered office
- Hoveniersstraat 2 bus 505, 2018 Antwerpen
- Names & denominations
- DEV JEWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 February 1989
- Peppol
- Active · Active since 6 Oct 2025
- Contact
- dev-group.com [email protected]
- Activities · NACE
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