ACTIVE

VAMIX

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Financial year 2025 · closed on 31/12/2025

Net result

-13,2 M €

-113.4% YoY

Revenue

956 M €

+1.8% YoY

Equity

250,9 M €

-5.0% YoY

Workforce

78,8 ETP

-3.9% YoY

What does VAMIX do?

VAMIX is a Public limited company incorporated in 1978. Its main activity is: Manufacture of bread; manufacture of fresh pastry goods and cakes. Its registered office is in Gent. It employs on average 78,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0418.123.646

Incorporation

20/03/1978

Legal form

Public limited company

Registered office

Ottergemsesteenweg-Zuid 816
9000 Gent · FlandreSee on map

Contributed capital

97 349 700,00 €

Latest accounts

31/12/2025

Average workforce

78,8 ETP

Activities (NACE)

10711Manufacture of bread; manufacture of fresh pastry goods and cakes· main 10711Manufacture of bread; manufacture of fresh pastry goods and cakes 10890Manufacture of other food products n.e.c.10890Manufacture of other food products n.e.c.15890Manufacture of leather and related products 46392Non-specialised wholesale of food, beverages and tobacco+5

Joint committees (2)

Signals

Positive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 11 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2008
Income statement
Revenue	956 M €	+1.8%	939,5 M €	+1.7%	924,2 M €	+12.5%	821,5 M €	+33.4%	615,7 M €	-30.2%	881,8 M €	-2.8%	907,4 M €	+0.0%	907 M €	+13.5%	799,4 M €	+5.9%	754,8 M €	+130%	328,3 M €
EBITDA	19,3 M €	-66.3%	57,4 M €	+25.6%	45,7 M €	+60.3%	28,5 M €	+343%	6,4 M €	-67.3%	19,7 M €	+86.7%	10,5 M €	+226%	3,2 M €	-83.8%	19,9 M €	+2.6%	19,4 M €	+242%	5,7 M €
Operating result	12,8 M €	-76.4%	54,3 M €	+26.9%	42,8 M €	+71.3%	25 M €	+9657%	255,9 k €	-98.1%	13,5 M €	+206%	4,4 M €	+268%	-2,6 M €	-114%	18,7 M €	+5.9%	17,6 M €	+499%	2,9 M €
Net result	-13,2 M €	-113%	98,2 M €	+153%	38,8 M €	-33.9%	58,6 M €	+914%	-7,2 M €	-161%	11,9 M €	+335%	-5,1 M €	+67.0%	-15,3 M €	-453%	4,3 M €	-58.2%	10,4 M €	+298%	-5,2 M €
Balance sheet
Equity	250,9 M €	-5.0%	264,1 M €	+59.2%	165,9 M €	+30.5%	127,1 M €	+85.7%	68,4 M €	-20.0%	85,5 M €	+16.2%	73,6 M €	-6.4%	78,7 M €	-16.3%	94 M €	+4.8%	89,7 M €	+471%	15,7 M €
Total assets	1,5 Md €	+36.3%	1,1 Md €	+110%	533,5 M €	-0.1%	534,1 M €	-1.3%	541,2 M €	-6.0%	575,7 M €	+6.5%	540,7 M €	-4.3%	565 M €	+9.4%	516,6 M €	+5.6%	489,3 M €	+53.8%	318,1 M €
Cash	20,9 M €	-59.7%	51,9 M €	-6.6%	55,6 M €	+143%	22,9 M €	+370%	4,9 M €	-78.5%	22,7 M €	+133%	9,7 M €	+29.1%	7,5 M €	-11.3%	8,5 M €	-68.7%	27,2 M €	+1413%	1,8 M €
Debts	1,3 Md €	+49.0%	850,4 M €	+136%	360,7 M €	-9.9%	400,1 M €	-14.1%	465,6 M €	-3.4%	482 M €	+4.9%	459,7 M €	-4.1%	479,1 M €	+15.2%	415,7 M €	+6.1%	391,9 M €	+35.2%	289,8 M €
Other
Workforce	78,8 ETP	-3.9%	82,0 ETP	+3.7%	79,1 ETP	+17.4%	67,4 ETP	+4.2%	64,7 ETP	-61.7%	169,0 ETP	-2.5%	173,4 ETP	+0.6%	172,4 ETP	+14.8%	150,2 ETP	+1.3%	148,3 ETP	-54.4%	325,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Herman Van Steenstraeten

Director · since 10 juin 2025 · until 13 juin 2028

Active

Philippe Delsaut

Director · since 10 juin 2025 · until 13 juin 2028

Active

Yvon Guérin

Chairman of the board of directors · since 10 juin 2025 · until 13 juin 2028

Active

Pieter Frans Boone

Director · since 07 mai 2025 · until 13 juin 2028

Active

Ended mandates

Pieter Frans Boone

Director · since 04 février 2025 · until 13 juin 2028

Ended

Herman Van Steenstraeten

Director · since 14 juin 2022 · until 10 juin 2025

Ended

Philippe Delsaut

Director · since 14 juin 2022 · until 10 juin 2025

Ended

Philippe Desault

Director · since 14 juin 2022 · until 10 juin 2025

Ended

At this address

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VANDEMOORTELE LIPIDS● Active	0414.062.415

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	15/06/2026	12/06/2025	12/06/2024	19/06/2023	17/06/2022	15/06/2021
General meeting	09/06/2026	10/06/2025	11/06/2024	13/06/2023	14/06/2022	08/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	09/06/2026	15/06/2026	Dutch	PDF
Full model	31/12/2024	10/06/2025	12/06/2025	Dutch	PDF
Full model	31/12/2023	11/06/2024	12/06/2024	Dutch	PDF
Full model	31/12/2022	13/06/2023	19/06/2023	Dutch	PDF
Full model	31/12/2021	14/06/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	08/06/2021	15/06/2021	Dutch	PDF
Full model	31/12/2019	09/06/2020	15/06/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	12/06/2018	14/06/2018	Dutch	PDF
Full model	31/12/2016	13/06/2017	15/06/2017	Dutch	PDF
Full model	31/12/2015	14/06/2016	22/06/2016	Dutch	PDF
Full model	31/12/2014	09/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	10/06/2014	07/07/2014	Dutch	PDF
Full model	31/12/2012	11/06/2013	10/07/2013	Dutch	PDF
Full modelCorrection	31/12/2011	12/06/2012	27/08/2012	Dutch	PDF
Full model	31/12/2011	12/06/2012	12/07/2012	Dutch	PDF
Full model	31/12/2010	14/06/2011	04/07/2011	Dutch	PDF
Full model	31/12/2009	08/06/2010	08/09/2010	Dutch	PDF
Full model	31/12/2008	09/06/2009	28/07/2009	Dutch	PDF
Full modelCorrection	31/12/2007	10/06/2008	16/02/2009	Dutch	PDF
Full model	31/12/2007	10/06/2008	02/07/2008	Dutch	PDF
Full model	31/12/2006	12/06/2007	02/07/2007	Dutch	PDF
Full modelCorrection	31/12/2005	13/06/2006	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 28 ended

Active mandates

Herman Van Steenstraeten

Director · since 10 juin 2025 · until 13 juin 2028

Active

Philippe Delsaut

Director · since 10 juin 2025 · until 13 juin 2028

Active

Yvon Guérin

Chairman of the board of directors · since 10 juin 2025 · until 13 juin 2028

Active

Pieter Frans Boone

Director · since 07 mai 2025 · until 13 juin 2028

Active

Ended mandates

Pieter Frans Boone

Director · since 04 février 2025 · until 13 juin 2028

Ended

Herman Van Steenstraeten

Director · since 14 juin 2022 · until 10 juin 2025

Ended

Philippe Delsaut

Director · since 14 juin 2022 · until 10 juin 2025

Ended

Philippe Desault

Director · since 14 juin 2022 · until 10 juin 2025

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/08/2026
Herbenoeming van de commissaris - Volmacht
PDF
Mandates24/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other08/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates31/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2021
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-13,2 M €↓
04/02/2025
nominationPieter Frans Boone — bestuurder
2024
Annual accounts 202498,2 M €↑
09/08/2024
nominationYvon Guérin — gedelegeerd bestuurder
2023
Annual accounts 202338,8 M €↓
13/06/2023
reconductionTom Windelen — commissaris
2022
Annual accounts 202258,6 M €↑
14/06/2022
nominationPhilippe Delsaut — bijkomende nieuwe bestuurder
14/06/2022
reconductionHerman Van Steenstraeten — bestuurder
14/06/2022
reconductionYvon Guérin — bestuurder
14/06/2022
reconductionSabine Sagaert — bestuurder
14/06/2022
nominationYvon Guérin — voorzitter van de raad van bestuur
14/06/2022
nominationSabine Sagaert — gedelegeerd bestuurder
2021
Annual accounts 2021-7,2 M €↓
2019
Annual accounts 201911,9 M €↑
2018
Annual accounts 2018-5,1 M €↑
2017
Annual accounts 2017-15,3 M €↓
2016
Annual accounts 20164,3 M €↓
2015
Annual accounts 201510,4 M €↑
2008
Annual accounts 2008-5,2 M €
20/03/1978
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VAMIX

Overview

What does VAMIX do?

Trend over 11 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline