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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022, 2023.
Financials
Financial year 2025
SAJ Electric Europe from Ronse, company number BE0536243813, closed financial year 2025 with a result of € 650,689 after tax. For that financial year SAJ Electric Europe recorded revenue of € 43.5 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 79,530 to € 650,689. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 3.2 million
▲ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 650,689
▲ € 571,159 vs 2024
Profit after tax over the fiscal year.
€ 1.9 million
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.1 million.
People and assets in 2025
6.5
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 569,207
▲ 13% vs 2024
€ 87,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,464
▼ 65% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 10.3 million
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 89 days on average.
€ 417,570
▲ € 334,042 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 20,021,972 | € 14,879,382 | € 43,484,804 | ▲ 192% |
| Gross margin | € 2,242,520 | - | - | - | |
| Profit after taxes | € 1,034,370 | € -36,950 | € 79,530 | € 650,689 | ▲ € 571,159 |
| Equity | € 2,553,498 | € 2,516,549 | € 2,596,079 | € 3,246,768 | ▲ 25% |
| Total debts | € 15,627,298 | € 8,905,818 | € 12,477,345 | € 10,670,799 | ▼ 14% |
| Cash | € 4,143,255 | € 1,604,259 | € 1,057,304 | € 1,874,359 | ▲ 77% |
| Retained profit | € 2,383,498 | € 2,346,549 | € 2,426,079 | € 3,076,768 | ▲ 27% |
| Balance sheet total | € 19,661,157 | € 12,120,323 | € 15,757,098 | € 14,702,344 | ▼ 7% |
| Employees (FTE) | 5.9 | 7.1 | 7.8 | 6.5 | ▼ 1.3 |
Key figures of SAJ Electric Europe, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SAJ Electric Europe?
What happened at SAJ Electric Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 650,689 (▲ € 571,159 vs 2024). Source: NBB ↗
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
- Jiagan Ouyang became a director. NBB
In short
From € 1 million profit in 2022 to € 650,689 profit in 2025.
Paid € 626,229 in corporate taxes since 2022.
Best year ever: 2022, with € 1 million profit.
On average € 380,100 of value added per employee in 2022.
Management
Behind SAJ Electric Europe is Jiagan Ouyang.
Directors
According to the 2025 annual accounts
Jiagan Ouyang
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Maagdenstraat 44
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.243.813
- VAT number
- BE 0536.243.813
- Registered office
- Maagdenstraat 44, 9600 Ronse
- Names & denominations
- SAJ Electric Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 June 2013
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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