MAN@THEWHEEL
MAN@THEWHEEL and the 39 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.
Sum of the filed annual accounts of 39 of the 40 Belgian companies (financial years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.
Group risk
How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.
- The parent itself: MAN@THEWHEEL, no verdict.
- 6 companies with negative equity: H.Essers Infra (-€9.5m), H.ESSERS REAL ESTATE COMPANY (-€6.4m), H.Essers Infra Moorslede (-€2.0m), STUDIEBUREAU EUREPLAN (-€243,748), SOLESS BIS (-€126,099), MACOLINES (-€4,401).
- 22 companies with a loss in the latest year: H.ESSERS REAL ESTATE COMPANY (-€2.2m), H.Essers Infra (-€1.7m), H.Essers Liquid Bulk (-€702,579), HOSPITAL LOGISTICS (-€560,972), ZEPHYRESS (-€327,849), ECOBETON WATER TECHNOLOGIES (-€272,831) and 16 more.
- 22.1% of the added-up total assets sits in one company: H. ESSERS LOGISTICS COMPANY.
- 0.6% of the added-up total assets sits at companies with an elevated or high risk.
Group structure
Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.
- MAN@THEWHEEL3 subsidiariesNo verdict€259.1m €188.5m 2025
- ARO7 subsidiariesHealthy · 95€71.6m €42.5m 2025
- No verdict€56.8m €32.3m 2025
- NADACO6 subsidiariesNo verdict€7.6m €3.6m 2025
- Fair · 54€234,861 €120,774 2025
- Fair · 52€6.9m €437,252 2025
- Fair · 52€1.2m €289,919 2025
- Healthy · 63€5.0m €512,329 2025
- Fair · 49€129,425 -€4,401 2025
- Fair · 51€180,227 -€243,748 2025
- NEPTUNESS1 subsidiaryNo verdict€24.8m €13.3m 2025
- ECOBETON WATER TECHNOLOGIES1 subsidiaryHealthy · 80€17.7m €2.9m 2025
- Healthy · 93€11.7m €3.6m 2025
- Healthy · 83€25.3m €10.3m 2025
- Healthy · 98€16.4m €13.6m 2025
- Fair · 53€2.1m -€126,099 2025
- No verdict€8.0m €4.2m 2025
- H. ESSERS3 subsidiariesNo verdict€509.9m €501.6m 2025
- H. ESSERS LOGISTICS COMPANY2 subsidiariesHealthy · 91€550.7m €123.3m 2025
- H. Essers Systems Company1 subsidiaryHealthy · 98€33.0m €32.9m 2025
- Healthy · 95€17.8m €15.2m 2025
- Fair · 53€86.1m -€6.4m 2025
- H.Essers Infra1 subsidiaryElevated · 34€14.9m -€9.5m 2025
- Elevated · 31€384,768 -€2.0m 2025
- HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORT9 subsidiariesHealthy · 65€339.5m €21.1m 2025
- Healthy · 93€11.9m €9.8m 2025
- Healthy · 97€32.0m €29.5m 2025
- Healthy · 83€494,304 €470,161 2025
- Healthy · 89€127.1m €64.6m 2025
- Healthy · 86€64.7m €45.8m 2025
- Healthy · 69€87.6m €19.8m 2025
- Healthy · 90€4.3m €4.0m 2025
- Healthy · 83€33.3m €9.5m 2025
- Healthy · 87€22.2m €7.2m 2025
High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.
Shared directors
Who sits on the boards of several group companies. This is where control over the group sits in practice.
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10
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9
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4
- 2
Events in the group
Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.
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2 directors appointed, 2 reappointed
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Deloitte Bedrijfsrevisoren BV appointed as statutory auditor
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Change of permanent representative
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Transaction in capital or shares
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1 director appointed, 1 director resigning
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5 reappointed
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Kathleen De Brabander appointed as representative
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Kathleen De Brabander appointed as vertegenwoordiger van de commissaris
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Ann Essers resigns as director
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Ann Essers resigns as director
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Ann Essers resigns as director
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Registered office moved from Genk to Maasmechelen
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Change of permanent representative
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Incorporation of TESSIMMО
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TESS appointed as director
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Incorporation of LA LUNE
The 30 most recent; each dossier shows its company's full timeline.
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Where do these figures come from?
Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.
The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.
The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.
Updated on 15-10-2026