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VAMIX

Active
Public limited companyfounded 197848 yrs activeOttergemsesteenweg-Zuid 816, 9000 Gent, BelgiumKBO/BCE: BE 0418.123.646
Summary

VAMIX has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €250.9m and a net result of -€13.2m. Equity is growing by ~23.4% per year across the filed fiscal years. Its solvency ranks better than 22% of 663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability24▼-26
Solvency41▼-8
Growth47▼-16
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.34 against 1.4 in 2024; short-term debt: 35.4% and cash: 1.4% of total assets), and 83.6% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 48 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.4%
Return on assets
-0.9%
Age of the figures
9 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 663 sector peers (2025).
NBB · sector comparison
Position among 663 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
49 d early
2023
49 d early
2022
42 d early
2021
44 d early
2020
46 d early
2019
46 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

VAMIX was incorporated on 20 March 1978.1 The registered office was moved to Gent in 2010.2 Between 2010 and 2014 the capital was increased 6 times, most recently to EUR 97 million.345 In 2014 the company absorbed CROUSTIFRANCE BENELUX by merger.6 Revenue went from EUR 907 million in 2018 to EUR 956 million in 2025 and headcount from 173 to 78.8 full-time equivalents.7

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 08-10-2010
  3. 3Belgian State Gazette, 19-07-2010
  4. 4Belgian State Gazette, 03-01-2014
  5. 5Belgian State Gazette, 22-12-2014
  6. 6Belgian State Gazette, 18-07-2014
  7. 7National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€956.0m▲ 1.8%
2024 · €939.5m
EBIT margin
1.3%▼ 4.4pp
2024 · 5.8%
Net result
-€13.2m
2024 · €98.2m
Working capital
-€355.6m
2024 · €66.7m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€615.7m▲ 5.0%€821.5m▲ 33.4%€924.2m▲ 12.5%€939.5m▲ 1.7%€956.0m▲ 1.8%
Operating result€255,918€25.0m▲ 9,657%€42.8m▲ 71.3%€54.3m▲ 26.9%€12.8m▼ 76.4%
Net result-€7.2mbelow the sector's middle half▲ 27.1%€58.6mabove the sector's middle half€38.8mabove the sector's middle half▼ 33.9%€98.2mabove the sector's middle half▲ 153%-€13.2mbelow the sector's middle half
EBIT margin0.0%▲ 2.0pp3.0%▲ 3.0pp4.6%▲ 1.6pp5.8%▲ 1.1pp1.3%▼ 4.4pp
Equity€68.4mabove the sector's middle half▼ 9.5%€127.1mabove the sector's middle half▲ 85.7%€165.9mabove the sector's middle half▲ 30.5%€264.1mabove the sector's middle half▲ 59.2%€250.9mabove the sector's middle half▼ 5.0%
Total assets€541.2mabove the sector's middle half▼ 1.7%€534.1mabove the sector's middle half▼ 1.3%€533.5mabove the sector's middle half▼ 0.1%€1.12bnabove the sector's middle half▲ 110%€1.53bnabove the sector's middle half▲ 36.3%
Debt€472.8m▼ 0.2%€406.3m▼ 14.1%€367.0m▼ 9.7%€857.1m▲ 134%€1.27bn▲ 48.7%
Working capital-€99.4mbelow the sector's middle half▲ 51.1%-€18.6mbelow the sector's middle half▲ 81.3%€39.8mabove the sector's middle half€66.7mabove the sector's middle half▲ 67.4%-€355.6mbelow the sector's middle half
Solvency12.6%below the sector's middle half▼ 1.1pp23.8%within the sector's middle half▲ 11.1pp31.1%within the sector's middle half▲ 7.3pp23.5%within the sector's middle half▼ 7.5pp16.4%below the sector's middle half▼ 7.1pp
Current ratio0.55below the sector's middle half▲ 0.160.89below the sector's middle half▲ 0.341.29within the sector's middle half▲ 0.401.40within the sector's middle half▲ 0.110.34below the sector's middle half▼ 1.06
Return on assets (ROA)-1.3%below the sector's middle half▲ 0.5pp11.0%above the sector's middle half▲ 12.3pp7.3%within the sector's middle half▼ 3.7pp8.8%within the sector's middle half▲ 1.5pp-0.9%below the sector's middle half▼ 9.6pp
Staff (FTE)64.7within the sector's middle half▼ 45.0%67.4above the sector's middle half▲ 4.2%79.1above the sector's middle half▲ 17.4%82above the sector's middle half▲ 3.7%78.8above the sector's middle half▼ 3.9%
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€50.0m€0€50.0m€100.0mOperating result 2021: €255,918€255,918Net result 2021: -€7.2m-€7.2mOperating result 2022: €25.0m€25.0mNet result 2022: €58.6m€58.6mOperating result 2023: €42.8m€42.8mNet result 2023: €38.8m€38.8mOperating result 2024: €54.3m€54.3mNet result 2024: €98.2m€98.2mOperating result 2025: €12.8m€12.8mNet result 2025: -€13.2m-€13.2m20212022202320242025-€50m€0€50m€100mOperating result 2023: €42.8m€43mNet result 2023: €38.8m€39mOperating result 2024: €54.3m€54mNet result 2024: €98.2m€98mOperating result 2025: €12.8m€13mNet result 2025: -€13.2m-€13m202320242025
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.53bn
Fixed assets €1.34bn ▲ 51.3%
Current assets €185.2m ▼ 20.8%
Equity and liabilities €1.53bn
Equity €250.9m ▼ 5.0%
Provisions €4.0m ▲ 511%
Debt €1.27bn ▲ 48.7%
Debt's share of the balance-sheet total rises from 76.4% to 83.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16.0m▼
2024 · €57.4m
Cash flow
-€10.0m▼
2024 · €101.3m
Quick ratio
0.30▼
2024 · 1.26
Debt to equity
5.08▲
2024 · 3.25
ROE
-5.2%▼
2024 · 37.2%
Interest coverage
0.51▼
2024 · 2.77
Debt ≤ 1 year
€540.8m▲
2024 · €167.1m
Debt > 1 year
€726.4m▲
2024 · €683.3m
Income taxes
-€1.4m▼
2024 · €2.5m
Staff costs
€16.7m▲
2024 · €15.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 90 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.12bn€1.53bn▲
Fixed assets21/28€888.1m€1.34bn▲
Intangible fixed assets21€1.7m€1.6m▼
Tangible fixed assets22/27€26.3m€23.1m▼
Land and buildings22€3.0m€3.2m▲
Plant, machinery and equipment23€10.8m€8.7m▼
Furniture and vehicles24€137,838€175,885▲
Leasing and similar rights25€11.3m€10.7m▼
Assets under construction and advance payments27€1.0m€261,247▼
Financial fixed assets28€860.1m€1.32bn▲
Affiliated companies280/1€860.1m€1.32bn▲
Participating interests280€783.1m€1.23bn▲
Amounts receivable281€77.0m€88.9m▲
Current assets29/58€233.8m€185.2m▼
Stocks and contracts in progress3€23.1m€23.7m▲
Stocks30/36€23.1m€23.7m▲
Raw materials and consumables30/31€22.9m€23.4m▲
Work in progress32€30,110€20,535▼
Finished goods33€186,304€250,846▲
Goods purchased for resale34€2,847€3,008▲
Amounts receivable within one year40/41€156.5m€134.4m▼
Trade receivables40€140.4m€120.7m▼
Other amounts receivable41€16.2m€13.6m▼
Cash at bank and in hand54/58€51.9m€20.9m▼
Deferred charges and accrued income490/1€2.3m€6.2m▲
Equity and liabilities
Total equity and liabilities10/49€1.12bn€1.53bn▲
Equity10/15€264.1m€250.9m▼
Contributions10/11€97.3m€97.3m=
Capital10€97.3m€97.3m=
Issued capital100€97.3m€97.3m=
Reserves13€32.6m€32.6m=
Non-distributable reserves130/1€7.6m€7.6m=
Legal reserve130€7.6m€7.6m=
Tax-exempt reserves132€95,868€95,868=
Distributable reserves133€24.9m€24.9m=
Profit (loss) carried forward14€134.1m€121.0m▼
Provisions and deferred taxes16€650,000€4.0m▲
Provisions for liabilities and charges160/5€650,000€4.0m▲
Other liabilities and charges164/5€650,000€4.0m▲
Amounts payable17/49€857.1m€1.27bn▲
Amounts payable after more than one year17€683.3m€726.4m▲
Financial debts170/4€683.3m€726.4m▲
Leasing and similar obligations172€8.6m€7.6m▼
Other loans174€674.7m€718.7m▲
Amounts payable within one year42/48€167.1m€540.8m▲
Current portion of amounts payable after more than one year42€2.9m€343.6m▲
Financial debts43€15.3m€37.2m▲
Credit institutions430/8€34€29▼
Other loans439€15.3m€37.2m▲
Trade debts44€140.4m€151.6m▲
Suppliers440/4€140.4m€151.6m▲
Taxes, remuneration and social security45€8.6m€8.4m▼
Taxes450/3€6.0m€6.2m▲
Remuneration and social security454/9€2.5m€2.3m▼
Accrued charges and deferred income492/3€6.7m€7.1m▲
Income statement Code20242025
Operating income70/76A€945.2m€960.2m▲
Turnover70€939.5m€956.0m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€44,986€54,967▲
Other operating income74€5.8m€4.1m▼
Operating charges60/66A€890.9m€947.4m▲
Goods for resale, raw materials and consumables60€623.4m€661.5m▲
Purchases600/8€627.9m€662.0m▲
Change in stocks: decrease (increase)609-€4.5m-€554,883▲
Services and other goods61€248.3m€262.0m▲
Remuneration, social security and pensions62€15.3m€16.7m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.1m€3.2m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€3.3m
Other operating charges640/8€885,813€700,810▼
Operating profit (loss)9901€54.3m€12.8m▼
Financial income75/76B€84.1m€28.1m▼
Recurring financial income75€84.1m€28.1m▼
Income from financial fixed assets750€63.3m€355,941▼
Income from current assets751€3.5m€4.8m▲
Other financial income752/9€17.3m€22.9m▲
Financial charges65/66B€37.6m€55.5m▲
Recurring financial charges65€37.6m€55.5m▲
Debt charges650€20.7m€31.2m▲
Other financial charges652/9€16.9m€24.3m▲
Non-recurring financial charges66B€43,751-
Profit (loss) for the period before taxes9903€100.8m-€14.6m▼
Income taxes67/77€2.5m-€1.4m▼
Taxes670/3€2.5m-
Tax adjustments and reversals of tax provisions77-€1.4m
Profit (loss) for the period9904€98.2m-€13.2m▼
Profit (loss) for the period to be appropriated9905€98.2m-€13.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€139.0m€121.0m▼
Profit (loss) brought forward from the previous period14P€40.8m€134.1m▲
Transfer to equity691/2€4.9m-
To the legal reserve6920€4.9m-
Social balance
Average headcount (FTE)908782.078.8▼

The notes to these accounts (89 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€618.5m€825.2m€926.8m€945.2m€960.2m▲ 1.6%
Turnover70€615.7m€821.5m€924.2m€939.5m€956.0m▲ 1.8%
Change in stocks of work in progress, finished goods and contracts in progress71€12,620€258,618-€162,506-€44,986€54,967▲ 222%
Other operating income74€1.6m€3.2m€2.8m€5.8m€4.1m▼ 28.3%
Non-recurring operating income76A€1.2m€229,283----
Operating charges60/66A€618.3m€800.2m€884.0m€890.9m€947.4m▲ 6.3%
Goods for resale, raw materials and consumables60€414.3m€588.0m€626.7m€623.4m€661.5m▲ 6.1%
Purchases600/8€418.8m€591.6m€626.0m€627.9m€662.0m▲ 5.4%
Change in stocks: decrease (increase)609-€4.5m-€3.6m€662,990-€4.5m-€554,883▲ 87.6%
Services and other goods61€186.7m€197.1m€239.7m€248.3m€262.0m▲ 5.5%
Remuneration, social security and pensions62€10.1m€11.4m€14.6m€15.3m€16.7m▲ 9.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7.2m€2.9m€2.9m€3.1m€3.2m▲ 3.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€139,397-----
Provisions for liabilities and charges: additions (uses and reversals)635/8-€1.1m€650,000--€3.3m-
Other operating charges640/8€916,380€230,124€222,317€885,813€700,810▼ 20.9%
Non-recurring operating charges66A€2,441-----
Operating profit (loss)9901€255,918€25.0m€42.8m€54.3m€12.8m▼ 76.4%
Financial income75/76B€6.7m€53.9m€47.5m€84.1m€28.1m▼ 66.6%
Recurring financial income75€6.7m€11.9m€47.5m€84.1m€28.1m▼ 66.6%
Income from financial fixed assets750€2.0m€2.4m€27.4m€63.3m€355,941▼ 99.4%
Income from current assets751€8,594€229,214€1.3m€3.5m€4.8m▲ 39.9%
Other financial income752/9€4.7m€9.3m€18.8m€17.3m€22.9m▲ 32.3%
Non-recurring financial income76B-€42.0m----
Financial charges65/66B€14.5m€18.7m€45.9m€37.6m€55.5m▲ 47.7%
Recurring financial charges65€14.5m€18.7m€25.9m€37.6m€55.5m▲ 47.8%
Debt charges650€10.2m€9.3m€8.1m€20.7m€31.2m▲ 50.8%
Other financial charges652/9€4.3m€9.4m€17.8m€16.9m€24.3m▲ 44.2%
Non-recurring financial charges66B--€20.0m€43,751--
Profit (loss) for the period before taxes9903-€7.6m€60.2m€44.4m€100.8m-€14.6m▼ 114%
Income taxes67/77-€377,375€1.5m€5.6m€2.5m-€1.4m▼ 156%
Taxes670/3€8,974€1.9m€5.6m€2.5m--
Tax adjustments and reversals of tax provisions77€386,348€386,348--€1.4m-
Profit (loss) for the period9904-€7.2m€58.6m€38.8m€98.2m-€13.2m▼ 113%
Profit (loss) for the period to be appropriated9905-€7.2m€58.6m€38.8m€98.2m-€13.2m▼ 113%
Line20212022202320242025Change
Assets
Total assets20/58€541.2m€534.1m€533.5m€1.12bn€1.53bn▲ 36.3%
Fixed assets21/28€418.3m€377.7m€357.3m€888.1m€1.34bn▲ 51.3%
Intangible fixed assets21€111,099€415,472€717,728€1.7m€1.6m▼ 7.4%
Tangible fixed assets22/27€28.8m€26.7m€25.9m€26.3m€23.1m▼ 12.3%
Land and buildings22€2.3m€2.5m€2.6m€3.0m€3.2m▲ 6.5%
Plant, machinery and equipment23€12.0m€10.4m€9.5m€10.8m€8.7m▼ 19.3%
Furniture and vehicles24€1.1m€702,444€307,637€137,838€175,885▲ 27.6%
Leasing and similar rights25€13.2m€12.6m€12.0m€11.3m€10.7m▼ 5.7%
Assets under construction and advance payments27€123,677€437,532€1.5m€1.0m€261,247▼ 74.0%
Financial fixed assets28€389.4m€350.6m€330.6m€860.1m€1.32bn▲ 53.4%
Affiliated companies280/1€389.4m€350.6m€330.6m€860.1m€1.32bn▲ 53.4%
Participating interests280€389.4m€350.6m€330.6m€783.1m€1.23bn▲ 57.1%
Amounts receivable281---€77.0m€88.9m▲ 15.5%
Current assets29/58€122.9m€156.3m€176.2m€233.8m€185.2m▼ 20.8%
Stocks and contracts in progress3€15.6m€19.5m€18.6m€23.1m€23.7m▲ 2.6%
Stocks30/36€15.6m€19.5m€18.6m€23.1m€23.7m▲ 2.6%
Raw materials and consumables30/31€15.4m€19.0m€18.4m€22.9m€23.4m▲ 2.4%
Work in progress32€11,436€38,191€23,334€30,110€20,535▼ 31.8%
Finished goods33€157,270€385,714€238,066€186,304€250,846▲ 34.6%
Goods purchased for resale34€1,761-€2,942€2,847€3,008▲ 5.6%
Amounts receivable within one year40/41€101.1m€113.7m€101.8m€156.5m€134.4m▼ 14.2%
Trade receivables40€88.7m€103.0m€87.2m€140.4m€120.7m▼ 14.0%
Other amounts receivable41€12.3m€10.7m€14.6m€16.2m€13.6m▼ 15.7%
Cash at bank and in hand54/58€4.9m€22.9m€55.6m€51.9m€20.9m▼ 59.7%
Deferred charges and accrued income490/1€1.4m€313,687€239,619€2.3m€6.2m▲ 174%
Equity and liabilities
Total equity and liabilities10/49€541.2m€534.1m€533.5m€1.12bn€1.53bn▲ 36.3%
Equity10/15€68.4m€127.1m€165.9m€264.1m€250.9m▼ 5.0%
Contributions10/11€97.3m€97.3m€97.3m€97.3m€97.3m=
Capital10€97.3m€97.3m€97.3m€97.3m€97.3m=
Issued capital100€97.3m€97.3m€97.3m€97.3m€97.3m=
Reserves13€25.3m€25.5m€27.7m€32.6m€32.6m=
Non-distributable reserves130/1€322,262€542,522€2.7m€7.6m€7.6m=
Legal reserve130€322,262€542,522€2.7m€7.6m€7.6m=
Tax-exempt reserves132€95,868€95,868€95,868€95,868€95,868=
Distributable reserves133€24.9m€24.9m€24.9m€24.9m€24.9m=
Profit (loss) carried forward14-€54.2m€4.2m€40.8m€134.1m€121.0m▼ 9.8%
Provisions and deferred taxes16-€650,000€650,000€650,000€4.0m▲ 511%
Provisions for liabilities and charges160/5-€650,000€650,000€650,000€4.0m▲ 511%
Other liabilities and charges164/5-€650,000€650,000€650,000€4.0m▲ 511%
Amounts payable17/49€472.8m€406.3m€367.0m€857.1m€1.27bn▲ 48.7%
Amounts payable after more than one year17€243.3m€225.2m€224.3m€683.3m€726.4m▲ 6.3%
Financial debts170/4€243.3m€225.2m€224.3m€683.3m€726.4m▲ 6.3%
Leasing and similar obligations172€11.4m€10.5m€9.6m€8.6m€7.6m▼ 11.2%
Other loans174€231.9m€214.7m€214.7m€674.7m€718.7m▲ 6.5%
Amounts payable within one year42/48€222.3m€174.9m€136.4m€167.1m€540.8m▲ 224%
Current portion of amounts payable after more than one year42€54.9m€42.8m€967,994€2.9m€343.6m▲ 11,756%
Financial debts43€55.2m€14.6m€11.0m€15.3m€37.2m▲ 143%
Credit institutions430/8€139,435€190€167€34€29▼ 13.7%
Other loans439€55.1m€14.6m€11.0m€15.3m€37.2m▲ 143%
Trade debts44€109.0m€114.1m€114.8m€140.4m€151.6m▲ 8.0%
Suppliers440/4€109.0m€114.1m€114.8m€140.4m€151.6m▲ 8.0%
Taxes, remuneration and social security45€3.2m€3.4m€9.6m€8.6m€8.4m▼ 1.6%
Taxes450/3€1.3m€1.2m€6.6m€6.0m€6.2m▲ 2.1%
Remuneration and social security454/9€1.9m€2.2m€3.0m€2.5m€2.3m▼ 10.3%
Accrued charges and deferred income492/3€7.2m€6.2m€6.3m€6.7m€7.1m▲ 5.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€7.2m€58.6m€38.8m€98.2m-€13.2m▼ 113%
+ Depreciation and write-downs630€7.2m€2.9m€2.9m€3.1m€3.2m▲ 3.1%
Operating cash flow (approximation)-€20,587€61.5m€41.7m€101.3m-€10.0m▼ 110%
Investment in fixed assets (approximation)-€37.7m€17.6m-€533.9m-€459.1m▲ 14.0%
Change in cash-€18.0m€32.7m-€3.6m-€31.0m▼ 751%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-08
State Gazette act Reappointment: DeloitteBedrijfsrevisorenBV (statutory auditor)
3 facts ▸
  • General meeting, 09-06-2026
  • Board meeting, raad van bestuur
  • Auditor reappointment, DeloitteBedrijfsrevisorenBV (statutory auditor)
15-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€13.2m
Net result drops to -€13.2m, the lowest in the series.
24-10
State Gazette act Appointment: Pieter Frans Boone (managing director)
Reappointments: Yvon Guérin, Herman Van Steenstraeten and Philippe Delsaut · Mandate compensation15 facts ▸
  • Board meeting, 07/05/2025
  • Director appointment, Pieter Frans Boone (managing director)
  • Mandate compensation, Pieter Frans Boone
  • General meeting, 10/06/2025
  • Director reappointment, Yvon Guérin (director)
  • Director reappointment, Herman Van Steenstraeten (director)
  • Director reappointment, Philippe Delsaut (director)
  • Mandate compensation, Yvon Guérin
  • Mandate compensation, Herman Van Steenstraeten
  • Mandate compensation, Philippe Delsaut
  • Board meeting, 25/08/2025
  • Director reappointment, Yvon Guérin (chair of the board)
  • +3 further facts in this act
12-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
06-03
State Gazette act Appointment: Pieter Frans Boone (director)
Mandate compensation3 facts ▸
  • General meeting, 04/02/2025
  • Director appointment, Pieter Frans Boone (director)
  • Mandate compensation, Pieter Frans Boone
2024
31-12
Financial Highest result since 2018net €98.2m ▲153%
Operating result €54.3m, net result €98.2m, both a record.
31-12
Financial Equity above €250mEq €264.1m ▲59.2%
3 profitable years in a row build equity to €264.1m.
26-09
State Gazette act Resignation: Sabine Sagaert (bestuurder)
Appointment: Yvon Guérin (managing director) · Mandate compensation6 facts ▸
  • General meeting, 09/08/2024
  • Board meeting, 26/08/2024
  • Director resignation, Sabine Sagaert ((gedelegeerd) bestuurder)
  • Director resignation, Sabine Sagaert (managing director)
  • Director appointment, Yvon Guérin (managing director)
  • Mandate compensation, Yvon Guérin
12-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
08-12
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 05.12.2023
  • Capital, €97.349.700
  • Statutes amendment
31-07
State Gazette act Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Tom Windelen3 facts ▸
  • General meeting, 13/06/2013
  • Auditor appointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Tom Windelen
Show earlier events
19-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €58.6m
Net result €58.6m after 2 loss-making years.
31-12
Financial Equity above €100mEq €127.1m ▲85.7%
Equity rises from €68.4m to €127.1m.
29-08
State Gazette act Reappointments: Herman Van Steenstraeten, Yvon Guérin and Sabine Sagaert
Appointments: Philippe Delsaut, Sabine Sagaert and Yvon Guérin · Mandate compensation14 facts ▸
  • General meeting, 14/06/2022
  • Board meeting, 14/06/2022
  • Director reappointment, Herman Van Steenstraeten (director)
  • Director reappointment, Yvon Guérin (director)
  • Director reappointment, Sabine Sagaert (director)
  • Director appointment, Philippe Delsaut (director)
  • Mandate compensation, Herman Van Steenstraeten
  • Mandate compensation, Yvon Guérin
  • Mandate compensation, Sabine Sagaert
  • Mandate compensation, Philippe Delsaut
  • Director appointment, Sabine Sagaert (managing director)
  • Mandate compensation, Sabine Sagaert
  • +2 further facts in this act
17-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
11-08
State Gazette act Resignation: Erwin De Deyn (director)
Power of attorney4 facts ▸
  • General meeting, 28/06/2021
  • Director resignation, Erwin De Deyn (director)
  • Power of attorney, Ellen Carmeliet
  • Power of attorney, Katrien Dewitte
15-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
21-10
State Gazette act Appointment: Sabine Sagaert (director)
Resignation: Yvon Guérin (managing director) · Mandate compensation7 facts ▸
  • General meeting, 29/09/2020
  • Board meeting, 29/09/2020
  • Director appointment, Sabine Sagaert (director)
  • Mandate compensation, Sabine Sagaert
  • Director resignation, Yvon Guérin (managing director)
  • Director appointment, Sabine Sagaert (managing director)
  • Mandate compensation, Sabine Sagaert
02-07
State Gazette act Resignations: Dirk Durez (director) and Jules Noten Comm.V. (director)
Permanent representative: Jules Noten · Appointments: Erwin De Deyn, Deloitte Bedrijfsrevisoren CVBA and Yvon Guériri · Mandate compensation11 facts ▸
  • General meeting, 09/06/2020
  • Board meeting, 09/06/2020
  • Director resignation, Dirk Durez (director)
  • Director resignation, Jules Noten Comm.V. (director)
  • Permanent representative, Jules Noten
  • Director appointment, Erwin De Deyn (director)
  • Mandate compensation, Erwin De Deyn
  • Auditor appointment, Deloitte Bedrijfsrevisoren CVBA (statutory auditor)
  • Director resignation, Jules Noten Comm.V. (voorzitter van de raad van de vennootschap)
  • Director appointment, Yvon Guériri (chair of the board)
  • Mandate compensation, Yvon Guériri
15-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Back to profitnet €11.9m
Net result €11.9m after one loss-making year.
23-07
State Gazette act Appointment: Herman Van Steenstraeten (director)
Resignation: Stefaan Merckx (director) · Reappointments: Jules Noten Comm. V., Dirk Durez and Herman Van Steenstraeten · Permanent representative: Jules Noten14 facts ▸
  • General meeting, 11/06/2019
  • Board meeting, 11/06/2019
  • Director appointment, Herman Van Steenstraeten (director)
  • Director resignation, Stefaan Merckx (director)
  • Director reappointment, Jules Noten Comm. V. (director)
  • Director reappointment, Dirk Durez (director)
  • Director reappointment, Herman Van Steenstraeten (director)
  • Permanent representative, Jules Noten
  • Director reappointment, Jules Noten Comm. V. (chair of the board)
  • Mandate compensation, Herman Van Steenstraeten
  • Mandate compensation, Jules Noten Comm. V.
  • Mandate compensation, Dirk Durez
  • +2 further facts in this act
24-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
21-03
State Gazette act Appointment: Yvon Guérin (director)
Resignation: Jules Noten Comm. V. (managing director) · Permanent representative: Jules Noten · Mandate compensation8 facts ▸
  • General meeting, 18/02/2019
  • Board meeting, 18/02/2019
  • Director appointment, Yvon Guérin (director)
  • Mandate compensation, Yvon Guérin
  • Director resignation, Jules Noten Comm. V. (managing director)
  • Permanent representative, Jules Noten
  • Director appointment, Yvon Guérin (managing director)
  • Mandate compensation, Yvon Guérin
31-01
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 17/12/2018
  • Registered-office move, Ottergemsesteenweg-Zuid nr. 816 te 9000 Gent
2018
17-10
State Gazette act Resignation: Stefaan Merckx (director)
Appointments: Herman Van Steenstraeten (director) and Jules Noten Comm. V. (managing director) · Permanent representative: Jules Noten · Mandate compensation9 facts ▸
  • Board meeting, 13/09/2019
  • Director resignation, Stefaan Merckx (director)
  • Director resignation, Stefaan Merckx (managing director)
  • Director appointment, Herman Van Steenstraeten (director)
  • Mandate compensation, Herman Van Steenstraeten
  • Director appointment, Jules Noten Comm. V. (managing director)
  • Permanent representative, Jules Noten
  • Mandate compensation, Jules Noten Comm. V.
  • Flag, The board meeting date is stated as 13 September 2019, but the effective dates for resignations and appointments are 22 September 2018. This implies a retroacti…
10-07
State Gazette act Appointment: Stefaan Merckx (director)
Permanent representative: Jules Noten · Mandate compensation4 facts ▸
  • General meeting, 12/06/2018
  • Director appointment, Stefaan Merckx (director)
  • Mandate compensation, Stefaan Merckx
  • Permanent representative, Jules Noten
14-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
08-08
State Gazette act Resignations: Jan Gesquière (director) and Jules Noten Comm. V. (day-to-day manager)
Appointment: Stefaan Merckx (director) · Permanent representative: Jules Noten6 facts ▸
  • Board meeting, 22/06/2017
  • Director resignation, Jan Gesquière (director)
  • Director resignation, Jules Noten Comm. V. (day-to-day manager)
  • Director appointment, Stefaan Merckx (director)
  • Director appointment, Stefaan Merckx (gedelegeed bestuurder)
  • Permanent representative, Jules Noten
03-07
State Gazette act Appointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Kurt Dehoorne3 facts ▸
  • General meeting, 13/06/2017
  • Auditor appointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Kurt Dehoorne
15-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
14-07
State Gazette act Reappointments: Jan Gesquière, Dirk Durez and Jules Noten Comm. V.
Permanent representative: Jules Noten · Mandate compensation12 facts ▸
  • General meeting, 14/06/2016
  • Board meeting, 14/06/2016
  • Director reappointment, Jan Gesquière (director)
  • Director reappointment, Dirk Durez (director)
  • Director reappointment, Jules Noten Comm. V. (director)
  • Permanent representative, Jules Noten
  • Mandate compensation, Jan Gesquière
  • Mandate compensation, Dirk Durez
  • Mandate compensation, Jules Noten Comm. V.
  • Director reappointment, Jules Noten Comm. V. (chair of the board)
  • Director reappointment, Jules Noten Comm. V. (managing director)
  • Mandate compensation, Jules Noten Comm. V.
2015
25-03
State Gazette act Miscellaneous
General meeting1 fact ▸
  • General meeting, 09/03/2015
2014
22-12
State Gazette act Capital & shares
Capital increase · Statutes amendment3 facts ▸
  • General meeting, 09/12/2014
  • Capital increase, €37.508.400
  • Statutes amendment
01-08
State Gazette act Resignations: Jean Vandemoortele (director) and Lemon Comm. V. (director)
Appointments: Jan Gesquière, Jules Noten Comm. V. and CVBA Deloitte Bedrijfsrevisoren · Permanent representatives: Jules Noten, Kurt Dehoorne and Charlotte Vanrobaeys · Mandate compensation17 facts ▸
  • General meeting, 10/06/2014
  • Board meeting, 10/06/2014
  • Director resignation, Jean Vandemoortele (director)
  • Director resignation, Jean Vandemoortele (chair of the board)
  • Director resignation, Lemon Comm. V. (director)
  • Director resignation, Lemon Comm. V. (managing director)
  • Director appointment, Jan Gesquière (director)
  • Director appointment, Jules Noten Comm. V. (director)
  • Permanent representative, Jules Noten
  • Mandate compensation, Jan Gesquière
  • Mandate compensation, Jules Noten Comm. V.
  • Auditor appointment, CVBA Deloitte Bedrijfsrevisoren
  • +5 further facts in this act
18-07
State Gazette act Restructuring
Merger · Dissolution · Statutes amendment4 facts ▸
  • General meeting, 30/06/2014
  • Merger, geruisloze fusie, 01/01/2014
  • Dissolution, 01-01-2014
  • Statutes amendment
22-04
State Gazette act Restructuring
Permanent representative: J. Noten · Merger · Accounting effect9 facts ▸
  • Board meeting, 27/03/2014
  • Merger, met fusie gelijkgestelde verrichting
  • Accounting effect, 01/01/2014
  • Capital, €59.841.300
  • Capital, €1.250.000
  • Shareholding, Houder van aandelen in overnemende vennootschap, 15099
  • Shareholding, Houder van aandelen in overnemende vennootschap, 1
  • Shareholding, Houder van alle aandelen in overgenomen vennootschap, 1250
  • Permanent representative, J. Noten
03-01
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital decrease · Capital6 facts ▸
  • General meeting, 13/12/2013
  • Capital increase, €22.499.000
  • Capital decrease, €13.590.000
  • Capital, €59.841.300
  • Statutes amendment
  • Power of attorney, Raad van Bestuur
2013
08-07
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital decrease · Capital5 facts ▸
  • General meeting, 19/06/2013
  • Capital increase, €7.248.000
  • Capital decrease, €17.365.000
  • Capital, €50.932.300
  • Statutes amendment
28-06
State Gazette act Reappointments: Jean Vandemoortele, Dirk Durez and Lemon Comm. V.
Permanent representative: Jules Noten · Mandate compensation11 facts ▸
  • General meeting, 11/06/2013
  • Board meeting, 11/06/2013
  • Director reappointment, Jean Vandemoortele (director)
  • Director reappointment, Dirk Durez (director)
  • Director reappointment, Lemon Comm. V. (director)
  • Mandate compensation, Jean Vandemoortele
  • Mandate compensation, Dirk Durez
  • Mandate compensation, Lemon Comm. V.
  • Permanent representative, Jules Noten
  • Director reappointment, Jean Vandemoortele (chair of the board)
  • Director reappointment, Lemon Comm. V. (managing director)
2012
23-08
State Gazette act Appointment: LEMON Comm. V. (director)
Permanent representative: NOTEN Jules Hendrik Maria Theresia5 facts ▸
  • General meeting, 01/08/2012
  • Board meeting, 01/08/2012
  • Director appointment, LEMON Comm. V. (director)
  • Permanent representative, NOTEN Jules Hendrik Maria Theresia
  • Director appointment, LEMON Comm. V. (managing director)
20-07
State Gazette act Resignation: Eddy de Mûelenaere (director)
3 facts ▸
  • General meeting, 12/06/2012
  • Director resignation, Eddy de Mûelenaere (director)
  • Director resignation, Eddy de Mûelenaere (day-to-day manager)
09-07
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital decrease4 facts ▸
  • General meeting, 19/06/2012
  • Capital increase, €104.945.000
  • Capital decrease, €47.036.500
  • Statutes amendment
2011
11-07
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital decrease4 facts ▸
  • General meeting, 22/06/2011
  • Capital increase, €33.500.000
  • Capital decrease, €33.500.000
  • Statutes amendment
04-07
State Gazette act Appointment: PwC Bedrijfsrevisoren (statutory auditor)
Permanent representative: Peter Opsomer · Power of attorney5 facts ▸
  • General meeting, 14/06/2011
  • Auditor appointment, PwC Bedrijfsrevisoren (statutory auditor)
  • Permanent representative, Peter Opsomer
  • Power of attorney, Peter Opsomer
  • Power of attorney, Emeric Seeuws
2010
08-10
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 27-09-2010
  • Registered-office move, Moutstraat nr. 64 te 9000 Gent
24-08
State Gazette act Miscellaneous
Merger1 fact ▸
  • Merger, Voorstel tot inbreng van de bedrijfstak "Productie Eeklo"
19-07
State Gazette act Capital & shares · Purpose · Statutes amendment
Capital increase · Capital decrease · Capital6 facts ▸
  • General meeting, 28/06/2010
  • Capital increase, €23.012.400
  • Capital decrease, €23.103.000
  • Capital, €3.140.800
  • Purpose change, De vennootschap heeft tot doel de produktie van en de handel in gebruiks- en verbruiksgoederen en meer specifiek bakkerijproducten, al dan niet diepvriesproduct…
  • Statutes amendment
14-07
State Gazette act Reappointments: Jean Vandemoortele, Eddy de Mûelenaere and Dirk Durez
7 facts ▸
  • General meeting, 08/06/2010
  • Board meeting, 08/06/2010
  • Director reappointment, Jean Vandemoortele (director)
  • Director reappointment, Eddy de Mûelenaere (director)
  • Director reappointment, Dirk Durez (director)
  • Director reappointment, Jean Vandemoortele (chair of the board)
  • Director reappointment, Eddy de Mûelenaere (managing director)
07-07
State Gazette act Capital & shares
General meeting1 fact ▸
  • General meeting, 24/06/2010
2009
19-06
State Gazette act Capital & shares · Miscellaneous
General meeting1 fact ▸
  • General meeting, 05/06/2009
2008
27-06
State Gazette act Capital & shares · Miscellaneous
General meeting1 fact ▸
  • General meeting, 06/05/2008
2007
15-06
State Gazette act Capital & shares · Miscellaneous
Statutes amendment2 facts ▸
  • Board meeting, 30/04/2007
  • Statutes amendment
2003
27-06
State Gazette act Appointment: E. de Mûelenaere (director)
2 facts ▸
  • General meeting, 10/06/2003
  • Director appointment, E. de Mûelenaere (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
40 of 40 acts read

Directors · office · real estate

Directors
under verification, no change since 2025
This board is reconstructed from a single act (25134662). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

Board 4

Yvon Guérin
Chair of the board · since 14-06-2022 · Director · since 07-01-2019
Current
Herman Van Steenstraeten
Director · since 22-09-2018
Current
Philippe Delsaut
Director · since 14-06-2022
Current
Pieter Frans Boone
Director · since 04-02-2025
Current
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Jules Noten
Chair of the board · since 10-06-2014 · Director · since 10-06-2014 · Limited partnership · perm. rep.: Jules Noten
Not recently confirmed
Yvon Guériri
Chair of the board · since 01-07-2020
Not recently confirmed
E. de Mûelenaere
Director · since 10-06-2003
Not recently confirmed

Day-to-day management 2

Yvon Guérin
Managing director · since 09-08-2024
Current
Pieter Frans Boone
Managing director · since 07-05-2025
Current
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Jules Noten
Managing director · since 10-06-2014 · Limited partnership · perm. rep.: Jules Noten
Not recently confirmed

Permanent representatives 1

Jules Noten
Permanent representative · since 10-06-2014 · for Jules Noten
Not recently confirmed

Statutory auditor 1

DeloitteBedrijfsrevisorenBV
Statutory auditor · since 19-08-2026 · perm. rep.: KenVanderstraeten
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2010
seat establishment All 2 establishment units on the map
Ground area
3.5 ha
Building footprint
3,397 m²
Volume, LiDAR
11,840 m³
2 parcels, Flanders · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
2 establishment units
VAMIX
Ottergemsesteenweg-Zuid 816, 9000 GentActivities of head offices
since 20102.192.659.759
VAMIX
Prins Albertlaan 79, 8870 IzegemManufacture of food products
since 20172.258.855.331
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0506/00S000 Flanders 2.4 ha 1 · 1,589 m² 16.6 m
36494D0048/00F000 Flanders 1.1 ha 1 · 1,808 m² 10.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

19 people since 2003, 8 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Herman Van Steenstraeten
  • Director, from 22-09-2018 to date
Yvon Guérin
  • Director, from 07-01-2019 to date
  • Managing director, from 07-01-2019 to 01-10-2020
  • Chair of the board, from 14-06-2022 to date
  • Managing director, from 09-08-2024 to date
Philippe Delsaut
  • Director, from 14-06-2022 to date
Pieter Frans Boone
  • Director, from 04-02-2025 to date
  • Managing director, from 07-05-2025 to date
DeloitteBedrijfsrevisorenBV
  • Statutory auditor, from 19-08-2026 to date
E. de Mûelenaere
  • Director, from 10-06-2003 not ended, last confirmed 27-06-2003
Jules Noten
  • Chair of the board, from 10-06-2014 not ended, last confirmed 01-08-2014
  • Director, from 10-06-2014 not ended, last confirmed 01-08-2014
  • Managing director, from 10-06-2014 not ended, last confirmed 01-08-2014
Yvon Guériri
  • Chair of the board, from 01-07-2020 not ended, last confirmed 02-07-2020
DELOITTE Bedrijfsrevisoren BV
  • Statutory auditor, from 01-08-2014 to 19-08-2026
Sabine SAGAERT
  • Director, from 01-10-2020 ended, last mentioned 29-08-2022
  • Managing director, from 01-10-2020 to 09-08-2024
  • Managing director, until 09-08-2024
Erwin De Deyn
  • Director, from 01-07-2020 to 11-06-2021
Dirk DUREZ
  • Director, already before 08-06-2010 to 30-06-2020
Jules Noten Comm.V
  • Chair of the board, already before 14-06-2016 to 30-06-2020
  • Director, already before 14-06-2016 to 30-06-2020
  • Managing director, already before 14-06-2016 to 01-07-2017
  • Managing director, from 22-09-2018 to 07-01-2019
Stefaan Merckx
  • Gedelegeed bestuurder, from 01-01-2017 to 22-09-2018
  • Managing director, until 22-09-2018
  • Director, until 11-06-2019
Jan Gesquière
  • Director, from 10-06-2014 to 01-07-2017
Pwc Bedrijfsrevisoren
  • Statutory auditor, from 04-07-2011 to 01-08-2014
Jean Vandemoortele
  • Chair of the board, already before 08-06-2010 to 10-06-2014
  • Director, already before 08-06-2010 to 10-06-2014
Lemon Comm. V.
  • Director, from 01-08-2012 to 10-06-2014
  • Managing director, from 01-08-2012 to 10-06-2014
Eddy de Mûelenaere
  • Director, already before 08-06-2010 to 01-05-2012
  • Managing director, already before 08-06-2010 to 01-05-2012
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp de produktie van en de handel in gebruiks- en verbruiksgoederen en meer specifiek bakkerijproducten, al dan niet diepvriesproducten, alsook de…
Full purpose

De vennootschap heeft tot voorwerp de produktie van en de handel in gebruiks- en verbruiksgoederen en meer specifiek bakkerijproducten, al dan niet diepvriesproducten, alsook de produktie van en de handel in alle grondstoffen, bijprodukten of verpakkingen die enig verband hebben met deze gebruiks- en verbruiksgoederen. Dit omvat alle daarmee verband houdende industriële, commerciële, maritieme, financiële, roerende en onroerende handelingen, in België of in het buitenland. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt. Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren, onder om het even welke vorm; in dit kader kan zij zich ook borg stellen of haar aval verlenen, in de meest ruime zin, alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan kredietinstellingen. Het verlenen van adviezen van financiële, technische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviezen inzake beleggingen en geldplaatsingen; bijstand en diensten verlenen, rechtstreeks en onrechtstreeks op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies. Het ontwikkelen, kopen, verkopen, in licentie nemen of geven van octrooien, knowhow en aanverwante immateriële duurzame activa. Het verlenen van administratieve prestaties en computerservices. De aan- en verkoop, in-en uitvoer, commissiehandel en vertegenwoordiging van om het even welke goederen, i.e. tussenpersoon in de handel. Het onderzoek, de ontwikkeling, de vervaardiging of commercialisering van nieuwe producten, nieuwe vormen van technologie en hun toepassingen. Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium; -alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden, het aankopen, verkopen, ruilen, bouwen, verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren en uitbaten van onroerende goederen; de aan- en verkoop, huur en verhuur van roerende goederen, alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen, alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende en onroerende goederen. De vennootschap mag handelen ofwel in haar eigen naam en voor eigen rekening ofwel in naam en voor rekening van derden, ofwel in deelneming met hen. Zij mag alles doen wat het nastreven van haar voorwerp op enige wijze kan bevorderen. Zij mag publiek beroep doen op het spaarwezen.

Structure & network

Part of the group Safinco 10 companies Group, risk and exposure

Owners and holdings

1 owner · 14 holdings · 18 subsidiaries in the tree

Chain of control

  1. Safinco 99.85%
  2. Vandemoortele 100%
  3. VAMIX

Highest known parent: Safinco. The sources do not say who stands above it.

Owners 1

Stated earlier (2)

An older source named these owners; newer accounts no longer list them.

Holdings 14

Show 4 more holdings
All subsidiaries, including indirect ones 18

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

  • Cottes actionFR 100%
  • Dolciaria Acquaviva S.p.A.IT 100%
  • LIzzi SRLIT 100%
  • Vandemoortele Bakery Products Italia s.p.a.IT 100%
  • Vandemoortele BrunssumNL 100%
  • VANDEMOORTELE CHINA CO., LTDCN 100%
  • Vandemoortele USA incUS 100%
  • VDM Dommitzsch GMBHDE 100%
  • VANDEMOORTELE EEKLO 99.97%
  • VANDEMOORTELE SENEFFE 99.95%
  • Vandemoortele Bakery Products PolskaPL 99.9%
  • VANDEMOORTELE GHISLENGHIEN 99.6%
  • VANDEMOORTELE LIPIDS 90%5 subsidiaries
    • Vandemoortele Barcelona SAES 100%
    • VANDEMOORTELE IZEGEM 100%
    • Vandemoortele Lipids WerkeDE 100%
    • Vandemoortele Zeewolde BVNL 100%
    • Cohepa S.L.ES 55.56%

According to the 2025 annual accounts of VAMIX and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

16 connected companies
Linked via shared directors
ALPRO
Shared director
→
bpost
Shared director
→
Fedustria
Shared director
→
→
Show 12 more companies with a shared director
→
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LEXELLENCE
Shared director
→
MIJNEN
Shared director
→
SASTRACO
Shared director
→
VANDEMOORTELE IZEGEM
Shared director
→
ARDO FOODS
Shared corporate director
→
DIGROM IMMO
Shared corporate director
→
Siena Invest
Shared corporate director
→

Acquisitions and mergers

2 transactions
BE 0463.232.309silent merger · State Gazette act of 18-07-2014 (2 acts)
Taken over by:NV Vandemoortele Eeklo
proposal · State Gazette act of 24-08-2010

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 22-04-2014 ↗
  • Vandemoortele NV 15,099 shares
  • Vandemoortele Coordination Center NV 1 share
After the capital increase act of 09-07-2012 ↗
  • Vandemoortele 104,938,050 EUR in kind
  • Vandemoortele Coördination Center 6.95 EUR in cash

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 08-12-2023 Capital stated in the act · 97,349,700 EUR · 15,100 shares
  2. 22-12-2014 Capital increase of 37,508,400 EUR · to 97,349,700 EUR · in cash
  3. 22-04-2014 Capital stated in the act · 59,841,300 EUR · 15,100 shares
  4. 03-01-2014 Capital increase of 22,499,000 EUR · to 73,431,300 EUR · in cash
  5. 03-01-2014 Capital reduction of 13,590,000 EUR · to 59,841,300 EUR · overboeking naar overgedragen resultaten, “ter gedeeltelijke aanzuivering van overgedragen verliezen”
  6. 08-07-2013 Capital increase of 7,248,000 EUR · to 68,297,300 EUR · in cash
  7. 08-07-2013 Capital reduction of 17,365,000 EUR · to 50,932,300 EUR · overboeking naar overgedragen resultaten
  8. 09-07-2012 Capital increase of 104,945,000 EUR · to 108,085,800 EUR
Show 5 older capital entries
  1. 09-07-2012 Capital reduction of 47,036,500 EUR · to 61,049,300 EUR · “ter gedeeltelijke aanzuivering van overgedragen verliezen”
  2. 11-07-2011 Capital increase of 33,500,000 EUR · to 36,640,800 EUR · in cash
  3. 11-07-2011 Capital reduction of 33,500,000 EUR · to 3,140,800 EUR · “door overboeking van dit bedrag naar overgedragen resultaten”, “ter gedeeltelijke aanzuivering van overgedragen verliezen”
  4. 19-07-2010 Capital increase of 23,012,400 EUR · to 26,243,800 EUR · in cash
  5. 19-07-2010 Capital reduction of 23,103,000 EUR · to 3,140,800 EUR · “door overboeking van dit bedrag naar overgedragen resultaten”, “ter gedeeltelijke aanzuivering van overgedragen verliezen”

Public money · subsidies and aid

Flemish government

2022 to 2025 · 7 entries · 497,775 EUR awarded · 396,942 EUR paid
Year Entries awardedpaid
2025 2 0 EUR0 EUR
2024 2 1,642 EUR132,642 EUR
2023 2 2,300 EUR133,300 EUR
2022 1 493,833 EUR131,000 EUR
Schemes
5 entries · 493,833 EUR · 393,000 EUR paid · Fonds voor Innoveren en Ondernemen
2 entries · 3,942 EUR · 3,942 EUR paid · Departement Werk en Sociale Economie

European research

1 project · 49,958 EUR EU contribution
Programmes
1 entry · 49,958 EUR
Projects
Circular Initiative for Recycling and waste Conversion into Lactate Extracts
Horizon Europe · participant · 01-09-2024 to 31-08-2028 · 49,958 EUR · CIRCLE

Recognitions · licences · registrations

Food safety, FASFC

1 site
Gent2.192.659.759
1 permission
Trader · since 01-07-2020

Legal Entity Identifier

529900BHSUO9B6BE1P22
live in the LEI register

Similar companies · same sector, comparable size

Of 395 companies in sector 10890 we hold annual accounts for 225. 18 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-03-1978
Fiscal year end31-12
Activities, NACEBEL 2025
10711Manufacture of food products
10890Manufacture of food products
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0418123646
Also 9925:BE0418123646

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.