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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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Devagro Aannemingen from Waregem, company number BE0437460397, closed financial year 2025 with a result of € -1.8 million after tax. For that financial year Devagro Aannemingen recorded revenue of € 33.6 million and equity of € 11.3 million. Compared with financial year 2024, the result moved from € 155,384 to € -1.8 million. 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 October 31, 2025.
€ 11.3 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.8 million
▼ still € 155,384 profit in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.8 million.
People and assets in 2025
102.6
▲ 32.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.6 million
▲ 41% vs 2024
€ 63,900 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.
€ 1.9 million
▼ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5.8 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 84 days on average.
€ 690,982
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 28,314,280 | € 33,633,127 | ▲ 19% |
| Gross margin | € 3,509,950 | - | - | |
| Profit after taxes | € 41,442 | € 155,384 | € -1,766,095 | ▼ € 1.9 million |
| Equity | € 9,883,898 | € 13,039,849 | € 11,271,692 | ▼ 14% |
| Total debts | € 5,139,850 | € 6,423,287 | € 10,324,009 | ▲ 61% |
| Cash | € 5,476,911 | € 1,160,257 | € 1,220,080 | ▲ 5% |
| Land & buildings | € 3,499,145 | € 3,319,869 | € 3,126,733 | ▼ 6% |
| Retained profit | € 9,623,898 | € 12,520,116 | € 10,751,959 | ▼ 14% |
| Balance sheet total | € 15,023,748 | € 19,481,277 | € 21,860,638 | ▲ 12% |
| Employees (FTE) | 37 | 70.4 | 102.6 | ▲ 32.2 |
Key figures of Devagro Aannemingen, 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 October 2026.
What happened to Devagro Aannemingen?
What happened at Devagro Aannemingen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Devatran NV stepped down as director. NBB
- Xavier Degezelle stepped down as director. NBB
- Yves Degezelle stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.8 million (▼ € 1.9 million vs 2024). Source: NBB ↗
- Xavier Degezelle became a director. NBB
- Yves Degezelle became a director. NBB
- Devatran NV became a director. NBB
- New establishment in Waregem. KBO
In short
From € 41,442 profit in 2022 to € 1.8 million loss in 2025.
Paid € 244,779 in corporate taxes since 2022.
Best year ever: 2024, with € 155,384 profit.
On average € 94,900 of value added per employee in 2022.
Management
The stake of DEVATRAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Devagro AannemingenThe shares are held by DEVATRAN (100%).
Directors
According to the 2025 annual accounts
Director · represented by Ignace DEGEZELLE
Also active at: PARK RODENBACH, CREABOUW, AMADEO F&B SERVICES, DEVAMO, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke, Devagro Saneringen +7 more
since 2022 · until 2028
Xavier Degezelle
Managing director
Also active at: DAVAN, CREABOUW, DEVATRAN, AMADEO F&B SERVICES, DEVAMO, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke +7 more
since 2023 · until 2028
Yves Degezelle
Managing director
Also active at: CREABOUW, DEVATRAN, DEVAMO, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke, Devagro Saneringen, DOP MEULEBEKE +5 more
since 2023 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
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 →DAVAN same network
€ 67,217 gross margin · 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.
Details
- Company number
- 0437.460.397
- VAT number
- BE 0437.460.397
- Registered office
- Pitantiestraat 100, 8792 Waregem
- Names & denominations
- Devagro Aannemingen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 31 May 1989
- Peppol
- Active · Active since 22 Apr 2026
- Activities · NACE
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