ACTIVE

D. NAVINCHANDRA GEMS

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Financial year 2025 · Closed on 31/12/2025

Net result-13,8 M €-290,5 %over 1 year
Revenue48,7 M €-19,0 %over 1 year
Equity60,1 M €-18,7 %over 1 year
Workforce3,6 ETP+16,1 %over 1 year

Identity

Source · BCE/KBO

D. NAVINCHANDRA GEMS is a Private limited company incorporated in 1998. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen. It employs on average 3,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.600.126
Incorporation
12/02/1998
Legal form
Private limited company
Registered office
Hoveniersstraat 30 box 161
2018 Antwerpen · FlandreSee on map
Contributed capital
9 976 020,26 €
Latest accounts
31/12/2025
Average workforce
3,6 ETP
Joint committees (4)
  • 200
  • 218
  • 324
  • 32402
Signals
Solid equityLow riskGood liquidityHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202220212020
Income statement
Revenue48,7 M €60,2 M €111,5 M €83,6 M €55,2 M €
EBITDA-14,2 M €6,9 M €10,6 M €6,4 M €1,3 M €
Operating result-14,3 M €6,8 M €10,5 M €6,3 M €1,2 M €
Net result-13,8 M €7,2 M €10,2 M €6,1 M €1 M €
Balance sheet
Equity60,1 M €73,9 M €33,5 M €23,3 M €9,7 M €
Total assets64,6 M €79,3 M €44,4 M €44,9 M €34,4 M €
Cash1,6 M €2,9 M €431,1 k €991,9 k €159,8 k €
Debts4,4 M €5,4 M €10,8 M €21,5 M €24,7 M €
Other
Workforce3,6 ETP3,1 ETP3,2 ETP3,3 ETP2,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Rushin Haresh Choksi

Manager · since 01 septembre 2011

Active
MIHIR DILIPKUMAR MEHTA

Manager

Active

Ended mandates

MANOJ KUMAR RASIKLAL MEHTA

Manager

Ended
Rushin Haresh Choksi

Manager

Ended

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
ABBOUD DIAMONDS ANTWERP● Active
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
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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 date23/06/202625/06/202518/07/202422/06/202311/07/202217/06/2021
General meeting19/06/202620/06/202508/07/202414/06/202324/06/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202623/06/2026DutchPDF
Full model31/12/202420/06/202525/06/2025DutchPDF
Full model31/12/202308/07/202418/07/2024DutchPDF
Full model31/12/202214/06/202322/06/2023DutchPDF
Full model31/12/202124/06/202211/07/2022DutchPDF
Full model31/12/202014/06/202117/06/2021DutchPDF
Full model31/12/201924/06/202007/07/2020DutchPDF
Full model31/12/201828/06/201923/07/2019DutchPDF
Full model31/12/201714/06/201815/06/2018DutchPDF
Full model31/12/201614/06/201715/06/2017DutchPDF
Full model31/12/201514/06/201620/06/2016DutchPDF
Full model31/12/201415/06/201501/07/2015DutchPDF
Full model31/12/201330/04/201406/05/2014DutchPDF
Full model31/12/201214/06/201327/06/2013DutchPDF
Full model31/12/201114/06/201227/07/2012DutchPDF
Full model31/12/201015/07/201128/07/2011DutchPDF
Full model31/12/200918/05/201018/05/2010DutchPDF
Abridged model31/12/200815/06/200910/07/2009DutchPDF
Abridged model31/12/200714/06/200820/03/2009DutchPDF
Abridged model31/12/200614/06/200724/12/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/12/2025

2 active · 2 ended

Active mandates

Rushin Haresh Choksi

Manager · since 01 septembre 2011

Active
MIHIR DILIPKUMAR MEHTA

Manager

Active

Ended mandates

MANOJ KUMAR RASIKLAL MEHTA

Manager

Ended
Rushin Haresh Choksi

Manager

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates15/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring14/12/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring07/07/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office08/03/2023
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF
  • Registered office26/01/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares15/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other15/12/2021
    DIVERSEN
    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 2025-13,8 M €↓
  2. 01/01/2025
    reconductionFigurad Bedrijfsrevisoren — commissaris
  3. 2024
    Annual accounts 20247,2 M €↓
  4. 01/01/2023
    apport
  5. 2022
    Annual accounts 202210,2 M €↑
  6. 01/01/2022
    reconductionFigurad Bedrijfsrevisoren — commissaris
  7. 2021
    Annual accounts 20216,1 M €↑
  8. 2020
    Annual accounts 20201 M €↓
  9. 2019
    Annual accounts 20191,3 M €↓
  10. 2018
    Annual accounts 20181,6 M €↓
  11. 2017
    Annual accounts 20172,2 M €↑
  12. 2016
    Annual accounts 20161,6 M €↑
  13. 2015
    Annual accounts 201587,5 k €↓
  14. 2014
    Annual accounts 201490,7 k €↑
  15. 2013
    Annual accounts 201372,8 k €↑
  16. 2012
    Annual accounts 201263 k €↓
  17. 2011
    Annual accounts 201187,2 k €↑
  18. 2010
    Annual accounts 201061,5 k €↑
  19. 2010
    Name changeD. NAVINCHANDRA GEMS
  20. 2009
    Annual accounts 200929,1 k €↑
  21. 2008
    Annual accounts 20083,6 k €↑
  22. 2008
    Name changeDIANCO STAR
  23. 2007
    Annual accounts 2007-5,5 k €
  24. 2007
    Name changeINTER JEWELS
  25. 12/02/1998
    IncorporationPrivate limited company