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DEVABO: employer check

DEVABO (Waregem) averaged 11 full-time equivalents in fiscal year 2024. Is the workforce growing, do people stay, and how does the employer compare with its sector?

DEVABO
BE 0424.169.815WaregemNACE 41.001, General construction of residential buildings
Social balance 2024 · abbreviated schemaOther company
Staff
10.6 FTE
12 people on 31-12-2024+9% on 2023
Sector median 3.3 FTEhighest quarter
Turnover
47%
8 joined, 5 left
Sector median 28%middle half
Staff cost per FTE
€55,800
fiscal year 2024 · cost to the employer, not a salary
Sector Higher than 31% of employers in Construction of buildings with 10 to 49 FTE
Training
None reported
The 2024 social balance states no training hours.
Sector 42% report trainingmedian 17.4 hlowest quarter

Staff cost per FTE over the years

euro per full-time equivalent

From 2021 to 2024 the staff cost per FTE rose by 34%. The sector's median is €61,700.

Highest staff cost per FTE in Construction of buildings

Staff over the years

average FTE

From 2021 to 2024 staff fell by 13%.

Entries and exits

joinedleft

Make-up on 31-12-2024

12 people
Full-time and part-timesector: 9% part-time
full-time 11 (92%)part-time 1 (8%)
Men and womensector: 7% women
men 12 (100%)
Type of contractsector: 100% permanent
permanent 12 (100%)
Job category
blue-collar 12 (100%)

Every figure per fiscal year

as filed
2021202220232024
Average staff (FTE)12.211.89.710.6
Full-time / part-time (average)12.2 / -11.8 / -9.2 / 0.79.9 / 1
People at the closing date1110912
Hours worked12,36012,81611,04012,920
Personnel cost€508,700€500,700€503,000€591,300
Joined (people)2638
Left (people)5745
Exit rate41%59%41%47%

Recognised training company

dual learning, Flanders

Not in the Flemish register of recognised dual-learning workplaces.

Employer stability

  • Status Active; no open bankruptcy or judicial reorganisation.
  • Financial health Checked score 86/100 (excellent), accounts 2024
  • Filing of accounts The accounts for 2025 are still missing; the legal deadline has passed.
  • In business since 17-05-1983 (43 years)

How to read these figures

  • Source: the social balance in the annual accounts the company filed with the National Bank of Belgium. It covers its own staff, not that of its subsidiaries.
  • Personnel cost is the employer's total cost (gross pay, employer contributions, insurance and other benefits), not an employee's pay.
  • The staff costs of the annual accounts (item 62) divided by the average staff in full-time equivalents of the same fiscal year: what one full-time employee costs the employer, social contributions included. Neither a gross nor a net salary.
  • The sector is the NACE division of the main activity. Percentages are compared with employers of at least 5 FTE; the middle half runs from the first to the third quartile.
  • Exits are the number of leavers in full-time equivalents against average staff. Students, flexi-jobs and seasonal work are included and can make the percentage high.