DEVAMO is a property company in Waregem. Public Limited, started on 26 May 1994, 1 establishment.

What is the address of DEVAMO?

The registered office of DEVAMO is located at Pitantiestraat 100, 8792 Waregem.

Is DEVAMO still active?

Yes. According to the CBE (29 October 2026) DEVAMO is active, legal situation “Normale toestand”, started on 26 May 1994.

Is DEVAMO registered on Peppol?

Yes, DEVAMO is registered on the Peppol network with ID 0208:0452721368.

What is the enterprise number of DEVAMO?

The enterprise number of DEVAMO is BE0452721368.

When was DEVAMO founded?

DEVAMO was founded on 26 May 1994.

Who are the directors of DEVAMO?

According to the 2025 annual accounts, the directors of DEVAMO are: Ignace Degezelle, Devatran NV, Xavier Degezelle, Yves Degezelle.

Is DEVAMO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 May 1994; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did DEVAMO make in 2025?

DEVAMO recorded a loss after taxes of € 42,576 in financial year 2025.

What is the revenue of DEVAMO?

As a small company, DEVAMO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 108,681.

How many employees does DEVAMO have?

According to the 2025 annual accounts, DEVAMO has 0 full-time equivalents (FTE).

DEVAMO (Public Limited) - Waregem - BE0452721368

Dossier DEVAMO, printed on 29 October 2026 from databakkes.be/en/0452721368/devamo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

13 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

DEVAMO from Waregem, company number BE0452721368, closed financial year 2025 with a result of € -42,576 after tax. For that financial year DEVAMO recorded a gross margin of € 108,681 and equity of € 11.1 million. Compared with financial year 2024, the result moved from € 2 million to € -42,576. The company made a loss. 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 March 31, 2026.

What it is worth Growing

€ 11.1 million

▲ 22% vs 2024

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

Loss Caution

€ -42,576

▼ still € 2 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 107,039

▲ 25% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 5.1 million.

People and assets in 2025

Full-time equivalents

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

Vehicles and equipment

€ 199,999

Of which on lease € 199,999.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 257,868

▼ 56% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 180,105 Gross margin 2022: € 180,105 First fiscal year in the series	€ 156,487 Gross margin 2023: € 156,487 ▼ 13% vs 2022 (€ 180,105) Unfavourable step	€ 82,574 Gross margin 2024: € 82,574 ▼ 47% vs 2023 (€ 156,487) Unfavourable step	€ 108,681 Gross margin 2025: € 108,681 ▲ 32% vs 2024 (€ 82,574) Favourable step	▲ 32%
Profit after taxes	€ 18,023 Profit after taxes 2022: € 18,023 First fiscal year in the series	€ 5,719 Profit after taxes 2023: € 5,719 ▼ 68% vs 2022 (€ 18,023) Unfavourable step	€ 1,958,444 Profit after taxes 2024: € 1,958,444 ▲ € 2 million vs 2023 (€ 5,719) Favourable step	€ -42,576 Profit after taxes 2025: € -42,576 ▼ € 2 million vs 2024 (€ 1,958,444) Unfavourable step	▼ € 2 million
Equity	€ 6,005,462 Equity 2022: € 6,005,462 First fiscal year in the series	€ 6,011,181 Equity 2023: € 6,011,181 Unchanged (€ 6,005,462) Favourable step	€ 9,113,625 Equity 2024: € 9,113,625 ▲ 52% vs 2023 (€ 6,011,181) Favourable step	€ 11,135,606 Equity 2025: € 11,135,606 ▲ 22% vs 2024 (€ 9,113,625) Favourable step	▲ 22%
Total debts	€ 1,253,555 Total debts 2022: € 1,253,555 First fiscal year in the series	€ 1,024,189 Total debts 2023: € 1,024,189 ▼ 18% vs 2022 (€ 1,253,555) Favourable step	€ 1,392,040 Total debts 2024: € 1,392,040 ▲ 36% vs 2023 (€ 1,024,189) Unfavourable step	€ 847,972 Total debts 2025: € 847,972 ▼ 39% vs 2024 (€ 1,392,040) Favourable step	▼ 39%
Cash	€ 1,420,078 Cash 2022: € 1,420,078 First fiscal year in the series	€ 220,675 Cash 2023: € 220,675 ▼ 84% vs 2022 (€ 1,420,078) Unfavourable step	€ 85,460 Cash 2024: € 85,460 ▼ 61% vs 2023 (€ 220,675) Unfavourable step	€ 107,039 Cash 2025: € 107,039 ▲ 25% vs 2024 (€ 85,460) Favourable step	▲ 25%
Land & buildings	€ 5,046,650 Land & buildings 2022: € 5,046,650 First fiscal year in the series	€ 5,060,392 Land & buildings 2023: € 5,060,392 Unchanged (€ 5,046,650) Unchanged	€ 6,362,112 Land & buildings 2024: € 6,362,112 ▲ 26% vs 2023 (€ 5,060,392) Unchanged	€ 8,015,055 Land & buildings 2025: € 8,015,055 ▲ 26% vs 2024 (€ 6,362,112) Unchanged	▲ 26%
Retained profit	€ 2,935,487 Retained profit 2022: € 2,935,487 First fiscal year in the series	€ 2,941,206 Retained profit 2023: € 2,941,206 Unchanged (€ 2,935,487) Favourable step	€ 4,899,650 Retained profit 2024: € 4,899,650 ▲ 67% vs 2023 (€ 2,941,206) Favourable step	€ 5,066,325 Retained profit 2025: € 5,066,325 ▲ 3% vs 2024 (€ 4,899,650) Favourable step	▲ 3%
Bank debt	€ 944,967 Bank debt 2022: € 944,967 First fiscal year in the series	€ 722,622 Bank debt 2023: € 722,622 ▼ 24% vs 2022 (€ 944,967) Favourable step	€ 500,277 Bank debt 2024: € 500,277 ▼ 31% vs 2023 (€ 722,622) Favourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 500,277) Favourable step	▼ 100%
Balance sheet total	€ 7,259,017 Balance sheet total 2022: € 7,259,017 First fiscal year in the series	€ 7,035,370 Balance sheet total 2023: € 7,035,370 ▼ 3% vs 2022 (€ 7,259,017) Unchanged	€ 10,505,665 Balance sheet total 2024: € 10,505,665 ▲ 49% vs 2023 (€ 7,035,370) Unchanged	€ 11,983,578 Balance sheet total 2025: € 11,983,578 ▲ 14% vs 2024 (€ 10,505,665) Unchanged	▲ 14%

Key figures of DEVAMO, 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 April 2027.

What happened to DEVAMO?

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

2029 Ignace Degezelle stepped down as director. NBB
2029 Devatran NV stepped down as director. NBB
2029 Xavier Degezelle stepped down as director. NBB
2029 Yves Degezelle stepped down as director. NBB
Mar 31, 2026 New annual accounts for financial year 2025: loss of € 42,576 (▼ € 2 million vs 2024). Source: NBB ↗
2023 Ignace Degezelle became a director. NBB
2023 Devatran NV became a director. NBB
2023 Xavier Degezelle became a director. NBB

In short

From € 18,023 profit in 2022 to € 42,576 loss in 2025.

Paid € 13,102 in corporate taxes since 2022.

Best year ever: 2024, with € 2 million profit.

Original PDFs at the National Bank ↗

Management

DEVATRAN 90%

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

DEVAMO

Amadeo F&B Services 50%

The shares are held by DEVATRAN (90%). It owns 50% of Amadeo F&B Services itself.

Directors

According to the 2025 annual accounts

Ignace Degezelle

Director

Also active at: PARK RODENBACH, Devagro Aannemingen, DOP MEULEBEKE, Spes Bona Renaix

since 2023 · until 2029

Devatran NV

Director · represented by Marleen Vanden Buverie

Also active at: PARK RODENBACH, CREABOUW, Devagro Aannemingen, AMADEO F&B SERVICES, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke, Devagro Saneringen +7 more

since 2023 · until 2029

Xavier Degezelle

Managing director

Also active at: DAVAN, CREABOUW, Devagro Aannemingen, DEVATRAN, AMADEO F&B SERVICES, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke +7 more

since 2023 · until 2029

Yves Degezelle

Managing director

Also active at: CREABOUW, Devagro Aannemingen, DEVATRAN, CREA-BUILDING, PHIVAL, Devagro Beton & Recyclage Harelbeke, Devagro Saneringen, DOP MEULEBEKE +5 more

since 2023 · until 2029

Shareholders

DEVATRAN

90%

Participations

Amadeo F&B Services

50%

Establishments

Establishment units

Physical locations of this company

Registered office

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

Devagro Aannemingen same network

€ 33.6 million revenue · 2025

DEVATRAN same network

€ 8.1 million 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: 0452.721.368
VAT number: BE 0452.721.368
Registered office: Pitantiestraat 100, 8792 Waregem
Names & denominations: DEVAMO
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 26 May 1994
Peppol: Active · Active since 15 Sept 2025
Activities · NACE: Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

DEVAMO

Warning lights

Financials

What happened to DEVAMO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions