S.MAN is a road construction company in Balen. Private Limited, started on 11 September 2009, 1 establishment.

What is the address of S.MAN?

The registered office of S.MAN is located at Broekstraat 109, 2491 Balen.

Is S.MAN still active?

Yes. According to the CBE (30 October 2026) S.MAN is active, legal situation “Normale toestand”, started on 11 September 2009.

Is S.MAN registered on Peppol?

Yes, S.MAN is registered on the Peppol network with ID 0208:0818469271.

What is the enterprise number of S.MAN?

The enterprise number of S.MAN is BE0818469271.

When was S.MAN founded?

S.MAN was founded on 11 September 2009.

Who are the directors of S.MAN?

According to the 2025 annual accounts, the directors of S.MAN are: Stefan Mangelschots.

Is S.MAN a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 September 2009; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did S.MAN make in 2025?

S.MAN posted a profit after taxes of € 62,996 in financial year 2025.

What is the revenue of S.MAN?

As a small company, S.MAN is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 318,681.

How much does an employee at S.MAN earn?

The average wage cost per full-time employee at S.MAN was € 47,200 in 2025: staff costs of € 113,379 for 2.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does S.MAN have?

According to the 2025 annual accounts, S.MAN has 2.4 full-time equivalents (FTE).

S.MAN (Private Limited) - Balen - BE0818469271

Dossier S.MAN, printed on 30 October 2026 from databakkes.be/en/0818469271/s-man. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

S.MAN from Balen, company number BE0818469271, closed financial year 2025 with a result of € 62,996 after tax. For that financial year S.MAN recorded a gross margin of € 318,681 and equity of € 338,623. Compared with financial year 2024, the result moved from € -152,246 to € 62,996. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.

What it is worth Growing

€ 338,623

▲ 23% vs 2024

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

Profit Growing

€ 62,996

▲ still € 152,246 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 759

▲ € 647 vs 2024

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

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 320,023.

People and assets in 2025

Full-time equivalents

2.4

▲ 0.1 vs 2024

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

Wage cost

€ 113,379

▲ 15% vs 2024

€ 47,200 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

€ 63,202

▼ 18% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 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.

€ 342,660

▼ 25% vs 2024

€ 95,544 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 375,510

▲ 30% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 9,013

▼ 8% 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
Gross margin	€ 316,593 Gross margin 2022: € 316,593 First fiscal year in the series	€ 346,009 Gross margin 2023: € 346,009 ▲ 9% vs 2022 (€ 316,593) Favourable step	€ 204,925 Gross margin 2024: € 204,925 ▼ 41% vs 2023 (€ 346,009) Unfavourable step	€ 318,681 Gross margin 2025: € 318,681 ▲ 56% vs 2024 (€ 204,925) Favourable step	▲ 56%
Profit after taxes	€ 116,116 Profit after taxes 2022: € 116,116 First fiscal year in the series	€ 80,890 Profit after taxes 2023: € 80,890 ▼ 30% vs 2022 (€ 116,116) Unfavourable step	€ -152,246 Profit after taxes 2024: € -152,246 ▼ € 233,137 vs 2023 (€ 80,890) Unfavourable step	€ 62,996 Profit after taxes 2025: € 62,996 ▲ € 215,242 vs 2024 (€ -152,246) Favourable step	▲ € 215,242
Equity	€ 346,983 Equity 2022: € 346,983 First fiscal year in the series	€ 427,873 Equity 2023: € 427,873 ▲ 23% vs 2022 (€ 346,983) Favourable step	€ 275,627 Equity 2024: € 275,627 ▼ 36% vs 2023 (€ 427,873) Unfavourable step	€ 338,623 Equity 2025: € 338,623 ▲ 23% vs 2024 (€ 275,627) Favourable step	▲ 23%
Total debts	€ 971,895 Total debts 2022: € 971,895 First fiscal year in the series	€ 975,573 Total debts 2023: € 975,573 Unchanged (€ 971,895) Unfavourable step	€ 829,545 Total debts 2024: € 829,545 ▼ 15% vs 2023 (€ 975,573) Favourable step	€ 760,821 Total debts 2025: € 760,821 ▼ 8% vs 2024 (€ 829,545) Favourable step	▼ 8%
Cash	€ 27,873 Cash 2022: € 27,873 First fiscal year in the series	€ 11,774 Cash 2023: € 11,774 ▼ 58% vs 2022 (€ 27,873) Unfavourable step	€ 111 Cash 2024: € 111 ▼ 99% vs 2023 (€ 11,774) Unfavourable step	€ 759 Cash 2025: € 759 ▲ € 647 vs 2024 (€ 111) Favourable step	▲ € 647
Retained profit	€ 328,383 Retained profit 2022: € 328,383 First fiscal year in the series	€ 409,273 Retained profit 2023: € 409,273 ▲ 25% vs 2022 (€ 328,383) Favourable step	€ 257,027 Retained profit 2024: € 257,027 ▼ 37% vs 2023 (€ 409,273) Unfavourable step	€ 320,023 Retained profit 2025: € 320,023 ▲ 25% vs 2024 (€ 257,027) Favourable step	▲ 25%
Bank debt	€ 484,225 Bank debt 2022: € 484,225 First fiscal year in the series	€ 475,999 Bank debt 2023: € 475,999 ▼ 2% vs 2022 (€ 484,225) Favourable step	€ 458,476 Bank debt 2024: € 458,476 ▼ 4% vs 2023 (€ 475,999) Favourable step	€ 342,660 Bank debt 2025: € 342,660 ▼ 25% vs 2024 (€ 458,476) Favourable step	▼ 25%
Balance sheet total	€ 1,318,878 Balance sheet total 2022: € 1,318,878 First fiscal year in the series	€ 1,403,446 Balance sheet total 2023: € 1,403,446 ▲ 6% vs 2022 (€ 1,318,878) Unchanged	€ 1,105,172 Balance sheet total 2024: € 1,105,172 ▼ 21% vs 2023 (€ 1,403,446) Unchanged	€ 1,099,444 Balance sheet total 2025: € 1,099,444 ▼ 1% vs 2024 (€ 1,105,172) Unchanged	▼ 1%
Employees (FTE)	0.7 Employees (FTE) 2022: 0.7 First fiscal year in the series	1.7 Employees (FTE) 2023: 1.7 ▲ 1 vs 2022 (0.7) Unchanged	2.3 Employees (FTE) 2024: 2.3 ▲ 0.6 vs 2023 (1.7) Unchanged	2.4 Employees (FTE) 2025: 2.4 ▲ 0.1 vs 2024 (2.3) Unchanged	▲ 0.1

Key figures of S.MAN, 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 S.MAN?

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

Jul 14, 2026 New annual accounts for financial year 2025: profit of € 62,996. Source: NBB ↗
Sep 28, 2009 New establishment in Balen. KBO
2009 Stefan Mangelschots became a director. NBB
Sep 11, 2009 Start of the company according to the CBE. KBO

In short

From € 116,116 profit in 2022 to € 62,996 profit in 2025.

Paid € 77,602 in corporate taxes since 2022.

Best year ever: 2022, with € 116,116 profit.

On average € 132,800 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Stefan Mangelschots

S.MAN

Behind S.MAN is Stefan Mangelschots.

Directors

According to the 2025 annual accounts

Stefan Mangelschots

Director

since 2009

Establishments

Establishment units

Physical locations of this company

Registered office

Broekstraat 109

2491 Balen

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Keiheuvel MSVT

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

Details

Company number

0818.469.271

VAT number

BE 0818.469.271

Registered office

Broekstraat 109, 2491 Balen

Names & denominations

S.MAN

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 September 2009

Peppol

Active · Active since 11 Nov 2025

Activities · NACE

Bouw van autowegen en andere wegen

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Overige zakelijke dienstverlening, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

S.MAN

Financials

What happened to S.MAN?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions