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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 €250.92M and a net result of €-13.16M. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 22% of 643 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
48 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
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 €2M 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.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 10
higher
← 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 643 sector peers (2025).
NBB · sector comparison
Position among 643 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 →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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

Financials · fiscal year 2025, full schema

Turnover
€955.99M▲ 1.8%
2024 · €939.49M
2018: €907.37M 2019: €881.83M 2021: €615.71M 2022: €821.50M 2023: €924.20M 2024: €939.49M
2018 → 2025
EBIT margin
1.3%▼ 4.4pp
2024 · 5.8%
2018: 0.5% 2019: 1.5% 2021: 0.0% 2022: 3.0% 2023: 4.6% 2024: 5.8%
2018 → 2025
Net result
€-13.16M
2024 · €98.22M
2018: €-5.06M 2019: €11.90M 2021: €-7.20M 2022: €58.63M 2023: €38.78M 2024: €98.22M
2018 → 2025
Working capital
€-355.58M
2024 · €66.68M
2018: €-20.14M 2019: €22.32M 2021: €-99.36M 2022: €-18.56M 2023: €39.83M 2024: €66.68M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€615.71M-€821.50M▲ 33.4%€924.20M▲ 12.5%€939.49M▲ 1.7%€955.99M▲ 1.8%
Equity€68.45M-€127.08M▲ 85.7%€165.86M▲ 30.5%€264.08M▲ 59.2%€250.92M▼ 5.0%
Operating result€256k-€24.97M▲ 9,657%€42.78M▲ 71.3%€54.27M▲ 26.9%€12.81M▼ 76.4%
Net result€-7.20M-€58.63M€38.78M▼ 33.9%€98.22M▲ 153%€-13.16M
Result per fiscal year
Operating resultNet result
€-50.00M€0€50.00M€100.00MOperating result 2021: €256k€256kNet result 2021: €-7.20M€-7.20MOperating result 2022: €24.97M€24.97MNet result 2022: €58.63M€58.63MOperating result 2023: €42.78M€42.78MNet result 2023: €38.78M€38.78MOperating result 2024: €54.27M€54.27MNet result 2024: €98.22M€98.22MOperating result 2025: €12.81M€12.81MNet result 2025: €-13.16M€-13.16M20212022202320242025€-50M€0€50M€100MOperating result 2023: €42.78M€43MNet result 2023: €38.78M€39MOperating result 2024: €54.27M€54MNet result 2024: €98.22M€98MOperating result 2025: €12.81M€13MNet result 2025: €-13.16M€-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 €1.53B
Fixed assets €1.34B ▲ 51.3%
Current assets €185.20M ▼ 20.8%
Equity and liabilities €1.53B
Equity €250.92M ▼ 5.0%
Provisions €3.97M ▲ 511%
Debt €1.27B ▲ 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
€16.01M
2024 · €57.37M
Cash flow
€-9.96M
2024 · €101.32M
Current ratio
0.34
2024 · 1.40
Quick ratio
0.30
2024 · 1.26
Debt to equity
5.08
2024 · 3.25
ROE
-5.2%
2024 · 37.2%
ROA
-0.9%
2024 · 8.8%
Interest coverage
0.51
2024 · 2.77
Debt ≤ 1 year
€540.78M
2024 · €167.13M
Debt > 1 year
€726.37M
2024 · €683.27M
Income taxes
€-1.44M
2024 · €2.54M
Staff costs
€16.66M
2024 · €15.27M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 90 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.12B€1.53B
Fixed assets21/28€888.06M€1.34B
Intangible fixed assets21€1.70M€1.57M
Tangible fixed assets22/27€26.29M€23.06M
Land and buildings22€3.04M€3.24M
Plant, machinery and equipment23€10.76M€8.68M
Furniture and vehicles24€138k€176k
Leasing and similar rights25€11.34M€10.70M
Assets under construction and advance payments27€1.00M€261k
Financial fixed assets28€860.07M€1.32B
Affiliated companies280/1€860.07M€1.32B
Participating interests280€783.07M€1.23B
Amounts receivable281€77.00M€88.90M
Current assets29/58€233.81M€185.20M
Stocks and contracts in progress3€23.07M€23.68M
Stocks30/36€23.07M€23.68M
Raw materials and consumables30/31€22.85M€23.41M
Work in progress32€30k€21k
Finished goods33€186k€251k
Goods purchased for resale34€3k€3k
Amounts receivable within one year40/41€156.53M€134.35M
Trade receivables40€140.37M€120.72M
Other amounts receivable41€16.17M€13.63M
Cash at bank and in hand54/58€51.94M€20.94M
Deferred charges and accrued income490/1€2.27M€6.22M
Equity and liabilities
Total equity and liabilities10/49€1.12B€1.53B
Equity10/15€264.08M€250.92M
Contributions10/11€97.35M€97.35M=
Capital10€97.35M€97.35M=
Issued capital100€97.35M€97.35M=
Reserves13€32.60M€32.60M=
Non-distributable reserves130/1€7.60M€7.60M=
Legal reserve130€7.60M€7.60M=
Tax-exempt reserves132€96k€96k=
Distributable reserves133€24.90M€24.90M=
Profit (loss) carried forward14€134.13M€120.97M
Provisions and deferred taxes16€650k€3.97M
Provisions for liabilities and charges160/5€650k€3.97M
Other liabilities and charges164/5€650k€3.97M
Amounts payable17/49€857.14M€1.27B
Amounts payable after more than one year17€683.27M€726.37M
Financial debts170/4€683.27M€726.37M
Leasing and similar obligations172€8.61M€7.65M
Other loans174€674.66M€718.73M
Amounts payable within one year42/48€167.13M€540.78M
Current portion of amounts payable after more than one year42€2.90M€343.55M
Financial debts43€15.32M€37.15M
Credit institutions430/8€34€29
Other loans439€15.32M€37.15M
Trade debts44€140.35M€151.64M
Suppliers440/4€140.35M€151.64M
Taxes, remuneration and social security45€8.57M€8.43M
Taxes450/3€6.05M€6.17M
Remuneration and social security454/9€2.52M€2.26M
Accrued charges and deferred income492/3€6.74M€7.10M
Income statement Code20242025
Operating income70/76A€945.21M€960.18M
Turnover70€939.49M€955.99M
Change in stocks of work in progress, finished goods and contracts in progress71€-45k€55k
Other operating income74€5.76M€4.13M
Operating charges60/66A€890.94M€947.37M
Goods for resale, raw materials and consumables60€623.39M€661.46M
Purchases600/8€627.88M€662.01M
Change in stocks: decrease (increase)609€-4.49M€-555k
Services and other goods61€248.28M€262.03M
Remuneration, social security and pensions62€15.27M€16.66M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.10M€3.20M
Provisions for liabilities and charges: additions (uses and reversals)635/8-€3.32M
Other operating charges640/8€886k€701k
Operating profit (loss)9901€54.27M€12.81M
Financial income75/76B€84.10M€28.13M
Recurring financial income75€84.10M€28.13M
Income from financial fixed assets750€63.31M€356k
Income from current assets751€3.46M€4.85M
Other financial income752/9€17.33M€22.93M
Financial charges65/66B€37.61M€55.53M
Recurring financial charges65€37.56M€55.53M
Debt charges650€20.71M€31.22M
Other financial charges652/9€16.86M€24.31M
Non-recurring financial charges66B€44k-
Profit (loss) for the period before taxes9903€100.76M€-14.59M
Income taxes67/77€2.54M€-1.44M
Taxes670/3€2.54M-
Tax adjustments and reversals of tax provisions77-€1.44M
Profit (loss) for the period9904€98.22M€-13.16M
Profit (loss) for the period to be appropriated9905€98.22M€-13.16M
Appropriation of the result
Profit (loss) to be appropriated9906€139.04M€120.97M
Profit (loss) brought forward from the previous period14P€40.82M€134.13M
Transfer to equity691/2€4.91M-
To the legal reserve6920€4.91M-
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.

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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: Deloitte Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Ken Vanderstraeten3 facts ▸
  • General meeting, 09-06-2026
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV
  • Permanent representative, Ken Vanderstraeten
15-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-13.16M ▼113%
Net result drops to €-13.16M, 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 €98.22M ▲153%
Operating result €54.27M, net result €98.22M, both a record.
31-12
Financial Equity above €250MEq €264.08M ▲59.2%
3 profitable years in a row build equity to €264.08M.
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 €58.63M
Net result €58.63M after one loss-making year.
31-12
Financial Equity above €100MEq €127.08M ▲85.7%
Equity rises from €68.45M to €127.08M.
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 €11.90M
Net result €11.90M 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 decrease · Statutes amendment4 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 decrease · Statutes amendment4 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.

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.
Pieter Frans Boone
Managing director · since 04-02-2025
Current
Philippe Delsaut
Director · since 14-06-2022
Current
Yvon Guérin
Chair of the board · since 14-06-2022
Current
Herman Van Steenstraeten
Director · since 22-09-2018
Current
Yvon Guériri
Chair of the board · since 01-07-2020
Not recently confirmed
Jules Noten
Director · since 10-06-2014 · Limited partnership · perm. rep.: Jules Noten
Not recently confirmed
1 other director
E. de Mûelenaere
Director · since 10-06-2003
Not recently confirmed
25-08-2025 Yvon Guérin: Mandate renewed as Chair of the board
25-08-2025 Yvon Guérin: Mandate renewed as Managing director
10-06-2025 Philippe Delsaut: Mandate renewed as Director
10-06-2025 Yvon Guérin: Mandate renewed as Director
10-06-2025 Herman Van Steenstraeten: Mandate renewed as Director
Full history in the Timeline (64 changes) →
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 2010
establishment All 2 establishment units on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Ottergemsesteenweg-Zuid 8169000 Gent
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.
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
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
DELOITTE Bedrijfsrevisoren BVCurrent
Auditor · represented by Ken Vanderstraeten
03-07-2017 → present
Show 2 earlier auditors
Deloitte bedrijfsrevisoren CVBA
Statutory auditor
succeeded by DELOITTE Bedrijfsrevisoren BV in 2017
01-08-2014 → 03-07-2017
Pwc Bedrijfsrevisoren
Statutory auditor
succeeded by Deloitte bedrijfsrevisoren CVBA in 2014
04-07-2011 → 01-08-2014

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

Connections & network

20 connected companies
ALPRO, Shared director AALPRObpost, Shared director BbpostFedustria, 2 shared directors FFedustriaFonds Voorzitter Verhelst, Shared director FVFonds VoorzitterVerhelstHaven van Antwerpen - Brugge, Shared director HVHaven vanAntwerpen…La Maison des Syndicats, Shared director LMLa Maison desSyndicatsLES PETITS RIENS - SPULLENHULP, Shared director LPLES PETITS RIENS- SPULLENHULPLEXELLENCE, Shared director LLEXELLENCELIMBURGSE RECONVERSIE MAATSCHAPPIJ, Shared director LRLIMBURGSERECONVERSIE…MIJNEN, Shared director MMIJNENSASTRACO, Shared director SSASTRACOVANDEMOORTELE EEKLO, 4 shared directors VEVANDEMOORTELEEEKLOVandemoortele Europe, 2 shared directors VEVandemoorteleEuropeVANDEMOORTELE GHISLENGHIEN, 4 shared directors VGVANDEMOORTELEGHISLENGHIENVAMIX VAMIX0418.123.646
Shared directors
Linked via shared directors
ALPRO
Shared director
bpost
Shared director
Fedustria
Shared director
Show 16 more companies with a shared director
LEXELLENCE
Shared director
MIJNEN
Shared director
SASTRACO
Shared director
VANDEMOORTELE EEKLO
Shared director
Vandemoortele Europe
Shared director
VANDEMOORTELE IZEGEM
Shared director
VANDEMOORTELE SENEFFE
Shared director
ARDO FOODS
Shared corporate director
DIGROM IMMO
Shared corporate director
Siena Invest
Shared corporate director

Ownership & control

2 parent companies
Control over this companyparent company per the LEI register2
Gent · indirect
controls
VAMIXBE 0418.123.646

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
Onderzoeksproject
5 entries · 493,833 EUR · 393,000 EUR paid · Fonds voor Innoveren en Ondernemen
Vlaams opleidingsverlof (VOV)
2 entries · 3,942 EUR · 3,942 EUR paid · Departement Werk en Sociale Economie

European research

1 project · 49,958 EUR EU contribution
Programmes
Horizon Europe
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

Company data · Crossroads Bank

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
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers

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