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 2 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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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MUNIC JEWELS from Antwerpen, company number BE0478820209, closed financial year 2024 with a result of € -1,878 after tax. For that financial year MUNIC JEWELS recorded a gross margin of € -930 and equity of € -5,477. Compared with financial year 2023, the result moved from € -3,624 to € -1,878. 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 August 31, 2025.
€ -5,477
▼ € 1,878 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,878
▲ 48 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -24,077.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 5,078
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -993 | € -921 | € -3,597 | € -930 | ▲ € 2,667 |
| Profit after taxes | € -7,026 | € -1,544 | € -3,624 | € -1,878 | ▲ € 1,746 |
| Equity | € 1,568 | € 24 | € -3,600 | € -5,477 | ▼ € 1,878 |
| Total debts | € 25,264 | € 28,260 | € 18,209 | € 20,537 | ▲ 13% |
| Cash | € 721 | € 721 | - | - | |
| Retained profit | € -17,032 | € -18,576 | € -22,200 | € -24,077 | ▼ € 1,878 |
| Balance sheet total | € 26,832 | € 28,284 | € 14,610 | € 15,060 | ▲ 3% |
Key figures of MUNIC 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 MUNIC JEWELS?
What happened at MUNIC 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 € 1,878. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,026 loss in 2021 to € 1,878 loss 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
Behind MUNIC JEWELS are Mukesh SHAH and Sandhya Mukesh Shah. The same people are also behind MUNIC GEMS. Mukesh SHAH is also behind ROSE D'ANVERS, SNOW STAR DIAMOND, MUNIC GEMS INVESTMENT and Shining Star.
Directors
According to the 2024 annual accounts
Mukesh SHAH
Director
Also active at: MUNIC GEMS, ROSE D'ANVERS, SNOW STAR DIAMOND, MUNIC GEMS INVESTMENT, Shining Star
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 252
2018 Antwerpen
Hoveniersstraat 9 box 18
2018 Antwerpen
Active since 3 April 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0478.820.209
- VAT number
- BE 0478.820.209
- Registered office
- Hoveniersstraat 30 bus 252, 2018 Antwerpen
- Names & denominations
- MUNIC JEWELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 November 2002
- Peppol
- Active · Active since 31 Dec 2025