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 45 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 5 to 4.2.
Financials
Financial year 2025
MAN@THEWHEEL from Lommel, company number BE0866999955, closed financial year 2025 with a result of € 8 million after tax. For that financial year MAN@THEWHEEL recorded revenue of € 713,727 and equity of € 188.5 million. Compared with financial year 2024, the result moved from € 10.3 million to € 8 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 10, 2026.
€ 188.5 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8 million
▼ 22% vs 2024
Profit after tax over the fiscal year.
€ 2.3 million
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
4.2
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 416,799
▼ 6% vs 2024
€ 99,200 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.
Debts at end 2025
€ 16.5 million
▲ 154% vs 2024
Loans from banks and other lenders, long and short.
€ 530,017
▲ 256% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 102 days on average.
€ 270,926
▲ 217% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 393,638 | € 561,210 | € 642,798 | € 713,727 | ▲ 11% |
| Profit after taxes | € 11,243,392 | € 12,978,182 | € 10,256,586 | € 8,026,011 | ▼ 22% |
| Equity | € 251,617,862 | € 255,517,644 | € 265,774,230 | € 188,487,432 | ▼ 29% |
| Total debts | € 18,808,265 | € 21,927,388 | € 20,954,465 | € 70,598,762 | ▲ 237% |
| Cash | € 12,659,651 | € 848,738 | € 1,588,198 | € 2,260,759 | ▲ 42% |
| Retained profit | € 71,219,862 | € 80,604,011 | € 90,860,597 | € 68,073,575 | ▼ 25% |
| Dividend | € 1,428,571 | € 3,593,761 | € 0 | € 14,084,941 | |
| Bank debt | € 6,500,000 | € 6,500,000 | € 6,500,000 | € 16,500,000 | ▲ 154% |
| Balance sheet total | € 270,426,128 | € 277,445,032 | € 286,728,696 | € 259,086,193 | ▼ 10% |
| Employees (FTE) | 3.8 | 5 | 4.7 | 4.2 | ▼ 0.5 |
Key figures of MAN@THEWHEEL, 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 MAN@THEWHEEL?
What happened at MAN@THEWHEEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 8 million (▼ 22% vs 2024). filed late Source: NBB ↗
- Ann Essers stepped down as director. NBB
- New establishment in Genk. KBO
- New establishment in Lommel. KBO
- Start of the company according to the CBE. KBO
In short
From € 11.2 million profit in 2022 to € 8 million profit in 2025.
Paid € 902,036 in corporate taxes since 2022.
Best year ever: 2023, with € 13 million profit.
Paid out € 19.1 million in dividends to the owners in total.
Management
Behind MAN@THEWHEEL are Hilde Essers and Noël Essers. It owns 100% of DISSER S.A., 100% of HILDAN, 99.9% of H.ESSERS and 99% of ARO itself.
Directors
According to the 2025 annual accounts
Hilde Essers
Director
Also active at: HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT, H.Essers Infra Moorslede, MIJNEN, H. Essers Systems Company, H.Essers Liquid Bulk, H.Essers Infra, H. Essers Express, Douaneagentschap Essers +32 more
Noël Essers
Statutair Bestuurder
Also active at: ENEX, IMMO FOCH, GRONDWERK & VERVOER VERDONCK, Immo de Bogaard, HILDAN, ZEPHYRESS, Auto's Geysen, SOLESS BIS +2 more
Establishments
Establishment units
Physical locations of this company
Beemdstraat 66
3920 Lommel
Transportlaan 4
3600 Genk
Active since 1 November 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0866.999.955
- VAT number
- BE 0866.999.955
- Registered office
- Beemdstraat 66, 3920 Lommel
- Names & denominations
- MAN@THEWHEEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2004
- Peppol
- Active · Active since 17 Sept 2025
- Activities · NACE
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