Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2020.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
M.P. JEWELS from Antwerpen, company number BE0461876386, closed financial year 2023 with a result of € -2.7 million after tax. Compared with financial year 2020, the result moved from € 1.7 million to € -2.7 million. 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 July 5, 2024.
€ -1.5 million
▼ € 3.8 million vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.7 million
▼ still € 1.7 million profit in 2020
Profit after tax over the fiscal year.
€ 21,987
▼ 1% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.6 million.
Debts at end 2023
€ 1.4 million
▲ 67% vs 2020
Loans from banks and other lenders, long and short.
€ 4 million
▼ 69% vs 2020
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 536 days on average.
€ 31,471
▼ 73% vs 2020
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2023 | Change 2020 → 2023 | |
|---|---|---|---|
| Revenue | € 17,469,046 | - | |
| Profit after taxes | € 1,699,375 | € -2,708,727 | ▼ € 4.4 million |
| Equity | € 2,300,396 | € -1,480,876 | ▼ € 3.8 million |
| Total debts | € 14,153,294 | € 6,098,023 | ▼ 57% |
| Cash | € 22,253 | € 21,987 | ▼ 1% |
| Retained profit | € 2,238,422 | € -1,556,923 | ▼ € 3.8 million |
| Bank debt | € 814,930 | € 1,362,680 | ▲ 67% |
| Balance sheet total | € 16,453,689 | € 4,617,147 | ▼ 72% |
Key figures of M.P. JEWELS, fiscal years 2020 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to M.P. JEWELS?
What happened at M.P. JEWELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
M.P. JEWELS is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 2.7 million (▼ € 4.4 million vs 2020). Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.7 million profit in 2020 to € 2.7 million loss in 2023.
Paid € 43,326 in corporate taxes since 2020.
Best year ever: 2020, with € 1.7 million profit.
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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
Behind M.P. JEWELS is Ramesh Patel. Ramesh Patel is also behind ANTWERPSCHE DIAMANTKRING and DIVINE GRACE.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Vestingstraat 72/74 box 25
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
- 0461.876.386
- VAT number
- BE 0461.876.386
- Registered office
- Vestingstraat 72/74 bus 25, 2018 Antwerpen
- Names & denominations
- M.P. JEWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 10 November 1997
- Peppol
- Active · Active since 18 Jun 2026
- Contact
- [email protected]
- Activities · NACE
Groothandel in diamant en andere edelstenen