Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DAVAN from Waregem, company number BE0405494939, closed financial year 2025 with a result of € 1,363 after tax. For that financial year DAVAN recorded a gross margin of € 67,217 and equity of € -334,824. Compared with financial year 2024, the result moved from € -80,209 to € 1,363. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ -334,824
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,363
▲ still € 80,209 loss in 2024
Profit after tax over the fiscal year.
€ 65,317
▲ € 57,825 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 € -579,824.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,543
▲ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,239 | € 341 | € 1,944 | € 67,217 | ▲ € 65,273 |
| Profit after taxes | € -11,045 | € -4,127 | € -80,209 | € 1,363 | ▲ € 81,571 |
| Equity | € -251,851 | € -255,977 | € -336,186 | € -334,824 | |
| Total debts | € 317,694 | € 379,661 | € 994,094 | € 1,035,519 | ▲ 4% |
| Cash | € 54 | € 6,034 | € 7,492 | € 65,317 | ▲ € 57,825 |
| Land & buildings | € 61,655 | € 116,655 | € 648,045 | € 623,889 | ▼ 4% |
| Retained profit | € -496,851 | € -500,977 | € -581,186 | € -579,824 | |
| Balance sheet total | € 65,844 | € 123,684 | € 657,908 | € 700,696 | ▲ 7% |
Key figures of DAVAN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to DAVAN?
What happened at DAVAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,363. Source: NBB ↗
- Xavier Degezelle became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Waregem. KBO
In short
From € 11,045 loss in 2022 to € 1,363 profit in 2025.
Paid € 1,406 in corporate taxes since 2022.
Best year ever: 2025, with € 1,363 profit.
Management
Behind DAVAN is Xavier Degezelle. Xavier Degezelle is also behind CREABOUW, Devagro Aannemingen, DEVATRAN, AMADEO F&B SERVICES and DEVAMO.
Directors
According to the 2025 annual accounts
Xavier Degezelle
Director
Also active at: CREABOUW, Devagro Aannemingen, DEVATRAN, AMADEO F&B SERVICES, DEVAMO, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke +7 more
since 2023
Establishments
Establishment units
Physical locations of this company
Pitantiestraat 100
8792 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →Devagro Aannemingen same network
€ 33.6 million revenue · 2025
DEVATRAN same network
€ 8.1 million gross margin · 2025
DEVAMO same network
€ 108,681 gross margin · 2025
CREA-BUILDING same network
€ 16,780 gross margin · 2025
Devagro Beton & Recyclage same network
€ 716,002 gross margin · 2024
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0405.494.939
- VAT number
- BE 0405.494.939
- Registered office
- Pitantiestraat 100, 8792 Waregem
- Names & denominations
- DAVAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 2 Sept 2025
- Contact
- devagro.be
- Activities · NACE
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