ACTIVE

Devagro Aannemingen

Financial year 2026 · Closed on 31/03/2026

Net result114,6 k €+106,5 %over 1 year
Revenue39,9 M €+18,7 %over 1 year
Equity11,4 M €+1,0 %over 1 year
Workforce103,0 ETP+0,4 %over 1 year

Identity

Source · BCE/KBO

Devagro Aannemingen is a Public limited company incorporated in 1989. Its main activity is: Construction of roads and motorways. Its registered office is in Waregem. It employs on average 103,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0437.460.397
Incorporation
31/05/1989
Legal form
Public limited company
Registered office
Pitantiestraat 100
8792 Waregem · FlandreSee on map
Contributed capital
519 733,04 €
Latest accounts
31/03/2026
Average workforce
103,0 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 6 financial years

20262025202420222018
Income statement
Revenue39,9 M €33,6 M €28,3 M €––
EBITDA2,4 M €1,5 M €2,3 M €1,2 M €4,9 M €
Operating result405,6 k €-450,4 k €943,2 k €83,4 k €4,3 M €
Net result114,6 k €-1,8 M €155,4 k €41,4 k €4,8 M €
Balance sheet
Equity11,4 M €11,3 M €13 M €9,9 M €10 M €
Total assets23,7 M €21,9 M €19,5 M €15 M €13,7 M €
Cash3,3 M €1,2 M €1,2 M €5,5 M €1,3 M €
Debts12 M €10,3 M €6,4 M €5,1 M €3,5 M €
Other
Workforce103,0 ETP102,6 ETP70,4 ETP37,0 ETP25,9 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DEVATRAN0441.687.520Represented by Marleen VANDEN BUVERIE
Director01/04/2022 → 17/09/2028Managing director20/09/2003 → 2022 accountsended
Xavier Degezelle
Managing director01/04/2023 → 17/09/2028Director28/04/2008 → 2024 accountsended
Yves Degezelle
Managing director01/04/2023 → 17/09/2028Director28/04/2008 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marleen Vanden Buverie
Directorlisted until the 2022 accounts
Christ Goethals
Director19/09/2015 → 2019 accounts

Other companies at this address

Pitantiestraat 100 8792 Waregem
CompanyCBE no.
CREA-BUILDING● Active
0455.199.422
DAVAN● Active
0405.494.939
0836.163.061
0472.011.601
0472.402.074
0828.718.906
DEVAMO● Active
0452.721.368
DEVATRAN● Active
0441.687.520
DOP MEULEBEKE● Active
0701.629.902
Eikenstraat● Active
1033.513.521
VESTAPRO● Active
1011.109.687
X4 INVEST● Active
0677.569.645
YDG INVEST● Active
0832.688.481

Full financial information

Source · NBB
202620252024202320222021
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/10/202631/10/202531/10/202431/10/202328/10/202229/10/2021
General meeting29/10/202620/09/202530/10/202427/10/202330/09/202230/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202629/10/202630/10/2026DutchPDF
Full model31/03/202520/09/202531/10/2025DutchPDF
Full model31/03/202430/10/202431/10/2024DutchPDF
Full model31/03/202327/10/202331/10/2023DutchPDF
Abridged model31/03/202230/09/202228/10/2022DutchPDF
Abridged model31/03/202130/09/202129/10/2021DutchPDF
Abridged model31/03/202027/10/202030/11/2020DutchPDF
Abridged model31/03/201930/10/201931/10/2019DutchPDF
Abridged model31/03/201815/09/201815/10/2018DutchPDF
Abridged model31/03/201721/10/201707/11/2017DutchPDF
Abridged model31/03/201613/10/201625/11/2016DutchPDF
Abridged modelCorrection31/03/201519/09/201517/12/2015DutchPDF
Abridged model31/03/201519/09/201525/11/2015DutchPDF
Abridged model31/03/201421/10/201431/10/2014DutchPDF
Abridged model31/03/201329/10/201328/11/2013DutchPDF
Abridged model31/03/201215/11/201206/12/2012DutchPDF
Abridged model31/03/201112/12/201123/12/2011DutchPDF
Abridged model31/03/201026/11/201030/11/2010DutchPDF
Abridged model31/03/200915/10/200929/10/2009DutchPDF
Abridged model30/04/200720/10/200714/11/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/03/2026

3 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
DEVATRAN0441.687.520Represented by Marleen VANDEN BUVERIE
Director01/04/2022 → 17/09/2028Managing director20/09/2003 → 2022 accountsended
Xavier Degezelle
Managing director01/04/2023 → 17/09/2028Director28/04/2008 → 2024 accountsended
Yves Degezelle
Managing director01/04/2023 → 17/09/2028Director28/04/2008 → 2024 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Marleen Vanden Buverie
Directorlisted until the 2022 accounts
Christ Goethals
Director19/09/2015 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates10/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/12/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/09/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates19/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring19/09/2022
    DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring28/06/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates07/04/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings6 filings
Mandates
Yves Degezelle
Xavier Degezelle
DEVATRAN
Marleen Vanden Buverie
Christ Goethals
Dino Baillière
Greta Vanden Buverie
1989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028
Devagro Aannemingen
Pitantiestraat 100, 8792 Desselgem
Managing directorDirector
Managing directorDirector
DirectorManaging director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Pitantiestraat 100, 8792 DesselgemCurrent
accounts 2022 → 2026
Accounts 2026 · 2026-00596980

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Devagro AannemingenCurrent
accounts 2022 → 2026
Accounts 2026 · 2026-00596980

Events

  1. 2026
    Annual accounts 2026114,6 k €↑
  2. 2025
    Annual accounts 2025-1,8 M €↓
  3. 2024
    Annual accounts 2024155,4 k €↑
  4. 2022
    Annual accounts 202241,4 k €↓
  5. 2018
    Annual accounts 20184,8 M €↑
  6. 2007
    Annual accounts 2007179,6 k €
  7. 31/05/1989
    IncorporationPublic limited company