Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2021 and 2022.
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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
Kay Jewels from Antwerpen, company number BE0460253221, closed financial year 2022 with a result of € -22,445 after tax. For that financial year Kay Jewels recorded a gross margin of € -3,390 and equity of € 207,687. Compared with financial year 2021, the result moved from € -10,599 to € -22,445. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 1, 2023.
€ 207,687
▼ 10% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,445
▼ 112 % more loss than in 2021
Profit after tax over the fiscal year.
€ 30,346
▼ 53% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 145,714.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 1.5 million
Supplier invoices still open on the last day of the fiscal year.
€ 3,559
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -7,404 | € -3,390 | ▲ € 4,014 |
| Profit after taxes | € -10,599 | € -22,445 | ▼ € 11,845 |
| Equity | € 230,132 | € 207,687 | ▼ 10% |
| Total debts | € 1,505,946 | € 1,512,173 | |
| Cash | € 64,418 | € 30,346 | ▼ 53% |
| Retained profit | € 168,158 | € 145,714 | ▼ 13% |
| Balance sheet total | € 1,736,077 | € 1,719,860 | ▼ 1% |
Key figures of Kay Jewels, 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 Kay Jewels?
What happened at Kay Jewels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2022: loss of € 22,445. filed late Source: NBB ↗
- Bhavin MEHTA stepped down as director. NBB
- Chetan MEHTA stepped down as director. NBB
- Rashmi MEHTA stepped down as director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,599 loss in 2021 to € 22,445 loss in 2022.
Management
Directors
According to the 2022 annual accounts
Bhavin MEHTA
Managing director
· until 2023
Chetan MEHTA
Managing director
· until 2023
Rashmi MEHTA
Managing director
Also active at: Gembel, MENAMANI INVESTMENT CORPORATION, Gembel European Sales, KAY DIAMONDS
· until 2023
Establishments
Establishment units
Physical locations of this company
Vestingstraat 74
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Gembel same network
€ -855 gross margin · 2024
Hakker Company Antwerp
MILLENIUMDIMON
€ -363,258 gross margin · 2025
MENAMANI INVESTMENT CORPORATION same network
€ -23,221 gross margin · 2024
Gembel European Sales same network
€ 158,079 gross margin · 2024
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.253.221
- VAT number
- BE 0460.253.221
- Registered office
- Vestingstraat 74, 2018 Antwerpen
- Names & denominations
- Kay Jewels
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 1997
- Peppol
- Active · Active since 24 Dec 2025