Warning lights
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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SAJ from Gent, company number BE0828101965, closed financial year 2025 with a result of € -18,770 after tax. For that financial year SAJ recorded a gross margin of € 116,369 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 20,031 to € -18,770. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 1.3 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18,770
▼ still € 20,031 profit in 2024
Profit after tax over the fiscal year.
€ 12,319
▲ 27% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 78,112
▲ € 65,023 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 605,589
▲ 23% vs 2024
€ 114,727 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 3,930
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,553
▼ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 97,372 | € 103,572 | € 124,158 | € 116,369 | ▼ 6% |
| Profit after taxes | € 20,518 | € 19,491 | € 20,031 | € -18,770 | ▼ € 38,801 |
| Equity | € 1,236,361 | € 1,255,851 | € 1,275,882 | € 1,257,112 | ▼ 1% |
| Total debts | € 989,679 | € 910,027 | € 1,195,933 | € 1,577,499 | ▲ 32% |
| Cash | € 8,752 | € 9,055 | € 9,716 | € 12,319 | ▲ 27% |
| Land & buildings | € 719,672 | € 677,976 | € 985,480 | € 1,276,776 | ▲ 30% |
| Retained profit | € 1,223,961 | € 1,243,451 | € 1,263,482 | € 1,244,712 | ▼ 1% |
| Bank debt | € 377,029 | € 319,881 | € 493,998 | € 605,589 | ▲ 23% |
| Balance sheet total | € 2,226,039 | € 2,165,878 | € 2,471,815 | € 2,834,611 | ▲ 15% |
Key figures of SAJ, 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?
What happened at SAJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 18,770 (▼ € 38,801 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 20,518 profit in 2022 to € 18,770 loss in 2025.
Paid € 25,244 in corporate taxes since 2022.
Best year ever: 2022, with € 20,518 profit.
Management
Behind SAJ is Bart Van Durme. It owns 99.9% of Flanders International Trading NV itself.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Coupure 578 box 1B
9000 Gent
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
- 0828.101.965
- VAT number
- BE 0828.101.965
- Registered office
- Coupure 578 bus 1B, 9000 Gent
- Names & denominations
- SAJ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 2010
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen