OPENING OF BANKRUPTCY

BLUE GEMS

Financial year 2014 · closed on 31/12/2014
Net result
187,4 k €
-18.0% YoY
Revenue
109,7 M €
+20.6% YoY
Equity
10,8 M €
+1.8% YoY
Workforce
5,1 ETP
+4.1% YoY

Company — Opening of bankruptcy.

What does BLUE GEMS do?

BLUE GEMS is a Public limited company incorporated in 1994. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen. It employs on average 5,1 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0452.299.419
Incorporation
17/03/1994
Legal form
Public limited company
Registered office
Hoveniersstraat 55 box 53
2018 Antwerpen · FlandreSee on map
Latest accounts
31/12/2014
Average workforce
5,1 ETP
Joint committees (2)
  • 218
  • 324
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20142013201220112010200920082007
Income statement
Revenue109,7 M €90,9 M €88,8 M €106,7 M €68,9 M €33,9 M €76 M €77,3 M €
EBITDA945,7 k €1,5 M €1,2 M €792,5 k €1,6 M €2,5 M €1,9 M €3 M €
Operating result858,7 k €1,4 M €1,2 M €732,7 k €1,5 M €2,5 M €1,9 M €3 M €
Net result187,4 k €228,5 k €222 k €163,3 k €336,1 k €248,1 k €126,3 k €107,1 k €
Balance sheet
Equity10,8 M €10,6 M €10,4 M €10,2 M €10,1 M €11 M €10,8 M €10,6 M €
Total assets47,9 M €45,1 M €49,4 M €41,8 M €33,7 M €29 M €57,8 M €47,6 M €
Cash197,4 k €610,8 k €182,3 k €824,7 k €135,4 k €173,2 k €239,4 k €195,2 k €
Debts37,1 M €34,4 M €38,9 M €31,6 M €23,6 M €18 M €47 M €36,9 M €
Other
Workforce5,1 ETP4,9 ETP4,3 ETP3,4 ETP4,8 ETP5,4 ETP4,1 ETP3,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2014 · 3 active · 12 ended

Active mandates

Mitesh Naresh (20) Shah

Managing director · since 26 mai 2014 · until 25 mai 2020

Active
Nareshkumar Manekla (20) Shah

Managing director · since 26 mai 2014 · until 25 mai 2020

Active
Surekhaben Naresh (20) Shah

Director · since 26 mai 2014 · until 25 mai 2020

Active

Ended mandates

MITESH NARESH (14) SHAH

Managing director

Ended
MITESH NARESH SHAH

Managing director

Ended
MITESH NARESH SHAH

Manager

Ended
Mithesh Naresh Shah

Managing director · until 25 mai 2020

Ended
At this address

Other companies at this address

CompanyCBE no.
0543.973.426
0849.979.524
0733.643.959
0476.462.713
ARESCOActive
0423.380.947
AU DIAMONDSBankrupt
0733.939.117
AURYNActive
0437.105.754
CHIC KIDSLiquidation
0673.837.719
CJ EXPORTSActive
0758.685.005
DIABEXBankrupt
0460.287.962
0500.948.481
0404.947.284
DIAMANTICAActive
0456.519.612
DIAMETActive
0457.447.347
DIAM' SHELTERActive
0567.694.775
DIA TRADEActive
0452.622.586
D Star GroupActive
0802.467.439
D TRADING COMPANYBankrupt
0453.449.462
0544.578.091
ELIKIA DIAMONDActive
0743.660.891
Annual accounts

Full financial information

201920182017201620152014
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201501/01/2014
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201531/12/2014
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/01/202129/08/201931/07/201827/07/201715/07/201613/07/2015
General meeting29/12/202027/05/201928/05/201815/05/201721/06/201626/05/2015
Currency of the financial yearUSDUSDUSDUSDUSDEUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

14 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/201929/12/202021/01/2021DutchPDF
Full model31/12/201827/05/201929/08/2019DutchPDF
Full model31/12/201728/05/201831/07/2018DutchPDF
Full model31/12/201615/05/201727/07/2017DutchPDF
Full model31/12/201521/06/201615/07/2016DutchPDF
Full model31/12/201426/05/201513/07/2015DutchPDF
Full model31/12/201326/05/201423/07/2014DutchPDF
Full model31/12/201229/07/201319/08/2013DutchPDF
Full model31/12/201131/07/201227/08/2012DutchPDF
Full model31/12/201030/05/201124/08/2011DutchPDF
Full model31/12/200931/05/201027/07/2010DutchPDF
Full model31/12/200825/05/200931/07/2009DutchPDF
Full model31/12/200726/05/200825/07/2008DutchPDF
Full model31/12/200629/05/200727/07/2007DutchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2014 · 3 active · 12 ended

Active mandates

Mitesh Naresh (20) Shah

Managing director · since 26 mai 2014 · until 25 mai 2020

Active
Nareshkumar Manekla (20) Shah

Managing director · since 26 mai 2014 · until 25 mai 2020

Active
Surekhaben Naresh (20) Shah

Director · since 26 mai 2014 · until 25 mai 2020

Active

Ended mandates

MITESH NARESH (14) SHAH

Managing director

Ended
MITESH NARESH SHAH

Managing director

Ended
MITESH NARESH SHAH

Manager

Ended
Mithesh Naresh Shah

Managing director · until 25 mai 2020

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/10/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office20/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares12/01/2016
    KAPITAAL - AANDELEN
    PDF
  • Mandates23/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/02/2015
    DIVERSEN
    PDF
  • Other23/09/2014
    DIVERSEN
    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

Timeline

  1. 2014
    Annual accounts 2014187,4 k €
  2. 2013
    Annual accounts 2013228,5 k €
  3. 2012
    Annual accounts 2012222 k €
  4. 2011
    Annual accounts 2011163,3 k €
  5. 2010
    Annual accounts 2010336,1 k €
  6. 2009
    Annual accounts 2009248,1 k €
  7. 2008
    Annual accounts 2008126,3 k €
  8. 2007
    Annual accounts 2007107,1 k €
  9. 17/03/1994
    IncorporationPublic limited company