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 4 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
FREEDOM DIAMONDS from Antwerpen, company number BE0836108722, closed financial year 2023 with a result of € -795,789 after tax. For that financial year FREEDOM DIAMONDS recorded a gross margin of € -665,196 and equity of € 384,851. Compared with financial year 2022, the result moved from € 8,052 to € -795,789. The company made a loss. The buffer shrank hard: equity is 67 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 7, 2024.
€ 384,851
▼ 67% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -795,789
▼ still € 8,052 profit in 2022
Profit after tax over the fiscal year.
€ 36,886
▼ 45% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 378,651.
People and assets in 2023
2
▲ 1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 82,317
▲ 88% vs 2022
€ 41,200 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.
€ 16,591
▼ 32% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 7.2 million
▲ 83% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 72,266
▼ 17% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 484,913 | € 123,538 | € -665,196 | ▼ € 788,734 |
| Profit after taxes | € 393,419 | € 8,052 | € -795,789 | ▼ € 803,840 |
| Equity | € 1,172,588 | € 1,180,639 | € 384,851 | ▼ 67% |
| Total debts | € 2,189,201 | € 4,041,459 | € 7,281,014 | ▲ 80% |
| Cash | € 354,774 | € 66,906 | € 36,886 | ▼ 45% |
| Retained profit | € 1,166,388 | € 1,174,439 | € 378,651 | ▼ 68% |
| Balance sheet total | € 3,361,789 | € 5,222,098 | € 7,665,864 | ▲ 47% |
| Employees (FTE) | 0.8 | 1 | 2 | ▲ 1 |
Key figures of FREEDOM 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 FREEDOM DIAMONDS?
What happened at FREEDOM DIAMONDS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 795,789 (▼ € 803,840 vs 2022). Source: NBB ↗
- Hussein Abadi became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 393,419 profit in 2021 to € 795,789 loss in 2023.
Paid € 110,018 in corporate taxes since 2021.
Best year ever: 2021, with € 393,419 profit.
On average € 123,500 of value added per employee in 2022.
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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 FREEDOM DIAMONDS is Hussein Abadi.
Directors
According to the 2023 annual accounts
Hussein Abadi
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 134
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
- 0836.108.722
- VAT number
- BE 0836.108.722
- Registered office
- Hoveniersstraat 30 bus 134, 2018 Antwerpen
- Names & denominations
- FREEDOM DIAMONDS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2011
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
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