Financials
Financial year 2025
D. NAVINCHANDRA GEMS from Antwerpen, company number BE0462600126, closed financial year 2025 with a result of € -13.8 million after tax. For that financial year D. NAVINCHANDRA GEMS recorded revenue of € 48.7 million and equity of € 60.1 million. Compared with financial year 2024, the result moved from € 7.2 million to € -13.8 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 June 23, 2026.
€ 60.1 million
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13.8 million
▼ still € 7.2 million profit in 2024
Profit after tax over the fiscal year.
€ 1.6 million
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 50.2 million.
People and assets in 2025
3.6
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 193,795
▲ 21% vs 2024
€ 53,800 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.
€ 138,754
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.1 million
▼ 39% vs 2024
Loans from banks and other lenders, long and short.
€ 147,355
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 125,141
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 83,585,368 | € 111,450,032 | € 60,155,737 | € 48,728,851 | ▼ 19% |
| Profit after taxes | € 6,093,005 | € 10,221,396 | € 7,244,388 | € -13,801,723 | ▼ € 21 million |
| Equity | € 23,321,876 | € 33,543,272 | € 73,930,522 | € 60,128,799 | ▼ 19% |
| Total debts | € 21,552,310 | € 10,851,245 | € 5,377,707 | € 4,424,042 | ▼ 18% |
| Cash | € 991,887 | € 431,054 | € 2,874,815 | € 1,554,295 | ▼ 46% |
| Land & buildings | € 281,986 | € 972,195 | € 925,717 | € 902,479 | ▼ 3% |
| Retained profit | € 13,364,448 | € 23,585,844 | € 63,954,501 | € 50,152,778 | ▼ 22% |
| Bank debt | € 6,825,917 | € 7,248,297 | € 3,398,819 | € 2,068,964 | ▼ 39% |
| Balance sheet total | € 44,874,186 | € 44,394,517 | € 79,308,229 | € 64,552,840 | ▼ 19% |
| Employees (FTE) | 3.3 | 3.2 | 3.1 | 3.6 | ▲ 0.5 |
Key figures of D. NAVINCHANDRA GEMS, fiscal years 2021 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 D. NAVINCHANDRA GEMS?
What happened at D. NAVINCHANDRA 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 € 13.8 million (▼ € 21 million vs 2024). Source: NBB ↗
- Rushin Haresh Choksi became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 6.1 million profit in 2021 to € 13.8 million loss in 2025.
Paid € 939,622 in corporate taxes since 2021.
Best year ever: 2022, with € 10.2 million profit.
Pays suppliers within 1 days on average.
A new publication or filing at D. NAVINCHANDRA GEMS? We notify you, reason included.
Follow D. NAVINCHANDRA GEMSDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 D. NAVINCHANDRA GEMS are MIHIR DILIPKUMAR MEHTA and Rushin Haresh Choksi.
Directors
According to the 2025 annual accounts
MIHIR DILIPKUMAR MEHTA
Manager
Rushin Haresh Choksi
Manager
since 2011
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 161
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
- 0462.600.126
- VAT number
- BE 0462.600.126
- Registered office
- Hoveniersstraat 30 bus 161, 2018 Antwerpen
- Names & denominations
- D. NAVINCHANDRA GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 1998
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant