ACTIVE

MAN@THEWHEEL

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Financial year 2025 · Closed on 31/12/2025

Net result8 M €-21,7 %over 1 year

Revenue713,7 k €+11,0 %over 1 year

Equity188,5 M €-29,1 %over 1 year

Workforce4,2 ETP-10,6 %over 1 year

Identity

Source · BCE/KBO

MAN@THEWHEEL is a Private limited company incorporated in 2004. Its main activity is: Management consultancy activities. Its registered office is in Lommel. It employs on average 4,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0866.999.955
Incorporation: 30/08/2004
Legal form: Private limited company
Registered office: Beemdstraat 66
3920 Lommel · FlandreSee on map
Contributed capital: 120 413 856,73 €
Latest accounts: 31/12/2025
Average workforce: 4,2 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 64200Activities of holding companies 64210Activities of holding companies

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	713,7 k €	+11.0%	642,8 k €	+14.5%	561,2 k €	+42.6%	393,6 k €	+20.8%	325,9 k €
EBITDA	-1,6 M €	-65.4%	-957,4 k €	-9.4%	-874,8 k €	-52.8%	-572,6 k €	-43.0%	-400,5 k €
Operating result	-1,7 M €	-58.5%	-1,1 M €	-11.1%	-968,1 k €	-51.6%	-638,7 k €	-39.8%	-456,7 k €
Net result	8 M €	-21.7%	10,3 M €	-21.0%	13 M €	+15.4%	11,2 M €	-40.0%	18,7 M €
Balance sheet
Equity	188,5 M €	-29.1%	265,8 M €	+4.0%	255,5 M €	+1.5%	251,6 M €	+4.1%	241,8 M €
Total assets	259,1 M €	-9.6%	286,7 M €	+3.3%	277,4 M €	+2.6%	270,4 M €	+5.3%	256,8 M €
Cash	2,3 M €	+42.3%	1,6 M €	+87.1%	848,7 k €	-93.3%	12,7 M €	+31.1%	9,7 M €
Debts	66,4 M €	+299%	16,7 M €	-16.5%	19,9 M €	+18.5%	16,8 M €	+29.3%	13 M €
Other
Workforce	4,2 ETP	-10.6%	4,7 ETP	-6.0%	5,0 ETP	+31.6%	3,8 ETP	+2.7%	3,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ann ESSERS	Directoruntil 09/02/2026Manager01/05/2016 → 2016 accountsendedAdministrator - manager2019 accountsended
Hilde ESSERS	DirectorManager01/05/2016 → 2016 accountsendedAdministrator - manager2019 accountsended
Noël Essers	Statutair BestuurderDirector2021 accountsendedAdministrator - manager2019 accountsendedManager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TESS0819.269.720Represented by Hilde Essers	Manager25/06/2015 → 2015 accounts

Other companies at this address

Beemdstraat 66 3920 Lommel

Company	CBE no.
ENEX● Active	0428.702.584
GUST● Active	0725.482.794
LOOMESS● Active	0829.571.120
Man@TheWheel Pillar II● Active	1013.466.094

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/08/2026	23/07/2025	24/07/2024	27/07/2023	07/07/2022	02/07/2021
General meeting	30/06/2026	26/06/2025	27/06/2024	22/06/2023	23/06/2022	24/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	10/08/2026	Dutch	PDF
Full model	31/12/2024	26/06/2025	23/07/2025	Dutch	PDF
Full model	31/12/2023	27/06/2024	24/07/2024	Dutch	PDF
Full model	31/12/2022	22/06/2023	27/07/2023	Dutch	PDF
Full model	31/12/2021	23/06/2022	07/07/2022	Dutch	PDF
Full model	31/12/2020	24/06/2021	02/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	24/09/2020	29/09/2020	Dutch	PDF
Full model	31/12/2019	25/06/2020	14/07/2020	Dutch	PDF
Full modelCorrection	31/12/2018	24/09/2020	29/09/2020	Dutch	PDF
Full model	31/12/2018	27/06/2019	26/07/2019	Dutch	PDF
Full model	31/12/2017	28/06/2018	20/07/2018	Dutch	PDF
Full model	31/12/2016	22/06/2017	25/07/2017	Dutch	PDF
Full model	31/12/2015	23/06/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	25/06/2015	06/07/2015	Dutch	PDF
Full model	31/12/2013	26/06/2014	23/07/2014	Dutch	PDF
Full model	31/12/2012	27/06/2013	17/08/2013	Dutch	PDF
Full model	31/12/2011	28/06/2012	06/08/2012	Dutch	PDF
Full model	31/12/2010	23/06/2011	19/08/2011	Dutch	PDF
Abridged model	31/12/2009	24/06/2010	30/08/2010	Dutch	PDF
Abridged model	31/12/2008	19/05/2009	18/08/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/05/2007	22/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ann ESSERS	Directoruntil 09/02/2026Manager01/05/2016 → 2016 accountsendedAdministrator - manager2019 accountsended
Hilde ESSERS	DirectorManager01/05/2016 → 2016 accountsendedAdministrator - manager2019 accountsended
Noël Essers	Statutair BestuurderDirector2021 accountsendedAdministrator - manager2019 accountsendedManager2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
TESS0819.269.720Represented by Hilde Essers	Manager25/06/2015 → 2015 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring06/01/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares19/12/2025
KAPITAAL - AANDELEN
PDF
Restructuring07/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates20/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares09/11/2017
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2015
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Hilde Essers

Ann Essers

Noël Essers

TESS

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

MAN@THEWHEEL

Beemdstraat 66, 3920 Lommel

Director

Statutair Bestuurder

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Beemdstraat 66, 3920 LommelCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00390902

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
MAN@THEWHEELCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00390902

Events

2025
Annual accounts 20258 M €↓
17/12/2025
reduction_capital
17/12/2025
splitStichting Administratiekantoor Brutus
17/12/2025
apportStichting Administratiekantoor Brutus
17/12/2025
constitutionStichting Administratiekantoor Brutus · founder
2024
Annual accounts 202410,3 M €↓
2023
Annual accounts 202313 M €↑
2022
Annual accounts 202211,2 M €↓
2021
Annual accounts 202118,7 M €↑
2020
Annual accounts 2020118,1 k €↓
2019
Annual accounts 201915,7 M €↓
2018
Annual accounts 201823,5 M €↑
2017
Annual accounts 20171,1 M €↑
2016
Annual accounts 2016301,2 k €↓
2015
Annual accounts 2015709,4 k €↑
2014
Annual accounts 2014230,9 k €↓
2013
Annual accounts 2013601,5 k €↑
2012
Annual accounts 2012331,8 k €↑
2011
Annual accounts 201116,5 k €↑
2010
Annual accounts 20106,1 k €↑
2009
Annual accounts 2009-9,2 k €↓
2008
Annual accounts 200811,5 k €↓
2007
Annual accounts 200714,5 k €↓
2006
Annual accounts 2006488,2 k €
30/08/2004
IncorporationPrivate limited company

MAN@THEWHEEL

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events