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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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
GRACE JEWELS from Antwerpen, company number BE0474547655, closed financial year 2024 with a result of € -32,403 after tax. For that financial year GRACE JEWELS recorded a gross margin of € 40,226 and equity of € -187,788. Compared with financial year 2023, the result moved from € -14,525 to € -32,403. 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 September 18, 2025.
€ -187,788
▼ € 32,403 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -32,403
▼ 123 % more loss than in 2023
Profit after tax over the fiscal year.
€ 6,364
▲ 93% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -264,788.
People and assets in 2024
1.6
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 67,642
▼ 11% vs 2023
€ 42,300 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.
€ 791
▼ 48% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 549,990
▲ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 525,135
▲ 7% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 293,858
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 86,846 | € 72,694 | € 74,848 | € 40,226 | ▼ 46% |
| Profit after taxes | € 16,650 | € -226,867 | € -14,525 | € -32,403 | ▼ € 17,878 |
| Equity | € 86,007 | € -140,860 | € -155,385 | € -187,788 | ▼ € 32,403 |
| Total debts | € 1,963,111 | € 1,760,844 | € 1,505,262 | € 1,564,464 | ▲ 4% |
| Cash | € 4,157 | € 37,488 | € 3,301 | € 6,364 | ▲ 93% |
| Retained profit | € 9,007 | € -217,860 | € -232,385 | € -264,788 | ▼ € 32,403 |
| Bank debt | € 504,490 | € 535,707 | € 517,090 | € 549,990 | ▲ 6% |
| Balance sheet total | € 2,049,118 | € 1,619,984 | € 1,349,877 | € 1,376,676 | ▲ 2% |
| Employees (FTE) | 2 | 2 | 2 | 1.6 | ▼ 0.4 |
Key figures of GRACE JEWELS, 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 GRACE JEWELS?
What happened at GRACE JEWELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 32,403. filed late Source: NBB ↗
- Abhay NANAVATI became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,650 profit in 2021 to € 32,403 loss in 2024.
Paid € 242,801 in corporate taxes since 2021.
Best year ever: 2021, with € 16,650 profit.
On average € 25,100 of value added per employee in 2024.
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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 2024 annual accounts
Abhay NANAVATI
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 55 box 102
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
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+48 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
- 0474.547.655
- VAT number
- BE 0474.547.655
- Registered office
- Hoveniersstraat 55 bus 102, 2018 Antwerpen
- Names & denominations
- GRACE JEWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 April 2001
- Peppol
- Active · Active since 26 Sept 2025
- Activities · NACE
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