ACTIVE

MADHAV DIAM

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Financial year 2025 · closed on 30/06/2025

Net result

20,2 k €

-97.1% YoY

Gross margin

62,3 k €

-91.9% YoY

Equity

2,4 M €

+0.8% YoY

What does MADHAV DIAM do?

MADHAV DIAM is a Private limited company incorporated in 2011. Its main activity is: Wholesale of other intermediate products. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0836.780.594

Incorporation

26/05/2011

Legal form

Private limited company

Registered office

Hoveniersstraat 2 box 409
2018 Antwerpen · FlandreSee on map

Contributed capital

192 800,00 €

Latest accounts

30/06/2025

Activities (NACE)

46761Wholesale of other intermediate products· main 46861Wholesale trade, except of motor vehicles and motorcycles 32121Manufacture of jewellery and related articles 32121Manufacture of jewellery and related articles

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	62,3 k €	-91.9%	766,4 k €	+28.4%	597 k €	+142%	246,6 k €	-38.7%	402,6 k €	+2858%	13,6 k €	-21.0%	17,2 k €	-84.5%	110,9 k €	-50.4%	223,7 k €	+634%	30,5 k €	+3.0%	29,6 k €	-4.4%	30,9 k €	+6.4%	29,1 k €	-18.6%	35,7 k €
EBITDA	59,5 k €	-92.2%	764,3 k €	+28.4%	595,4 k €	+143%	245 k €	-38.9%	400,8 k €	+2867%	13,5 k €	-20.7%	17 k €	-84.6%	110,9 k €	-50.4%	223,5 k €	+657%	29,5 k €	+0.5%	29,4 k €	-1.8%	29,9 k €	+5.2%	28,4 k €	-18.7%	35 k €
Operating result	37,8 k €	-94.9%	739,1 k €	+25.1%	590,8 k €	+141%	245 k €	-38.9%	400,8 k €	+2867%	13,5 k €	-20.7%	17 k €	-84.6%	110,9 k €	-50.4%	223,5 k €	+682%	28,6 k €	+1.1%	28,3 k €	-1.4%	28,6 k €	+5.4%	27,2 k €	-18.1%	33,2 k €
Net result	20,2 k €	-97.1%	703,6 k €	+33.8%	525,7 k €	+152%	208,9 k €	-47.0%	394,3 k €	+4070%	9,5 k €	+14.5%	8,3 k €	-90.5%	87,1 k €	-53.8%	188,6 k €	+1007%	17 k €	+16.5%	14,6 k €	-35.9%	22,8 k €	+22.0%	18,7 k €	-10.6%	20,9 k €
Balance sheet
Equity	2,4 M €	+0.8%	2,4 M €	+41.2%	1,7 M €	+44.5%	1,2 M €	+21.5%	973,1 k €	+68.1%	578,8 k €	+1.7%	569,3 k €	+1.5%	561,1 k €	+18.4%	474 k €	+66.1%	285,4 k €	+5.8%	269,8 k €	+5.7%	255,2 k €	+9.8%	232,4 k €	+8.7%	213,7 k €
Total assets	2,5 M €	-14.6%	3 M €	+39.3%	2,1 M €	-18.5%	2,6 M €	+98.6%	1,3 M €	+40.6%	943 k €	-20.0%	1,2 M €	+44.0%	818,8 k €	+26.1%	649,2 k €	+33.3%	486,9 k €	-0.7%	490,1 k €	-3.7%	509,1 k €	+10.1%	462,4 k €	-11.2%	520,9 k €
Cash	29,4 k €	-87.0%	226,6 k €	+325%	53,3 k €	-24.6%	70,7 k €	+1809%	3,7 k €	-79.3%	17,9 k €	+107%	8,7 k €	-46.1%	16,1 k €	-21.8%	20,6 k €	+10.1%	18,7 k €	+751%	2,2 k €	-95.2%	46,2 k €	-50.0%	92,3 k €	+114%	43,1 k €
Debts	117,7 k €	-79.5%	574,8 k €	+31.7%	436,6 k €	-69.9%	1,5 M €	+311%	352,6 k €	-3.2%	364,1 k €	-40.3%	609,7 k €	+137%	257,7 k €	+47.1%	175,2 k €	-13.0%	201,4 k €	-8.6%	220,3 k €	-13.2%	254 k €	+10.4%	230 k €	-25.1%	307,2 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Babubhai Patel

Director

Active

Ended mandates

BABHUBHAI DIYALBHAI PATEL

Manager

Ended

Babubhai Patel

Mandate

Ended

CHIRAG ZAVERI

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
AADIBHAV DIAM● Active	0846.212.954
AELBRECHT● Active	0479.972.925
A.F.P. GROUP● Active	0417.210.064
AFRICAN DIAMONDS TRADING● Active	0419.516.387
Afrodiam● Active	0882.874.796
AFROSTARS DIAMOND● Liquidation	0425.436.456
AFTERGUT N. EN ZONEN● Active	0454.626.132
AH SHAI DIAMONDS● Active	0467.147.545
AKASH DIAMONDS● Active	0500.940.167
Alga Diamond● Active	0411.531.111
ALLURION● Active	0643.876.102
Alok International● Active	0424.004.222
ALON FRUCHTER A.L.D.● Active	0425.273.140
AMC● Active	0434.802.993
ANNA GEMS● Active	0425.436.951
ANPHILD● Active	0802.701.229
ANTWERP DIAMOND SALES● Active	0404.928.280
ANTWERP DIAMOND SYNDICATE● Liquidation	0428.074.460
ANTWERP MANUFACTURING SERVICES● Active	0541.991.656
ANTWERP MOUNTS● Active	0883.548.353

Annual accounts

Full financial information

	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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/01/2026	10/03/2025	31/01/2024	30/01/2023	17/03/2022	29/03/2021
General meeting	26/11/2025	27/11/2024	29/11/2023	30/11/2022	24/11/2021	25/11/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	26/11/2025	28/01/2026	Dutch	PDF
Abridged model	30/06/2024	27/11/2024	10/03/2025	Dutch	PDF
Abridged model	30/06/2023	29/11/2023	31/01/2024	Dutch	PDF
Abridged model	30/06/2022	30/11/2022	30/01/2023	Dutch	PDF
Abridged model	30/06/2021	24/11/2021	17/03/2022	Dutch	PDF
Abridged model	30/06/2020	25/11/2020	29/03/2021	Dutch	PDF
Abridged model	30/06/2019	23/12/2019	06/01/2020	Dutch	PDF
Abridged model	30/06/2018	21/12/2018	11/01/2019	Dutch	PDF
Abridged model	30/06/2017	29/11/2017	27/02/2018	Dutch	PDF
Abridged model	30/06/2016	30/11/2016	30/01/2017	Dutch	PDF
Abridged model	30/06/2015	25/11/2015	23/12/2015	Dutch	PDF
Abridged model	30/06/2014	26/11/2014	09/01/2015	Dutch	PDF
Abridged model	30/06/2013	27/11/2013	14/01/2014	Dutch	PDF
Abridged model	30/06/2012	05/12/2012	13/12/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 30/06/2025 · 1 active · 3 ended

Active mandates

Babubhai Patel

Director

Active

Ended mandates

BABHUBHAI DIYALBHAI PATEL

Manager

Ended

Babubhai Patel

Mandate

Ended

CHIRAG ZAVERI

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office03/05/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates22/06/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/01/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares19/08/2011
KAPITAAL - AANDELEN
PDF
Other20/06/2011
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

2025
Annual accounts 202520,2 k €↓
2024
Annual accounts 2024703,6 k €↑
2023
Annual accounts 2023525,7 k €↑
2022
Annual accounts 2022208,9 k €↓
2021
Annual accounts 2021394,3 k €↑
2020
Annual accounts 20209,5 k €↑
2019
Annual accounts 20198,3 k €↓
2018
Annual accounts 201887,1 k €↓
2017
Annual accounts 2017188,6 k €↑
2016
Annual accounts 201617 k €↑
2015
Annual accounts 201514,6 k €↓
2014
Annual accounts 201422,8 k €↑
2013
Annual accounts 201318,7 k €↓
2012
Annual accounts 201220,9 k €
26/05/2011
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MADHAV DIAM

Overview

What does MADHAV DIAM do?

Trend over 14 financial years

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