ACTIVE

PASSION JEWELS

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Financial year 2025 · Closed on 31/12/2025

Net result6,7 k €-96,0 %over 1 year

Gross margin83,8 k €-71,3 %over 1 year

Equity980,2 k €+0,7 %over 1 year

Workforce1,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

PASSION JEWELS is a Private limited company incorporated in 2001. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Antwerpen. It employs on average 1,9 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.131.743
Incorporation: 20/02/2001
Legal form: Private limited company
Registered office: Schupstraat 20 box 15
2018 Antwerpen · FlandreSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 1,9 ETP

Activities (NACE)

46480Wholesale of watches and jewellery· main 46480Wholesale of watches and jewellery 51474Air transport

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	83,8 k €	-71.3%	291,7 k €	+546%	45,2 k €	-23.0%	58,7 k €	+820%	-8,1 k €
EBITDA	627,8 €	-99.7%	210,9 k €	+736%	-33,2 k €	-530%	-5,3 k €	+83.6%	-32 k €
Operating result	-17,8 k €	-108%	210,9 k €	+546%	-47,3 k €	-129%	-20,7 k €	+57.0%	-48 k €
Net result	6,7 k €	-96.0%	169,3 k €	+133%	72,5 k €	+44.8%	50,1 k €	+5.7%	47,4 k €
Balance sheet
Equity	980,2 k €	+0.7%	973,5 k €	+21.0%	804,2 k €	+9.9%	731,7 k €	+7.3%	681,6 k €
Total assets	3,1 M €	-26.9%	4,3 M €	+62.3%	2,7 M €	+1.7%	2,6 M €	-21.9%	3,3 M €
Cash	492,7 k €	-15.7%	584,2 k €	+134%	250 k €	+24.9%	200,1 k €	-35.5%	310,5 k €
Debts	2,2 M €	-32.3%	3,2 M €	+84.8%	1,7 M €	-3.2%	1,8 M €	-31.4%	2,6 M €
Other
Workforce	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP	0.0%	1,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 9 ended

Active mandates

Shrowen Shah

Director

Active

Ended mandates

SONIK SUNILBHAI JHAVERI

Manager · since 25 avril 2007 · until 31 mars 2017

Ended

SONIK SUNILBHAI JHAVERI

Manager · since 25 avril 2007

Ended

BHAVIN KOTHARI

Manager · since 01 septembre 2006

Ended

SHROWEN SHAH

Manager · since 18 janvier 2005

Ended

Other companies at this address

Schupstraat 20 2018 Antwerpen

Company	CBE no.
3D DIAMONDS● Active	0471.812.948
DE BISTHOEVE● Active	0867.169.508
De Gulden Spoor● Active	0404.706.863
DIAMOND CREATIONS● Active	0454.918.221
DIAMSCAN● Active	0461.972.792
FINBU - INVEST● Active	0449.596.879
FORESEE'S● Active	0479.226.817
JASIMMO● Active	0445.612.654
Kimberlite Diamond (Belgium)● Active	0831.023.645
LECHEM● Active	0435.115.868
LES DEUX ROSES● Active	0440.223.414
PH. DIAMOND CO East West Marketing Co● Liquidation	0425.963.226
Symcorp● Active	0470.060.614
TEXO● Active	0807.226.278
THE LOVE GROUP● Active	1017.670.055
Tsira● Active	0550.655.934
UNIQUE DIAMONDS● Active	0423.481.907

Full financial information

Source · NBB

	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	27/07/2026	10/07/2025	22/08/2024	27/06/2023	23/08/2022	09/07/2021
General meeting	30/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	27/07/2026	Dutch	PDF
Abridged model	31/12/2024	10/06/2025	10/07/2025	Dutch	PDF
Abridged model	31/12/2023	11/06/2024	22/08/2024	Dutch	PDF
Abridged model	31/12/2022	13/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	23/08/2022	Dutch	PDF
Abridged model	31/12/2020	08/06/2021	09/07/2021	Dutch	PDF
Abridged model	31/12/2019	09/06/2020	26/06/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	12/06/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	22/08/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	09/06/2015	02/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	17/07/2014	Dutch	PDF
Abridged model	31/12/2012	11/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	12/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	08/06/2010	22/06/2010	Dutch	PDF
Abridged model	31/12/2008	09/06/2009	18/09/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	10/07/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	27/09/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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

1 active · 9 ended

Active mandates

Shrowen Shah

Director

Active

Ended mandates

SONIK SUNILBHAI JHAVERI

Manager · since 25 avril 2007 · until 31 mars 2017

Ended

SONIK SUNILBHAI JHAVERI

Manager · since 25 avril 2007

Ended

BHAVIN KOTHARI

Manager · since 01 septembre 2006

Ended

SHROWEN SHAH

Manager · since 18 janvier 2005

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates20/07/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Registered office25/02/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates05/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/07/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/09/2006
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/04/2006
ONTSLAGEN - BENOEMINGEN
PDF

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

See the Business plan

Timeline

2025
Annual accounts 20256,7 k €↓
2024
Annual accounts 2024169,3 k €↑
2023
Annual accounts 202372,5 k €↑
2022
Annual accounts 202250,1 k €↑
2021
Annual accounts 202147,4 k €↑
2020
Annual accounts 20202,7 k €↓
2019
Annual accounts 201921,4 k €↑
2018
Annual accounts 2018979,9 €↓
2017
Annual accounts 201732,4 k €↓
2016
Annual accounts 201668,8 k €↓
2015
Annual accounts 2015179,2 k €↑
2014
Annual accounts 201459 k €↓
2013
Annual accounts 201360,5 k €↑
2012
Annual accounts 201216,2 k €↓
2011
Annual accounts 201117,3 k €↓
2010
Annual accounts 201056 k €↑
2009
Annual accounts 200915 k €↓
2008
Annual accounts 200848,3 k €↑
2007
Annual accounts 200743,2 k €↑
2006
Annual accounts 20063,7 k €
20/02/2001
IncorporationPrivate limited company

PASSION JEWELS

Overview

Identity

Financials

Valuation

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

Timeline