ACTIVE

Pace Diamonds

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Financial year 2025 · closed on 31/12/2025
Net result
-734 k €
-138.4% YoY
Revenue
39,9 M €
+16.6% YoY
Equity
12,9 M €
-5.4% YoY
Workforce
3,4 ETP
+41.7% YoY

What does Pace Diamonds do?

Pace Diamonds is a Public limited company incorporated in 2017. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen. It employs on average 3,4 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0670.639.093
Incorporation
01/02/2017
Legal form
Public limited company
Registered office
Hoveniersstraat 53
2018 Antwerpen · FlandreSee on map
Contributed capital
6 310 837,00 €
Latest accounts
31/12/2025
Average workforce
3,4 ETP
Activities (NACE)
46761Wholesale of other intermediate products· main46861Wholesale trade, except of motor vehicles and motorcycles32121Manufacture of jewellery and related articles32121Manufacture of jewellery and related articles
Joint committees (2)
  • 200
  • 324
Contacts
2 public details availableLog in to view
Signals
Solid equityLow riskGood liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue39,9 M €34,2 M €36,8 M €43,2 M €34 M €23,4 M €31,1 M €32,4 M €20,6 M €
EBITDA-187,6 k €2,4 M €2,2 M €2,1 M €2,2 M €410,1 k €675,4 k €803,6 k €89 k €
Operating result-205,2 k €2,4 M €2,2 M €2 M €2,1 M €403 k €668,4 k €797,4 k €84,4 k €
Net result-734 k €1,9 M €1,4 M €1,5 M €2 M €54,1 k €118,5 k €285,2 k €53,8 k €
Balance sheet
Equity12,9 M €13,6 M €11,7 M €10,3 M €8,8 M €6,5 M €6,5 M €6,3 M €6,1 M €
Total assets22,8 M €24,7 M €23,9 M €22,1 M €21,1 M €16,2 M €20,8 M €19,4 M €17,1 M €
Cash1,2 M €816,1 k €458,1 k €22,9 k €755,1 k €23,2 k €254,3 k €41,3 k €216,6 k €
Debts10 M €11,1 M €12,2 M €11,9 M €12,3 M €9,7 M €14,3 M €13 M €11 M €
Other
Workforce3,4 ETP2,4 ETP2,4 ETP2,4 ETP3,2 ETP2,5 ETP3,5 ETP2,4 ETP2,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Chetan MEHTA

Managing director · since 20 juillet 2023 · until 26 juin 2029

Active
Dinesh AHUJA

Managing director · since 20 juillet 2023 · until 26 juin 2029

Active

Ended mandates

Chetan MEHTA

Managing director · since 30 janvier 2017 · until 27 juin 2023

Ended
Dinesh AHUJA

Managing director · since 30 janvier 2017 · until 27 juin 2023

Ended
At this address

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Annual accounts

Full financial information

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 date27/08/202619/09/202523/08/202422/08/202331/08/202231/08/2021
General meeting26/08/202619/09/202506/08/202420/07/202331/08/202229/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202526/08/202627/08/2026DutchPDF
Full model31/12/202419/09/202519/09/2025DutchPDF
Full model31/12/202306/08/202423/08/2024DutchPDF
Full model31/12/202220/07/202322/08/2023DutchPDF
Full model31/12/202131/08/202231/08/2022DutchPDF
Full model31/12/202029/06/202131/08/2021DutchPDF
Full model31/12/201930/06/202030/10/2020DutchPDF
Full model31/12/201829/08/201929/08/2019DutchPDF
Full model31/12/201726/06/201831/07/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 2 ended

Active mandates

Chetan MEHTA

Managing director · since 20 juillet 2023 · until 26 juin 2029

Active
Dinesh AHUJA

Managing director · since 20 juillet 2023 · until 26 juin 2029

Active

Ended mandates

Chetan MEHTA

Managing director · since 30 janvier 2017 · until 27 juin 2023

Ended
Dinesh AHUJA

Managing director · since 30 janvier 2017 · until 27 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates25/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/09/2021
    MAATSCHAPPELIJKE ZETEL - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/08/2018
    KAPITAAL - AANDELEN
    PDF
  • Capital / shares08/03/2017
    KAPITAAL - AANDELEN
    PDF
  • Other03/02/2017
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025-734 k €↓
  2. 2024
    Annual accounts 20241,9 M €↑
  3. 2023
    Annual accounts 20231,4 M €↓
  4. 2022
    Annual accounts 20221,5 M €↓
  5. 2021
    Annual accounts 20212 M €↑
  6. 2020
    Annual accounts 202054,1 k €↓
  7. 2019
    Annual accounts 2019118,5 k €↓
  8. 2018
    Annual accounts 2018285,2 k €↑
  9. 2017
    Annual accounts 201753,8 k €
  10. 01/02/2017
    IncorporationPublic limited company