Active · per the CBE, 17 September 2026

MULTI GEMS

BE0477670263

Rechtspersoon Private limited company 1 establishment

MULTI GEMS is a wholesaler in Antwerpen. Private Limited, started on 31 May 2002, 1 establishment.

Hoveniersstraat 2 box 345, 2018 Antwerpen

Behind the company: Yash Pankaj Shah.

Active for

24 year, 3 months

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.

What it is worth Healthy

€ 744,993

▼ 29% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -311,408

▼ still € 9,334 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 504,680

▼ 62% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 726,393.

People and assets in 2025

Vehicles and equipment

€ 0

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 1,127

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 3.3 million

▼ 16% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 31,234

▲ 81% vs 2024

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 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.

Management

Yash Pankaj Shah
MULTI GEMS

Behind MULTI GEMS is Yash Pankaj Shah.

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Directors

According to the 2025 annual accounts

Yash Pankaj Shah

Director

since 2017

Establishments

Establishment units

Physical locations of this company

Registered office

Hoveniersstraat 2 box 345

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
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
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Frequently asked questions

What does MULTI GEMS do?
MULTI GEMS is a wholesaler in Antwerpen. Private Limited, started on 31 May 2002, 1 establishment.
What is the address of MULTI GEMS?
The registered office of MULTI GEMS is located at Hoveniersstraat 2 box 345, 2018 Antwerpen.
Is MULTI GEMS still active?
Yes. According to the CBE (17 September 2026) MULTI GEMS is active, legal situation “Normale toestand”, started on 31 May 2002.
Is MULTI GEMS registered on Peppol?
Yes, MULTI GEMS is registered on the Peppol network with ID 0208:0477670263.
What is the enterprise number of MULTI GEMS?
The enterprise number of MULTI GEMS is BE0477670263.
When was MULTI GEMS founded?
MULTI GEMS was founded on 31 May 2002.