Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MAN Oost-Vlaanderen from Lokeren, company number BE0422481421, closed financial year 2025 with a result of € 215,202 after tax. For that financial year MAN Oost-Vlaanderen recorded a gross margin of € 2.2 million and equity of € 23.8 million. Compared with financial year 2024, the result moved from € 259,296 to € 215,202. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 23.8 million
▲ € 20.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 215,202
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 2.1 million
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
10.4
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 2% vs 2024
€ 113,100 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.
€ 16,319
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.6 million
▲ 2% vs 2024
€ 123,342 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 14.9 million
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 229,237
▼ 65% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,427,558 | € 2,189,490 | € 2,757,297 | € 2,210,208 | ▼ 20% |
| Profit after taxes | € 110,436 | € 116,496 | € 259,296 | € 215,202 | ▼ 17% |
| Equity | € 2,874,193 | € 2,990,689 | € 3,249,986 | € 23,801,640 | ▲ € 20.6 million |
| Total debts | € 22,555,526 | € 37,033,915 | € 29,105,641 | € 26,342,640 | ▼ 9% |
| Cash | € 3,119,442 | € 2,181,602 | € 3,303,727 | € 2,092,438 | ▼ 37% |
| Land & buildings | € 1,015,772 | € 1,223,569 | € 1,238,695 | € 14,341,900 | ▲ € 13.1 million |
| Retained profit | € 2,747,193 | € 2,863,689 | € 3,122,986 | € 3,338,188 | ▲ 7% |
| Bank debt | € 8,429,871 | € 9,476,598 | € 10,460,425 | € 10,629,489 | ▲ 2% |
| Balance sheet total | € 25,429,719 | € 40,024,604 | € 32,355,626 | € 50,144,281 | ▲ 55% |
| Employees (FTE) | 10 | 10 | 10 | 10.4 | ▲ 0.4 |
Key figures of MAN Oost-Vlaanderen, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 July 2027.
What happened to MAN Oost-Vlaanderen?
What happened at MAN Oost-Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Emiel NEYT stepped down as director. NBB
- Caroline NEYT stepped down as director. NBB
- LOCA PROJECTS NV stepped down as director. NBB
- Manuella NEYT stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 215,202 (▼ 17% vs 2024). Source: NBB ↗
- Ludwig NEYT stepped down as director. NBB
- Emiel NEYT became a director. NBB
- Caroline NEYT became a director. NBB
In short
From € 110,436 profit in 2022 to € 215,202 profit in 2025.
Paid € 328,957 in corporate taxes since 2022.
Best year ever: 2024, with € 259,296 profit.
On average € 212,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Ludwig NEYT
Gedelegeerd bestuurder
Also active at: Leasingline, Loca projects, NEYT TRUCKS, CARROSSERIE NEYT
since 2020 · until 2025
since 2025 · until 2031
since 2025 · until 2031
Gedelegeerd bestuurder · represented by Ludwig NEYT
Also active at: Leasingline, NEYT TRUCKS
since 2025 · until 2031
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Dijkstraat 13
9160 Lokeren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.481.421
- VAT number
- BE 0422.481.421
- Registered office
- Dijkstraat 13, 9160 Lokeren
- Names & denominations
- MAN Oost-Vlaanderen
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 February 1982
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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