A.F. GEMS
InactiveInactive since 21-04-2026; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
on the day
2022
5 d early
2021
on the day
2020
92 d late
2019
120 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€513k▲ 2.0%
2023 · €503k
2018: €-87k
2019: €76k
2020: €262k
2021: €469k
2022: €503k
2023: €503k
2018 → 2024
Total assets
€594k▼ 14.9%
2023 · €698k
2018: €646k
2019: €771k
2020: €962k
2021: €925k
2022: €668k
2023: €698k
2018 → 2024
Net result
€10k
2023 · €-362
2018: €36k
2019: €176k
2020: €185k
2021: €207k
2022: €35k
2023: €-362
2018 → 2024
Working capital
€462k▲ 7.0%
2023 · €432k
2018: €-247k
2019: €-75k
2020: €245k
2021: €416k
2022: €457k
2023: €432k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€262k-€469k▲ 79.0%€503k▲ 7.4%€503k▼ 0.1%€513k▲ 2.0%
Operating result€281k-€201k▼ 28.3%€14k▼ 93.0%€-5k€11k
Net result€185k-€207k▲ 11.6%€35k▼ 83.2%€-362€10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €11k after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €594k
Fixed assets
€51k ▼ 28.4%
Current assets
€543k ▼ 13.3%
Equity and liabilities €594k
Equity
€513k ▲ 2.0%
Debt
€81k ▼ 58.5%
Debt's share of the balance-sheet total falls from 27.9% to 13.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2023 · €10k
Cash flow
€30k▲
2023 · €15k
Current ratio
6.73▲
2023 · 3.22
Quick ratio
0.97▲
2023 · 0.57
Debt to equity
0.16▼
2023 · 0.39
ROE
2.0%▲
2023 · -0.1%
ROA
1.7%▲
2023 · -0.1%
Interest coverage
1401.63▲
2023 · 95.38
Debt ≤ 1 year
€81k▼
2023 · €195k
Income taxes
€508▲
2023 · €10
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€698k€594k▼
Fixed assets21/28€71k€51k▼
Tangible fixed assets22/27€69k€49k▼
Furniture and vehicles24€69k€49k▼
Financial fixed assets28€2k€2k=
Current assets29/58€627k€543k▼
Stocks and contracts in progress3€515k€465k▼
Stocks30/36€515k€465k▼
Amounts receivable within one year40/41€98k€21k▼
Trade receivables40-€21k
Other amounts receivable41€98k-
Cash at bank and in hand54/58€12k€56k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€698k€594k▼
Equity10/15€503k€513k▲
Contributions10/11€19k€9k▼
Reserves13€450k€460k▲
Distributable reserves133€450k€460k▲
Profit (loss) carried forward14€34k€45k▲
Amounts payable17/49€195k€81k▼
Amounts payable within one year42/48€195k€81k▼
Trade debts44€9k€5k▼
Suppliers440/4€9k€5k▼
Taxes, remuneration and social security45€450€337▼
Taxes450/3€450€337▼
Other amounts payable47/48€186k€75k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€12k€32k▲
Operating profit (loss)9901€-5k€11k▲
Financial income75/76B€5k€102▼
Recurring financial income75€5k€102▼
Financial charges65/66B€105€22▼
Recurring financial charges65€105€22▼
Profit (loss) for the period before taxes9903€-352€11k▲
Income taxes67/77€10€508▲
Profit (loss) for the period9904€-362€10k▲
Profit (loss) for the period to be appropriated9905€-362€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€45k▲
Profit (loss) brought forward from the previous period14P€35k€34k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 6.73
Current ratio from 3.22 to 6.73; short-term debt falls from €195k to €81k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-362 ▼101%
Net result drops to €-362, the lowest in the series.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €500kEq €503k ▲7.4%
5 profitable years in a row build equity to €503k.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €207k ▲11.6%
Net result €207k, the highest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Equity above €200kEq €262k ▲242%
3 profitable years in a row build equity to €262k.
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 120 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hoveniersstraat 552018 AntwerpenGround area
1,776 m²
Building footprint
2,191 m²
Volume, LiDAR
69,494 m³
Parcel 11808H1183/00Z002, Flanders · tallest building 48.3 m, ±14 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1183/00Z002 | Flanders | 1,776 m² | 1 · 2,191 m² | 48.3 m · 14 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SANDGEMS
BE 0452.004.954
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DEEPDIAM
BE 0824.294.914
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DIAMASTER
BE 0862.697.511
Antwerpen · Eq €511k
S.G.I.
BE 0751.988.639
Antwerpen · Eq €510k
FIRST ELEMENT
BE 0534.592.437
Antwerpen · Eq €517k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.