VAMIX is a bakery in Gent. Public Limited, started on 20 March 1978, 2 establishments.

What is the address of VAMIX?

The registered office of VAMIX is located at Ottergemsesteenweg-Zuid 816, 9000 Gent.

Is VAMIX still active?

Yes. According to the CBE (29 October 2026) VAMIX is active, legal situation “Normale toestand”, started on 20 March 1978.

Is VAMIX registered on Peppol?

Yes, VAMIX is registered on the Peppol network with ID 0208:0418123646.

What is the enterprise number of VAMIX?

The enterprise number of VAMIX is BE0418123646.

When was VAMIX founded?

VAMIX was founded on 20 March 1978.

Who are the directors of VAMIX?

According to the 2025 annual accounts, the directors of VAMIX are: Herman Van Steenstraeten, Philippe Delsaut, Yvon Guérin, Pieter Frans Boone.

Is VAMIX a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 March 1978; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account; 2 establishments in the CBE.

How much profit did VAMIX make in 2025?

VAMIX recorded a loss after taxes of € 13,157,002 in financial year 2025.

What is the revenue of VAMIX?

In its most recent annual accounts (2025), VAMIX reported revenue of € 955,992,218.

How much does an employee at VAMIX earn?

The average wage cost per full-time employee at VAMIX was € 211,400 in 2025: staff costs of € 16.7 million for 78.8 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VAMIX have?

According to the 2025 annual accounts, VAMIX has 78.8 full-time equivalents (FTE).

VAMIX (Public Limited) - Gent - BE0418123646

Dossier VAMIX, printed on 29 October 2026 from databakkes.be/en/0418123646/vamix. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

VAMIX from Gent, company number BE0418123646, closed financial year 2025 with a result of € -13.2 million after tax. For that financial year VAMIX recorded revenue of € 956 million and equity of € 250.9 million. Compared with financial year 2024, the result moved from € 98.2 million to € -13.2 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.

What it is worth Healthy

€ 250.9 million

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -13.2 million

▼ still € 98.2 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 20.9 million

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 153.6 million.

People and assets in 2025

Full-time equivalents

78.8

▼ 3.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 262 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 16.7 million

▲ 9% vs 2024

€ 211,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 10.9 million

▼ 5% vs 2024

Of which on lease € 10.7 million.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.1 billion

▲ 58% vs 2024

€ 343.6 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 151.6 million

▲ 8% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 60 days on average.

Taxes and wages

€ 8.4 million

▼ 2% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 821,503,548 Revenue 2022: € 821,503,548 First fiscal year in the series	€ 924,196,238 Revenue 2023: € 924,196,238 ▲ 13% vs 2022 (€ 821,503,548) Favourable step	€ 939,488,501 Revenue 2024: € 939,488,501 ▲ 2% vs 2023 (€ 924,196,238) Favourable step	€ 955,992,218 Revenue 2025: € 955,992,218 ▲ 2% vs 2024 (€ 939,488,501) Favourable step	▲ 2%
Profit after taxes	€ 58,629,526 Profit after taxes 2022: € 58,629,526 First fiscal year in the series	€ 38,779,535 Profit after taxes 2023: € 38,779,535 ▼ 34% vs 2022 (€ 58,629,526) Unfavourable step	€ 98,221,295 Profit after taxes 2024: € 98,221,295 ▲ 153% vs 2023 (€ 38,779,535) Favourable step	€ -13,157,002 Profit after taxes 2025: € -13,157,002 ▼ € 111.4 million vs 2024 (€ 98,221,295) Unfavourable step	▼ € 111.4 million
Equity	€ 127,076,283 Equity 2022: € 127,076,283 First fiscal year in the series	€ 165,855,818 Equity 2023: € 165,855,818 ▲ 31% vs 2022 (€ 127,076,283) Favourable step	€ 264,077,112 Equity 2024: € 264,077,112 ▲ 59% vs 2023 (€ 165,855,818) Favourable step	€ 250,920,111 Equity 2025: € 250,920,111 ▼ 5% vs 2024 (€ 264,077,112) Unfavourable step	▼ 5%
Total debts	€ 406,335,403 Total debts 2022: € 406,335,403 First fiscal year in the series	€ 366,989,262 Total debts 2023: € 366,989,262 ▼ 10% vs 2022 (€ 406,335,403) Favourable step	€ 857,143,813 Total debts 2024: € 857,143,813 ▲ 134% vs 2023 (€ 366,989,262) Unfavourable step	€ 1,274,254,584 Total debts 2025: € 1,274,254,584 ▲ 49% vs 2024 (€ 857,143,813) Unfavourable step	▲ 49%
Cash	€ 22,895,241 Cash 2022: € 22,895,241 First fiscal year in the series	€ 55,582,255 Cash 2023: € 55,582,255 ▲ 143% vs 2022 (€ 22,895,241) Favourable step	€ 51,940,044 Cash 2024: € 51,940,044 ▼ 7% vs 2023 (€ 55,582,255) Unfavourable step	€ 20,942,247 Cash 2025: € 20,942,247 ▼ 60% vs 2024 (€ 51,940,044) Unfavourable step	▼ 60%
Land & buildings	€ 2,530,577 Land & buildings 2022: € 2,530,577 First fiscal year in the series	€ 2,624,364 Land & buildings 2023: € 2,624,364 ▲ 4% vs 2022 (€ 2,530,577) Unchanged	€ 3,039,548 Land & buildings 2024: € 3,039,548 ▲ 16% vs 2023 (€ 2,624,364) Unchanged	€ 3,236,246 Land & buildings 2025: € 3,236,246 ▲ 6% vs 2024 (€ 3,039,548) Unchanged	▲ 6%
Retained profit	€ 29,726,583 Retained profit 2022: € 29,726,583 First fiscal year in the series	€ 68,506,118 Retained profit 2023: € 68,506,118 ▲ 130% vs 2022 (€ 29,726,583) Favourable step	€ 166,727,412 Retained profit 2024: € 166,727,412 ▲ 143% vs 2023 (€ 68,506,118) Favourable step	€ 153,570,411 Retained profit 2025: € 153,570,411 ▼ 8% vs 2024 (€ 166,727,412) Unfavourable step	▼ 8%
Bank debt	€ 282,691,792 Bank debt 2022: € 282,691,792 First fiscal year in the series	€ 236,281,944 Bank debt 2023: € 236,281,944 ▼ 16% vs 2022 (€ 282,691,792) Favourable step	€ 701,488,545 Bank debt 2024: € 701,488,545 ▲ 197% vs 2023 (€ 236,281,944) Unfavourable step	€ 1,107,075,658 Bank debt 2025: € 1,107,075,658 ▲ 58% vs 2024 (€ 701,488,545) Unfavourable step	▲ 58%
Balance sheet total	€ 534,061,685 Balance sheet total 2022: € 534,061,685 First fiscal year in the series	€ 533,495,080 Balance sheet total 2023: € 533,495,080 Unchanged (€ 534,061,685) Unchanged	€ 1,121,870,926 Balance sheet total 2024: € 1,121,870,926 ▲ 110% vs 2023 (€ 533,495,080) Unchanged	€ 1,529,145,439 Balance sheet total 2025: € 1,529,145,439 ▲ 36% vs 2024 (€ 1,121,870,926) Unchanged	▲ 36%
Employees (FTE)	67.4 Employees (FTE) 2022: 67.4 First fiscal year in the series	79.1 Employees (FTE) 2023: 79.1 ▲ 11.7 vs 2022 (67.4) Unchanged	82 Employees (FTE) 2024: 82 ▲ 2.9 vs 2023 (79.1) Unchanged	78.8 Employees (FTE) 2025: 78.8 ▼ 3.2 vs 2024 (82) Unchanged	▼ 3.2

Key figures of VAMIX, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to VAMIX?

What happened at VAMIX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2028 Herman Van Steenstraeten stepped down as director. NBB
2028 Philippe Delsaut stepped down as director. NBB
2028 Yvon Guérin stepped down as director. NBB
2028 Pieter Frans Boone stepped down as director. NBB
Jun 15, 2026 New annual accounts for financial year 2025: loss of € 13.2 million (▼ € 111.4 million vs 2024). Source: NBB ↗
2025 Herman Van Steenstraeten became a director. NBB
2025 Philippe Delsaut became a director. NBB
2025 Yvon Guérin became a director. NBB

In short

From € 58.6 million profit in 2022 to € 13.2 million loss in 2025.

Paid € 9.7 million in corporate taxes since 2022.

Best year ever: 2024, with € 98.2 million profit.

Pays suppliers within 60 days on average.

Original PDFs at the National Bank ↗

Management

Vandemoortele NV 100%

VAMIX

LIzzi SRL 100%

Dolciaria Acquaviva S.p.A. 100%

VDM Dommitzsch GMBH 100%

Vandemoortele Brunssum 100%

+10

The shares are held by Vandemoortele NV (100%). It owns 100% of LIzzi SRL, 100% of Dolciaria Acquaviva S.p.A., 100% of VDM Dommitzsch GMBH, 100% of Vandemoortele Brunssum, 100% of Vandemoortele Bakery Products Italia s.p.a. and 100% of Vandemoortele USA inc itself.

Directors

According to the 2025 annual accounts

Herman Van Steenstraeten

Director

Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO, Grow Vandemoortele

since 2025 · until 2028

Philippe Delsaut

Director

Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO, VANDEMOORTELE IZEGEM, Grow Vandemoortele

since 2025 · until 2028

Yvon Guérin

Chairman of the board

Also active at: VANDEMOORTELE TRANSPORT SOLUTIONS, VANDEMOORTELE LIPIDS, Vandemoortele, VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, VANDEMOORTELE EEKLO, VANDEMOORTELE IZEGEM, Grow Vandemoortele

since 2025 · until 2028

Pieter Frans Boone

Director

Also active at: VANDEMOORTELE GHISLENGHIEN, VANDEMOORTELE SENEFFE, Vandemoortele Europe, VANDEMOORTELE EEKLO

since 2025 · until 2028

Shareholders

Vandemoortele NV

100%

Participations

LIzzi SRL

100%

Dolciaria Acquaviva S.p.A.

100%

VDM Dommitzsch GMBH

100%

Vandemoortele Brunssum

100%

Vandemoortele Bakery Products Italia s.p.a.

100%

Vandemoortele USA inc

100%

VANDEMOORTELE CHINA CO., LTD

100%

Cottes action

100%

Vandemoortele Eeklo

100%

Vandemoortele Seneffe

100%

Vandemoortele Bakery Products Polska

99.9%

Vandemoortele Ghislenghien

99.6%

Vandemoortele Lipids

90%

Vandermoortele Europe

39.6%

Establishments

Establishment units

Physical locations of this company

Registered office

Ottergemsesteenweg-Zuid 816

9000 Gent

2.258.855.331

Prins Albertlaan 79

8870 Izegem

Active since 1 January 2017

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

VANDEMOORTELE LIPIDS same network

€ 613.3 million revenue · 2025

Vandemoortele same network

€ 79.2 million revenue · 2025

Safinco

Vandemoortele Europe same network

€ 1.9 billion revenue · 2025

VANDEMOORTELE BTW-EENHEID

+2 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0418.123.646

VAT number

BE 0418.123.646

Registered office

Ottergemsesteenweg-Zuid 816, 9000 Gent

Names & denominations

VAMIX

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 March 1978

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Industriële vervaardiging van brood en van vers banketbakkerswerk

Vervaardiging van andere voedingsmiddelen, n.e.g.

Vervaardiging van overige voedingsmiddelen, n.e.g.

Overige niet-gespecialiseerde detailhandel in winkels in overwegend voedings- en genotmiddelen

Overige niet-gespecialiseerde groothandel in voedings- en genotmiddelen

Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen

Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)

Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen

View on CBE Public ↗ Annual accounts (NBB) ↗

VAMIX

Warning lights

Financials

What happened to VAMIX?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions