ACTIVE

SWATI GEMS

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Financial year 2025 · closed on 31/03/2025

Net result

-86,7 k €

+64.1% YoY

Gross margin

-160,7 k €

+24.6% YoY

Equity

5,9 M €

-1.4% YoY

What does SWATI GEMS do?

SWATI GEMS is a Private limited company incorporated in 1988. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0433.686.802

Incorporation

08/03/1988

Legal form

Private limited company

Registered office

Schupstraat 1 box 24
2018 Antwerpen · FlandreSee on map

Contributed capital

318 170,72 €

Latest accounts

31/03/2025

Activities (NACE)

46761Wholesale of other intermediate products· main 46861Wholesale trade, except of motor vehicles and motorcycles 51561Air transport

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-160,7 k €	+24.6%	-213,3 k €	-131%	680,7 k €	-53.5%	1,5 M €	+301%	365,5 k €	-43.3%	644,7 k €	-9.4%	711,7 k €	+59.7%	445,6 k €	-80.1%	2,2 M €	+9602%	23,1 k €	-90.8%	251,4 k €	+910%	24,9 k €	-30.8%	36 k €	-31.3%	52,3 k €	+2.9%	50,9 k €	+53.3%	33,2 k €	-8.9%	36,4 k €	-1.7%	37,1 k €	+2.8%	36,1 k €
EBITDA	-164,7 k €	+24.2%	-217,4 k €	-132%	676,5 k €	-53.7%	1,5 M €	+304%	361,7 k €	-25.5%	485,3 k €	-31.1%	704,5 k €	+59.5%	441,8 k €	-80.3%	2,2 M €	+11434%	19,4 k €	-92.2%	247,7 k €	+1077%	21 k €	+151%	-40,9 k €	-185%	48,4 k €	+1.4%	47,7 k €	+68.3%	28,3 k €	-13.5%	32,8 k €	-2.2%	33,5 k €	+3.1%	32,5 k €
Operating result	-167,3 k €	+24.1%	-220,3 k €	-133%	667,9 k €	-53.9%	1,5 M €	+312%	352,3 k €	-26.0%	476 k €	-31.4%	694,3 k €	+64.0%	423,4 k €	-81.0%	2,2 M €	+39771%	5,6 k €	-97.6%	233,4 k €	+18829%	1,2 k €	+102%	-61 k €	-288%	32,5 k €	+15.8%	28 k €	+455%	5,1 k €	-33.9%	7,6 k €	-8.2%	8,3 k €	+23.7%	6,7 k €
Net result	-86,7 k €	+64.1%	-241,4 k €	-137%	657,9 k €	-54.5%	1,4 M €	+402%	288,4 k €	-43.7%	511,8 k €	-24.8%	680,9 k €	+84.6%	368,8 k €	-81.6%	2 M €	+79382%	2,5 k €	+140%	1,1 k €	+942%	-125,2 €	+99.9%	-84,1 k €	-575%	17,7 k €	-8.6%	19,3 k €	+757%	2,3 k €	-34.1%	3,4 k €	+8.6%	3,2 k €	+38.9%	2,3 k €
Balance sheet
Equity	5,9 M €	-1.4%	6 M €	-3.9%	6,2 M €	+11.8%	5,6 M €	+34.9%	4,1 M €	+7.5%	3,9 M €	+15.3%	3,3 M €	+29.2%	2,6 M €	+16.6%	2,2 M €	+963%	208,7 k €	+87.8%	111,1 k €	+1.0%	110,1 k €	+264%	30,2 k €	-73.6%	114,3 k €	+18.3%	96,6 k €	+25.0%	77,3 k €	+3.0%	75 k €	+4.8%	71,6 k €	+4.6%	68,4 k €
Total assets	8,3 M €	-3.6%	8,6 M €	-3.5%	8,9 M €	+10.0%	8,1 M €	-10.9%	9,1 M €	-13.9%	10,6 M €	+1.8%	10,4 M €	+29.4%	8 M €	-9.8%	8,9 M €	+6.3%	8,3 M €	-8.6%	9,1 M €	+71.6%	5,3 M €	+7.8%	4,9 M €	-13.0%	5,7 M €	+32.2%	4,3 M €	+19.2%	3,6 M €	+31.5%	2,7 M €	+38.5%	2 M €	-27.8%	2,7 M €
Cash	910,2 k €	+43.8%	632,8 k €	-79.3%	3,1 M €	-13.2%	3,5 M €	-13.6%	4,1 M €	+94.0%	2,1 M €	+219%	660,1 k €	-20.3%	828,6 k €	-35.9%	1,3 M €	-4.9%	1,4 M €	+12.4%	1,2 M €	+79.9%	671,9 k €	+18.7%	566,2 k €	-11.2%	637,6 k €	+487%	108,7 k €	+1.9%	106,7 k €	-53.7%	230,3 k €	+114%	107,8 k €	-7.7%	116,8 k €
Debts	2,4 M €	-8.7%	2,6 M €	-2.5%	2,7 M €	+6.0%	2,5 M €	-48.8%	4,9 M €	-26.9%	6,7 M €	-4.6%	7 M €	+29.5%	5,4 M €	-18.6%	6,7 M €	-18.2%	8,1 M €	-9.8%	9 M €	+73.1%	5,2 M €	+6.2%	4,9 M €	-11.7%	5,6 M €	+32.6%	4,2 M €	+19.0%	3,5 M €	+32.4%	2,7 M €	+39.8%	1,9 M €	-28.6%	2,7 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 1 ended

Active mandates

Siddharth Choksi

Director · since 01 avril 2024

Active

Shashin Choksi

Director

Active

Ended mandates

SHASHIN CHOKSI

Manager

Ended

At this address

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/10/2025	24/10/2024	27/10/2023	27/10/2022	26/10/2021	10/11/2020
General meeting	16/07/2025	17/07/2024	19/07/2023	20/07/2022	22/07/2021	15/07/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	16/07/2025	30/10/2025	Dutch	PDF
Abridged model	31/03/2024	17/07/2024	24/10/2024	Dutch	PDF
Abridged model	31/03/2023	19/07/2023	27/10/2023	Dutch	PDF
Abridged model	31/03/2022	20/07/2022	27/10/2022	Dutch	PDF
Abridged model	31/03/2021	22/07/2021	26/10/2021	Dutch	PDF
Abridged model	31/03/2020	15/07/2020	10/11/2020	Dutch	PDF
Abridged model	31/03/2019	25/07/2019	26/08/2019	Dutch	PDF
Abridged model	31/03/2018	18/07/2018	30/08/2018	Dutch	PDF
Abridged model	31/03/2017	24/07/2017	21/09/2017	Dutch	PDF
Abridged model	31/03/2016	15/07/2016	23/08/2016	Dutch	PDF
Abridged model	31/03/2015	17/07/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	16/07/2014	29/08/2014	Dutch	PDF
Abridged model	31/03/2013	17/07/2013	26/09/2013	Dutch	PDF
Abridged model	31/03/2012	18/07/2012	24/09/2012	Dutch	PDF
Abridged model	31/03/2011	20/07/2011	27/10/2011	Dutch	PDF
Abridged model	31/03/2010	27/07/2010	28/09/2010	Dutch	PDF
Abridged model	31/03/2009	15/07/2009	24/07/2009	Dutch	PDF
Abridged model	31/03/2008	16/07/2008	10/11/2008	Dutch	PDF
Abridged model	31/03/2007	15/07/2007	27/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 1 ended

Active mandates

Siddharth Choksi

Director · since 01 avril 2024

Active

Shashin Choksi

Director

Active

Ended mandates

SHASHIN CHOKSI

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/01/2015
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office21/12/2004
MAATSCHAPPELIJKE ZETEL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-86,7 k €↑
2024
Annual accounts 2024-241,4 k €↓
2023
Annual accounts 2023657,9 k €↓
2022
Annual accounts 20221,4 M €↑
2021
Annual accounts 2021288,4 k €↓
2020
Annual accounts 2020511,8 k €↓
2019
Annual accounts 2019680,9 k €↑
2018
Annual accounts 2018368,8 k €↓
2017
Annual accounts 20172 M €↑
2016
Annual accounts 20162,5 k €↑
2015
Annual accounts 20151,1 k €↑
2014
Annual accounts 2014-125,2 €↑
2013
Annual accounts 2013-84,1 k €↓
2012
Annual accounts 201217,7 k €↓
2011
Annual accounts 201119,3 k €↑
2010
Annual accounts 20102,3 k €↓
2009
Annual accounts 20093,4 k €↑
2008
Annual accounts 20083,2 k €↑
2007
Annual accounts 20072,3 k €
08/03/1988
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SWATI GEMS

Overview

What does SWATI GEMS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline