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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Shining Star from Antwerpen, company number BE0875091042, closed financial year 2025 with a result of € 1,320 after tax. For that financial year Shining Star recorded a gross margin of € -896 and equity of € -91,335. Compared with financial year 2024, the result moved from € -2,858 to € 1,320. Profitable, and profit is growing. 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 26, 2026.
€ -91,335
▲ € 1,320 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,320
▲ still € 2,858 loss in 2024
Profit after tax over the fiscal year.
€ 42
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -109,935.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 72,000
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 2,036
▲ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -846 | € -1,600 | € -855 | € -896 | ▼ € 41 |
| Profit after taxes | € -2,682 | € -1,689 | € -2,858 | € 1,320 | ▲ € 4,178 |
| Equity | € -88,108 | € -89,797 | € -92,655 | € -91,335 | ▲ € 1,320 |
| Total debts | € 88,150 | € 89,839 | € 92,697 | € 91,377 | ▼ 1% |
| Cash | € 42 | € 42 | € 42 | € 42 | |
| Retained profit | € -106,708 | € -108,397 | € -111,255 | € -109,935 | ▲ € 1,320 |
| Bank debt | € 67,979 | € 67,713 | € 73,953 | € 72,000 | ▼ 3% |
| Balance sheet total | € 42 | € 42 | € 42 | € 42 |
Key figures of Shining Star, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Shining Star?
What happened at Shining Star in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,320. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Antwerpen. KBO
- Mukesh SHAH became a director. NBB
In short
From € 2,682 loss in 2022 to € 1,320 profit in 2025.
Best year ever: 2025, with € 1,320 profit.
Management
Behind Shining Star is Mukesh SHAH. Mukesh SHAH is also behind MUNIC GEMS, MUNIC JEWELS, ROSE D'ANVERS, SNOW STAR DIAMOND and MUNIC GEMS INVESTMENT.
Directors
According to the 2025 annual accounts
Mukesh SHAH
Director
Also active at: MUNIC GEMS, MUNIC JEWELS, ROSE D'ANVERS, SNOW STAR DIAMOND, MUNIC GEMS INVESTMENT
since 2005
Establishments
Establishment units
Physical locations of this company
Hoveniersstraat 30 box 252
2018 Antwerpen
Hoveniersstraat 9 box 18
2018 Antwerpen
Active since 7 July 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0875.091.042
- VAT number
- BE 0875.091.042
- Registered office
- Hoveniersstraat 30 bus 252, 2018 Antwerpen
- Names & denominations
- Shining Star
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 July 2005
- Peppol
- Not registered
- Activities · NACE
Groothandel in diamant en andere edelstenen
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