Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MUNIC GEMS INVESTMENT from Antwerpen, company number BE0869835622, closed financial year 2024 with a result of € 41,802 after tax. For that financial year MUNIC GEMS INVESTMENT recorded a gross margin of € 60,082 and equity of € -92,532. Compared with financial year 2023, the result moved from € 61,115 to € 41,802. The company is profitable. 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 October 30, 2025.
€ -92,532
▲ € 41,802 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,802
▼ 32% vs 2023
Profit after tax over the fiscal year.
€ 2,437
▼ 76% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -154,032.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 53,536
▲ 71% vs 2023
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 | € -35,087 | € 30,081 | € 77,586 | € 60,082 | ▼ 23% |
| Profit after taxes | € 20,276 | € 6,435 | € 61,115 | € 41,802 | ▼ 32% |
| Equity | € -201,884 | € -195,450 | € -134,335 | € -92,532 | ▲ € 41,802 |
| Total debts | € 495,992 | € 420,865 | € 369,476 | € 379,329 | ▲ 3% |
| Cash | € 142 | € 455 | € 10,339 | € 2,437 | ▼ 76% |
| Land & buildings | € 223,987 | € 223,987 | € 223,987 | € 223,987 | |
| Retained profit | € -263,384 | € -256,950 | € -195,835 | € -154,032 | ▲ € 41,802 |
| Balance sheet total | € 294,108 | € 225,416 | € 235,141 | € 286,796 | ▲ 22% |
Key figures of MUNIC GEMS INVESTMENT, 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 GEMS INVESTMENT?
What happened at MUNIC GEMS INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mukesh SHAH stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 41,802 (▼ 32% vs 2023). filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,276 profit in 2021 to € 41,802 profit in 2024.
Best year ever: 2023, with € 61,115 profit.
A new publication or filing at MUNIC GEMS INVESTMENT? 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
Directors
According to the 2024 annual accounts
Mukesh SHAH
Managing director
Also active at: MUNIC GEMS, MUNIC JEWELS, ROSE D'ANVERS, SNOW STAR DIAMOND, Shining Star
· until 2031
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 252
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
- 0869.835.622
- VAT number
- BE 0869.835.622
- Registered office
- Hoveniersstraat 30 bus 252, 2018 Antwerpen
- Names & denominations
- MUNIC GEMS INVESTMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2004
- Peppol
- Active · Active since 12 May 2026
- Activities · NACE
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
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