ACTIVE

GRACE JEWELS

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Financial year 2024 · Closed on 31/12/2024

Net result-32,4 k €-123,1 %over 1 year

Gross margin40,2 k €-46,3 %over 1 year

Equity-187,8 k €-20,9 %over 1 year

Workforce1,6 ETP-20,0 %over 1 year

Identity

Source · BCE/KBO

GRACE JEWELS is a Public limited company incorporated in 2001. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Antwerpen. It employs on average 1,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0474.547.655
Incorporation: 09/04/2001
Legal form: Public limited company
Registered office: Hoveniersstraat 55 box 102
2018 Antwerpen · FlandreSee on map
Contributed capital: 77 000,00 €
Latest accounts: 31/12/2024
Average workforce: 1,6 ETP

Activities (NACE)

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

Joint committees (2)

Signals

Good liquidity

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	40,2 k €	-46.3%	74,8 k €	+3.0%	72,7 k €	-16.3%	86,8 k €	+44.6%	60,1 k €
EBITDA	-31,2 k €	-70.6%	-18,3 k €	-515%	4,4 k €	-78.6%	20,6 k €	+740%	-3,2 k €
Operating result	-31,9 k €	-68.4%	-19 k €	-530%	4,4 k €	-78.5%	20,5 k €	+635%	-3,8 k €
Net result	-32,4 k €	-123%	-14,5 k €	+93.6%	-226,9 k €	-1463%	16,7 k €	+353%	-6,6 k €
Balance sheet
Equity	-187,8 k €	-20.9%	-155,4 k €	-10.3%	-140,9 k €	-264%	86 k €	+24.0%	69,4 k €
Total assets	1,4 M €	+2.0%	1,3 M €	-16.7%	1,6 M €	-20.9%	2 M €	+32.9%	1,5 M €
Cash	6,4 k €	+92.8%	3,3 k €	-91.2%	37,5 k €	+802%	4,2 k €		–
Debts	1,6 M €	+4.3%	1,5 M €	-14.8%	1,8 M €	-10.3%	2 M €	+33.3%	1,5 M €
Other
Workforce	1,6 ETP	-20.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Abhay NANAVATI

Director · since 25 septembre 2023

Active

Ended mandates

Rupen Devendra Malbari

Director · since 01 janvier 2018

Ended

HEMAL GIRISH JHAVERI

Director · since 01 avril 2007 · until 31 mars 2008

Ended

ABHAY NANAVATI

Managing director

Ended

ADITE NANAVATI

Director

Ended

Other companies at this address

Hoveniersstraat 55 2018 Antwerpen

Company	CBE no.
ANTWERP DIAMOND SOLUTION● Active	0543.973.426
ANTWERP INVESTMENT DIAMONDS● Bankrupt	0849.979.524
ANTWERP LABORATORY FOR GEMSTONE TESTING● Active	0733.643.959
ANTWERP STONES INTERNATIONAL● Active	0476.462.713
ARESCO● Active	0423.380.947
AU DIAMONDS● Bankrupt	0733.939.117
AURYN● Active	0437.105.754
BLUE GEMS● Bankrupt	0452.299.419
CHIC KIDS● Liquidation	0673.837.719
CJ EXPORTS● Active	0758.685.005
DIABEX● Bankrupt	0460.287.962
DIABO INTERNATIONAL CONSULTING & INVESTMENTS● Active	0500.948.481
Diamanthandel en Nijverheid Le Diamant● Active	0404.947.284
DIAMANTICA● Active	0456.519.612
DIAMET● Active	0457.447.347
DIAM' SHELTER● Active	0567.694.775
DIA TRADE● Active	0452.622.586
D Star Group● Active	0802.467.439
D TRADING COMPANY● Bankrupt	0453.449.462
ELEGANCE GOLD EN SILVER● Bankrupt	0544.578.091

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/09/2025	18/12/2024	27/12/2023	31/01/2023	27/01/2022	27/10/2020
General meeting	15/09/2025	18/12/2024	20/12/2023	27/01/2023	12/06/2021	13/06/2020
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, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	15/09/2025	18/09/2025	Dutch	PDF
Abridged model	31/12/2023	18/12/2024	18/12/2024	Dutch	PDF
Abridged model	31/12/2022	20/12/2023	27/12/2023	Dutch	PDF
Abridged model	31/12/2021	27/01/2023	31/01/2023	Dutch	PDF
Abridged model	31/12/2020	12/06/2021	27/01/2022	Dutch	PDF
Abridged model	31/12/2019	13/06/2020	27/10/2020	Dutch	PDF
Micro model	31/12/2018	08/06/2019	11/10/2019	Dutch	PDF
Micro model	31/12/2017	09/06/2018	07/11/2018	Dutch	PDF
Abridged model	31/12/2016	10/06/2017	10/10/2017	Dutch	PDF
Abridged model	31/12/2015	11/06/2016	03/08/2016	Dutch	PDF
Abridged model	31/12/2014	13/06/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	08/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	09/06/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	11/06/2011	19/07/2011	Dutch	PDF
Abridged model	31/12/2009	12/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	10/12/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	18/02/2009	Dutch	PDF
Abridged model	31/12/2006	09/06/2007	04/04/2008	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 5 ended

Active mandates

Abhay NANAVATI

Director · since 25 septembre 2023

Active

Ended mandates

Rupen Devendra Malbari

Director · since 01 janvier 2018

Ended

HEMAL GIRISH JHAVERI

Director · since 01 avril 2007 · until 31 mars 2008

Ended

ABHAY NANAVATI

Managing director

Ended

ADITE NANAVATI

Director

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Registered office09/12/2025
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office10/02/2011
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/12/2009
ONTSLAGEN - BENOEMINGEN
PDF
Registered office07/06/2005
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Similar companies

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

See the Business plan

Timeline

2024
Annual accounts 2024-32,4 k €↓
2023
Annual accounts 2023-14,5 k €↑
2022
Annual accounts 2022-226,9 k €↓
2021
Annual accounts 202116,7 k €↑
2020
Annual accounts 2020-6,6 k €↓
2019
Annual accounts 2019168,1 k €↑
2018
Annual accounts 20182,7 k €↓
2017
Annual accounts 201774,6 k €↑
2016
Annual accounts 2016-8 k €↑
2015
Annual accounts 2015-17,6 k €↓
2014
Annual accounts 2014-7,2 k €↓
2013
Annual accounts 20132,3 k €↑
2012
Annual accounts 2012-2,6 k €↓
2011
Annual accounts 20112,6 k €↓
2010
Annual accounts 20103,5 k €↓
2009
Annual accounts 200910,6 k €↑
2008
Annual accounts 2008-138,7 k €↓
2007
Annual accounts 2007-96,4 k €
09/04/2001
IncorporationPublic limited company

GRACE JEWELS

Overview

Identity

Financials

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