What does DEVATECH do?

DEVATECH is a wholesaler in Waregem. Private Limited, started on 25 January 1995, 1 establishment.

What is the address of DEVATECH?

The registered office of DEVATECH is located at Galopstraat 17, 8790 Waregem.

Is DEVATECH still active?

Yes. According to the CBE (15 November 2026) DEVATECH is active, legal situation “Normale toestand”, started on 25 January 1995.

Is DEVATECH registered on Peppol?

Yes, DEVATECH is registered on the Peppol network with ID 0208:0454311079.

What is the enterprise number of DEVATECH?

The enterprise number of DEVATECH is BE0454311079.

When was DEVATECH founded?

DEVATECH was founded on 25 January 1995.

Who are the directors of DEVATECH?

According to the 2025 annual accounts, the directors of DEVATECH are: Carl Dewaele.

Is DEVATECH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 January 1995; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did DEVATECH make in 2025?

DEVATECH posted a profit after taxes of € 22,271 in financial year 2025.

What is the revenue of DEVATECH?

As a small company, DEVATECH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 28,394.

DEVATECH (Private Limited) - Waregem - BE0454311079

Dossier DEVATECH, printed on 15 November 2026 from databakkes.be/en/0454311079/devatech. 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.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.

Financials

Financial year 2025

DEVATECH from Waregem, company number BE0454311079, closed financial year 2025 with a result of € 22,271 after tax. For that financial year DEVATECH recorded a gross margin of € 28,394 and equity of € -16,544. Compared with financial year 2024, the result moved from € 23,274 to € 22,271. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 11, 2026.

What it is worth Caution

€ -16,544

▲ € 22,271 vs 2024

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

Profit Healthy

€ 22,271

▼ 4% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 24,391

▲ 60% vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -35,544.

People and assets in 2025

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 1,343

▲ 32% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

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

Owed to suppliers

€ 13,725

▲ € 10,499 vs 2024

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

Taxes

€ 6,146

▲ 92% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 17,802 Gross margin 2022: € 17,802 First fiscal year in the series	€ 27,685 Gross margin 2023: € 27,685 ▲ 56% vs 2022 (€ 17,802) Favourable step	€ 25,582 Gross margin 2024: € 25,582 ▼ 8% vs 2023 (€ 27,685) Unfavourable step	€ 28,394 Gross margin 2025: € 28,394 ▲ 11% vs 2024 (€ 25,582) Favourable step	▲ 11%
Profit after taxes	€ 16,283 Profit after taxes 2022: € 16,283 First fiscal year in the series	€ 21,094 Profit after taxes 2023: € 21,094 ▲ 30% vs 2022 (€ 16,283) Favourable step	€ 23,274 Profit after taxes 2024: € 23,274 ▲ 10% vs 2023 (€ 21,094) Favourable step	€ 22,271 Profit after taxes 2025: € 22,271 ▼ 4% vs 2024 (€ 23,274) Unfavourable step	▼ 4%
Equity	€ -83,183 Equity 2022: € -83,183 First fiscal year in the series	€ -62,089 Equity 2023: € -62,089 ▲ € 21,094 vs 2022 (€ -83,183) Favourable step	€ -38,815 Equity 2024: € -38,815 ▲ € 23,274 vs 2023 (€ -62,089) Favourable step	€ -16,544 Equity 2025: € -16,544 ▲ € 22,271 vs 2024 (€ -38,815) Favourable step	▲ € 22,271
Total debts	€ 98,130 Total debts 2022: € 98,130 First fiscal year in the series	€ 88,891 Total debts 2023: € 88,891 ▼ 9% vs 2022 (€ 98,130) Favourable step	€ 63,890 Total debts 2024: € 63,890 ▼ 28% vs 2023 (€ 88,891) Favourable step	€ 57,346 Total debts 2025: € 57,346 ▼ 10% vs 2024 (€ 63,890) Favourable step	▼ 10%
Cash	€ 2,701 Cash 2022: € 2,701 First fiscal year in the series	€ 3,060 Cash 2023: € 3,060 ▲ 13% vs 2022 (€ 2,701) Favourable step	€ 15,271 Cash 2024: € 15,271 ▲ € 12,211 vs 2023 (€ 3,060) Favourable step	€ 24,391 Cash 2025: € 24,391 ▲ 60% vs 2024 (€ 15,271) Favourable step	▲ 60%
Retained profit	€ -102,183 Retained profit 2022: € -102,183 First fiscal year in the series	€ -81,089 Retained profit 2023: € -81,089 ▲ € 21,094 vs 2022 (€ -102,183) Favourable step	€ -57,815 Retained profit 2024: € -57,815 ▲ € 23,274 vs 2023 (€ -81,089) Favourable step	€ -35,544 Retained profit 2025: € -35,544 ▲ € 22,271 vs 2024 (€ -57,815) Favourable step	▲ € 22,271
Balance sheet total	€ 14,947 Balance sheet total 2022: € 14,947 First fiscal year in the series	€ 26,802 Balance sheet total 2023: € 26,802 ▲ 79% vs 2022 (€ 14,947) Unchanged	€ 25,074 Balance sheet total 2024: € 25,074 ▼ 6% vs 2023 (€ 26,802) Unchanged	€ 40,801 Balance sheet total 2025: € 40,801 ▲ 63% vs 2024 (€ 25,074) Unchanged	▲ 63%

By gross margin, DEVATECH ranks 6th of 7 companies with main activity “Groothandel in andere machines en werktuigen, neg” in Waregem that publish figures (fiscal year 2025).

Key figures of DEVATECH, 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.

Ask about DEVATECH the way you would ask their accountant.

Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.

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What happened to DEVATECH?

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

Apr 11, 2026 New annual accounts for financial year 2025: profit of € 22,271 (▼ 4% vs 2024). Source: NBB ↗
Jul 18, 2000 New establishment in Waregem. KBO
Jan 25, 1995 Start of the company according to the CBE. KBO

In short

From € 16,283 profit in 2022 to € 22,271 profit in 2025.

Paid € 5,324 in corporate taxes since 2022.

Best year ever: 2024, with € 23,274 profit.

Original PDFs at the National Bank ↗

Management

Carl Dewaele

DEVATECH

Behind DEVATECH is Carl Dewaele.

Directors

According to the 2025 annual accounts

Carl Dewaele

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Galopstraat 17

8790 Waregem

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

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All companies with this activity → Largest companies in Waregem →

Details

Company number

0454.311.079

VAT number

BE 0454.311.079

Registered office

Galopstraat 17, 8790 Waregem

Names & denominations

DEVATECH

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 January 1995

Peppol

Active · Active since 28 Oct 2025

Activities · NACE

Groothandel in andere machines en werktuigen, neg

Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv

Groothandel in andere machines en werktuigen, n.e.g.

Groothandel in uurwerken en sieraden

Groothandel in lederwaren en reisartikelen

View on CBE Public ↗ Annual accounts (NBB) ↗

DEVATECH

Warning lights

Financials

Ask about DEVATECH the way you would ask their accountant.

What happened to DEVATECH?

Management

Directors

Establishments

Establishment units

Similar companies in Waregem

Details

Frequently asked questions