Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Avi Gems from Antwerpen, company number BE0465468455, closed financial year 2025 with a result of € -28,512 after tax. For that financial year Avi Gems recorded a gross margin of € 34,752 and equity of € 172,152. Compared with financial year 2024, the result moved from € 45,507 to € -28,512. 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 August 31, 2026.
€ 172,152
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,512
▼ still € 45,507 profit in 2024
Profit after tax over the fiscal year.
€ 61,532
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 153,560.
People and assets in 2025
0.5
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9,004
▲ 285% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 509
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 18,072
▼ 87% vs 2024
€ 6,838 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.5 million
▲ € 1.4 million vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,152
▲ 101% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,808 | € -83,546 | € 83,543 | € 34,752 | ▼ 58% |
| Profit after taxes | € -15,875 | € -95,501 | € 45,507 | € -28,512 | ▼ € 74,019 |
| Equity | € 250,659 | € 155,158 | € 200,664 | € 172,152 | ▼ 14% |
| Total debts | € 797,867 | € 555,869 | € 444,801 | € 1,742,951 | ▲ 292% |
| Cash | € 83,804 | € 6,679 | € 55,096 | € 61,532 | ▲ 12% |
| Land & buildings | € 90,736 | € 88,192 | € 85,648 | € 83,104 | ▼ 3% |
| Retained profit | € 232,067 | € 136,566 | € 182,072 | € 153,560 | ▼ 16% |
| Bank debt | € 411,649 | € 401,096 | € 136,266 | € 18,072 | ▼ 87% |
| Balance sheet total | € 1,048,526 | € 711,027 | € 645,465 | € 1,915,103 | ▲ 197% |
| Employees (FTE) | - | - | 0.6 | 0.5 | ▼ 0.1 |
Key figures of Avi 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 Avi Gems?
What happened at Avi 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 € 28,513 (▼ € 74,019 vs 2024). filed late Source: NBB ↗
- Atit SHAH stepped down as director. NBB
- Safia HACHEM became a director. NBB
- Atit SHAH became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,875 loss in 2022 to € 28,513 loss in 2025.
Paid € 45,952 in corporate taxes since 2022.
Best year ever: 2024, with € 45,507 profit.
Management
Behind Avi Gems are Amishkumar SHAH and Safia HACHEM.
Directors
According to the 2025 annual accounts
Amishkumar SHAH
Director
Safia HACHEM
Director
since 2025
Atit SHAH
Director
since 2020 · until 2025
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 416
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0465.468.455
- VAT number
- BE 0465.468.455
- Registered office
- Hoveniersstraat 2 bus 416, 2018 Antwerpen
- Names & denominations
- Avi Gems
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 1999
- Peppol
- Active · Active since 10 Dec 2025
- Activities · NACE
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