ACTIVE

SWETGEMS

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Financial year 2025 · closed on 31/12/2025

Net result

7,9 k €

+103.7% YoY

Gross margin

-2,4 k €

-111.3% YoY

Equity

111,7 k €

+7.6% YoY

What does SWETGEMS do?

SWETGEMS is a Private limited company incorporated in 1991. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.359.779

Incorporation

27/02/1991

Legal form

Private limited company

Registered office

Hoveniersstraat 30 box 207
2018 Antwerpen · FlandreSee on map

Contributed capital

518 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

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

Joint committees (2)

218
32402

Signals

ProfitableSolid equityGood liquidityPositive cashflow

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	-2,4 k €	-111%	21,4 k €	+106%	-367,1 k €	-188%	415,1 k €	+529%	66 k €	+278%	-37,2 k €		–		–		–		–		–		–		116,2 k €	-5.4%	122,8 k €	+85.4%	66,2 k €	-26.2%	89,8 k €	-7.0%	96,5 k €		–		–
EBITDA	-2,8 k €	-114%	20,2 k €	+105%	-368,5 k €	-189%	413,7 k €	+587%	60,2 k €	+248%	-40,6 k €	-144%	92,9 k €	+771%	10,7 k €	-91.4%	123,3 k €	+37.0%	90 k €	-40.0%	149,9 k €	+6.6%	140,6 k €	+26.2%	111,4 k €	+22.3%	91,1 k €	+47.6%	61,7 k €	-27.8%	85,5 k €	+54.3%	55,4 k €	-32.5%	82,1 k €	+713%	-13,4 k €
Operating result	-8,6 k €	-162%	13,7 k €	+104%	-372,6 k €	-449%	106,8 k €	+100%	53,3 k €	+207%	-49,9 k €	-159%	84,2 k €	+7756%	1,1 k €	-99.1%	113,3 k €	+43.5%	78,9 k €	-42.7%	137,7 k €	+9.1%	126,2 k €	+132%	54,3 k €	-1.9%	55,4 k €	+21.3%	45,6 k €	-34.5%	69,7 k €	+86.7%	37,3 k €	-41.1%	63,3 k €	+19.5%	53 k €
Net result	7,9 k €	+104%	-214,1 k €	+40.0%	-357 k €	-3379%	10,9 k €	-69.9%	36,1 k €	+8633%	-423,6 €	-101%	68,3 k €	+206%	-64,6 k €	-462%	17,8 k €	+392%	-6,1 k €	-183%	7,3 k €	-79.5%	35,7 k €	+63.7%	21,8 k €	-5.9%	23,2 k €	+87.1%	12,4 k €	-16.3%	14,8 k €	+625%	2 k €	-77.9%	9,2 k €	-61.6%	24 k €
Balance sheet
Equity	111,7 k €	+7.6%	103,7 k €	-67.4%	317,9 k €	-56.5%	729,9 k €	+1.5%	719 k €	+5.3%	682,9 k €	-0.1%	683,3 k €	+11.1%	615 k €	-9.5%	679,6 k €	+2.7%	661,8 k €	-0.9%	667,9 k €	+1.1%	660,6 k €	+5.7%	624,8 k €	+3.6%	603 k €	+4.0%	579,8 k €	+2.2%	567,4 k €	+2.7%	552,5 k €	+994%	50,5 k €	+22.4%	41,3 k €
Total assets	281 k €	-21.9%	359,7 k €	-77.0%	1,6 M €	-31.2%	2,3 M €	+0.3%	2,3 M €	-20.6%	2,9 M €	-23.0%	3,7 M €	-12.1%	4,2 M €	-28.0%	5,8 M €	-15.5%	6,9 M €	+42.2%	4,9 M €	-1.6%	4,9 M €	-18.0%	6 M €	+141%	2,5 M €	-28.4%	3,5 M €	+46.8%	2,4 M €	-39.2%	3,9 M €	-23.3%	5,1 M €	+60.6%	3,2 M €
Cash	6,3 k €	-50.5%	12,7 k €	-43.0%	22,4 k €	-3.6%	23,2 k €	+48.2%	15,6 k €	-84.5%	101,3 k €	+2488%	3,9 k €	-71.5%	13,7 k €	-76.2%	57,8 k €	+72.0%	33,6 k €	-31.2%	48,8 k €	-22.1%	62,7 k €	-11.4%	70,8 k €	+1653%	4 k €	-80.4%	20,6 k €	-58.4%	49,4 k €	+170%	18,3 k €	-90.7%	196,9 k €	+2237%	8,4 k €
Debts	15,4 k €	-93.9%	253 k €	-79.7%	1,2 M €	-18.2%	1,5 M €	-0.3%	1,5 M €	-29.6%	2,2 M €	-28.2%	3 M €	-16.0%	3,6 M €	-30.4%	5,2 M €	-17.4%	6,2 M €	+49.1%	4,2 M €	-2.1%	4,3 M €	-20.8%	5,4 M €	+184%	1,9 M €	-34.8%	2,9 M €	+60.7%	1,8 M €	-46.0%	3,4 M €	-33.5%	5,1 M €	+75.0%	2,9 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,7 ETP	-30.0%	1,0 ETP	0.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 7 ended

Active mandates

Harshad Jayantilal Shah

Director · since 01 mai 2007

Active

Ended mandates

Parth Shah

Director · since 22 octobre 2021 · until 31 août 2024

Ended

Parth Shah

Director · since 22 octobre 2021

Ended

Parth Shah

Director · since 01 octobre 2021

Ended

Chintan Jayeshkumar Shah

Manager · since 01 juillet 2017

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/07/2026	22/08/2025	31/07/2024	30/08/2023	29/08/2022	26/10/2021
General meeting	25/06/2026	25/06/2025	25/06/2024	25/06/2023	25/06/2022	25/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	25/06/2026	24/07/2026	Dutch	PDF
Micro model	31/12/2024	25/06/2025	22/08/2025	Dutch	PDF
Micro model	31/12/2023	25/06/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	25/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	25/06/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	26/10/2021	Dutch	PDF
Full model	31/12/2019	29/07/2020	31/07/2020	Dutch	PDF
Full model	31/12/2018	30/01/2020	04/02/2020	Dutch	PDF
Full model	31/12/2017	25/06/2018	26/06/2018	Dutch	PDF
Full model	31/12/2016	14/12/2017	31/12/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Full model	31/12/2014	18/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	25/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/06/2013	26/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	13/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	02/09/2010	Dutch	PDF
Full model	31/12/2008	25/06/2009	02/07/2009	Dutch	PDF
Full model	31/12/2007	25/06/2008	01/08/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 31/12/2025 · 1 active · 7 ended

Active mandates

Harshad Jayantilal Shah

Director · since 01 mai 2007

Active

Ended mandates

Parth Shah

Director · since 22 octobre 2021 · until 31 août 2024

Ended

Parth Shah

Director · since 22 octobre 2021

Ended

Parth Shah

Director · since 01 octobre 2021

Ended

Chintan Jayeshkumar Shah

Manager · since 01 juillet 2017

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/02/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/11/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares03/02/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20257,9 k €↑
2024
Annual accounts 2024-214,1 k €↑
2023
Annual accounts 2023-357 k €↓
2022
Annual accounts 202210,9 k €↓
2021
Annual accounts 202136,1 k €↑
2020
Annual accounts 2020-423,6 €↓
2019
Annual accounts 201968,3 k €↑
2018
Annual accounts 2018-64,6 k €↓
2017
Annual accounts 201717,8 k €↑
2016
Annual accounts 2016-6,1 k €↓
2015
Annual accounts 20157,3 k €↓
2014
Annual accounts 201435,7 k €↑
2013
Annual accounts 201321,8 k €↓
2012
Annual accounts 201223,2 k €↑
2011
Annual accounts 201112,4 k €↓
2010
Annual accounts 201014,8 k €↑
2009
Annual accounts 20092 k €↓
2008
Annual accounts 20089,2 k €↓
2007
Annual accounts 200724 k €
27/02/1991
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

SWETGEMS

Overview

What does SWETGEMS 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