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DEVATRAN

Active Public limited companyfounded 1990active for 36 yearsPitantiestraat 100, 8792 WaregemKBO/BCE: BE 0441.687.520 #1 company by total assets in Waregem, Transport and storage sector
DEVATRAN
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Overview

Lifetime

19 annual accounts with figures on one time axis, 34 filings since 1992
peak €8.1m (2025)
€8.1m▲ 736%
lowest -€344,288 (2024)
€6.8m▲ €7.1m
peak €22.2m (2025)
€22.2m▲ 44.0%
€38.0m▲ 92.7%
peak 2.6 FTE (2013)
1.9 FTE▲ 26.7%
Board6 names since 2017
3 directorsX4 INVEST and 2 others
Documentsfilings and deeds
30-01-20261 day before the deadline
2025abbreviated format
Gross margin from €966,753 to €8.1mBack to profit: €6.8mStaff from 1.5 FTE to 1.9 FTEEquity from €15.4m to €22.2mDebts from €19.7m to €38.0mInvestments €7.4m

Key points

from the 2025 annual accounts

Result

€6.8m €6.8m
-€344,0002024€6.8m2025

Back in profit in 2025, after a loss of €344,288 in 2024.

Debts

€38.0m ▲ 92.7%
Other debts
+10.4
Suppliers
+0.1
The rest
+7.8

Debts rose by €18.3m in 2025.

Investments

€807,872 9.4 × depreciation
20242025

Green is investment, beige is depreciation. Land and buildings stand 1304.2% higher than in 2024.

Liquidity

0.77 was 0.27 in 2024

Short-term debts rose from €19.6m to €30.0m.

Group

13 companies controlled

Heads a group.

Position in the sector

€6.8m

Higher net result than 95% of companies in land transport. Sector median €22,414 · 2,412 companies.

Checked score

84
Excellent
Financially stronger than 54% of micro companies in land transport (NACE 49)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 1.8% across 9,097 companies (NACE 49, micro).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.2%▲ +0.1 percentage points vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.3%▲ +0.1 percentage points vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026highest value

Financial strength
Average

60-6equity 35.3% of total assets
26=short-term debt 47.8% · cash 0.1%
80+60return on assets 10.8%

Score breakdown

raises risk
Liquidity: current ratio 0.77, cash €37,179, halved
Sector: Land transport and transport via pipelines (NACE 49)
lowers risk
Founded in 1990
Size: 1.9 FTE, total assets €62.8m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 47% of them on solvency, 23% on liquidity, 65% on profitability and 79% on growth.

The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit verdict

Credit of up to €1,850,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.77 (0.27 in 2024), below 1. Short-term debt is 47.8% and cash 0.1% of total assets. 64.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.77, cash €37,179, halved
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
lowers risk · Size: 1.9 FTE, total assets €62.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
1 day early
2022
27 days early
2021
on the day
2020
26 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MV
Marleen Vanden Buverie
Chair
XI
X4 INVEST
Managing director, Xavier Degezelle
YI
YDG INVEST
Managing director, Yves Degezelle

Shares in 8 companies, including A.I.S and CREA-BUILDING

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441687520
Merger: DEVATRAN takes over XAVYVE Permanent representative: MarleenVandenBuverie · The company holds all the shares of XAVYVE · Director discharge: DEVATRAN (bestuurderovergenomenvennootschap) · General meeting of 03-12-2024 · Gazette deed
Merger proposal: Devatran takes over XAVYVE Permanent representative: Xavier Degezelle · The company holds all the shares of XAVYVE · Gazette deed
Amendment of the articles General meeting of 09-10-2023 · Gazette deed
All 50 events

Comparable companies

same main activity, similar in size and age
Company
DEVATRAN Waregem - - 35.3% 1.9
TRUCK & TRAILER RENTING Herstal - - 13.4% -
RETAIL PERFORMANCE MANAGEMENT CONSULTING Halle - - 36.7% 5.6
WIJNGAARD NATIE INTERNATIONAL Antwerp €0.7m - 63.9% 2
DE VREESE LOGISTIC Oudenaarde - - 24.5% -
HAVART Soumagne - - 56.7% -
S-WORKS Wingene €2.5m 18.6% 62.6% 3

These companies have the same main activity as DEVATRAN: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €14m and €46m, founded between 1984 and 1998.

Official details

Source: KBO
Status
Active since 10-10-1990Normal situation
Registered office
14 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
Activity
Freight transport by roadNACE 49410
Joint committee
226White-collar workers in international trade, transport and logistics · annual accounts 30-06-2025
Establishment unit
2.050.115.2898792 Waregem, since 06-11-1990
Financial year end
30 June
Peppol
Reachable since 11-08-2025
Company details

Annual accounts to 30-06-2025

€8.1m▲ 736%
≈ €15.0mestimated
€6.8m
€22.2m▲ 44.0%
€62.8m▲ 66.4%
Employeeson 30-06-2025
3▲ 50.0%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Companies linked to DEVATRAN

Insights on DEVATRAN

DEVATRAN files the abbreviated format. That format states no turnover. The gross margin rose from €24,181 in 2007 to €8.1m in 2025.

In April 2023, the Official Gazette published the appointment of X4 INVEST as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 30-01-2026, 1 day before the deadline
€8.1m
▲ 736%
€7.8m
▲ 69×
€7.9m
▲ 55×
€6.9m
▲ €7.2m
35.3%
▼ 5.5 percentage points
0.77
▲ 0.50

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €15.0m. Estimated: probably between €13.0m and €18.0m.

In the rankings #1 company by total assets in Waregem, Transport and storage sector#1 company by equity in Waregem, Transport and storage sector

Balance sheet

balance sheet total €62.8m on 30-06-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

Compare with sector

35.3%

Higher than 45% of 2,418 companies in 2025.

0.77

Higher than 19% of 2,369 companies in 2025.

10.8%

Higher than 74% of 2,377 companies in 2025.

DEVATRAN Middle half of the sector 80% of the sector Abbreviated accounts in land transport (NACE 49)

Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: bottom quarter

Staff

€114,960

Staff costs divided by the average number of full-time equivalents.

people who joined people who left

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 62.8m37.7m37.0m23.1m22.8m22.7m22.1m21.7m18.5m18.4m19.3m16.1m14.4m13.3m13.0m594,323477,717459,065476,091
20 --------0000000000-
21/28 39.7m32.4m28.8m16.6m16.7m16.7m18.8m18.8m15.5m15.9m16.5m14.2m12.5m11.6m11.6m272,180172,385174,635177,335
21 --------0000000000-
22/27 710,576237,44836,87662,67988,482114,285150,530156,938528,114928,3991.5m234,91738,51947,67959,07532,38032,38534,63537,335
22 429,46930,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,58530,585
23 -------94,505455,325839,7291.4m204,3327,93417,09428,4901,79600-
24 281,107206,8646,29232,09557,89783,700119,94531,84842,20458,08673,967000001,8004,0506,750
26 --------0000000000-
27 --------0000000000-
28 39.0m32.2m28.8m16.6m16.6m16.6m18.7m18.7m15.0m15.0m15.0m14.0m12.4m11.5m11.5m239,800140,000140,000140,000
29/58 23.1m5.3m8.2m6.4m6.1m6.1m3.3m2.9m2.9m2.4m2.8m1.9m1.9m1.7m1.4m322,142305,332284,430298,756
29 --------363,105332,361410,3220000000-
290 --------0000000000-
291 --------363,105332,361410,3220000000-
3 --------0000000000-
30/36 --------0000000000-
37 --------0000000000-
40/41 8.2m4.2m4.8m2.8m2.3m3.8m2.1m2.2m2.0m1.6m2.3m1.6m1.6m783,228849,47841,5624,96216,38949,480
40 316,070835,177111,80098,89628,977419,597269,306534,326581,446834,748494,55969,537105,22238,750107,11839,6032,72316,38945,103
41 7.9m3.4m4.7m2.7m2.3m3.4m1.9m1.7m1.4m744,8181.8m1.5m1.5m744,478742,3601,9582,23904,377
50/53 14.8m499,692456,270437,715----0000000253,310252,6280-
54/58 37,179547,6482.9m3.2m3.8m2.2m1.2m609,767539,106458,54791,89913,202116,349651,074534,97627,27147,550268,041241,992
490/1 57,23145,46523,67410,8874,9264,4228,27918,4154,56338,95849,160250,751228,484261,35260,098019107,284
Balance sheet: equity and liabilities
10/49 62.8m37.7m37.0m23.1m22.8m22.7m22.1m21.7m18.5m18.4m19.3m16.1m14.4m13.3m13.0m594,323477,717459,065476,091
10/15 22.2m15.4m16.5m16.5m16.3m16.2m12.8m12.4m12.5m12.5m12.5m12.5m13.2m12.8m12.6m229,694227,517220,935213,959
10/11 8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m10.4m10.4m10.4m62,00062,00062,00062,000
10 8.4m8.4m8.4m8.4m---------------
100 8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m8.4m10.4m10.4m10.4m62,00062,00062,00062,000
101 --------0000000000-
11 --------0000000000-
1100/10 --------0000000000-
12 98989898989898989898980000000-
13 13.8m7.0m7.4m7.3m7.2m7.1m3.6m3.2m3.2m3.0m2.8m2.6m1.3m947,232714,178167,694165,517158,935151,959
130/1 390,829367,210367,210365,144359,005354,305-----0000000-
130 390,829367,210367,210365,144359,005354,305180,605160,255158,225151,065141,050129,50064,00045,30033,6006,2006,2006,2006,200
1312 --------0000000000-
1319 --------0000000000-
132 6.3m-------000000001,0572,3773,961
133 7.1m6.7m7.0m7.0m6.8m6.7m3.4m3.1m3.0m2.9m2.7m2.5m1.3m901,932680,578161,494158,260150,358141,798
14 --------0000000000-
15 -0741,000749,916749,916749,916749,916787,718954,7811.1m1.3m1.5m1.5m1.5m1.5m000-
19 -----------0000000-
16 2.7m2.6m2.6m2.6m2.6m2.6m2.6m2.5m2.5m2.5m2.5m000005431,2232,039
160/5 2.7m2.6m2.6m2.6m2.6m2.6m2.6m2.5m2.5m2.5m2.5m0000000-
160 --------0----------
161 --------0----------
162 --------0----------
163 ------2.6m-0----------
164/5 2.7m2.6m2.6m2.6m2.6m2.6m-2.5m2.5m----------
168 --------000000005431,2232,039
17/49 38.0m19.7m17.9m4.0m3.8m3.9m6.8m6.8m3.4m3.4m4.4m3.6m1.2m441,869432,937364,629249,657236,907260,093
17 7.9m-------148,736148,736148,7362.2m218,736218,736218,736218,736218,736218,736219,354
170/4 -----------0000000-
175 --------0000000000-
176 --------0000000000-
178/9 7.9m-------148,736148,736148,7362.2m218,736218,736218,736218,736218,736218,736219,354
42/48 30.0m19.6m17.8m3.9m3.7m3.8m6.7m6.7m3.0m2.9m3.9m1.3m892,919155,012166,393113,4206,8573,5471,548
42 --------0000000000-
43 -----------0000000-
430/8 --------0000000000-
439 --------0000000000-
44 143,07242,308351,265215,81219,24030,371102,483100,62737,7796,848302,8312,4125681,98802,3445,8621,67985
440/4 143,07242,308351,265215,81219,24030,371102,483100,62737,7796,848302,8312,4125681,98802,3445,8621,67985
441 --------0000000000-
46 --------0000000000-
45 39,540132,82325,04560,74016,02886,70564,118102,70476,09894,37315,86922,99733,23232,59545,96510,6473681,2391,463
450/3 22,119128,73211,26649,5935,68476,70117,97893,05247,85165,1631,4184,91513,3689,89421,3056,2563681,2391,463
454/9 17,4214,09113,77911,14710,34410,00446,1419,65228,24729,21014,45118,08219,86422,70224,6594,39100-
47/48 29.8m19.4m17.5m3.6m3.7m3.7m6.5m6.5m2.9m2.8m3.6m1.2m859,119120,428120,428100,428628628-
492/3 75,91374,14871,34671,240149,731103,575168,97395,392314,575362,544333,833147,109107,34768,12147,80832,47324,06314,62439,191
Income statement
70 --------0000000000-
76A 7.4m55,000------00009,98300000-
9900 8.1m966,753304,034431,350287,043415,076281,503578,022823,449940,5821.0m207,854226,767215,358143,34829,91018,78020,90924,181
60/61 --------0000000000-
62 218,423101,740133,194109,90299,644103,673105,304115,390195,149188,907188,574194,207224,917192,054145,69412,98800-
630 85,50929,02925,80325,80325,80336,245129,897376,701400,285575,700501,83517,3029,16011,39617,3061,8022,2502,7004,500
631/4 --------0000000000-
635/8 --------0000000000-
640/8 7,361723,0477,9827,9927,6188,6267,9958,8717,4704,7646,4261,6421,7801,1851,0031,0821,0341,0311,313
649 --------0000000000-
66A --------0000000000-
9901 7.8m112,937137,055287,653153,978266,53138,30777,060220,544171,210343,028-5,297-9,08910,722-20,65514,03715,49617,17918,368
75/76B 381,69897,63932,60741,958149,0643.4m613,112178,639147,193263,376215,7581.4m412,833242,657586,4247315,7555,112684
75 381,69897,63932,60741,958149,0643.4m613,112178,639147,193263,376215,7581.4m412,833242,657586,4247315,7555,112684
76B --------0----------
65/66B 1.4m554,417121,384201,635208,457180,917244,177214,807216,948233,939341,46162,69539,24520,32519,28513,13413,13413,14513,157
65 1.4m549,417121,384201,635208,457180,917244,177214,807216,948233,939341,46162,69539,24520,32519,28513,13413,13413,14513,157
66B 05,000------0----------
9903 6.8m-343,84148,278127,97694,5853.5m407,24240,891150,789200,648217,3251.3m374,481233,054546,4841,6348,1179,1465,895
67/77 4654476,9595,2047331,0388183177,6164391,4344,9332,6670002,2152,9862,549
9904 6.8m-344,28841,320122,77293,8523.5m406,42440,575143,173200,209215,8901.3m371,813233,054546,4842,1776,5826,9764,706
789 --------00000001,0571,3201,5842,640
689 6.3m-------0000000000-
9905 472,383-344,28841,320122,77293,8523.5m406,42440,575143,173200,209215,8901.3m371,813233,054546,4843,2347,9028,5607,346
Appropriation of the result
9906 472,383-344,28841,320122,77293,8523.5m406,42440,575143,173200,209215,8901.3m371,813233,054546,4843,2347,9028,5607,346
791/2 0344,288------0000000000-
691/2 472,383041,320122,77293,8523.5m406,42440,575143,173200,209215,8901.3m371,813233,054546,4843,2347,9028,5607,346
691 --------0000000000-
6920 23,61902,0666,1394,700173,70020,3502,0307,16010,01511,55065,50018,70011,70027,400000-
6921 448,764039,254116,63489,1523.3m386,07438,545136,013190,194204,3401.2m353,113221,354519,0843,2347,9028,5607,346
694/7 -----------0000000-
694 --------0000000000-
695 --------0000000000-
696 --------0----------
Social balance sheet
9087 1.91.51.51.41.41.61.61.622222.62.31.80---
Hours worked1013 3,2211,7592,5652,4372,4112,8402,9132,7903,2933,3703,4523,3884,3764,0272,9820---
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 15 older financial years (1992-2006) were filed as documents without figures as data, scans for example.

The notes to these accounts have 20 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 30-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 abbreviated format 30-01-2026 2026-00022595 PDF
30-06-2024 abbreviated format 31-01-2025 2025-00022166 PDF
30-06-2023 abbreviated format 30-01-2024 2024-00013191 PDF
30-06-2022 abbreviated format 04-01-2023 2023-20552495 PDF
30-06-2021 abbreviated format 31-01-2022 2022-04100414 PDF
30-06-2020 abbreviated format 26-02-2021 2021-06300358 PDF
30-06-2019 abbreviated format 31-01-2020 2020-03600040 PDF
30-06-2018 abbreviated format 21-12-2018 2018-75500240 PDF
30-06-2017 abbreviated format 19-01-2018 2018-01800537 PDF
30-06-2016 abbreviated format 02-02-2017 2017-03800507 PDF
30-06-2015 abbreviated format 25-02-2016 2016-05200246 PDF
30-06-2014 abbreviated format 27-02-2015 2015-05200357 PDF
30-06-2013 abbreviated format 14-02-2014 2014-03800056 PDF
30-06-2012 abbreviated format 26-02-2013 2013-04700532 PDF
30-06-2011 abbreviated format 24-02-2012 2012-04300302 PDF
30-06-2010 abbreviated format 18-02-2011 2011-03700271 PDF
30-06-2009 abbreviated format 22-01-2010 2010-01800312 PDF
30-06-2008 abbreviated format 06-01-2009 2009-00100333 PDF
30-06-2007 abbreviated format 26-10-2007 2007-78100347 PDF
30-06-2006 abbreviated format 30-01-2007 2007-03002439 PDF
30-06-2005 abbreviated format 14-02-2006 2006-04803558 PDF
30-06-2004 abbreviated format 06-12-2004 2004-83403552 PDF
30-06-2003 abbreviated format 09-12-2003 2003-82504407 PDF
30-06-2002 abbreviated format 10-12-2002 2002-76200152 PDF
30-06-2001 abbreviated format 10-12-2001 2001-74804390 PDF
30-06-2000 abbreviated format 06-12-2000 2000-74602914 PDF
30-06-1999 abbreviated format 08-12-1999 1999-62402689 PDF
30-06-1998 abbreviated format 27-05-1999 1999-12100177 PDF
30-06-1997 abbreviated format 29-12-1997 1997-58701091 PDF
30-06-1996 abbreviated format 18-12-1996 1996-54001028 PDF
30-06-1995 abbreviated format 12-12-1995 1995-59602943 PDF
30-06-1994 abbreviated format 13-12-1994 1994-49802390 PDF
30-06-1993 abbreviated format 13-12-1993 1993-45502332 PDF
30-06-1992 abbreviated format 10-12-1992 1992-40201145 PDF

Subsidies and aid

Flemish government 2022 to 2025, 4 entries, €1,367 awarded, €1,257 paid

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
€1,367
Year Entries AwardedPaid
2025 1 €41€41
2024 1 €42€526
2023 1 €732€138
2022 1 €552€552

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
7.9m141,966162,858313,456179,781302,776168,204453,761620,829746,910844,86212,0057022,118-3,34915,83917,74619,87922,868
6.9m-315,25967,122148,575119,6553.5m536,320417,276543,459775,909717,7251.3m380,973244,450563,7903,9798,8329,6769,206
10.1m3.6m12.2m00-2.1m123,4893.7m002.8m1.8m938,691011.3m101,5980011,250
-510,469-2.4m-256,354-654,2451.6m1.1m556,45670,66180,559366,64778,697-103,147-534,725116,098507,705-20,279-220,49026,049-
-6.9m-14.3m-9.6m2.5m2.4m2.2m-3.3m-3.8m-45,458-448,290-1.1m624,3521.0m1.5m1.3m208,722298,475280,883297,208
35.3%40.8%44.5%71.4%71.7%71.4%57.7%57.1%67.8%68.1%64.7%77.6%91.5%96.7%96.7%38.6%47.6%48.1%44.9%
0.770.270.461.641.651.580.500.430.980.840.731.502.1410.948.682.8444.5380.20-
1.711.281.090.240.240.240.530.550.270.270.350.290.090.030.031.591.101.071.22
30.6%-2.2%0.3%0.7%0.6%21.4%3.2%0.3%1.1%1.6%1.7%10.5%2.8%1.8%4.3%0.9%2.9%3.2%2.2%
10.8%-0.9%0.1%0.5%0.4%15.3%1.8%0.2%0.8%1.1%1.1%8.1%2.6%1.8%4.2%0.4%1.4%1.5%1.0%
5.710.261.341.55---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item30-06-202530-06-202430-06-202330-06-2022
Employees at the balance-sheet date3222
full-time2110
part-time1112
in full-time equivalents2.51.51.51.4
1.91.51.51.4
On a permanent contract3222
Training hours---46

Source: social balance sheet in the 2022 to 2025 annual accounts

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€807,872€229,601--
Financial fixed assets€9.3m€3.4m€12.2m-
€85,509€29,029€25,803€25,803

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on DEVATRAN

The operating result for 2025 is 69 times that of 2024 and the highest since 2007. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total rises from 52.2% to 60.5%. Equity and debt are higher.

Board & ownership

Board

3 directors, 2 in day-to-day management, last change in 2023
Marleen Vanden Buverie
Chair of the board and director
chair of the board appointed by deed of 21-04-2023 director current term since 01-04-2023 term until 02-12-2028
earlier managing director, until 21-04-2023
listed in the 2025 annual accounts, filed on 30-01-2026
X4 INVEST BV
Director and managing director, permanent representative Xavier Degezelle
director current term since 01-04-2023 managing director appointed by deed of 21-04-2023 term until the 2028 general meeting
also on the board of 3 other companies
listed in the 2025 annual accounts, filed on 30-01-2026
YDG INVEST BV
Director and managing director, permanent representative Yves Degezelle
director current term since 01-04-2023 managing director appointed by deed of 21-04-2023 term until the 2028 general meeting
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 30-01-2026
X4 INVEST, YDG INVEST
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 16: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
deed of 12-10-2023
Permanent representatives 2
Xavier Degezelle
Permanent representative, for X4 INVEST
appointed by deed of 21-08-2017
Yves Degezelle
Permanent representative, for YDG INVEST
appointed by deed of 21-08-2017

Office holders in the KBO →

Mandates through the years

6 names, the dashed line is today
X4 INVEST
Director, Managing director
YDG INVEST
Director, Managing director
Marleen Vanden Buverie
Director, Chair of the board
Ignace Degezelle
Managing director
Xavier Degezelle
Director
Yves Degezelle
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • X4 INVEST
    • Director, appointed by deed of 21-08-2017, still in office
    • Managing director, appointed by deed of 21-04-2023, still in office
  • YDG INVEST
    • Director, appointed by deed of 21-08-2017, still in office
    • Managing director, appointed by deed of 21-04-2023, still in office
  • Marleen Vanden Buverie
    • Director, since before 01-12-2018
    • Managing director, from before 24-01-2019 to 21-04-2023
    • Chair of the board, appointed by deed of 21-04-2023, still in office
  • Ignace Degezelle
    • Director, from before 01-12-2018 to 21-04-2023
    • Chair of the board, from before 24-01-2019, ended, last mentioned on 24-01-2019
    • Managing director, from before 24-01-2019 to 21-04-2023
  • Xavier Degezelle
    • Director, until 01-07-2017
  • Yves Degezelle
    • Director, until 01-07-2017

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Capital
€8,387,644
Shares
7,116
Contribution per share
€1,179
Equity per share
€3,117 in 2025
Source
deed of 12-10-2023

Articles of association

deed of 12-10-2023 (in Dutch)
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
“6 jaar”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of December at 09:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Bevoegdheden vereffenaars, alle wettelijk vermelde verrichtingen tenzij algemene vergadering anders besluit bij gewone meerderheid”

Network & group

Holdings

own accounts to 30-06-2025, the bar shows equity in euros
This companyDEVATRAN8 holdings, 1 country accounts to 30-06-2025

Belgium 8 Year Equity Result

Source: list of holdings in its own 30-06-2025 accounts. Every holding stands with its own latest accounts.

Heads the group DEVATRAN Group, risk and exposure

At the same address

Pitantiestraat 100, 8792 Waregem · 13 other companies
Devagro Aannemingen
registered office since 06-06-1989 · founded in 1989 · group DEVATRAN
 103 FTE (2026)
0437.460.397
Devagro Saneringen
registered office since 01-04-2022 · founded in 2000 · group DEVATRAN
 21 FTE (2025)
0472.402.074
Devagro Beton & Recyclage
registered office since 01-04-2022 · founded in 2000 · group DEVATRAN
 29 FTE (2025)
0472.011.601
Degezelle Vastgoed
registered office since 01-01-2014 · founded in 2011 · group DEVATRAN
 14 FTE (2025)
0836.163.061
DEVAMO
registered office since 26-05-1994 · founded in 1994 · group DEVATRAN
 total assets €12.0m (2025)
0452.721.368
DOP MEULEBEKE
registered office since 21-08-2018 · founded in 2018
 total assets €8.4m (2025)
0701.629.902
VESTAPRO
registered office since 03-07-2024 · founded in 2024 · negative equity (2026) · group DEVATRAN
 total assets €3.3m (2026)
1011.109.687
Devagro Transport
registered office since 01-04-2022 · founded in 2010 · group DEVATRAN
 6.5 FTE (2025)
0828.718.906
YDG INVEST
registered office since 21-01-2011 · founded in 2010
 total assets €985,482 (2025)
0832.688.481
DAVAN
registered office since 01-02-1955 · founded in 1968 · negative equity (2025)
 total assets €700,696 (2025)
0405.494.939
and 3 more

Holdings and subsidiaries

8 holdings · 13 subsidiaries, including indirect ones

Holdings 8

Share, source and own figures per holding (8)

Source for every holding own accounts 30-06-2025

  • A.I.Ssubsidiary
    Equity €370,269 Profit of €9.7m in 2025 (profit of €6,635 in 2024) Checked score 81
    100%
  • CREA-BUILDINGsubsidiary
    Equity €189,649 Profit of €4,695 in 2025 (profit of €1,375 in 2024) Checked score 95
    100%
  • Degezelle Vastgoedsubsidiary
    Equity €4.8m Loss of €2.4m in 2025 (loss of €702,481 in 2024) Checked score 87
    100%
  • Devagro Aannemingensubsidiary
    Equity €11.4m Profit of €114,636 in 2026 (loss of €1.8m in 2025) Checked score 94
    100%
  • VESTAPROsubsidiary
    Equity -€125,212 Loss of €130,212 in 2026 Checked score 53
    100%
  • Devagro Saneringensubsidiary
    Equity €4.7m Profit of €654,686 in 2025 (profit of €31,835 in 2024) Checked score 88
    91.41%
  • DEVAMOsubsidiary
    Equity €11.1m Loss of €42,576 in 2025 (profit of €2.0m in 2024) Checked score 97
    90.02%
  • Devagro Beton & Recyclagesubsidiary
    Equity €8.9m Profit of €949,619 in 2025 (profit of €70,075 in 2024) Checked score 92
    81%
Former holdings (1)
All subsidiaries, including indirect ones 13

DEVATRAN or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

Holdings through the years 2007 to 2025
Holdings through the years
Name2007200820092010201120122013201420152016201720182019202020212022202320242025
A.I.S 99.68%99.67%99.68%100%
CREA-BUILDING 100%
Degezelle Vastgoed 99.93%100%
Devagro Aannemingen 79.94%56.29%89.29%100%
VESTAPRO 100%
Devagro Saneringen 35%60%45%67.5%24%91.41%
DEVAMO 99.93%99.97%99.96%99.97%95.37%100%90.02%
Devagro Beton & Recyclage 35%60%54%81%
PHIVAL 85.34%97.96%100%
XAVYVE 91.49%92.03%92.02%92.03%100%
PARK RODENBACH 100%
DEVAMAT 99.8%
IMMO 8790 via 100%
DEVAKOM 99%

Source: list of holdings in its own accounts

Board mandates elsewhere

12 board mandates
Board mandates of DEVATRANDEVATRAN sits on their board12
Romenor
Director
Founded in 2024 · total assets €3.9m (2025) · negative equity · group DEVATRAN
VESTAPRO
Director
Founded in 2024 · total assets €3.3m (2026) · negative equity · group DEVATRAN
Devagro Aannemingen
Director, Managing director
Founded in 1989 · 103 FTE (2026) · group DEVATRAN
Devagro Saneringen
Director, Managing director · 2 locations
Founded in 2000 · 21 FTE (2025) · group DEVATRAN
DEVAMO
Director, Managing director
Founded in 1994 · total assets €12.0m (2025) · group DEVATRAN
Pomirco
Director
Founded in 2017 · total assets €11.9m (2025) · group DEVATRAN
Show 6 more
Devagro Transport
Director, Managing director · 2 locations
Founded in 2010 · 6.5 FTE (2025) · group DEVATRAN
AMADEO F&B SERVICES
Director
Founded in 1991 · total assets €1.4m (2025)
CREA-BUILDING
Director, Managing director
Founded in 1995 · total assets €266,305 (2025) · group DEVATRAN
Phival
Director, Managing director
No longer active · total assets €2.4m (2024)
CREABOUW
Director, Managing director
No longer active · 14 FTE (2023) · group DEVATRAN
PARK RODENBACH
Director
No longer active · total assets €2,656 (2023)

Acquisitions and mergers

1 transaction
Took over:XAVYVE
BE 0890.889.075operation treated as a merger by absorption · Gazette deed of 24-12-2024 (3 deeds) · effective 03-05-2024

Connections & network

3 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

50 events since 1990

Deadline for the 2026 accounts: 31-01-2027

2026
Annual accounts 2025 filed PDFabbreviated format · 1 day before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0441687520
Back to profit net €6.8m The net result is €6.8m, after one loss-making year.
Annual accounts 2024 filed PDFabbreviated format · on the deadline day
2024
Merger: DEVATRAN takes over XAVYVEPermanent representative: MarleenVandenBuverie · The company holds all the shares of XAVYVE · Director discharge: DEVATRAN (bestuurderovergenomenvennootschap) · General meeting of 03-12-20248 points ▸
  • General meeting, 03-12-2024, mentioned twice in the deed
  • Accounting effect, 01-07-2024
  • The company holds all the shares of XAVYVE
  • Director discharge, DEVATRAN (bestuurderovergenomenvennootschap)
  • Director discharge, YvesDegezelle (bestuurderovergenomenvennootschap)
  • Director discharge, XavierDegezelle (bestuurderovergenomenvennootschap)
  • Permanent representative, MarleenVandenBuverie
  • Power of attorney, RonnyVanEeckhout
  • The deed holds 12 more points.

Open the deed in the Belgian Official Gazette

Weakest financial year net -€344,288 The net result drops to -€344,288, the lowest from 2007 to 2025. It recovers the following year.
Merger proposal: Devatran takes over XAVYVEPermanent representative: Xavier Degezelle · The company holds all the shares of XAVYVE3 points ▸
  • Permanent representative, Xavier Degezelle
  • The company holds all the shares of XAVYVE
  • Accounting effect, 01-01-2024
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 1 day before the deadline
2023
Amendment of the articlesGeneral meeting of 09-10-20234 points ▸
  • General meeting, 09-10-2023
  • Capital, €8,387,644, 7,116 shares
  • Registered office clause, Pitantiestraat 100, 8792 Waregem
  • Power of attorney, Ronny Van Eeckhout
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2 directors appointed, 1 resignation, 3 reappointmentsChange of role: Marleen Vanden Buverie, from managing director to chair of the board · Resignation: Ignace Degezelle (managing director and chair of the board) · Reappointments: Marleen Vanden Buverie, BV YDG INVEST and BV X4 INVEST · General meeting of 01-04-202312 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 27 days before the deadline
2022
Environmental permit refused OmgevingsloketBouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen and 1 more · Provincie West-Vlaanderen
Annual accounts 2021 filed PDFabbreviated format · on the deadline day
2021
Annual accounts 2020 filed PDFabbreviated format · 26 days late
2020
Liquidity more than triples current ratio 1.58 The current ratio rises from 0.50 to 1.58. Short-term debt falls from €6.7m to €3.8m.
Annual accounts 2019 filed PDFabbreviated format · on the deadline day
2019
Registered office moved within WaregemNew registered office: Pitantiestraat 100, 8792 Waregem (Desselgem) · Previous registered office: Pitantiestraat 79, 8792 Waregem (Desselgem) · Registered office clause: Pitantiestraat 79, 8792 Waregem (Desselgem) · Board meeting of 25-07-20193 points ▸
  • Registered office clause, Pitantiestraat 79, 8792 Waregem (Desselgem)
  • Board meeting, 25-07-2019
  • Registered-office move, Pitantiestraat 100, 8792 Waregem (Desselgem)

Open the deed in the Belgian Official Gazette

4 directors reappointedIgnace Degezelle (chair of the board), Marleen Vanden Buverie (managing director), YDG INVEST and X4 INVEST · Permanent representatives: Yves Degezelle and Xavier Degezelle · General meeting of 01-12-201811 points ▸

Open the deed in the Belgian Official Gazette

2018
Annual accounts 2018 filed PDFabbreviated format · 41 days before the deadline
Annual accounts 2017 filed PDFabbreviated format · 12 days before the deadline
2017
2 directors appointed, 2 resignationsResignations: Yves Degezelle and Xavier Degezelle · Appointments: YDG INVEST and X4 INVEST · Permanent representatives: Yves Degezelle and Xavier Degezelle · General meeting of 03-07-20177 points ▸

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFabbreviated format · 2 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 25 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 27 days late
2014
Annual accounts 2013 filed PDFabbreviated format · 14 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 26 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 24 days late
2011
Liquidity more than triples current ratio 8.68 The current ratio rises from 2.84 to 8.68.
Equity above €10m equity €12.6m ▲5,377% With a profit in every financial year since 2007, equity grows to €12.6m.
Annual accounts 2010 filed PDFabbreviated format · 18 days late
2010
Annual accounts 2009 filed PDFabbreviated format · 9 days before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · 25 days before the deadline
2007
Annual accounts 2007 filed PDFabbreviated format · 97 days before the deadline
Annual accounts 2006 filed PDFabbreviated format · 1 day before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2004
Annual accounts 2004 filed PDFabbreviated format
2003
Annual accounts 2003 filed PDFabbreviated format
2002
Annual accounts 2002 filed PDFabbreviated format
2001
Annual accounts 2001 filed PDFabbreviated format
2000
Annual accounts 2000 filed PDFabbreviated format
1999
Annual accounts 1999 filed PDFabbreviated format
Annual accounts 1998 filed PDFabbreviated format
1997
Annual accounts 1997 filed PDFabbreviated format
1996
Annual accounts 1996 filed PDFabbreviated format
1995
Annual accounts 1995 filed PDFabbreviated format
1994
Annual accounts 1994 filed PDFabbreviated format
1993
Annual accounts 1993 filed PDFabbreviated format
1992
Annual accounts 1992 filed PDFabbreviated format
1990
First establishment Pitantiestraat 100, Waregem
Incorporation published on 27-10-1990

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

DEVATRAN was incorporated on 10 October 1990.1 The registered office was moved to Waregem in 2019.2 In 2024 the company absorbed XAVYVE by merger.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 16-08-2019
  3. 3Belgian Official Gazette, 24-12-2024

Company details

Identity

Enterprise number
0441.687.520
VAT number
BE 0441.687.520
Peppol ID
0208:0441687520
Legal form
Public limited company
Status
Active, normal situation
Founded
10-10-1990
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of December at 09:00
deed of 12-10-2023 (in Dutch)
Peppol
Reachable since 11-08-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
DEVATRAN in Dutch
Entity type
Legal entity
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-10-2023 (in Dutch)

Activities

NACEBEL 2025
VAT activities
49410 Freight transport by road main activity
Social security (RSZ) activities
49410 Freight transport by road main activity
Joint committees annual accounts 30-06-2025
JC 226 White-collar workers in international trade, transport and logistics
Codes under NACEBEL 2008
VAT activities
49410 Road freight transport main activity
Social security (RSZ) activities
49410 Road freight transport main activity
Codes under NACEBEL 2003
60242 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het uitvoeren van diverse transporten voor derden zowel van goederen als personen en alle aanverwante activiteiten; De handel en verhuring…”
12 activities
  1. Het uitvoeren van diverse transporten voor derden zowel van goederen als personen en alle aanverwante activiteiten;
  2. De handel en verhuring van roerende goederen die gebruikt worden in de wegenbouw en aanverwante sectoren.
  3. Het drijven van een handel in alle producten bestemd voor de bouw en meer in het bijzonder in bouwstoffen:
  4. Het delven van zand en van andere grondstoffen voor de bouw en het drijven van een handel in alle voornoemde producten;
  5. Het uitvoeren van alle grondwerken en van alle wegenwerken;
  6. Het vervaardigen van beton;
  7. Het uitvoeren van metsel- of betonwerken van gebouwen; het aanbrengen van veranderingen of herstellingen aan gebouwen; het in functie van hogervermelde werken plaatsen van geprefabriceerde elementen die tot de ruwbouw of de onderdakbrengingswerken behoren;
  8. Het uitvoeren van alle sloopwerken;
  9. Zowel voor eigen rekening als voor rekening van derden of in deelneming met derden,zelf of door bemiddeling van elke andere natuurlijke of rechtspersoon in België en in het buitenland alle verrichtingen doen die direct of indirect betrekking hebben op het beheer,de aankoop,de verkoop,de verhuring,en de financiering van onroerende goederen en/of diensten;
  10. Beheer,bestuur van en adviesverlening aan bedrijven en vennootschappen;
  11. Alle financiële en beheersverrichtingen,onder meer,krediet en financiering,belegging in roerende waarden,het nemen van participaties in nieuwe en bestaande vennootschappen,beheren van vermogen,hypothecaire en andere borgstelling,commissie- en delcredereverrichtingen voor zover dit wettelijk is toegelaten;
  12. De dienstverlening op het gebied van boekhouding,management,bestuur,beheer en onderhoud voor andere firma's evenals het ter beschikking stellen van personeel aan andere firma's.
deed of 21-05-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Pitantiestraat 100 registered office 8792 Waregem 06-11-1990 2.050.115.289

Buildings and parcels at the address

Ground area
7,346 m²
Buildings
4,593 m²
Volume, LiDAR
26,171 m³
Tallest building
8.9 m
Buildings to scale, each on its own parcel
4,593 m², 8.9 m 4,593 m², 8.9 m

Environmental permits

3 applications in Flanders since 2020 · 1 refused
03-02-2022 Refused Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 19-02-2021 · project 2021011471 Provincie West-Vlaanderen
14-12-2020 Discontinued Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 11-08-2020 · project 2020094861 Waregem
13-07-2020 Discontinued Bouwen of herbouwen; Nieuwbouw of aanleggen; Slopen van niet vrijstaande gebouwen of constructies submitted 15-06-2020 · project 2020061732 Waregem

Source: Omgevingsloket Vlaanderen.

Location

registered office establishment The establishment unit on the map
14 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
34010A0838/00R0007,346 m² 1 · 4,593 m² 8.9 m · 3

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