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 2024 and 2025.
Financials
Financial year 2025
S.V. GEMS from Antwerpen, company number BE0460857886, closed financial year 2025 with a result of € -288,671 after tax. For that financial year S.V. GEMS recorded revenue of € 920,582 and equity of € 5 million. Compared with financial year 2024, the result moved from € -9.3 million to € -288,671. 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 June 25, 2026.
€ 5 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -288,671
▲ 97 % less loss than in 2024
Profit after tax over the fiscal year.
€ 64,361
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 84,136
▼ 5% vs 2024
€ 42,100 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.
€ 24,546
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.7 million
▼ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 42,742
▲ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 11 days on average.
€ 52,137
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 57,692,137 | € 7,554,697 | € 12,599,569 | € 920,582 | ▼ 93% |
| Profit after taxes | € 769,928 | € -5,084,588 | € -9,277,159 | € -288,671 | ▲ € 9 million |
| Equity | € 19,622,950 | € 14,538,362 | € 5,261,203 | € 4,972,532 | ▼ 5% |
| Total debts | € 31,390,255 | € 20,428,457 | € 6,496,006 | € 3,864,294 | ▼ 41% |
| Cash | € 338,337 | € 155,770 | € 277,189 | € 64,361 | ▼ 77% |
| Land & buildings | € 238,088 | € 226,540 | € 214,993 | € 203,445 | ▼ 5% |
| Retained profit | € 16,724,194 | € 11,639,607 | € 2,362,448 | € 2,073,776 | ▼ 12% |
| Bank debt | € 15,144,131 | € 14,617,856 | € 4,220,810 | € 3,731,915 | ▼ 12% |
| Balance sheet total | € 51,013,205 | € 34,966,819 | € 11,757,209 | € 8,836,826 | ▼ 25% |
| Employees (FTE) | 3 | 2.1 | 2 | 2 |
Key figures of S.V. 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 S.V. GEMS?
What happened at S.V. GEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NISHIT PRAKASHCHANDRA VARIA stepped down as director. NBB
- S. VINODKUMAR INTERNATIONAL PTE. LTD. stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 288,671. Source: NBB ↗
- NISHIT PRAKASHCHANDRA VARIA became a director. NBB
- S. VINODKUMAR INTERNATIONAL PTE. LTD. became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 769,928 profit in 2022 to € 288,671 loss in 2025.
Paid € 170,266 in corporate taxes since 2022.
Best year ever: 2022, with € 769,928 profit.
Pays suppliers within 11 days on average.
A new publication or filing at S.V. 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
since 2023 · until 2029
S. VINODKUMAR INTERNATIONAL PTE. LTD.
Director · represented by AMISHKUMAR SHAH
since 2005 · until 2029
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 227
2018 Antwerpen
Hoveniersstraat 30
2018 Antwerpen
Active since 20 June 1997
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.857.886
- VAT number
- BE 0460.857.886
- Registered office
- Hoveniersstraat 30 bus 227, 2018 Antwerpen
- Names & denominations
- S.V. GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 June 1997
- Peppol
- Active · Active since 27 Aug 2025
- Activities · NACE
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