ACTIVE

GLORIOUS GEMS

Financial year 2025 · Closed on 31/12/2025

Net result
1,2 M €
+69,6 %over 1 year
Revenue
20,6 M €
-51,5 %over 1 year
Equity
12,8 M €
+10,2 %over 1 year
Workforce
0,9 ETP
+12,5 %over 1 year

Identity

Source · BCE/KBO

GLORIOUS GEMS is a Public limited company incorporated in 1997. Its registered office is in Antwerpen. It employs on average 0,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0461.869.854
Incorporation
07/11/1997
Legal form
Public limited company
Registered office
Hoveniersstraat 30 box 223
2018 Antwerpen · FlandreSee on map
Contributed capital
6 044 070,00 €
Latest accounts
31/12/2025
Average workforce
0,9 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Revenue20,6 M €42,4 M €55 M €77,6 M €68,5 M €
EBITDA1,2 M €1,1 M €1,8 M €1,3 M €296,1 k €
Operating result1,2 M €1 M €519,2 k €1,2 M €267,5 k €
Net result1,2 M €698,3 k €170,6 k €777,4 k €33,1 k €
Balance sheet
Equity12,8 M €11,6 M €10,9 M €16,4 M €15,6 M €
Total assets13 M €21,9 M €27,8 M €31,9 M €31,3 M €
Cash1,3 M €137 k €390 k €1,9 M €3,8 M €
Debts184 k €10,3 M €16,9 M €15,5 M €15,7 M €
Other
Workforce0,9 ETP0,8 ETP0,8 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2008

2 active

Last known composition, from the accounts closed on 31/12/2008, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

MAYUR MAYUKIYA

Manager · since 28 septembre 2004

Active
KISHOR KAKADIA

Manager

Active

Other companies at this address

Hoveniersstraat 30 2018 Antwerpen
CompanyCBE no.
AAA INVESTMENTS● Active
0724.613.061
AADI● Active
0837.033.289
AAROHI DIAMONDS● Bankrupt
0429.469.280
AAYNA DIAM● Active
0783.694.276
0688.810.163
ABHIDIMON● Active
0459.870.763
A.C. DIAM● Active
0460.264.802
ADIAM● Active
0429.050.202
AFRICAN STAR● Active
0467.014.418
AJARI GEMS● Active
0461.487.891
ALISAR GEMS● Active
0478.360.547
ALLURE DIAM● Active
0882.360.005
ALMAZ● Active
0452.157.679
ALWODA● Active
0477.513.578
Amaar Jewels● Active
1029.141.789
AMIRA-AYA● Active
0458.471.191
ARHAAN DIAM● Active
0834.846.435
Arhaan Jewels● Active
0639.944.830
ARHAM DIAMONDS● Active
0544.505.639
ARKOT DIAMONDS● Active
0830.908.730

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/05/202604/07/202512/07/202411/05/202312/05/202221/05/2021
General meeting04/05/202603/07/202509/07/202419/04/202311/05/202221/04/2021
Currency of the financial yearUSDUSDUSDUSDUSDUSD
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202504/05/202607/05/2026DutchPDF
Full model31/12/202403/07/202504/07/2025DutchPDF
Full model31/12/202309/07/202412/07/2024DutchPDF
Full model31/12/202219/04/202311/05/2023DutchPDF
Full model31/12/202111/05/202212/05/2022DutchPDF
Full model31/12/202021/04/202121/05/2021DutchPDF
Full model31/12/201915/04/202024/04/2020DutchPDF
Full model31/12/201817/04/201907/05/2019DutchPDF
Full model31/12/201718/04/201827/04/2018DutchPDF
Full model31/12/201619/04/201720/04/2017DutchPDF
Full model31/12/201520/04/201613/05/2016DutchPDF
Full model31/12/201415/04/201522/06/2015DutchPDF
Full model31/12/201316/04/201406/06/2014DutchPDF
Full model31/12/201217/04/201327/05/2013DutchPDF
Full model31/12/201118/04/201207/06/2012DutchPDF
Full model31/12/201020/04/201120/05/2011DutchPDF
Full model31/12/200921/04/201016/07/2010DutchPDF
Full model31/12/200815/04/200922/06/2009DutchPDF
Full model31/12/200716/04/200812/06/2008DutchPDF
Full model31/12/200618/04/200729/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2008

2 active

Last known composition, from the accounts closed on 31/12/2008, more than two years before the latest accounts. The mandates shown may have expired.

Active mandates

MAYUR MAYUKIYA

Manager · since 28 septembre 2004

Active
KISHOR KAKADIA

Manager

Active

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring23/11/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/09/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates09/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/06/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates31/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,2 M €↑
  2. 2024
    Annual accounts 2024698,3 k €↑
  3. 2023
    Annual accounts 2023170,6 k €↓
  4. 2022
    Annual accounts 2022777,4 k €↑
  5. 2021
    Annual accounts 202133,1 k €↓
  6. 2020
    Annual accounts 2020268,3 k €↓
  7. 2016
    Annual accounts 20161,1 M €↑
  8. 2015
    Annual accounts 2015276,9 k €↓
  9. 2014
    Annual accounts 2014640,9 k €↑
  10. 2013
    Annual accounts 2013585 k €↑
  11. 2012
    Annual accounts 2012559,5 k €↑
  12. 2011
    Annual accounts 2011424,3 k €↑
  13. 2010
    Annual accounts 2010369,5 k €↑
  14. 2009
    Annual accounts 2009171,6 k €↑
  15. 2008
    Annual accounts 2008122,8 k €
  16. 07/11/1997
    IncorporationPublic limited company