ACTIVE

SIMPLEX DIAM

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Financial year 2025 · closed on 31/12/2025

Net result

-6,1 M €

-574.1% YoY

Gross margin

-2,2 M €

-207.5% YoY

Equity

5,2 M €

-54.0% YoY

Workforce

2,0 ETP

0.0% YoY

What does SIMPLEX DIAM do?

SIMPLEX DIAM is a Public limited company incorporated in 1992. Its registered office is in Antwerpen. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.464.868

Incorporation

31/01/1992

Legal form

Public limited company

Registered office

Schupstraat 1-7 box 21
2018 Antwerpen · FlandreSee on map

Contributed capital

14 700 000,00 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Joint committees (2)

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	-2,2 M €	-208%	-699,4 k €	-84.1%	-379,9 k €	-271%	222,7 k €	+263%	-136,8 k €	+73.1%	-508,6 k €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	-6,1 M €	-589%	-881,5 k €	-78.5%	-493,7 k €	-1045%	52,3 k €	+130%	-173,3 k €	+69.3%	-564,5 k €	+85.2%	-3,8 M €	-877%	489,7 k €	-70.9%	1,7 M €	-34.2%	2,6 M €	+101%	1,3 M €	+8.8%	1,2 M €	-23.7%	1,5 M €	+44.3%	1,1 M €	-41.2%	1,8 M €	-21.0%	2,3 M €	+250%	652,2 k €	-70.0%	2,2 M €
Operating result	-6,1 M €	-588%	-883,3 k €	-76.8%	-499,6 k €	-458%	139,7 k €	+148%	-294,2 k €	+48.6%	-572,0 k €	+85.1%	-3,8 M €	-1319%	315,9 k €	-80.0%	1,6 M €	-32.9%	2,4 M €	+94.4%	1,2 M €	+9.1%	1,1 M €	-24.7%	1,5 M €	+47.7%	997,4 k €	-41.9%	1,7 M €	-21.9%	2,2 M €	+289%	565,0 k €	-72.9%	2,1 M €
Net result	-6,1 M €	-574%	-901,4 k €	-73.1%	-520,7 k €	-1690%	-29,1 k €	+93.2%	-427,5 k €	+19.2%	-529,1 k €	+87.3%	-4,2 M €	-7539%	56,2 k €	-77.1%	245,5 k €	-79.9%	1,2 M €	+739%	145,9 k €	-42.7%	254,5 k €	+20.9%	210,6 k €	+0.4%	209,7 k €	-58.6%	506,7 k €	-30.1%	725,0 k €	+200%	-726,0 k €	-426%	222,4 k €
Balance sheet
Equity	5,2 M €	-54.0%	11,3 M €	-7.4%	12,2 M €	-4.1%	12,7 M €	-0.2%	12,7 M €	-3.3%	13,1 M €	-3.9%	13,7 M €	-23.4%	17,8 M €	+0.3%	17,8 M €	+1.4%	17,5 M €	+7.5%	16,3 M €	+0.6%	16,2 M €	+1.6%	16,0 M €	+1.3%	15,7 M €	+1.3%	15,5 M €	+3.4%	15,0 M €	+5.1%	14,3 M €	-4.8%	15,0 M €
Total assets	7,0 M €	-52.6%	14,7 M €	+5.9%	13,9 M €	-14.6%	16,2 M €	-11.1%	18,3 M €	+21.7%	15,0 M €	-44.4%	27,0 M €	-16.4%	32,3 M €	-8.1%	35,1 M €	-30.4%	50,5 M €	+13.3%	44,6 M €	+4.8%	42,5 M €	+9.8%	38,7 M €	-4.6%	40,6 M €	-4.4%	42,5 M €	-5.3%	44,8 M €	-5.2%	47,3 M €	-18.0%	57,7 M €
Cash	108,5 k €	-30.4%	155,9 k €	+198%	52,3 k €	+5.4%	49,6 k €	-11.2%	55,8 k €	+27.5%	43,8 k €	-63.7%	120,6 k €	-91.5%	1,4 M €	-50.8%	2,9 M €	+2328%	119,2 k €	-16.9%	143,5 k €	+59.1%	90,2 k €	-71.4%	315,7 k €	+173%	115,6 k €	-85.5%	799,4 k €	-79.1%	3,8 M €	-22.1%	4,9 M €	+133%	2,1 M €
Debts	1,8 M €	-34.1%	2,7 M €	+61.4%	1,7 M €	-47.7%	3,2 M €	-42.2%	5,5 M €	+198%	1,9 M €	-86.1%	13,3 M €	-7.8%	14,4 M €	-16.8%	17,4 M €	-47.3%	33,0 M €	+17.0%	28,2 M €	+7.4%	26,2 M €	+15.2%	22,8 M €	-8.3%	24,8 M €	-7.9%	26,9 M €	-9.5%	29,8 M €	-9.8%	33,0 M €	-22.6%	42,6 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-25.9%	2,7 ETP	-10.0%	3,0 ETP	-21.1%	3,8 ETP	+26.7%	3,0 ETP	-3.2%	3,1 ETP	-16.2%	3,7 ETP	+23.3%	3,0 ETP	0.0%	3,0 ETP	+15.4%	2,6 ETP	+30.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Chetankumar Shah

Managing director

Active

Milan Amratlal Shah

Director

Active

Ended mandates

Milan Amratlal Shah

Mandate · since 25 août 2018 · until 25 mai 2024

Ended

Chetankumar Amratlal Shah

Mandate · since 25 mai 2018 · until 25 mai 2024

Ended

CHETANKUMAR AMRATLAL SHAH

Managing director · since 25 mai 2018 · until 25 mai 2024

Ended

MILAN AMRATLAL SHAH

Director · since 25 mai 2018 · until 25 mai 2024

Ended

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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	01/01/2025	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	30/07/2026	29/08/2025	08/07/2024	24/08/2023	29/08/2022	26/08/2021
General meeting	30/06/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/05/2024	08/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	29/08/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	26/08/2021	Dutch	PDF
Full model	31/12/2019	27/04/2021	21/05/2021	Dutch	PDF
Full model	31/12/2018	04/09/2019	04/10/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	25/10/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	16/06/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	27/09/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	30/09/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	17/07/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	26/08/2013	Dutch	PDF
Full model	31/12/2011	02/01/2012	18/07/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	24/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	05/07/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	25/08/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	12/06/2008	Dutch	PDF
Full model	31/12/2006	27/05/2007	29/06/2007	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 31/12/2025 · 2 active · 15 ended

Active mandates

Chetankumar Shah

Managing director

Active

Milan Amratlal Shah

Director

Active

Ended mandates

Milan Amratlal Shah

Mandate · since 25 août 2018 · until 25 mai 2024

Ended

Chetankumar Amratlal Shah

Mandate · since 25 mai 2018 · until 25 mai 2024

Ended

CHETANKUMAR AMRATLAL SHAH

Managing director · since 25 mai 2018 · until 25 mai 2024

Ended

MILAN AMRATLAL SHAH

Director · since 25 mai 2018 · until 25 mai 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
PDF
Registered office08/07/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/03/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares16/09/2014
KAPITAAL - AANDELEN - DIVERSEN
PDF
Mandates31/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2012
ONTSLAGEN - BENOEMINGEN
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 2025-6,1 M €↓
2024
Annual accounts 2024-901,4 k €↓
2023
Annual accounts 2023-520,7 k €↓
2022
Annual accounts 2022-29,1 k €↑
2021
Annual accounts 2021-427,5 k €↑
2020
Annual accounts 2020-529,1 k €↑
2019
Annual accounts 2019-4,2 M €↓
2018
Annual accounts 201856,2 k €↓
2017
Annual accounts 2017245,5 k €↓
2016
Annual accounts 20161,2 M €↑
2015
Annual accounts 2015145,9 k €↓
2014
Annual accounts 2014254,5 k €↑
2013
Annual accounts 2013210,6 k €↑
2012
Annual accounts 2012209,7 k €↓
2011
Annual accounts 2011506,7 k €↓
2010
Annual accounts 2010725,0 k €↑
2009
Annual accounts 2009-726,0 k €↓
2008
Annual accounts 2008222,4 k €
31/01/1992
IncorporationPublic 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

SIMPLEX DIAM

Overview

What does SIMPLEX DIAM 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