ACTIVE

DIANINE

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Financial year 2025 · closed on 31/12/2025

Net result

-1,1 M €

-248.5% YoY

Gross margin

-1 M €

-289.9% YoY

Equity

683 k €

-60.9% YoY

Workforce

0,5 ETP

What does DIANINE do?

DIANINE is a Private limited company incorporated in 2004. Its main activity is: Wholesale of watches and jewellery. Its registered office is in Antwerpen. It employs on average 0,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.820.434

Incorporation

02/03/2004

Legal form

Private limited company

Registered office

Hoveniersstraat 30 box 226
2018 Antwerpen · FlandreSee on map

Contributed capital

886 695,59 €

Latest accounts

31/12/2025

Average workforce

0,5 ETP

Activities (NACE)

46480Wholesale of watches and jewellery· main 46861Wholesale trade, except of motor vehicles and motorcycles 46180Agents specialised in the sale of other particular products 47770Retail sale of watches and jewellery in specialised stores

Joint committees (4)

Signals

Solid equityGood liquidityHealthy social debts

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-1 M €	-290%	-258,8 k €	-1.8%	-254,1 k €		–		–		–		–		–		–		–		–		–		–		–		–		146,9 k €	+34.1%	109,6 k €	+256%	30,7 k €	-71.6%	108,3 k €	+14.7%	94,4 k €
EBITDA	-1 M €	-288%	-265,6 k €	-1.8%	-261 k €	-941%	31 k €	-87.4%	246,2 k €	+262%	-151,5 k €	-141%	372,2 k €	-41.2%	633,1 k €	+101%	315,5 k €	-47.6%	601,7 k €	+14.7%	524,4 k €	+246%	151,7 k €	-24.2%	200 k €	-10.3%	222,9 k €	+130%	96,7 k €	-20.1%	121 k €	+42.6%	84,8 k €	+197%	28,6 k €	-73.0%	105,9 k €	+14.4%	92,6 k €
Operating result	-1,1 M €	-262%	-291,8 k €	-3.3%	-282,4 k €	-105098%	-268,4 €	-101%	22,7 k €	+112%	-183,9 k €	-154%	339,4 k €	-43.6%	601,6 k €	+114%	281,7 k €	-49.3%	555,5 k €	+37.0%	405,4 k €	+302%	100,7 k €	-33.3%	150,9 k €	-24.0%	198,6 k €	+1247%	-17,3 k €	-117%	100,9 k €	+50.6%	67 k €	+515%	10,9 k €	-87.6%	87,8 k €	+1.6%	86,4 k €
Net result	-1,1 M €	-248%	-305,6 k €	-2.1%	-299,3 k €	-2033%	15,5 k €	-59.9%	38,6 k €	+116%	-248,7 k €	-188%	283,6 k €	-41.5%	484,8 k €	+156%	189,5 k €	-56.6%	436,2 k €	+1143%	35,1 k €	-22.7%	45,4 k €	+18.1%	38,4 k €	+78.8%	21,5 k €	-3.5%	22,3 k €	-3.3%	23 k €	+48.5%	15,5 k €	+8.2%	14,3 k €	+92.8%	7,4 k €	-67.0%	22,5 k €
Balance sheet
Equity	683 k €	-60.9%	1,7 M €	-14.9%	2,1 M €	-12.7%	2,4 M €	+0.7%	2,3 M €	+1.7%	2,3 M €	-9.8%	2,5 M €	+12.5%	2,3 M €	+27.3%	1,8 M €	+11.9%	1,6 M €	+37.8%	1,2 M €	+3.1%	1,1 M €	+79.0%	624,6 k €	+150%	250,1 k €	+9.4%	228,6 k €	+86.9%	122,3 k €	+23.2%	99,3 k €	+18.5%	83,8 k €	+20.6%	69,5 k €	+12.0%	62 k €
Total assets	1,2 M €	-48.8%	2,3 M €	-14.6%	2,7 M €	-15.7%	3,2 M €	-3.6%	3,3 M €	-5.4%	3,5 M €	-39.9%	5,8 M €	-32.0%	8,5 M €	-3.1%	8,7 M €	-10.3%	9,8 M €	-12.1%	11,1 M €	+0.2%	11,1 M €	+21.5%	9,1 M €	+17.8%	7,7 M €	+64.5%	4,7 M €	+28.3%	3,7 M €	+61.7%	2,3 M €	+28.4%	1,8 M €	+5.8%	1,7 M €	+95.7%	852,4 k €
Cash	21,4 k €	-61.5%	55,5 k €	-59.9%	138,7 k €	-33.2%	207,6 k €	+5.2%	197,4 k €	+79.7%	109,9 k €	+18.7%	92,6 k €	-86.2%	673,2 k €	+52.2%	442,4 k €	+24.7%	354,8 k €	+551%	54,5 k €	-59.8%	135,7 k €	+63.7%	82,9 k €	+198%	27,8 k €	-75.7%	114,5 k €	-0.3%	114,9 k €	+42.2%	80,8 k €	-51.1%	165,3 k €	+121%	74,8 k €	-74.9%	297,7 k €
Debts	482,9 k €	-7.1%	519,7 k €	-11.5%	587,1 k €	-22.9%	761,3 k €	-15.6%	902,5 k €	-21.4%	1,1 M €	-63.5%	3,1 M €	-48.7%	6,1 M €	-12.1%	7 M €	-14.6%	8,2 M €	-17.9%	9,9 M €	-0.0%	9,9 M €	+17.1%	8,5 M €	+13.4%	7,5 M €	+67.3%	4,5 M €	+26.3%	3,5 M €	+63.4%	2,2 M €	+28.9%	1,7 M €	+5.2%	1,6 M €	+102%	790,4 k €
Other
Workforce	0,5 ETP		–		–		–		–		0,8 ETP	-20.0%	1,0 ETP	+25.0%	0,8 ETP		–		0,2 ETP	-77.8%	0,9 ETP	-59.1%	2,2 ETP	-4.3%	2,3 ETP	+187%	0,8 ETP	+167%	0,3 ETP	-25.0%	0,4 ETP	-33.3%	0,6 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Jay Rakesh SHAH

Director · since 01 octobre 2022

Active

Dharmesh Ramesh Gandhi

Director · since 01 octobre 2010

Active

Ended mandates

Shay Rakesh SHAH

Director · since 01 octobre 2022

Ended

Dharmesh Gandhi

Administrator - manager · since 01 octobre 2010

Ended

Dharmesh Gandhi

Manager · since 01 octobre 2010

Ended

Dharmesh Ramesh Gandhi

Manager · since 01 octobre 2010

Ended

At this address

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ALMAZ● Active	0452.157.679
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Amaar Jewels● Active	1029.141.789
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ARHAAN DIAM● Active	0834.846.435
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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full model	Full model	Full 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	02/06/2026	11/06/2025	17/07/2024	19/07/2023	13/07/2022	28/07/2021
General meeting	01/06/2026	02/06/2025	08/07/2024	12/07/2023	30/06/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	02/06/2026	Dutch	PDF
Abridged model	31/12/2024	02/06/2025	11/06/2025	Dutch	PDF
Abridged model	31/12/2023	08/07/2024	17/07/2024	Dutch	PDF
Full model	31/12/2022	12/07/2023	19/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	13/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	28/07/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	14/08/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	08/07/2019	Dutch	PDF
Full model	31/12/2017	29/06/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	26/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	26/07/2016	Dutch	PDF
Full model	31/12/2014	01/06/2015	13/07/2015	Dutch	PDF
Full model	31/12/2013	02/06/2014	23/07/2014	Dutch	PDF
Full model	31/12/2012	29/07/2013	19/08/2013	Dutch	PDF
Full model	31/12/2011	04/06/2012	01/08/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	27/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	27/07/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	31/07/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	24/07/2008	Dutch	PDF
Abridged model	31/12/2006	05/06/2007	10/07/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 11 ended

Active mandates

Jay Rakesh SHAH

Director · since 01 octobre 2022

Active

Dharmesh Ramesh Gandhi

Director · since 01 octobre 2010

Active

Ended mandates

Shay Rakesh SHAH

Director · since 01 octobre 2022

Ended

Dharmesh Gandhi

Administrator - manager · since 01 octobre 2010

Ended

Dharmesh Gandhi

Manager · since 01 octobre 2010

Ended

Dharmesh Ramesh Gandhi

Manager · since 01 octobre 2010

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Other19/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates11/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates25/02/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares05/09/2014
KAPITAAL - AANDELEN
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 2025-1,1 M €↓
2024
Annual accounts 2024-305,6 k €↓
2023
Annual accounts 2023-299,3 k €↓
2022
Annual accounts 202215,5 k €↓
2021
Annual accounts 202138,6 k €↑
2020
Annual accounts 2020-248,7 k €↓
2019
Annual accounts 2019283,6 k €↓
2018
Annual accounts 2018484,8 k €↑
2017
Annual accounts 2017189,5 k €↓
2016
Annual accounts 2016436,2 k €↑
2015
Annual accounts 201535,1 k €↓
2014
Annual accounts 201445,4 k €↑
2013
Annual accounts 201338,4 k €↑
2012
Annual accounts 201221,5 k €↓
2011
Annual accounts 201122,3 k €↓
2010
Annual accounts 201023 k €↑
2009
Annual accounts 200915,5 k €↑
2008
Annual accounts 200814,3 k €↑
2007
Annual accounts 20077,4 k €↓
2006
Annual accounts 200622,5 k €
02/03/2004
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

DIANINE

Overview

What does DIANINE do?

Trend over 20 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