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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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Busy address KBO
33 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
DEVOMAS from Brussel, company number BE0425443780, closed financial year 2024 with a result of € 153,861 after tax. For that financial year DEVOMAS recorded a gross margin of € 664,919 and equity of € 435,570. Compared with financial year 2023, the result moved from € 90,391 to € 153,861. 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 August 12, 2025.
€ 435,570
▲ 55% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 153,861
▲ 70% vs 2023
Profit after tax over the fiscal year.
€ 287,450
▲ € 238,506 vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 423,167.
People and assets in 2024
€ 43
▼ 96% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 229,067
▲ 15% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 125,032
▲ € 103,652 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 440,459 | € 18,474 | € 308,925 | € 664,919 | ▲ 115% |
| Profit after taxes | € 80,314 | € -17,527 | € 90,391 | € 153,861 | ▲ 70% |
| Equity | € 308,844 | € 291,318 | € 281,709 | € 435,570 | ▲ 55% |
| Total debts | € 131,816 | € 65,923 | € 324,262 | € 380,796 | ▲ 17% |
| Cash | € 137,372 | € 34,314 | € 48,945 | € 287,450 | ▲ € 238,506 |
| Retained profit | € 296,442 | € 278,915 | € 269,306 | € 423,167 | ▲ 57% |
| Dividend | € 0 | € 0 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 5,035 | € 42,000 | € 0 | € 0 | |
| Balance sheet total | € 440,661 | € 357,241 | € 605,970 | € 816,366 | ▲ 35% |
| Employees (FTE) | 10.8 | 0.4 | - | - |
Key figures of DEVOMAS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to DEVOMAS?
What happened at DEVOMAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 153,861 (▲ 70% vs 2023). filed late Source: NBB ↗
- GPFI SRL became a director. NBB
- MASSIMO MENEGALLI became a director. NBB
- New establishment in Comines-Warneton. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,314 profit in 2021 to € 153,861 profit in 2024.
Paid € 224,467 in corporate taxes since 2021.
Best year ever: 2024, with € 153,861 profit.
On average € 40,800 of value added per employee in 2021.
Management
The stake of GPFI, EUROPEAN AMUSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEVOMASBehind DEVOMAS are MASSIMO MENEGALLI and GPFI SRL. The shares are held by GPFI (100%) and EUROPEAN AMUSEMENT (10%).
Directors
According to the 2024 annual accounts
MASSIMO MENEGALLI
Director
Also active at: Automatic Equipment, European Holding Company, J.M.P., Les Copères, Y.C.L., IMMO LAEKEN, LA CASTELLANA, MARBEL +22 more
since 2015
Director · represented by MASSIMO MENEGALLI
Also active at: Les Copères, MARBEL, LAGAUT, PAVABER, Fun2play, DEBA SQUARE, H B W FREETIME, STARGAMES +2 more
since 2024
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oorlogskruisenlaan 120
1120 Brussel
Marktplaats(Biz) 40
7783 Comines-Warneton
Active since 25 April 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 33 companies are registered at this address.
All companies at this address →General Automatic Amusement
€ 2.7 million gross margin · 2024
BELGIAN GAMING ASSOCIATION B.G.A.
Les Copères same network
€ 2.3 million gross margin · 2024
L'AUTOMATIQUE ELECTRONIQUE
€ -10,651 gross margin · 2024
Y.C.L. same network
€ 90,585 gross margin · 2025
+28 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.443.780
- VAT number
- BE 0425.443.780
- Registered office
- Oorlogskruisenlaan 120, 1120 Brussel
- Names & denominations
- DEVOMAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 March 1984
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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