NORMAL SITUATION

SUGAM GEMS

Company — Normal situation.

Financial year 2025 · Closed on 30/09/2025

Net result-50,6 €+100,0 %over 1 year
Gross margin115,9 k €
Equity27,2 k €-0,2 %over 1 year

Identity

Source · BCE/KBO

SUGAM GEMS is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0425.299.072
Legal form
Private limited company
Contributed capital
24 789,35 €
Latest accounts
30/09/2025
Joint committees (3)
  • 200
  • 218
  • 324
Signals
Solid equityGood liquidityPositive EBITDA

Financials

Source · NBB, 38 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin115,9 k €––––
EBITDA49,1 k €-1,6 M €-830,6 k €175,4 k €101,1 k €
Operating result49,1 k €-1,6 M €-858,1 k €150,8 k €87,9 k €
Net result-50,6 €-1,7 M €-919,2 k €81,3 k €44,7 k €
Balance sheet
Equity27,2 k €27,2 k €1,7 M €2,7 M €2,6 M €
Total assets78,3 k €4,9 M €11 M €11,3 M €6,3 M €
Cash58,8 k €12,3 k €79,5 k €112,8 k €286,3 k €
Debts51,1 k €4,9 M €9,3 M €8,7 M €3,7 M €
Other
Workforce–0,4 ETP0,4 ETP0,8 ETP–

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriod
Shamin Shah
Directorsince 01/04/2019Managersince 01/04/2019ended

Ended mandates

DirectorMandates in this companyPeriod
Shalin SHAH
Directorsince 01/02/2018Managersince 01/02/2018
Sunil Rasiklal Shah
Directorsince 01/04/2004Managersince 01/04/2004

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date24/11/202529/04/202530/05/202430/05/202320/05/202229/04/2021
General meeting31/10/202528/04/202530/05/202426/05/202321/03/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 38 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202531/10/202524/11/2025DutchPDF
Full model30/09/202428/04/202529/04/2025DutchPDF
Full model30/09/202330/05/202430/05/2024DutchPDF
Full model30/09/202226/05/202330/05/2023DutchPDF
Full model30/09/202121/03/202220/05/2022DutchPDF
Full model30/09/202026/04/202129/04/2021DutchPDF
Full model30/09/201918/12/202015/01/2021DutchPDF
Abridged model30/09/201821/03/201921/03/2019DutchPDF
Abridged model30/09/201721/03/201830/03/2018DutchPDF
Abridged model30/09/201621/03/201706/04/2017DutchPDF
Abridged model31/12/201521/06/201629/06/2016DutchPDF
Abridged model31/12/201422/06/201531/07/2015DutchPDF
Abridged model31/12/201321/06/201426/08/2014DutchPDF
Abridged model31/12/201221/06/201326/08/2013DutchPDF
Abridged model31/12/201121/06/201225/07/2012DutchPDF
Abridged model31/12/201021/06/201118/07/2011DutchPDF
Abridged model31/12/200921/06/201026/08/2010DutchPDF
Abridged model31/12/200822/06/200927/08/2009DutchPDF
Abridged model31/12/200721/06/200827/08/2008DutchPDF
Abridged model31/12/200621/06/200702/07/2007DutchPDF
Abridged model31/12/200521/06/200610/07/2006DutchPDF
Abridged model31/12/200415/06/200529/08/2005DutchPDF
Abridged model31/12/200321/05/200422/11/2004DutchPDF
Abridged model31/12/200224/05/200323/12/2003DutchPDF
Abridged model31/12/200026/05/200124/09/2001DutchPDF
Abridged model31/12/199927/05/200020/10/2000DutchPDF
Abridged model31/12/199829/05/199915/12/1999DutchPDF
Abridged model31/12/199730/05/199820/07/1998Dutch—
Abridged model31/12/199628/05/199716/09/1997Dutch—
Abridged model31/12/199529/05/199616/10/1996Dutch—
Abridged model31/12/199420/05/199519/09/1995Dutch—
Abridged model31/12/199025/05/199129/07/1991Dutch—
Abridged model31/12/198924/05/199008/11/1990Dutch—
Abridged model31/12/198825/05/198921/12/1990Dutch—
Abridged model31/12/198725/05/198821/12/1990Dutch—
Abridged model31/12/198627/05/198705/10/1987Dutch—
Abridged model31/12/198528/05/198621/09/1987Dutch—
Abridged model31/12/198429/05/198507/07/1987Dutch—

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriod
Shamin Shah
Directorsince 01/04/2019Managersince 01/04/2019ended

Ended mandates

DirectorMandates in this companyPeriod
Shalin SHAH
Directorsince 01/02/2018Managersince 01/02/2018
Sunil Rasiklal Shah
Directorsince 01/04/2004Managersince 01/04/2004

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Dissolution05/05/2026
    ONTBINDING & VEREFFENING IN ÉÉN AKTE
    PDF
  • Mandates29/11/2024
    ONTSLAG BESTUURDER
    PDF
  • Mandates22/03/2024
    WIJZIGING RECHTSVORM, ONTSLAGEN, BENOEMINGEN,
    PDF
  • Mandates11/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/10/2016
    BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares09/01/2006
    ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts
Year
Identity
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Shamin Shah
Shalin SHAH
Sunil Rasiklal Shah
1984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
SUGAM GEMS
HOVENIERSSTRAAT 2 bte 524, 2018 Antwerp-2018
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
HOVENIERSSTRAAT 2 bte 524, 2018 Antwerp-2018
accounts 2021 → 2025
Accounts 2025 · 2025-00569876

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
SUGAM GEMS
accounts 2021 → 2025
Accounts 2025 · 2025-00569876

Events

  1. 2025
    Annual accounts 2025-50,6 €↑
  2. 2024
    Annual accounts 2024-1,7 M €↓
  3. 2023
    Annual accounts 2023-919,2 k €↓
  4. 2022
    Annual accounts 202281,3 k €↑
  5. 2021
    Annual accounts 202144,7 k €↑
  6. 2020
    Annual accounts 20205,9 k €↓
  7. 2019
    Annual accounts 2019889,5 k €↑
  8. 2018
    Annual accounts 2018790,7 k €↑
  9. 2017
    Annual accounts 2017788,8 k €↑
  10. 2016
    Annual accounts 201646,9 k €↑
  11. 2015
    Annual accounts 20153,9 k €↓
  12. 2014
    Annual accounts 20145,2 k €↑
  13. 2013
    Annual accounts 20133,8 k €↓
  14. 2012
    Annual accounts 20127,6 k €↓
  15. 2011
    Annual accounts 20119,4 k €↑
  16. 2010
    Annual accounts 20105,8 k €↓
  17. 2009
    Annual accounts 20099,8 k €↑
  18. 2008
    Annual accounts 20081,5 k €↓
  19. 2007
    Annual accounts 20077,7 k €