Skip to content

SAJ

Active
Private limited companyfounded 2010active for 16 yearsCoupure 578, 9000 Gent, BelgiumKBO/BCE: BE 0828.101.965
Summary

SAJ has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€18,770. Equity has been stable since 2018 (±1.6% per year). Its solvency ranks better than 51% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 23-07-2010 Normal situation
Activity
Agents in the wholesale of industrial machinery, ships and aircraft NACE 46140
Establishment unit
2.190.359.176 9000 Gent, since 23-07-2010
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€116,369
▼ 6.3%
Turnover
≈ €440,000
estimated
Loss
€18,770
Equity
€1.3m
▼ 1.5%
Total assets
€2.8m
▲ 14.7%
Score breakdownraises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.07, cash €12,319lowers riskSize: total assets €2.8mFigures for financial year 2025 (filed on 25-06-2026)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 69-8
equity 44.3% of total assets
Liquidity 35-6
short-term debt 34.9% · cash 0.4%
Profitability 56-14
return on assets -0.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,372 companies, NACE 46, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.1%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.2%▲ +0.1 percentage points vs 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.07 (0.09 in 2024), below 1. Short-term debt is 34.9% and cash 0.4% of total assets. 55.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 52% of them on solvency, 37% on liquidity, 38% on profitability and 28% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €2.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 25-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.07, cash €12,319
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
7 days early
2023
15 days early
2022
17 days early
2021
6 days early
2020
53 days early
2019
39 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 83% of companies in wholesale tradesector median €26,853 · 9,827 companies -€18,770 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Zwalm to GentNew seat: Coupure 578 bus 1B, 9000 Gent · Previous seat: Heufkensstraat 109, 9630 Zwalm
  2. · Gazette deed Company renamed to SAJChange of role: Bart Van Durme, from manager to director
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as SAJ: agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140). They are comparable in size and age: total assets between €706,000 and €2m, founded between 2005 and 2016.

CompanyTotal assetsGross margin
SAJ Gent€2.8m€0.1m
DM TECHNICS Willebroek€1.3m€0.07m
AGRINIX Welkenraedt€1.7m€0.2m
BIT Invest Kruisem€0.9m€0.07m
DE CEUNYNCK Diksmuide€2.0m€0.2m
HABIVEST Merelbeke-Melle€0.9m€0.1m
Powerplay Gent€0.7m€0.1m
Full comparison

Key facts about SAJ

What is the company number of SAJ?
The company number of SAJ is 0828.101.965. The VAT number is the same number with BE in front: BE 0828.101.965.
Where is SAJ based?
The registered office is at Coupure 578, 9000 Gent.Company details
What does SAJ do?
According to the KBO register, the main activity is agents in the wholesale of industrial machinery, ships and aircraft (NACE 46140).
What is the legal form of SAJ?
The legal form of SAJ is Private limited company (BV).
When was SAJ founded?
SAJ was founded on 23-07-2010.
Is SAJ still active?
Yes, SAJ is an active enterprise in the KBO register.
What is the turnover of SAJ?
The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €116,369 and 31 comparable companies (NACE 461). It probably lies between €200,000 and €1.1m.Financials
Is SAJ profitable?
In financial year 2025, SAJ made a loss of €18,770.
Where can I find the annual accounts of SAJ?
SAJ filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SAJ due?
SAJ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.