Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ARHAAN DIAM from Antwerpen, company number BE0834846435, closed financial year 2024 with a result of € -6.4 million after tax. For that financial year ARHAAN DIAM recorded revenue of € 36 million and equity of € 4.1 million. Compared with financial year 2023, the result moved from € 346,438 to € -6.4 million. The company made a loss. The buffer shrank hard: equity is 61 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2025.
€ 4.1 million
▼ 61% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.4 million
▼ still € 346,438 profit in 2023
Profit after tax over the fiscal year.
€ 191,014
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.5 million.
People and assets in 2024
1.7
▲ 0.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 63,980
▼ 10% vs 2023
€ 37,600 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.
€ 30,093
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 338,659
▼ 26% vs 2023
€ 42,076 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 25.9 million
▼ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 226 days on average.
€ 202,470
▲ 3% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 50,271,755 | € 59,959,076 | € 53,212,900 | € 36,033,619 | ▼ 32% |
| Profit after taxes | € 5,490,318 | € 3,018,158 | € 346,438 | € -6,375,448 | ▼ € 6.7 million |
| Equity | € 7,119,256 | € 10,137,414 | € 10,483,851 | € 4,108,404 | ▼ 61% |
| Total debts | € 37,089,901 | € 31,554,815 | € 42,526,005 | € 34,441,147 | ▼ 19% |
| Cash | € 319,651 | € 176,653 | € 768,784 | € 191,014 | ▼ 75% |
| Land & buildings | € 520,822 | € 506,652 | € 492,482 | € 478,312 | ▼ 3% |
| Retained profit | € 6,559,256 | € 9,577,414 | € 9,923,851 | € 3,548,404 | ▼ 64% |
| Bank debt | € 1,061,040 | € 350,643 | € 458,672 | € 338,659 | ▼ 26% |
| Balance sheet total | € 44,209,157 | € 41,692,229 | € 53,009,857 | € 38,549,551 | ▼ 27% |
| Employees (FTE) | 3.2 | 2.7 | 1.6 | 1.7 | ▲ 0.1 |
Key figures of ARHAAN DIAM, 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 ARHAAN DIAM?
What happened at ARHAAN DIAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 6.4 million (▼ € 6.7 million vs 2023). filed late Source: NBB ↗
- Nirmalkumar Vinodrai DHOLAKIA became a director. NBB
- Anuj Kaushik BUDDHDEV became a director. NBB
- New establishment in Antwerpen. KBO
- Darshit Ajit Shah became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5.5 million profit in 2021 to € 6.4 million loss in 2024.
Paid € 414,519 in corporate taxes since 2021.
Best year ever: 2021, with € 5.5 million profit.
A new publication or filing at ARHAAN DIAM? We notify you, reason included.
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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 ARHAAN DIAM are Nirmalkumar Vinodrai DHOLAKIA, Darshit Ajit Shah and Anuj Kaushik BUDDHDEV. It owns 60% of FLAWLESS DIAMOND itself.
Directors
According to the 2024 annual accounts
Nirmalkumar Vinodrai DHOLAKIA
Director
since 2025
since 2011
Anuj Kaushik BUDDHDEV
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 1
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
- 0834.846.435
- VAT number
- BE 0834.846.435
- Registered office
- Hoveniersstraat 30 bus 1, 2018 Antwerpen
- Names & denominations
- ARHAAN DIAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2011
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
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