Safinco
Safinco controls 9 companies, according to the LEI register and the annual accounts.
The sums add up the annual accounts of 10 of the 10 Belgian companies (financial years 2025), without consolidation.
Safinco also files consolidated accounts (financial year 2025). They hold the real group figures, with intra-group positions eliminated.The parent's accounts at the National Bank
Group risk
- No bankruptcy, liquidation, negative equity or overdue accounts among the Belgian companies.
Group structure
Per company: the verdict from its dossier, the total assets with the equity under them, and the financial year of those accounts. High risk Elevated Fair Healthy No verdict
- Safinco2 subsidiariesNo verdict€412.2m €399.0m 2025
- Healthy · 95€5.0m €4.9m 2025
- Vandemoortele2 subsidiariesHealthy · 83€2.13bn €217.8m 2025
- VAMIX4 subsidiariesHealthy · 65€1.53bn €250.9m 2025
- Healthy · 81€16.8m €5.6m 2025
- Healthy · 92€3.6m €1.9m 2025
- VANDEMOORTELE LIPIDS1 subsidiaryHealthy · 89€262.0m €148.0m 2025
- Healthy · 80€39.2m €7.6m 2025
- Healthy · 95€11.0m €6.2m 2025
- Healthy · 94€109.6m €63.0m 2025
Events in the group
These are the publications about all Belgian group companies, such as bankruptcies, director changes and capital changes. Acts are listed since January 2026, judgments from earlier years too.
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3 directors reappointed
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Director changes at 3 companies
- Resigned Honest Foods BV, Natasja Laheij
- Appointed Deloitte Bedrijfsrevisoren BV, GRANUM Srl, Herman Van Steenstraeten, Lise Mortensen
- Reappointed Yvon Guérin at 2, CB Management SASU, Panbosch
Show the 3 publications
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Change of permanent representative
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2 directors appointed, 1 statutory auditor appointed, 2 directors resigning, 3 directors reappointed
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1 director appointed, 1 director reappointed
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Herman Van Steenstraeten resigns as director
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Director changes at 2 companies
- Resigned Herman Van Steenstraeten
- Appointed Deloitte Réviseurs d'Entreprises Srl
Show the 2 publications
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Herman Van Steenstraeten resigns as director
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Deloitte Réviseurs d'Entreprises Srl appointed as commissaire aux comptes
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1 director appointed, 1 director resigning
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1 director appointed, 1 director resigning
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Bart Bruyneel resigns as managing director
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1 director appointed, 1 director resigning
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Capital decrease of €4,000,000 to €1,000,000
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Cécile Coutens appointed as director
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Group insights
A weak subsidiary can cost the parent money, and the other way round.
- 2 companies with a loss in the latest year: Vandemoortele (-€13.9m), VAMIX (-€13.2m).A loss is not unusual within a group, for example at a holding or a new activity. Still, it pays to find out why.
- 47.1% of the added-up total assets sits in one company: Vandemoortele.
- None of the added-up total assets sits at a company with an elevated or high risk.
- 9.1% of the added-up total assets sits at companies without a verdict. The largest is Safinco.
Method and sources
The group's make-up comes from the LEI register (GLEIF). It states which company consolidates which other, directly or ultimately.
A company stands under its parent if the parent consolidates it according to the LEI register, or holds more than half of its shares by the list of holdings or the shareholder structure in the annual accounts. Both mean control. The share is shown.
The amounts come from the annual accounts each Belgian company filed with the National Bank. They are added up without consolidation. Receivables, participations and sales between group companies therefore count. The verdict per company is that of its dossier.
Updated on 04-11-2026