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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
DHAVAL GEMS from Antwerpen, company number BE0441514801, closed financial year 2025 with a result of € -638,709 after tax. For that financial year DHAVAL GEMS recorded a gross margin of € -637,313 and equity of € -156,321. Compared with financial year 2024, the result moved from € -227,332 to € -638,709. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2026.
€ -156,321
▼ € 638,709 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -638,709
▼ 181 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,644
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -174,921.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,641
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,075
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,233 | € -183,358 | € -219,247 | € -637,313 | ▼ € 418,066 |
| Profit after taxes | € 4,119 | € -208,167 | € -227,332 | € -638,709 | ▼ € 411,377 |
| Equity | € 917,887 | € 709,720 | € 482,388 | € -156,321 | ▼ € 638,709 |
| Total debts | € 1,764,888 | € 1,059,927 | € 249,228 | € 281,787 | ▲ 13% |
| Cash | € 161,616 | € 149,145 | € 8,779 | € 6,644 | ▼ 24% |
| Retained profit | € 899,287 | € 691,120 | € 463,788 | € -174,921 | ▼ € 638,709 |
| Balance sheet total | € 2,682,775 | € 1,769,647 | € 731,616 | € 125,466 | ▼ 83% |
Key figures of DHAVAL 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 DHAVAL GEMS?
What happened at DHAVAL 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 € 638,709. Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,119 profit in 2022 to € 638,709 loss in 2025.
Paid € 27,482 in corporate taxes since 2022.
Best year ever: 2022, with € 4,119 profit.
Management
Behind DHAVAL GEMS is Manish Gandhi.
Directors
According to the 2025 annual accounts
Manish Gandhi
Director
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 110
2018 Antwerpen
Hoveniersstraat 2/ box 110
2018 Antwerpen
Active since 10 January 1991
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
- 0441.514.801
- VAT number
- BE 0441.514.801
- Registered office
- Hoveniersstraat 2 bus 110, 2018 Antwerpen
- Names & denominations
- DHAVAL GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 July 1990
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant