DEVABO is a specialised building contractor in Waregem. Public Limited, started on 17 May 1983, 1 establishment.

What is the address of DEVABO?

The registered office of DEVABO is located at Pannewegel 50, 8790 Waregem.

Is DEVABO still active?

Yes. According to the CBE (29 October 2026) DEVABO is active, legal situation “Normale toestand”, started on 17 May 1983.

Is DEVABO registered on Peppol?

Yes, DEVABO is registered on the Peppol network with ID 0208:0424169815.

What is the enterprise number of DEVABO?

The enterprise number of DEVABO is BE0424169815.

When was DEVABO founded?

DEVABO was founded on 17 May 1983.

Who are the directors of DEVABO?

According to the 2025 annual accounts, the directors of DEVABO are: PELICA NV, Carine Dekyvere, RECUPAN BV, Piet Van Den Bogaerde.

Is DEVABO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 17 May 1983; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did DEVABO make in 2025?

DEVABO posted a profit after taxes of € 208,173 in financial year 2025.

What is the revenue of DEVABO?

As a small company, DEVABO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 997,416.

How much does an employee at DEVABO earn?

The average wage cost per full-time employee at DEVABO was € 61,700 in 2025: staff costs of € 715,165 for 11.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DEVABO have?

According to the 2025 annual accounts, DEVABO has 11.6 full-time equivalents (FTE).

DEVABO (Public Limited) - Waregem - BE0424169815

Dossier DEVABO, printed on 29 October 2026 from databakkes.be/en/0424169815/devabo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DEVABO from Waregem, company number BE0424169815, closed financial year 2025 with a result of € 208,173 after tax. For that financial year DEVABO recorded a gross margin of € 997,416 and equity of € 565,773. Compared with financial year 2024, the result moved from € 121,405 to € 208,173. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Growing

€ 565,773

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 208,173

▲ 71% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 876,603

▲ 29% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 180,000 paid out

86 % of the profit went to the shareholders, mostly to PELICA (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

11.6

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 715,165

▲ 21% vs 2024

€ 61,700 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.

Vehicles and equipment

€ 153,791

▼ 26% vs 2024

Of which on lease € 44,245.

Debts at end 2025

Bank debt

€ 17,225

▼ 62% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 248,997

▼ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 52,547

▼ 41% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 704,195 Gross margin 2022: € 704,195 First fiscal year in the series	€ 767,848 Gross margin 2023: € 767,848 ▲ 9% vs 2022 (€ 704,195) Favourable step	€ 1,048,361 Gross margin 2024: € 1,048,361 ▲ 37% vs 2023 (€ 767,848) Favourable step	€ 997,416 Gross margin 2025: € 997,416 ▼ 5% vs 2024 (€ 1,048,361) Unfavourable step	▼ 5%
Profit after taxes	€ 147,523 Profit after taxes 2022: € 147,523 First fiscal year in the series	€ 212,787 Profit after taxes 2023: € 212,787 ▲ 44% vs 2022 (€ 147,523) Favourable step	€ 121,405 Profit after taxes 2024: € 121,405 ▼ 43% vs 2023 (€ 212,787) Unfavourable step	€ 208,173 Profit after taxes 2025: € 208,173 ▲ 71% vs 2024 (€ 121,405) Favourable step	▲ 71%
Equity	€ 384,908 Equity 2022: € 384,908 First fiscal year in the series	€ 416,195 Equity 2023: € 416,195 ▲ 8% vs 2022 (€ 384,908) Favourable step	€ 537,600 Equity 2024: € 537,600 ▲ 29% vs 2023 (€ 416,195) Favourable step	€ 565,773 Equity 2025: € 565,773 ▲ 5% vs 2024 (€ 537,600) Favourable step	▲ 5%
Total debts	€ 341,588 Total debts 2022: € 341,588 First fiscal year in the series	€ 368,187 Total debts 2023: € 368,187 ▲ 8% vs 2022 (€ 341,588) Unfavourable step	€ 638,566 Total debts 2024: € 638,566 ▲ 73% vs 2023 (€ 368,187) Unfavourable step	€ 646,063 Total debts 2025: € 646,063 ▲ 1% vs 2024 (€ 638,566) Unfavourable step	▲ 1%
Cash	€ 205,445 Cash 2022: € 205,445 First fiscal year in the series	€ 279,069 Cash 2023: € 279,069 ▲ 36% vs 2022 (€ 205,445) Favourable step	€ 680,254 Cash 2024: € 680,254 ▲ 144% vs 2023 (€ 279,069) Favourable step	€ 876,603 Cash 2025: € 876,603 ▲ 29% vs 2024 (€ 680,254) Favourable step	▲ 29%
Retained profit	€ 322,908 Retained profit 2022: € 322,908 First fiscal year in the series	€ 354,195 Retained profit 2023: € 354,195 ▲ 10% vs 2022 (€ 322,908) Favourable step	€ 475,600 Retained profit 2024: € 475,600 ▲ 34% vs 2023 (€ 354,195) Favourable step	€ 503,773 Retained profit 2025: € 503,773 ▲ 6% vs 2024 (€ 475,600) Favourable step	▲ 6%
Dividend	€ 140,000 Dividend 2022: € 140,000 First fiscal year in the series	€ 181,500 Dividend 2023: € 181,500 ▲ 30% vs 2022 (€ 140,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 181,500) Unchanged	€ 180,000 Dividend 2025: € 180,000 Unchanged (€ 0) Unchanged
Bank debt	€ 34,414 Bank debt 2022: € 34,414 First fiscal year in the series	€ 75,956 Bank debt 2023: € 75,956 ▲ 121% vs 2022 (€ 34,414) Unfavourable step	€ 45,821 Bank debt 2024: € 45,821 ▼ 40% vs 2023 (€ 75,956) Favourable step	€ 17,225 Bank debt 2025: € 17,225 ▼ 62% vs 2024 (€ 45,821) Favourable step	▼ 62%
Balance sheet total	€ 726,496 Balance sheet total 2022: € 726,496 First fiscal year in the series	€ 784,382 Balance sheet total 2023: € 784,382 ▲ 8% vs 2022 (€ 726,496) Unchanged	€ 1,406,167 Balance sheet total 2024: € 1,406,167 ▲ 79% vs 2023 (€ 784,382) Unchanged	€ 1,441,836 Balance sheet total 2025: € 1,441,836 ▲ 3% vs 2024 (€ 1,406,167) Unchanged	▲ 3%
Employees (FTE)	11.8 Employees (FTE) 2022: 11.8 First fiscal year in the series	9.7 Employees (FTE) 2023: 9.7 ▼ 2.1 vs 2022 (11.8) Unchanged	10.6 Employees (FTE) 2024: 10.6 ▲ 0.9 vs 2023 (9.7) Unchanged	11.6 Employees (FTE) 2025: 11.6 ▲ 1 vs 2024 (10.6) Unchanged	▲ 1

Key figures of DEVABO, 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 DEVABO?

What happened at DEVABO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Carine Dekyvere stepped down as director. NBB
2028 RECUPAN BV stepped down as director. NBB
2028 Piet Van Den Bogaerde stepped down as director. NBB
Sep 30, 2026 New annual accounts for financial year 2025: profit of € 208,173 (▲ 71% vs 2024). filed late Source: NBB ↗
2025 RECUPAN BV became a director. NBB
2025 PELICA NV stepped down as director. NBB
2022 PELICA NV became a director. NBB
2022 Carine Dekyvere became a director. NBB

In short

From € 147,523 profit in 2022 to € 208,173 profit in 2025.

Paid € 91,317 in corporate taxes since 2022.

Best year ever: 2023, with € 212,787 profit.

On average € 86,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

PELICA 99.8%

The stake of PELICA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

DEVABO

The shares are held by PELICA (99.8%).

Directors

According to the 2025 annual accounts

PELICA NV

Managing director · represented by Van Den Bogaerde Ilse

since 2022 · until 2025

Carine Dekyvere

Director

since 2022 · until 2028

RECUPAN BV

Director · represented by Van Den Bogaerde Ilse

since 2025 · until 2028

Piet Van Den Bogaerde

Director

since 2022 · until 2028

Shareholders

PELICA

99.8%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Pannewegel 50

8790 Waregem

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

PELICA same network

€ 465,253 gross margin · 2025

RECUPAN same network

€ 219,991 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0424.169.815

VAT number

BE 0424.169.815

Registered office

Pannewegel 50, 8790 Waregem

Names & denominations

DEVABO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

17 May 1983

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Dakwerkzaamheden

Dakbedekking en bouw van dakconstructies

Algemene bouw van residentiële gebouwen

Bouwen van individuele huizen

View on CBE Public ↗ Annual accounts (NBB) ↗

DEVABO

Financials

What happened to DEVABO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions