ACTIVE

EMERALD

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-52,9 k €

-659.7% YoY

Gross margin

-31,7 k €

-199.8% YoY

Equity

251,7 k €

-17.4% YoY

What does EMERALD do?

EMERALD is a Private limited company incorporated in 1995. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.842.293

Incorporation

04/08/1995

Legal form

Private limited company

Registered office

Vestingstraat 21
2018 Antwerpen · FlandreSee on map

Contributed capital

61 973,38 €

Latest accounts

31/12/2025

Activities (NACE)

46480Wholesale of watches and jewellery· main 46480Wholesale of watches and jewellery 47770Retail sale of watches and jewellery in specialised stores 51474Air transport

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	-31,7 k €	-200%	31,8 k €	-57.4%	74,5 k €	-51.6%	154 k €	+130%	67 k €	+169%	24,9 k €	-66.3%	73,9 k €	+28.3%	57,6 k €	+6132%	923,6 €	+102%	-55,6 k €	-20.4%	-46,2 k €	-267%	27,7 k €	-15.3%	32,7 k €	+9.8%	29,8 k €	+6.4%	28 k €	-40.3%	46,9 k €	+997%	-5,2 k €	-116%	32 k €
EBITDA	-37,1 k €	-240%	26,6 k €	-61.8%	69,6 k €	-53.4%	149,4 k €	+146%	60,7 k €	+167%	22,8 k €	-68.6%	72,4 k €	+53.0%	47,3 k €	+1446%	-3,5 k €	+94.4%	-62,7 k €	-28.4%	-48,8 k €	-280%	27,2 k €	-15.6%	32,2 k €	+11.0%	29 k €	+3.6%	28 k €	-40.3%	46,9 k €	+997%	-5,2 k €	-116%	32 k €
Operating result	-44,4 k €	-305%	21,6 k €	-66.9%	65,4 k €	-55.4%	146,5 k €	+174%	53,5 k €	+1847%	2,7 k €	-94.7%	51,6 k €	+630%	7,1 k €	+117%	-41,7 k €	+58.7%	-100,9 k €	-32.1%	-76,3 k €	-2267%	3,5 k €	-73.8%	13,4 k €	+52.1%	8,8 k €	+18.0%	7,5 k €	-76.7%	32,1 k €	+167%	-48,1 k €	-788%	7 k €
Net result	-52,9 k €	-660%	9,5 k €	-86.4%	69,3 k €	-18.9%	85,5 k €	+54.8%	55,3 k €	+1384%	3,7 k €	-91.5%	44 k €	+2357%	1,8 k €	+105%	-36,5 k €	+64.6%	-102,9 k €	-32.6%	-77,6 k €	-1719%	4,8 k €	-75.7%	19,8 k €	+307%	4,9 k €	-4.5%	5,1 k €	-77.7%	22,8 k €	+157%	-40,1 k €	-4513%	909,1 €
Balance sheet
Equity	251,7 k €	-17.4%	304,6 k €	+3.2%	295,2 k €	+30.7%	225,9 k €	+60.9%	140,4 k €	+64.9%	85,1 k €	+4.6%	81,4 k €	+118%	37,4 k €	+5.0%	35,6 k €	-50.6%	72,1 k €	-58.8%	175 k €	-30.7%	252,6 k €	+1.9%	247,8 k €	+8.7%	228,1 k €	+2.2%	223,2 k €	+2.3%	218,1 k €	+11.7%	195,3 k €	-17.0%	235,4 k €
Total assets	2,3 M €	+27.3%	1,8 M €	-25.5%	2,4 M €	+60.5%	1,5 M €	+65.9%	914,3 k €	+45.6%	627,9 k €	-8.8%	688,6 k €	-0.9%	694,9 k €	+16.4%	596,8 k €	-8.6%	652,9 k €	-7.7%	707,5 k €	-39.3%	1,2 M €	+36.6%	853,7 k €	+19.0%	717,6 k €	-7.6%	776,6 k €	+25.5%	618,7 k €	+88.0%	329,2 k €	-24.0%	433 k €
Cash	80,6 k €	-68.6%	256,7 k €	+32.9%	193,2 k €	+39.9%	138,1 k €	+39.0%	99,3 k €	+26.6%	78,5 k €	-24.3%	103,7 k €	+280%	27,3 k €	-18.5%	33,4 k €	-17.9%	40,7 k €	-12.3%	46,4 k €	-52.9%	98,6 k €	+150%	39,4 k €	-47.7%	75,4 k €	+246%	21,8 k €	+324%	5,1 k €	-74.2%	19,9 k €	-81.5%	107,6 k €
Debts	2,1 M €	+36.3%	1,5 M €	-29.5%	2,1 M €	+65.7%	1,3 M €	+67.0%	773,2 k €	+42.5%	542,8 k €	-10.6%	607,2 k €	-7.6%	657,5 k €	+17.2%	561,2 k €	-3.4%	580,9 k €	+9.1%	532,5 k €	-41.7%	913,7 k €	+51.0%	604,9 k €	+23.6%	489,5 k €	-11.5%	553,4 k €	+44.8%	382,2 k €	+193%	130,5 k €	-33.2%	195,5 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 11 ended

Active mandates

Albert Kricheli

Director

Active

Monica Sariashvili

Director

Active

Shimon Sariashvili

Director

Active

Yaniv Sariashvili

Director

Active

Ended mandates

Yaniv SARIASHVILI

Manager · since 01 octobre 2009

Ended

Napoleon ROZINASHVILI

Manager · since 23 mars 2009

Ended

Yaniv Sariashvili

Director · since 23 mars 2009

Ended

Yaniv SARIASHVILI

Manager · since 23 mars 2009

Ended

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	27/08/2026	25/06/2025	01/07/2024	27/06/2023	12/07/2022	02/07/2021
General meeting	20/06/2026	23/06/2025	25/06/2024	17/06/2023	18/06/2022	19/06/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	20/06/2026	27/08/2026	Dutch	PDF
Abridged model	31/12/2025	20/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	23/06/2025	25/06/2025	Dutch	PDF
Abridged model	31/12/2023	25/06/2024	01/07/2024	Dutch	PDF
Abridged model	31/12/2022	17/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	18/06/2022	12/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	02/07/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	24/06/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	25/06/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	22/06/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	01/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	23/06/2014	11/08/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	22/05/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/05/2011	20/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	05/07/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	12/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/04/2008	15/05/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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 · 4 active · 11 ended

Active mandates

Albert Kricheli

Director

Active

Monica Sariashvili

Director

Active

Shimon Sariashvili

Director

Active

Yaniv Sariashvili

Director

Active

Ended mandates

Yaniv SARIASHVILI

Manager · since 01 octobre 2009

Ended

Napoleon ROZINASHVILI

Manager · since 23 mars 2009

Ended

Yaniv Sariashvili

Director · since 23 mars 2009

Ended

Yaniv SARIASHVILI

Manager · since 23 mars 2009

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/10/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
PDF
Mandates23/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/10/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/04/2009
ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - 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 2025-52,9 k €↓
2024
Annual accounts 20249,5 k €↓
2023
Annual accounts 202369,3 k €↓
2022
Annual accounts 202285,5 k €↑
2021
Annual accounts 202155,3 k €↑
2020
Annual accounts 20203,7 k €↓
2019
Annual accounts 201944 k €↑
2018
Annual accounts 20181,8 k €↑
2017
Annual accounts 2017-36,5 k €↑
2016
Annual accounts 2016-102,9 k €↓
2015
Annual accounts 2015-77,6 k €↓
2014
Annual accounts 20144,8 k €↓
2013
Annual accounts 201319,8 k €↑
2012
Annual accounts 20124,9 k €↓
2011
Annual accounts 20115,1 k €↓
2010
Annual accounts 201022,8 k €↑
2009
Annual accounts 2009-40,1 k €↓
2008
Annual accounts 2008909,1 €
04/08/1995
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

EMERALD

Overview

What does EMERALD do?

Trend over 18 financial years

Indicative valuation

Board of directors

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