Classic Grown Diamonds
ActiveThe file of Classic Grown Diamonds contains 1 historical bankruptcy publication, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.6% (low). The 2025 annual accounts show equity of €776k and a net result of €8k. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 20% of 8001 sector peers (fiscal year 2025).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-23
Solvency39=
Growth78=
Track record85
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days only on tighter terms
Liquidity tight (current ratio 1.14 against 1.16 in 2024; short-term debt: 86.2% and cash: 0.6% of total assets), and 86.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
0.1%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 15-10-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
19 d late
2022
143 d late
2021
106 d late
2020
89 d late
2019
110 d late
2018
72 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€776k▲ 1.1%
2024 · €768k
2018: €-22k
2019: €23k
2020: €72k
2021: €377k
2022: €673k
2024: €768k
2018 → 2025
Total assets
€5.67M▲ 4.8%
2024 · €5.41M
2018: €16k
2019: €600k
2020: €712k
2021: €1.18M
2022: €3.62M
2024: €5.41M
2018 → 2025
Net result
€8k▼ 91.3%
2024 · €95k
2018: €-16k
2019: €45k
2020: €49k
2021: €305k
2022: €296k
2024: €95k
2018 → 2025
Working capital
€692k▼ 9.3%
2024 · €763k
2018: €-22k
2019: €23k
2020: €40k
2021: €352k
2022: €654k
2024: €763k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€72k-€377k▲ 424%€673k▲ 78.3%€768k▲ 14.1%€776k▲ 1.1%
Operating result€58k-€321k▲ 458%€320k▼ 0.3%€117k▼ 63.6%€16k▼ 85.9%
Net result€49k-€305k▲ 526%€296k▼ 3.2%€95k▼ 67.9%€8k▼ 91.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.67M
Fixed assets
€88k ▲ 693%
Current assets
€5.58M ▲ 3.4%
Equity and liabilities €5.67M
Equity
€776k ▲ 1.1%
Debt
€4.89M ▲ 5.4%
Debt's share of the balance-sheet total rises from 85.8% to 86.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €125k
Cash flow
€16k▼
2024 · €103k
Current ratio
1.14▼
2024 · 1.16
Quick ratio
0.71▼
2024 · 0.77
Debt to equity
6.31▲
2024 · 6.04
ROE
1.1%▼
2024 · 12.3%
ROA
0.1%▼
2024 · 1.8%
Interest coverage
3.53▼
2024 · 6.96
Debt ≤ 1 year
€4.89M▲
2024 · €4.63M
Income taxes
€3k▼
2024 · €7k
Staff costs
€71k▼
2024 · €98k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€5.41M€5.67M▲
Fixed assets21/28€11k€88k▲
Tangible fixed assets22/27€9k€518▼
Plant, machinery and equipment23€9k€518▼
Financial fixed assets28€2k€88k▲
Current assets29/58€5.40M€5.58M▲
Stocks and contracts in progress3€1.84M€2.11M▲
Stocks30/36€1.84M€2.11M▲
Amounts receivable within one year40/41€3.51M€3.44M▼
Trade receivables40€3.48M€3.42M▼
Other amounts receivable41€20k€20k▼
Cash at bank and in hand54/58€47k€33k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€5.41M€5.67M▲
Equity10/15€768k€776k▲
Contributions10/11€19k€19k=
Reserves13€749k€757k▲
Distributable reserves133€749k€757k▲
Amounts payable17/49€4.64M€4.89M▲
Amounts payable within one year42/48€4.63M€4.89M▲
Trade debts44€4.59M€4.85M▲
Suppliers440/4€4.59M€4.85M▲
Taxes, remuneration and social security45€41k€26k▼
Taxes450/3€23k€10k▼
Remuneration and social security454/9€18k€16k▼
Other amounts payable47/48-€17k
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€98k€71k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€2k€2k▲
Gross operating margin9900€225k€98k▼
Operating profit (loss)9901€117k€16k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€18k€7k▼
Recurring financial charges65€18k€7k▼
Profit (loss) for the period before taxes9903€102k€12k▼
Income taxes67/77€7k€3k▼
Profit (loss) for the period9904€95k€8k▼
Profit (loss) for the period to be appropriated9905€95k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€95k€8k▼
Transfer to equity691/2€95k€8k▼
To other reserves6921€95k€8k▼
Social balance
Average headcount (FTE)90871.51.5=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 30/06/2026
- Registered-office move, Sorbenlaan 13, 2610 Wilrijk (Antwerpen)
2025
15-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 143 days late
2022
31-12
Financial
Equity above €500kEq €673k ▲78.3%
4 profitable years in a row build equity to €673k.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 106 days late
2021
31-12
Financial
Highest result since 2018net €305k ▲526%
Operating result €321k, net result €305k, both a record.
31-12
Financial
Equity above €200kEq €377k ▲424%
3 profitable years in a row build equity to €377k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 110 days late
2019
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.04
Current ratio from 0.41 to 1.04.
Show earlier events
11-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 72 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
17-07
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel Antwerpen, afdeling Antwerpen · HRIDHAAN GEMS BVBA
11-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 254 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2014
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.
Sorbenlaan 132610 AntwerpenGround area
1,004 m²
Building footprint
163 m²
Volume, LiDAR
1,206 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Classic Grown Diamonds
since 20142.236.501.581
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11812M0079/00N002 | Flanders | 955 m² | 1 · 163 m² | 12.6 m · 3 fl. |
| 11808H1182/00X017 | Flanders | 49 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
DD DIAMONDS
BE 0846.748.335
Antwerpen · Eq €771k
YASHVI DIAMONDS
BE 0567.987.458
Antwerpen · Eq €788k
MASDIAM
BE 0894.537.067
Brussel · Eq €791k
SPARKLE DIAM
BE 0441.428.885
Antwerpen · Eq €760k
EUROPE PRECIOUS STONES CY
BE 0441.576.860
Antwerpen · Eq €796k
Of 1,229 companies in sector 46861 we hold annual accounts for 678. 490 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
Founded03-11-2014
Fiscal year end31-03
Activities, NACEBEL 2025
46861Wholesale of diamonds and other precious stones
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.