Bankrupt · Opening faillissement (CBE)

Silky Diamonds

BE0535945784

Rechtspersoon Private limited company 1 establishment

Silky Diamonds is a wholesaler in Antwerpen. Private Limited, started on 25 June 2013, 1 establishment.

Dambruggestraat 242, 2060 Antwerpen

Behind the company: TARIK RACHED ABADI, Rashed Wagih Abadi.

Start date

25 June 2013

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Silky Diamonds from Antwerpen, company number BE0535945784, closed financial year 2023 with a result of € -7 million after tax. For that financial year Silky Diamonds recorded revenue of € 32.2 million and equity of € 2.6 million. Compared with financial year 2022, the result moved from € 301,382 to € -7 million. The company made a loss. The buffer shrank hard: equity is 73 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2024.

What it is worth Shrank hard

€ 2.6 million

▼ 73% vs 2022

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

Loss Caution

€ -7 million

▼ still € 301,382 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 311,270

▲ € 287,918 vs 2022

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 € 2.6 million.

People and assets in 2023

Full-time equivalents

2.4

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 98,369

▲ 11% vs 2022

€ 41,000 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.

Vehicles and equipment

€ 4,544

▲ € 3,901 vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 2 years to go

€ 56,824

▼ 28% vs 2022

€ 22,836 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6.8 million

▲ 137% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.

Taxes and wages

€ 101,226

▲ 4% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 29,068,216 € 29,166,198 € 32,154,525 ▲ 10%
Profit after taxes € 347,937 € 301,382 € -6,967,758 ▼ € 7.3 million
Equity € 9,303,395 € 9,604,777 € 2,637,019 ▼ 73%
Total debts € 1,559,691 € 3,048,643 € 6,965,791 ▲ 128%
Cash € 477,762 € 23,351 € 311,270 ▲ € 287,918
Land & buildings € 295,395 € 287,698 € 280,001 ▼ 3%
Retained profit € 9,284,795 € 9,586,177 € 2,618,419 ▼ 73%
Bank debt € 100,069 € 78,758 € 56,824 ▼ 28%
Balance sheet total € 10,863,087 € 12,653,421 € 9,602,810 ▼ 24%
Employees (FTE) 2.4 2.4 2.4

Key figures of Silky Diamonds, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Silky Diamonds?

What happened at Silky Diamonds in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Silky Diamonds is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 7 million (▼ € 7.3 million vs 2022). Source: NBB ↗
  • TARIK RACHED ABADI became a director. NBB
  • New establishment in Antwerpen. KBO
  • Rashed Wagih Abadi became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 347,937 profit in 2021 to € 7 million loss in 2023.

Paid € 228,016 in corporate taxes since 2021.

Best year ever: 2021, with € 347,937 profit.

Pays suppliers within 64 days on average.

Management

TARIK RACHED ABADI Rashed Wagih Abadi
Silky Diamonds

Behind Silky Diamonds are TARIK RACHED ABADI and Rashed Wagih Abadi.

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Directors

According to the 2023 annual accounts

TARIK RACHED ABADI

Director

since 2018

Rashed Wagih Abadi

Director

since 2013

Establishments

Establishment units

Physical locations of this company

Registered office

Dambruggestraat 242

2060 Antwerpen

2.226.999.541

Hoveniersstraat 2 box 336

2018 Antwerpen

Active since 17 February 2014

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 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
0535.945.784
VAT number
BE 0535.945.784
Registered office
Dambruggestraat 242, 2060 Antwerpen
Names & denominations
Silky Diamonds
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 June 2013
Peppol
Not registered
Activities · NACE

Groothandel in diamant en andere edelstenen

Handel in eigen onroerend goed

Frequently asked questions

What does Silky Diamonds do?
Silky Diamonds is a wholesaler in Antwerpen. Private Limited, started on 25 June 2013, 1 establishment.
What is the address of Silky Diamonds?
The registered office of Silky Diamonds is located at Dambruggestraat 242, 2060 Antwerpen.
Is Silky Diamonds still active?
No. The CBE lists Silky Diamonds with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Silky Diamonds registered on Peppol?
No, Silky Diamonds is currently not registered on the Peppol network.
What is the enterprise number of Silky Diamonds?
The enterprise number of Silky Diamonds is BE0535945784.
When was Silky Diamonds founded?
Silky Diamonds was founded on 25 June 2013.