Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MULTI GEMS from Antwerpen, company number BE0477670263, closed financial year 2025 with a result of € -311,408 after tax. For that financial year MULTI GEMS recorded a gross margin of € -289,776 and equity of € 744,993. Compared with financial year 2024, the result moved from € 9,334 to € -311,408. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 744,993
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -311,408
▼ still € 9,334 profit in 2024
Profit after tax over the fiscal year.
€ 504,680
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 726,393.
People and assets in 2025
€ 0
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,127
Loans from banks and other lenders, long and short.
€ 3.3 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,234
▲ 81% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 170,232 | € 96,483 | € 46,370 | € -289,776 | ▼ € 336,146 |
| Profit after taxes | € 85,061 | € 36,174 | € 9,334 | € -311,408 | ▼ € 320,742 |
| Equity | € 1,061,692 | € 1,069,966 | € 1,056,400 | € 744,993 | ▼ 29% |
| Total debts | € 4,979,593 | € 4,321,913 | € 4,090,280 | € 3,412,277 | ▼ 17% |
| Cash | € 17,172 | € 1,576,101 | € 1,325,679 | € 504,680 | ▼ 62% |
| Land & buildings | € 56,141 | € 54,171 | € 52,201 | € 50,231 | ▼ 4% |
| Retained profit | € 1,043,092 | € 1,051,366 | € 1,037,800 | € 726,393 | ▼ 30% |
| Dividend | € 27,900 | € 27,900 | € 22,900 | € 0 | ▼ 100% |
| Bank debt | € 453 | € 0 | € 0 | € 1,127 | |
| Balance sheet total | € 6,041,285 | € 5,391,879 | € 5,146,680 | € 4,157,270 | ▼ 19% |
| Employees (FTE) | 0.5 | 0.5 | 0.1 | - |
Key figures of MULTI 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 MULTI GEMS?
What happened at MULTI 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 € 311,408 (▼ € 320,742 vs 2024). Source: NBB ↗
- Yash Pankaj Shah became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 85,061 profit in 2022 to € 311,408 loss in 2025.
Paid € 32,718 in corporate taxes since 2022.
Best year ever: 2022, with € 85,061 profit.
Paid out € 78,700 in dividends to the owners in total.
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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 2025 annual accounts
Yash Pankaj Shah
Director
since 2017
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 2 box 345
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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Diacem
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+5 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
- 0477.670.263
- VAT number
- BE 0477.670.263
- Registered office
- Hoveniersstraat 2 bus 345, 2018 Antwerpen
- Names & denominations
- MULTI GEMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 2002
- Peppol
- Active · Active since 6 Oct 2025
- Activities · NACE
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