Sector · NACE 1071

Manufacture of bread; manufacture of fresh pastry goods and cakes

2,368 Belgian companies whose main activity falls under NACE code 1071 have filed annual accounts. Their median solvency is 33.1% for financial year 2024.

Companies2,368
Median solvency33.1%
Median equity89,131 €
Median headcount (FTE)4.4
Founded in the last 3 years208

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 11.1%33.1%58.3% 2,054
Current ratio 0.581.071.94 2,043
ROE 5.6%19.4%39.5% 1,722
Equity 20,619 €89,131 €260,842 € 2,058
Total assets 126,637 €312,233 €760,319 € 2,058
Net result 318 €17,806 €58,933 € 2,055
Headcount (avg FTE) 2.14.49.1 1,438

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Manufacture of bread; manufacture of fresh pastry goods and cakes

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Vamix 9000 Ghent €1.53bn €956.0m €250.9m 78.8 2025
2 La Lorraine Erpe-Mere 9420 Erpe-Mere €195.7m €225.2m −€1.09m 321.5 2025
3 La Lorraine Ninove 9400 Ninove €137.6m €598.0m €19.0m 734.0 2025
4 N.V. Biscuits DELACRE S.A. 1170 Watermael-Boitsfort €128.6m €127.2m €31.9m 319.7 2025
5 Diversi-Foods 9420 Erpe-Mere €115.6m €64.2m €44.4m 55.0 2025
6 Lantmannen Unibake Londerzeel 1840 Londerzeel €102.3m €234.1m €9.56m 168.3 2025
7 Lantmännen Unibake Mouscron 7700 Mouscron €85.4m €103.7m €24.4m 168.8 2025
8 Pmsweet 4821 Dison €81.5m €94.9m €16.0m 281.7 2025
9 La Lorraine Barchon 4671 Blegny €66.6m €92.5m €5.72m 317.3 2025
10 Crelem Bakeries 3650 Dilsen-Stokkem €47.8m €90.7m €13.7m 394.0 2025
11 Avieta 4520 Wanze €44.7m €57.8m €4.81m 225.8 2025
12 Cerelia Belgium 8630 Veurne €43.6m €62.3m €18.7m 123.3 2025
13 Gourmand 7700 Mouscron €37.0m €34.7m €1.07m 171.1 2025
14 Interwaffles 6180 Courcelles €36.7m €60.7m €6.85m 255.1 2025
15 Boulangerie de France 9420 Erpe-Mere €32.3m €35.5m €27.6m 80.5 2025
16 Produpain 9050 Ghent €28.2m €23.8m €2.85m 118.6 2025
17 Crumbel 8400 Ostend €26.3m — €15.7m 92.5 2025
18 La Lorraine Oostende 8400 Ostend €24.7m €46.2m €3.40m 122.1 2025
19 Joriba Bakery Mouscron 7700 Mouscron €24.2m — €6.54m 19.9 2025
20 Guenther Bakeries Belgium 2250 Olen €21.9m €26.9m €18.3m 84.4 2026

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 2,368 companies, full list →

Where are they based?

  • Antwerp494
  • East Flanders307
  • Brussels-Capital289
  • West Flanders258
  • Hainaut224
  • Flemish Brabant214
  • Liège192
  • Limburg149
  • Namur107
  • Walloon Brabant81
  • Luxembourg52

Municipalities with the most

Related sectors

← The whole Manufacture of food products sector (NACE 10)

Frequently asked questions

How many Manufacture of bread; manufacture of fresh pastry goods and cakes companies are there in Belgium?

2,368 Belgian companies whose main activity falls under NACE code 1071 (Manufacture of bread; manufacture of fresh pastry goods and cakes) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of bread; manufacture of fresh pastry goods and cakes?

For financial year 2024, median solvency (equity over total assets) is 33.1%. The middle half of companies lies between 11.1% and 58.3% (2,054 companies).

What is the largest company in Manufacture of bread; manufacture of fresh pastry goods and cakes?

By total assets, it is Vamix (€1.53bn, financial year 2025).

Where are Manufacture of bread; manufacture of fresh pastry goods and cakes companies based?

The municipalities with the most: Ghent (42), Anderlecht (41), Brussels (37).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.