ACTIVE

DEV JEWELS

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Financial year 2024 · closed on 31/12/2024

Net result

2,9 M €

-35.0% YoY

Revenue

26,6 M €

-18.8% YoY

Equity

24,6 M €

+13.3% YoY

Workforce

1,0 ETP

0.0% YoY

What does DEV JEWELS do?

DEV JEWELS is a Private limited company incorporated in 1989. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.733.887

Incorporation

17/02/1989

Legal form

Private limited company

Registered office

Hoveniersstraat 2 box 505
2018 Antwerpen · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2024

Average workforce

1,0 ETP

Joint committees (4)

200
218
324
32402

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	26,6 M €	-18.8%	32,8 M €	-38.3%	53,1 M €		–		–		–		–		–		6,2 M €	-28.5%	8,7 M €	+19.6%	7,3 M €	+15.6%	6,3 M €	-33.6%	9,5 M €	-47.4%	18,1 M €		–		–		–		–
EBITDA	2,8 M €	-34.9%	4,3 M €	+110%	2 M €	-81.0%	10,7 M €	+74920%	-14,4 k €	-108%	178,7 k €	+11.6%	160,1 k €	-80.4%	818,4 k €	+468%	144 k €	+130%	62,6 k €	+5.8%	59,1 k €	+20.9%	48,9 k €	-24.9%	65,1 k €	-44.8%	117,8 k €	+17.8%	100,1 k €	+50.5%	66,5 k €	-34.3%	101,2 k €	-11.0%	113,6 k €
Operating result	2,8 M €	-37.9%	4,5 M €	+123%	2 M €	-80.8%	10,5 M €	+20106%	-52,5 k €	-139%	134,5 k €	+8.1%	124,5 k €	-84.0%	779,7 k €	+716%	95,6 k €	+1129%	7,8 k €	-22.5%	10 k €	-41.8%	17,2 k €	-35.5%	26,7 k €	-80.3%	135,5 k €	+731%	-21,5 k €	-197%	22,2 k €	-58.7%	53,7 k €	-12.0%	61 k €
Net result	2,9 M €	-35.0%	4,5 M €	+129%	2 M €	-81.3%	10,5 M €	+245119%	-4,3 k €	-102%	193,2 k €	+33.1%	145,2 k €	-81.5%	785,2 k €	+1049%	68,3 k €	+2071%	-3,5 k €	-423%	1,1 k €	-27.5%	1,5 k €	-90.5%	15,5 k €	-78.7%	72,7 k €	+214%	-63,5 k €	-3347%	2 k €	-75.3%	7,9 k €	-13.5%	9,2 k €
Balance sheet
Equity	24,6 M €	+13.3%	21,7 M €	+25.8%	17,3 M €	+12.5%	15,4 M €	+214%	4,9 M €	-0.1%	4,9 M €	+4.1%	4,7 M €	+3.2%	4,6 M €	+20.8%	3,8 M €	+1.8%	3,7 M €	-0.1%	3,7 M €	+0.0%	3,7 M €	+0.0%	3,7 M €	+0.4%	3,7 M €	+2.0%	3,6 M €	-1.7%	3,7 M €	+0.1%	3,7 M €	+0.2%	3,7 M €
Total assets	27,2 M €	+4.6%	26,1 M €	-2.9%	26,8 M €	+3.2%	26 M €	+169%	9,7 M €	-6.5%	10,3 M €	-9.1%	11,4 M €	+7.1%	10,6 M €	-4.6%	11,1 M €	-2.0%	11,4 M €	+18.2%	9,6 M €	-17.9%	11,7 M €	-9.0%	12,9 M €	+1.1%	12,7 M €	+57.8%	8,1 M €	+41.3%	5,7 M €	-7.3%	6,2 M €	-8.6%	6,7 M €
Cash	811,2 k €	-76.3%	3,4 M €	+82.7%	1,9 M €	-9.9%	2,1 M €	+862%	216 k €	-76.9%	936,1 k €	-13.1%	1,1 M €	+112%	507,5 k €	-34.3%	772,4 k €	-70.8%	2,6 M €	+278%	700 k €	-46.7%	1,3 M €	-39.4%	2,2 M €	-48.2%	4,2 M €	+90.9%	2,2 M €	+81.6%	1,2 M €	+109%	578,7 k €	+25.7%	460,5 k €
Debts	2,6 M €	-39.6%	4,3 M €	-54.8%	9,5 M €	-10.2%	10,6 M €	+123%	4,8 M €	-12.2%	5,4 M €	-18.4%	6,7 M €	+10.0%	6,1 M €	-17.6%	7,4 M €	-3.9%	7,6 M €	+29.7%	5,9 M €	-26.2%	8 M €	-12.7%	9,2 M €	+1.4%	9 M €	+103%	4,4 M €	+120%	2 M €	-18.3%	2,5 M €	-19.2%	3,1 M €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP		–		1,0 ETP	0.0%	1,0 ETP	-16.7%	1,2 ETP	-36.8%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	+5.6%	1,8 ETP	+12.5%	1,6 ETP	-20.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

DEVENDRA SANJU BHANDARI

Director · since 01 janvier 2014

Active

Sanju Babulal Bhandari

Administrator - manager

Active

Ended mandates

DEVENDRA SANJU BHANDARI

Manager · since 01 janvier 2014

Ended

MEHUL JIVANCHAND JHAVERI

Director

Ended

MEHUL JIVANCHAND JHAVERI

Manager

Ended

Sanju Babulal Bhandari

Director

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/11/2025	26/07/2024	21/12/2023	16/06/2022	02/07/2021	07/09/2020
General meeting	14/11/2025	24/07/2024	20/12/2023	04/06/2022	05/06/2021	06/06/2020
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
Full model	31/12/2024	14/11/2025	19/11/2025	Dutch	PDF
Full model	31/12/2023	24/07/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	20/12/2023	21/12/2023	Dutch	PDF
Abridged model	31/12/2021	04/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	05/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	06/06/2020	07/09/2020	Dutch	PDF
Abridged model	31/12/2018	01/06/2019	03/06/2019	Dutch	PDF
Abridged model	31/12/2017	02/06/2018	07/06/2018	Dutch	PDF
Full model	31/12/2016	03/06/2017	12/07/2017	Dutch	PDF
Full model	31/12/2015	04/06/2016	30/06/2016	Dutch	PDF
Full model	31/12/2014	06/06/2015	31/07/2015	Dutch	PDF
Full model	31/12/2013	07/06/2014	29/09/2014	Dutch	PDF
Full model	31/12/2012	01/06/2013	28/08/2013	Dutch	PDF
Full model	31/12/2011	02/06/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	24/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	22/09/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	30/08/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/12/2024 · 2 active · 5 ended

Active mandates

DEVENDRA SANJU BHANDARI

Director · since 01 janvier 2014

Active

Sanju Babulal Bhandari

Administrator - manager

Active

Ended mandates

DEVENDRA SANJU BHANDARI

Manager · since 01 janvier 2014

Ended

MEHUL JIVANCHAND JHAVERI

Director

Ended

MEHUL JIVANCHAND JHAVERI

Manager

Ended

Sanju Babulal Bhandari

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/06/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/11/2006
VERPLAATSING MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/04/2004
ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
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

2024
Annual accounts 20242,9 M €↓
2023
Annual accounts 20234,5 M €↑
2022
Annual accounts 20222 M €↓
2021
Annual accounts 202110,5 M €↑
2020
Annual accounts 2020-4,3 k €↓
2019
Annual accounts 2019193,2 k €↑
2018
Annual accounts 2018145,2 k €↓
2017
Annual accounts 2017785,2 k €↑
2016
Annual accounts 201668,3 k €↑
2015
Annual accounts 2015-3,5 k €↓
2014
Annual accounts 20141,1 k €↓
2013
Annual accounts 20131,5 k €↓
2012
Annual accounts 201215,5 k €↓
2011
Annual accounts 201172,7 k €↑
2010
Annual accounts 2010-63,5 k €↓
2009
Annual accounts 20092 k €↓
2008
Annual accounts 20087,9 k €↓
2007
Annual accounts 20079,2 k €
17/02/1989
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

DEV JEWELS

Overview

What does DEV JEWELS do?

Trend over 18 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