ACTIVE

MUNIC GEMS INVESTMENT

Financial year 2024 · Closed on 31/12/2024

Net result41,8 k €-31,6 %over 1 year

Gross margin60,1 k €-22,6 %over 1 year

Equity-92,5 k €+31,1 %over 1 year

Identity

Source · BCE/KBO

MUNIC GEMS INVESTMENT is a Public limited company incorporated in 2004. Its main activity is: Activities of head offices; management consultancy activities. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0869.835.622
Incorporation: 04/11/2004
Legal form: Public limited company
Registered office: Hoveniersstraat 30 box 252
2018 Antwerpen · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2024

Activities (NACE)

70322Activities of head offices; management consultancy activities· main 81100Combined facilities support activities 81100Combined facilities support activities

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	60,1 k €	-22.6%	77,6 k €	+158%	30,1 k €	+186%	-35,1 k €	-0.8%	-34,8 k €
EBITDA	44,9 k €	-28.7%	63 k €	+500%	10,5 k €	+122%	-48,7 k €	+10.4%	-54,3 k €
Operating result	44,9 k €	-28.7%	63 k €	+500%	10,5 k €	+122%	-48,7 k €	+10.4%	-54,3 k €
Net result	41,8 k €	-31.6%	61,1 k €	+850%	6,4 k €	-68.3%	20,3 k €	+124%	-83,8 k €
Balance sheet
Equity	-92,5 k €	+31.1%	-134,3 k €	+31.3%	-195,4 k €	+3.2%	-201,9 k €	+9.1%	-222,2 k €
Total assets	286,8 k €	+22.0%	235,1 k €	+4.3%	225,4 k €	-23.4%	294,1 k €	-74.5%	1,2 M €
Cash	2,4 k €	-76.4%	10,3 k €	+2170%	455,4 €	+221%	142,1 €	+414%	27,6 €
Debts	284,7 k €	-22.9%	369,5 k €	-12.2%	420,9 k €	-15.1%	496 k €	-64.0%	1,4 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 16 ended

Active mandates

Mukesh SHAH

Managing director · until 26 juin 2031

Active

Ended mandates

MUNIC FINANCE S.A.

Managing director · since 30 juin 2011 · until 30 juin 2016

Represented by Mario CASTRO

Ended

Mukesh SHAH

Managing director · until 24 juin 2010

Ended

Mukesh SHAH

Managing director · until 30 juin 2011

Ended

Mukesh SHAH

Managing director · until 30 juin 2016

Ended

Other companies at this address

Hoveniersstraat 30 2018 Antwerpen

Company	CBE no.
AAA INVESTMENTS● Active	0724.613.061
AADI● Active	0837.033.289
AAROHI DIAMONDS● Bankrupt	0429.469.280
AAYNA DIAM● Active	0783.694.276
ABBOUD DIAMONDS ANTWERP● Active	0688.810.163
ABHIDIMON● Active	0459.870.763
A.C. DIAM● Active	0460.264.802
ADIAM● Active	0429.050.202
AFRICAN STAR● Active	0467.014.418
AJARI GEMS● Active	0461.487.891
ALISAR GEMS● Active	0478.360.547
ALLURE DIAM● Active	0882.360.005
ALMAZ● Active	0452.157.679
ALWODA● Active	0477.513.578
Amaar Jewels● Active	1029.141.789
AMIRA-AYA● Active	0458.471.191
ARHAAN DIAM● Active	0834.846.435
Arhaan Jewels● Active	0639.944.830
ARHAM DIAMONDS● Active	0544.505.639
ARKOT DIAMONDS● Active	0830.908.730

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	30/10/2025	25/11/2024	29/09/2023	04/11/2022	30/08/2021	27/10/2020
General meeting	26/06/2025	27/06/2024	29/06/2023	30/06/2022	24/06/2021	25/06/2020
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	26/06/2025	30/10/2025	Dutch	PDF
Abridged model	31/12/2023	27/06/2024	25/11/2024	Dutch	PDF
Abridged model	31/12/2022	29/06/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	04/11/2022	Dutch	PDF
Abridged model	31/12/2020	24/06/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	25/06/2020	27/10/2020	Dutch	PDF
Abridged model	31/12/2018	27/06/2019	29/08/2019	Dutch	PDF
Abridged model	31/12/2017	28/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	29/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	14/10/2016	Dutch	PDF
Abridged model	31/12/2014	25/06/2015	27/09/2015	Dutch	PDF
Abridged model	31/12/2013	26/06/2014	26/08/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	29/07/2013	Dutch	PDF
Abridged model	31/12/2011	28/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	10/09/2009	Dutch	PDF
Abridged model	31/12/2007	26/06/2008	31/07/2008	Dutch	PDF
Abridged model	31/12/2006	28/06/2007	20/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 16 ended

Active mandates

Mukesh SHAH

Managing director · until 26 juin 2031

Active

Ended mandates

MUNIC FINANCE S.A.

Managing director · since 30 juin 2011 · until 30 juin 2016

Represented by Mario CASTRO

Ended

Mukesh SHAH

Managing director · until 24 juin 2010

Ended

Mukesh SHAH

Managing director · until 30 juin 2011

Ended

Mukesh SHAH

Managing director · until 30 juin 2016

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates10/09/2025
ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN
PDF
Mandates06/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/11/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares27/02/2012
KAPITAAL - AANDELEN
PDF
Mandates01/04/2009
ONTSLAGEN - BENOEMINGEN
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 202441,8 k €↓
2023
Annual accounts 202361,1 k €↑
2022
Annual accounts 20226,4 k €↓
2021
Annual accounts 202120,3 k €↑
2020
Annual accounts 2020-83,8 k €↓
2019
Annual accounts 2019-69,1 k €↓
2018
Annual accounts 201845,2 k €↑
2017
Annual accounts 2017-79,3 k €↓
2016
Annual accounts 2016-45,6 k €↓
2015
Annual accounts 2015-36,7 k €↓
2014
Annual accounts 2014-27,2 k €↓
2013
Annual accounts 2013-19 k €↓
2012
Annual accounts 2012-6,7 k €↓
2011
Annual accounts 2011-5 k €↓
2010
Annual accounts 20104,4 k €↑
2009
Annual accounts 2009-34,2 k €↓
2008
Annual accounts 2008119,6 k €↓
2007
Annual accounts 2007326,7 k €↑
2006
Annual accounts 2006-187,7 k €
04/11/2004
IncorporationPublic limited company

MUNIC GEMS INVESTMENT

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