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
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.
€ 11.1 million
▲ 22% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -42,576
▼ still € 2 million profit in 2024
Profit after tax over the fiscal year.
€ 107,039
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.1 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 199,999
Of which on lease € 199,999.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 257,868
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 180,105 | € 156,487 | € 82,574 | € 108,681 | ▲ 32% |
| Profit after taxes | € 18,023 | € 5,719 | € 1,958,444 | € -42,576 | ▼ € 2 million |
| Equity | € 6,005,462 | € 6,011,181 | € 9,113,625 | € 11,135,606 | ▲ 22% |
| Total debts | € 1,253,555 | € 1,024,189 | € 1,392,040 | € 847,972 | ▼ 39% |
| Cash | € 1,420,078 | € 220,675 | € 85,460 | € 107,039 | ▲ 25% |
| Land & buildings | € 5,046,650 | € 5,060,392 | € 6,362,112 | € 8,015,055 | ▲ 26% |
| Retained profit | € 2,935,487 | € 2,941,206 | € 4,899,650 | € 5,066,325 | ▲ 3% |
| Bank debt | € 944,967 | € 722,622 | € 500,277 | € 0 | ▼ 100% |
| Balance sheet total | € 7,259,017 | € 7,035,370 | € 10,505,665 | € 11,983,578 | ▲ 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:
- Ignace Degezelle stepped down as director. NBB
- 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 € 42,576 (▼ € 2 million vs 2024). Source: NBB ↗
- Ignace Degezelle became a director. NBB
- Devatran NV became a director. NBB
- 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.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of DEVATRAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEVAMOThe 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
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
90%
Participations
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
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