Financials
Financial year 2025
DEV JEWELS from Antwerpen, company number BE0436733887, closed financial year 2025 with a result of € 667,407 after tax. For that financial year DEV JEWELS recorded revenue of € 23.7 million and equity of € 25.3 million. Compared with financial year 2024, the result moved from € 2.9 million to € 667,407. 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 October 13, 2026.
€ 25.3 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 667,407
▼ 77% vs 2024
Profit after tax over the fiscal year.
€ 277,104
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 25.3 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 42,664
▲ 2% vs 2024
€ 42,700 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.
€ 3,230
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.4 million
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 224,453
▲ 51% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 53,071,335 | € 32,751,146 | € 26,589,779 | € 23,737,996 | ▼ 11% |
| Profit after taxes | € 1,950,180 | € 4,456,252 | € 2,895,460 | € 667,407 | ▼ 77% |
| Equity | € 17,277,319 | € 21,733,571 | € 24,629,031 | € 25,296,438 | ▲ 3% |
| Total debts | € 9,550,665 | € 4,316,714 | € 2,607,162 | € 2,355,683 | ▼ 10% |
| Cash | € 1,872,595 | € 3,421,232 | € 811,231 | € 277,104 | ▼ 66% |
| Land & buildings | € 383,176 | € 343,253 | € 325,247 | € 307,303 | ▼ 6% |
| Retained profit | € 17,258,719 | € 21,714,971 | € 24,610,431 | € 25,277,838 | ▲ 3% |
| Dividend | € 25,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,875,117 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 26,827,983 | € 26,050,285 | € 27,236,193 | € 27,652,120 | ▲ 2% |
| Employees (FTE) | - | 1 | 1 | 1 |
Key figures of DEV JEWELS, 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 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 2025: profit of € 667,407 (▼ 77% vs 2024). 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 € 2 million profit in 2022 to € 667,407 profit in 2025.
Paid € 404,203 in corporate taxes since 2022.
Best year ever: 2023, with € 4.5 million profit.
Paid out € 25,000 in dividends to the owners in total.
Management
Behind DEV JEWELS are DEVENDRA SANJU BHANDARI and Sanju Babulal Bhandari.
Directors
According to the 2025 annual accounts
DEVENDRA SANJU BHANDARI
Director
since 2014
Sanju Babulal Bhandari
Director
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 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.
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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