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 2023 and 2024.
-
Late annual account NBB
Fiscal year 2024 was filed 201 days after the legal deadline.
Financials
Financial year 2024
KAY DIAMONDS from Antwerpen, company number BE0463947634, closed financial year 2024 with a result of € -240,345 after tax. For that financial year KAY DIAMONDS recorded a gross margin of € 96,158 and equity of € 5.5 million. Compared with financial year 2023, the result moved from € -208,132 to € -240,345. 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 February 17, 2026.
€ 5.5 million
▼ 4% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,345
▼ 15 % more loss than in 2023
Profit after tax over the fiscal year.
€ 37,331
▲ 120% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -953,878.
Debts at end 2024
€ 978,215
▲ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 2,253
▼ 99% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 154,764
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -13,882 | € -237,990 | € -74,827 | € 96,158 | ▲ € 170,985 |
| Profit after taxes | € 286,205 | € -528,999 | € -208,132 | € -240,345 | ▼ € 32,213 |
| Equity | € 6,446,968 | € 5,917,969 | € 5,709,837 | € 5,469,492 | ▼ 4% |
| Total debts | € 1,895,963 | € 2,026,551 | € 2,090,655 | € 2,197,303 | ▲ 5% |
| Cash | € 15,124 | € 16,180 | € 16,999 | € 37,331 | ▲ 120% |
| Retained profit | € 23,598 | € -505,401 | € -713,533 | € -953,878 | ▼ € 240,345 |
| Bank debt | € 897,417 | € 952,810 | € 919,681 | € 978,215 | ▲ 6% |
| Balance sheet total | € 8,342,930 | € 7,944,520 | € 7,800,492 | € 7,666,795 | ▼ 2% |
Key figures of KAY DIAMONDS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KAY DIAMONDS?
What happened at KAY DIAMONDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Chetan MEHTA stepped down as director. NBB
- Rashmi MEHTA stepped down as director. NBB
- Simran LAKHWINDER SING stepped down as director. NBB
- Ayushman MEHTA stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 240,345. filed late Source: NBB ↗
- Chetan MEHTA became a director. NBB
- Rashmi MEHTA became a director. NBB
- Simran LAKHWINDER SING became a director. NBB
In short
From € 286,205 profit in 2021 to € 240,345 loss in 2024.
Paid € 157,759 in corporate taxes since 2021.
Best year ever: 2021, with € 286,205 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
It owns 51.4% of Menamani Investment Corp. itself.
Directors
According to the 2024 annual accounts
since 2023 · until 2027
Rashmi MEHTA
Director
Also active at: Gembel, MENAMANI INVESTMENT CORPORATION, Gembel European Sales
since 2023 · until 2027
Simran LAKHWINDER SING
Director
since 2022 · until 2027
since 2021 · until 2027
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
Kay Jewels
€ -3,390 gross margin · 2022
+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
- 0463.947.634
- VAT number
- BE 0463.947.634
- Registered office
- Vestingstraat 74, 2018 Antwerpen
- Names & denominations
- KAY DIAMONDS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 August 1998
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
Groothandel in diamant en andere edelstenen
Groothandel in diamant
Bewerken van diamant
Bewerking van diamant