ACTIVE

DEVAMO

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Financial year 2025 · closed on 30/09/2025
Net result
-42,6 k €
-102.2% YoY
Gross margin
108,7 k €
+31.6% YoY
Equity
11,1 M €
+22.2% YoY
Workforce
0,0 ETP

What does DEVAMO do?

DEVAMO is a Public limited company incorporated in 1994. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Waregem.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0452.721.368
Incorporation
26/05/1994
Legal form
Public limited company
Registered office
Pitantiestraat 100
8792 Waregem · FlandreSee on map
Contributed capital
5 961 745,23 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Joint committees (1)
  • 124
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120172007
Income statement
Gross margin108,7 k €82,6 k €156,5 k €180,1 k €182,5 k €228,5 k €845,2 k €
EBITDA62,3 k €36,4 k €114,4 k €136,7 k €139,7 k €192,4 k €695,3 k €
Operating result-142,7 k €-89,5 k €16,9 k €37,6 k €18,3 k €-258,7 k €24,8 k €
Net result-42,6 k €2,0 M €5,7 k €18,0 k €3,1 k €-217,1 k €59,1 k €
Balance sheet
Equity11,1 M €9,1 M €6,0 M €6,0 M €6,0 M €3,0 M €1,0 M €
Total assets12,0 M €10,5 M €7,0 M €7,3 M €7,4 M €6,1 M €8,2 M €
Cash107,0 k €85,5 k €220,7 k €1,4 M €1,8 M €1,0 M €202,3 k €
Debts837,2 k €1,4 M €1,0 M €1,3 M €1,4 M €2,9 M €7,2 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP–––2,8 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 20 ended

Active mandates

DEVATRAN

Director · since 01 avril 2023 · until 17 mars 2029 · 0441.687.520

Represented by Marleen VANDEN BUVERIE

Active
Ignace Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Active
Xavier Degezelle

Managing director · since 01 avril 2023 · until 17 mars 2029

Active
Yves Degezelle

Managing director · since 01 avril 2023 · until 17 mars 2029

Active

Ended mandates

Xavier Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Ended
Yves Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Ended
DEVATRAN

Managing director · since 31 mai 2021 · until 21 mars 2026 · 0441.687.520

Represented by Ignace Degezelle

Ended
Xavier Degezelle

Managing director · since 16 avril 2019 · until 16 mars 2024

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/03/202615/04/202518/03/202427/04/202307/04/202230/04/2021
General meeting26/03/202615/03/202516/03/202431/03/202321/03/202229/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202526/03/202631/03/2026DutchPDF
Abridged model30/09/202415/03/202515/04/2025DutchPDF
Abridged model30/09/202316/03/202418/03/2024DutchPDF
Abridged model30/09/202231/03/202327/04/2023DutchPDF
Abridged model30/09/202121/03/202207/04/2022DutchPDF
Abridged model30/09/202029/04/202130/04/2021DutchPDF
Abridged model30/09/201914/04/202024/04/2020DutchPDF
Abridged model30/09/201816/04/201907/05/2019DutchPDF
Abridged model30/09/201717/03/201817/04/2018DutchPDF
Abridged model30/09/201618/03/201731/03/2017DutchPDF
Abridged model30/09/201519/03/201607/04/2016DutchPDF
Abridged model30/09/201421/03/201515/04/2015DutchPDF
Abridged model30/09/201315/03/201402/05/2014DutchPDF
Abridged model30/09/201220/03/201314/05/2013DutchPDF
Abridged model30/09/201125/04/201225/05/2012DutchPDF
Abridged model30/09/201019/03/201125/03/2011DutchPDF
Abridged model30/09/200925/03/201009/04/2010DutchPDF
Abridged model30/09/200821/03/200917/04/2009DutchPDF
Abridged model30/09/200715/03/200808/04/2008DutchPDF
Abridged model30/09/200617/03/200730/03/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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.

Governance

Board of directors

Seen on filing of 30/09/2025 · 4 active · 20 ended

Active mandates

DEVATRAN

Director · since 01 avril 2023 · until 17 mars 2029 · 0441.687.520

Represented by Marleen VANDEN BUVERIE

Active
Ignace Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Active
Xavier Degezelle

Managing director · since 01 avril 2023 · until 17 mars 2029

Active
Yves Degezelle

Managing director · since 01 avril 2023 · until 17 mars 2029

Active

Ended mandates

Xavier Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Ended
Yves Degezelle

Director · since 01 avril 2023 · until 17 mars 2029

Ended
DEVATRAN

Managing director · since 31 mai 2021 · until 21 mars 2026 · 0441.687.520

Represented by Ignace Degezelle

Ended
Xavier Degezelle

Managing director · since 16 avril 2019 · until 16 mars 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other06/07/2026
    —
    PDF
  • Restructuring13/05/2025
    DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares29/04/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Restructuring10/02/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Capital / shares10/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates21/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring28/08/2020
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-42,6 k €↓
  2. 2024
    Annual accounts 20242,0 M €↑
  3. 2023
    Annual accounts 20235,7 k €↓
  4. 2022
    Annual accounts 202218,0 k €↑
  5. 2021
    Annual accounts 20213,1 k €↑
  6. 2017
    Annual accounts 2017-217,1 k €↓
  7. 2007
    Annual accounts 200759,1 k €
  8. 26/05/1994
    IncorporationPublic limited company