Amphiphilic molecules spontaneously self-assemble in solution to form a variety of aggregates. Only limited information is available on the kinetics of the structural transitions as well as on the existence of non-equilibrium or metastable states. Aqueous mixtures of lecithin and bile salt are very interesting biological model-systems which exhibit a spontaneous transition from polymer-like mixed micelles to vesicles upon dilution. The small-angle neutron scattering (SANS) instrument D22, with its very high neutron flux and the broad range of scattering vectors covered in a single instrumental setting, allowed us for the first time to perform time-resolved scattering experiments in order to study the micelle-to-vesicle transition. The temporal evolution of the aggregate structures were followed and detailed information was obtained even on molecular length-scales. (author). 5 refs.