Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Late annual account NBB
Fiscal year 2025 was filed 211 days after the legal deadline.
Financials
Financial year 2025
MALAY GEMS from Antwerpen, company number BE0437870074, closed financial year 2025 with a result of € -1.2 million after tax. For that financial year MALAY GEMS recorded revenue of € 4.1 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € 182,378 to € -1.2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ 4.3 million
▼ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.2 million
▼ still € 182,378 profit in 2024
Profit after tax over the fiscal year.
€ 2.5 million
▲ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.9 million.
People and assets in 2025
€ 900
▼ 1% 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.
€ 126,347
▲ € 114,286 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 10 days on average.
€ 26,150
▲ € 23,150 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,615,547 | € 21,002,722 | € 15,730,018 | € 4,069,413 | ▼ 74% |
| Profit after taxes | € 786,034 | € 84,181 | € 182,378 | € -1,214,771 | ▼ € 1.4 million |
| Equity | € 5,292,369 | € 5,376,550 | € 5,558,927 | € 4,344,156 | ▼ 22% |
| Total debts | € 1,475,773 | € 1,385,428 | € 599,361 | € 649,362 | ▲ 8% |
| Cash | € 2,579,286 | € 1,351,700 | € 1,934,186 | € 2,473,417 | ▲ 28% |
| Land & buildings | € 115,081 | € 116,033 | € 110,236 | € 107,362 | ▼ 3% |
| Retained profit | € 2,892,369 | € 2,976,550 | € 3,158,927 | € 1,944,156 | ▼ 38% |
| Balance sheet total | € 6,768,141 | € 6,761,978 | € 6,158,288 | € 4,993,518 | ▼ 19% |
| Employees (FTE) | 0.6 | - | - | - |
Key figures of MALAY 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 January 2027.
What happened to MALAY GEMS?
What happened at MALAY 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 € 1.2 million (▼ € 1.4 million vs 2024). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 786,034 profit in 2022 to € 1.2 million loss in 2025.
Paid € 168,824 in corporate taxes since 2022.
Best year ever: 2022, with € 786,034 profit.
Pays suppliers within 10 days on average.
A new publication or filing at MALAY GEMS? We notify you, reason included.
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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
Directors
According to the 2025 annual accounts
Malay KOTHARI
Director
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 251
2018 Antwerpen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.870.074
- VAT number
- BE 0437.870.074
- Registered office
- Hoveniersstraat 30 bus 251, 2018 Antwerpen
- Names & denominations
- MALAY GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1989
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant