IEMANTS
ActiveSummary
IEMANTS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70.0m and a net result of €40.0m. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+12
Solvency41▲+4
Growth85▲+2
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.18 in 2024; short-term debt: 78.6% and cash: 0.2% of total assets), and 84.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.6%
Return on assets
8.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 682 sector peers (2025).
NBB · sector comparisonPosition among 682 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
33 d early
2023
34 d early
2022
55 d early
2021
58 d early
2020
65 d early
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
IEMANTS was incorporated on 24 November 1995.1 In 2013 the capital was increased by EUR 6.5 million to EUR 12 million.2 Since 2023 the company has been called IEMANTS.3 The board currently has 6 members; Raf Iemants has served longest, since 2012.4 Revenue grew from EUR 147 million in 2018 to EUR 555 million in 2025 and headcount from 366 to 507 full-time equivalents.5
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Financials · fiscal year 2025, full schema
In the rankings
#1 employer in Arendonk#1 company by equity in Arendonk, Manufacturing sector#2 company by total assets in the province of Antwerp, Fabricated metal products sector
Turnover
€555.1m▲ 37.1%
2024 · €404.8m
EBIT margin
8.1%▲ 5.9pp
2024 · 2.2%
Net result
€40.0m▲ 292%
2024 · €10.2m
Working capital
€83.2m▲ 85.0%
2024 · €45.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€196.3m▲ 42.2%€168.3m▼ 14.3%€277.4m▲ 64.9%€404.8m▲ 45.9%€555.1m▲ 37.1%
Operating result€3.9m▲ 12.6%-€7.7m€6.2m€8.7m▲ 41.6%€44.9m▲ 415%
Net result€2.4mabove the sector's middle half▼ 17.8%-€8.0mbelow the sector's middle half€6.4mabove the sector's middle half€10.2mabove the sector's middle half▲ 60.2%€40.0mabove the sector's middle half▲ 292%
EBIT margin2.0%▼ 0.5pp-4.6%▼ 6.6pp2.2%▲ 6.8pp2.2%▼ 0.1pp8.1%▲ 5.9pp
Equity€26.5mabove the sector's middle half▲ 10.0%€18.5mabove the sector's middle half▼ 30.2%€24.8mabove the sector's middle half▲ 34.4%€35.0mabove the sector's middle half▲ 41.0%€70.0mabove the sector's middle half▲ 99.9%
Total assets€81.8mabove the sector's middle half▼ 24.2%€135.8mabove the sector's middle half▲ 65.9%€247.7mabove the sector's middle half▲ 82.5%€301.1mabove the sector's middle half▲ 21.6%€447.5mabove the sector's middle half▲ 48.6%
Debt€50.9m▼ 36.5%€104.3m▲ 105%€206.0m▲ 97.5%€247.6m▲ 20.2%€355.4m▲ 43.5%
Working capital€17.0mabove the sector's middle half▲ 31.8%€19.9mabove the sector's middle half▲ 17.1%€30.8mabove the sector's middle half▲ 54.7%€45.0mabove the sector's middle half▲ 45.8%€83.2mabove the sector's middle half▲ 85.0%
Solvency32.4%within the sector's middle half▲ 10.1pp13.6%below the sector's middle half▼ 18.8pp10.0%below the sector's middle half▼ 3.6pp11.6%below the sector's middle half▲ 1.6pp15.6%below the sector's middle half▲ 4.0pp
Current ratio1.34within the sector's middle half▲ 0.181.19within the sector's middle half▼ 0.141.15within the sector's middle half▼ 0.041.18within the sector's middle half▲ 0.031.24within the sector's middle half▲ 0.05
Return on assets (ROA)3.0%within the sector's middle half▲ 0.2pp-5.9%below the sector's middle half▼ 8.9pp2.6%within the sector's middle half▲ 8.5pp3.4%within the sector's middle half▲ 0.8pp8.9%within the sector's middle half▲ 5.5pp
Staff (FTE)391.1above the sector's middle half▲ 3.2%389.4above the sector's middle half▼ 0.4%416.1above the sector's middle half▲ 6.9%452.3above the sector's middle half▲ 8.7%506.5above the sector's middle half▲ 12.0%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 415% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €447.5m
Fixed assets
€12.7m ▲ 7.2%
Current assets
€434.9m ▲ 50.3%
Equity and liabilities €447.5m
Equity
€70.0m ▲ 99.9%
Provisions
€22.1m ▲ 19.7%
Debt
€355.4m ▲ 43.5%
Debt's share of the balance-sheet total falls from 82.2% to 79.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47.3m▲
2024 · €11.5m
Cash flow
€42.4m▲
2024 · €12.9m
Quick ratio
1.20▲
2024 · 1.14
Debt to equity
5.08▼
2024 · 7.07
ROE
57.1%▲
2024 · 29.1%
Interest coverage
136.29▲
2024 · 17.40
Debt ≤ 1 year
€351.7m▲
2024 · €244.4m
Income taxes
€13.6m▲
2024 · €3.9m
Staff costs
€52.5m▲
2024 · €46.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 101 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 97% are still going.
- Large
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
2.0%
went bankrupt
1.0%
stopped otherwise
97%
still going
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 101 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €218.7m | €197.2m | €331.7m | €354.8m | €593.6m | ▲ 67.3% |
| Turnover70 | €196.3m | €168.3m | €277.4m | €404.8m | €555.1m | ▲ 37.1% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €12.1m | €18.2m | €39.1m | -€70.0m | €2.0m | ▲ 103% |
| Own construction capitalised72 | €205,136 | €407,176 | €240,430 | €295,428 | €185,364 | ▼ 37.3% |
| Other operating income74 | €10.1m | €10.4m | €14.9m | €19.7m | €36.3m | ▲ 84.6% |
| Operating charges60/66A | €214.8m | €205.0m | €325.5m | €346.0m | €548.7m | ▲ 58.6% |
| Goods for resale, raw materials and consumables60 | €143.7m | €125.4m | €239.7m | €251.2m | €440.8m | ▲ 75.5% |
| Purchases600/8 | €143.8m | €125.8m | €239.7m | €251.2m | €440.8m | ▲ 75.5% |
| Change in stocks: decrease (increase)609 | -€141,771 | -€310,640 | €16,293 | €18,333 | €8,794 | ▼ 52.0% |
| Services and other goods61 | €32.5m | €32.5m | €38.2m | €43.6m | €48.6m | ▲ 11.5% |
| Remuneration, social security and pensions62 | €34.5m | €35.2m | €40.4m | €46.5m | €52.5m | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2.7m | €2.7m | €2.8m | €2.7m | €2.5m | ▼ 10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €288,001 | €101,766 | €169,033 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €726,575 | €8.6m | €3.9m | €1.6m | €3.6m | ▲ 127% |
| Other operating charges640/8 | €356,006 | €423,705 | €387,189 | €437,101 | €665,643 | ▲ 52.3% |
| Operating profit (loss)9901 | €3.9m | -€7.7m | €6.2m | €8.7m | €44.9m | ▲ 415% |
| Financial income75/76B | €83,532 | €215,421 | €2.3m | €6.2m | €9.8m | ▲ 57.7% |
| Recurring financial income75 | €83,532 | €215,421 | €2.3m | €6.2m | €9.8m | ▲ 57.7% |
| Income from financial fixed assets750 | €37,853 | €47,288 | €59,302 | €69,777 | €1.8m | ▲ 2,421% |
| Income from current assets751 | - | - | €1.9m | €5.8m | €7.1m | ▲ 21.5% |
| Other financial income752/9 | €45,679 | €168,133 | €416,403 | €337,254 | €994,804 | ▲ 195% |
| Financial charges65/66B | €420,943 | €522,261 | €437,873 | €866,306 | €1.1m | ▲ 32.0% |
| Recurring financial charges65 | €420,943 | €471,338 | €437,873 | €866,306 | €1.1m | ▲ 32.0% |
| Debt charges650 | €363,473 | €297,776 | €221,229 | €658,100 | €347,232 | ▼ 47.2% |
| Other financial charges652/9 | €57,470 | €173,562 | €216,644 | €208,206 | €796,396 | ▲ 283% |
| Non-recurring financial charges66B | - | €50,923 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €3.6m | -€8.0m | €8.1m | €14.1m | €53.6m | ▲ 280% |
| Income taxes67/77 | €1.1m | -€15,136 | €1.7m | €3.9m | €13.6m | ▲ 248% |
| Taxes670/3 | €1.1m | €38,499 | €1.7m | €3.9m | €13.7m | ▲ 251% |
| Tax adjustments and reversals of tax provisions77 | - | €53,636 | - | - | €95,370 | - |
| Profit (loss) for the period9904 | €2.4m | -€8.0m | €6.4m | €10.2m | €40.0m | ▲ 292% |
| Profit (loss) for the period to be appropriated9905 | €2.4m | -€8.0m | €6.4m | €10.2m | €40.0m | ▲ 292% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81.8m | €135.8m | €247.7m | €301.1m | €447.5m | ▲ 48.6% |
| Fixed assets21/28 | €14.5m | €12.9m | €12.1m | €11.8m | €12.7m | ▲ 7.2% |
| Tangible fixed assets22/27 | €13.4m | €11.8m | €11.1m | €10.7m | €11.6m | ▲ 7.8% |
| Land and buildings22 | €5.7m | €5.3m | €5.1m | €4.7m | €5.7m | ▲ 22.0% |
| Plant, machinery and equipment23 | €5.6m | €4.4m | €4.1m | €3.6m | €3.0m | ▼ 16.4% |
| Furniture and vehicles24 | €2.1m | €1.8m | €1.6m | €1.9m | €1.8m | ▼ 7.5% |
| Assets under construction and advance payments27 | €16,616 | €335,298 | €274,874 | €536,581 | €1.1m | ▲ 98.6% |
| Financial fixed assets28 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.3% |
| Affiliated companies280/1 | €586,891 | €561,889 | €561,889 | €561,889 | €561,889 | = |
| Participating interests280 | €586,891 | €561,889 | €561,889 | €561,889 | €561,889 | = |
| Other financial fixed assets284/8 | €545,780 | €512,525 | €492,284 | €521,534 | €535,878 | ▲ 2.8% |
| Shares284 | €124 | €124 | €124 | €124 | €124 | = |
| Amounts receivable and cash guarantees285/8 | €545,656 | €512,401 | €492,160 | €521,410 | €535,754 | ▲ 2.8% |
| Current assets29/58 | €67.3m | €122.9m | €235.6m | €289.3m | €434.9m | ▲ 50.3% |
| Stocks and contracts in progress3 | €22.4m | €40.9m | €79.9m | €9.9m | €11.8m | ▲ 19.7% |
| Stocks30/36 | €1.3m | €1.6m | €1.6m | €1.6m | €1.5m | ▼ 0.6% |
| Raw materials and consumables30/31 | €1.3m | €1.6m | €1.6m | €1.6m | €1.5m | ▼ 0.6% |
| Contracts in progress37 | €21.1m | €39.3m | €78.4m | €8.3m | €10.3m | ▲ 23.5% |
| Amounts receivable within one year40/41 | €30.9m | €66.2m | €134.0m | €278.1m | €421.7m | ▲ 51.6% |
| Trade receivables40 | €25.4m | €31.3m | €30.8m | €28.7m | €64.1m | ▲ 123% |
| Other amounts receivable41 | €5.5m | €34.9m | €103.2m | €249.4m | €357.6m | ▲ 43.4% |
| Cash at bank and in hand54/58 | €13.9m | €15.6m | €21.3m | €984,143 | €1.0m | ▲ 3.4% |
| Deferred charges and accrued income490/1 | €198,703 | €282,833 | €308,319 | €371,705 | €363,667 | ▼ 2.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81.8m | €135.8m | €247.7m | €301.1m | €447.5m | ▲ 48.6% |
| Equity10/15 | €26.5m | €18.5m | €24.8m | €35.0m | €70.0m | ▲ 99.9% |
| Contributions10/11 | €11.5m | €11.5m | €11.5m | €11.5m | €11.5m | = |
| Capital10 | €11.5m | €11.5m | €11.5m | €11.5m | €11.5m | = |
| Issued capital100 | €11.5m | €11.5m | €11.5m | €11.5m | €11.5m | = |
| Reserves13 | €9.7m | €9.7m | €9.7m | €9.7m | €4.7m | ▼ 51.7% |
| Non-distributable reserves130/1 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Legal reserve130 | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | = |
| Distributable reserves133 | €8.5m | €8.5m | €8.5m | €8.5m | €3.5m | ▼ 58.7% |
| Profit (loss) carried forward14 | €5.4m | -€2.6m | €3.7m | €13.9m | €53.9m | ▲ 288% |
| Provisions and deferred taxes16 | €4.5m | €13.0m | €16.9m | €18.5m | €22.1m | ▲ 19.7% |
| Provisions for liabilities and charges160/5 | €4.5m | €13.0m | €16.9m | €18.5m | €22.1m | ▲ 19.7% |
| Pensions and similar obligations160 | €394 | - | - | - | - | - |
| Other liabilities and charges164/5 | €4.4m | €13.0m | €16.9m | €18.5m | €22.1m | ▲ 19.7% |
| Amounts payable17/49 | €50.9m | €104.3m | €206.0m | €247.6m | €355.4m | ▲ 43.5% |
| Amounts payable within one year42/48 | €50.3m | €103.0m | €204.7m | €244.4m | €351.7m | ▲ 43.9% |
| Trade debts44 | €28.5m | €41.4m | €105.5m | €136.7m | €123.3m | ▼ 9.8% |
| Suppliers440/4 | €28.5m | €41.4m | €105.5m | €136.7m | €123.3m | ▼ 9.8% |
| Advances received on contracts in progress46 | €7.8m | €31.0m | €60.9m | €30.9m | €102.0m | ▲ 230% |
| Taxes, remuneration and social security45 | €7.4m | €11.6m | €21.2m | €22.4m | €18.1m | ▼ 19.4% |
| Taxes450/3 | €934,239 | €4.8m | €13.2m | €13.6m | €8.0m | ▼ 41.7% |
| Remuneration and social security454/9 | €6.4m | €6.8m | €8.0m | €8.8m | €10.1m | ▲ 15.4% |
| Other amounts payable47/48 | €6.6m | €18.9m | €17.1m | €54.3m | €108.3m | ▲ 99.2% |
| Accrued charges and deferred income492/3 | €602,991 | €1.3m | €1.3m | €3.3m | €3.7m | ▲ 13.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.4m | -€8.0m | €6.4m | €10.2m | €40.0m | ▲ 292% |
| + Depreciation and write-downs630 | €2.7m | €2.7m | €2.8m | €2.7m | €2.5m | ▼ 10.3% |
| Operating cash flow (approximation) | €5.1m | -€5.3m | €9.2m | €12.9m | €42.4m | ▲ 228% |
| Investment in fixed assets (approximation) | - | -€1.0m | -€2.1m | -€2.4m | -€3.3m | ▼ 37.3% |
| Change in cash | - | €1.7m | €5.7m | -€20.3m | €33,785 | ▲ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 6 days late
19-01
State Gazette act
Resignations: Sauvé Martin Bernard Guillaume, Vanheuverswyn François Marie Joël Antoine and Rafaël Aloysius M lemantsAppointments: Muylaert Frederik Maria David, Sannen Elisabeth Jos Gunter and Loots August Benjamin9 facts ▸
State Gazette act
Resignations: Sauvé Martin Bernard Guillaume, Vanheuverswyn François Marie Joël Antoine and Rafaël Aloysius M lemants
Appointments: Muylaert Frederik Maria David, Sannen Elisabeth Jos Gunter and Loots August Benjamin9 facts ▸
- General meeting, 09-12-2025
- Director resignation, Sauvé Martin Bernard Guillaume (director)
- Director resignation, Vanheuverswyn François Marie Joël Antoine (director)
- Director resignation, Rafaël Aloysius M lemants (director)
- Director appointment, Muylaert Frederik Maria David (director)
- Director appointment, Sannen Elisabeth Jos Gunter (director)
- Director appointment, Loots August Benjamin (director)
- Director appointment, Muylaert Frederik Maria David (chair of the board)
- Director appointment, Muylaert Frederik Maria David (managing director)
2025
31-12
Financial
Highest result since 2018net €40.0m ▲292%
Operating result €44.9m, net result €40.0m, both a record.
31-12
Financial
Equity above €50mEq €70.0m ▲99.9%
3 profitable years in a row build equity to €70.0m.
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
24-06
State Gazette act
Appointment: FORVIS MAZARS Bedrijfsrevisoren (statutory auditor)2 facts ▸
State Gazette act
Appointment: FORVIS MAZARS Bedrijfsrevisoren (statutory auditor)
2 facts ▸
- General meeting, 09-05-2025
- Auditor appointment, FORVIS MAZARS Bedrijfsrevisoren (statutory auditor)
2024
31-12
Financial
Equity above €25mEq €35.0m ▲41%
2 profitable years in a row build equity to €35.0m.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €6.4m
Net result €6.4m after one loss-making year.
27-09
State Gazette act
Statutes amendmentName change · Power of attorney13 facts ▸
State Gazette act
Statutes amendment
Name change · Power of attorney13 facts ▸
- General meeting, 12-09-2023
- Name change, IEMANTS
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Power of attorney, Tuur KENNIS
- +1 further facts in this act
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
24-03
State Gazette act
Appointment: Mazars Bedrijfsrevisoren (statutory auditor)2 facts ▸
State Gazette act
Appointment: Mazars Bedrijfsrevisoren (statutory auditor)
2 facts ▸
- General meeting, 06-05-2022
- Auditor appointment, Mazars Bedrijfsrevisoren (statutory auditor)
Show earlier events
2022
31-12
Financial
Weakest financial yearnet -€8.0m
Net result drops to -€8.0m, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €25mEq €26.5m ▲10%
2 profitable years in a row build equity to €26.5m.
14-06
State Gazette act
Reappointments: Raf Iemants, Antoine Vanheuverswyn and Guillaume Sauvé4 facts ▸
State Gazette act
Reappointments: Raf Iemants, Antoine Vanheuverswyn and Guillaume Sauvé
4 facts ▸
- General meeting, 07-05-2021
- Director reappointment, Raf Iemants (director)
- Director reappointment, Antoine Vanheuverswyn (director)
- Director reappointment, Guillaume Sauvé (director)
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €2.9m
Net result €2.9m after one loss-making year.
06-08
State Gazette act
Resignation: ANTOINE BRESOLIN (director)Appointment: GUILLAUME SAUVE (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: ANTOINE BRESOLIN (director)
Appointment: GUILLAUME SAUVE (director) · Mandate compensation4 facts ▸
- General meeting, 19-05-2020
- Director resignation, ANTOINE BRESOLIN (director)
- Director appointment, GUILLAUME SAUVE (director)
- Mandate compensation, GUILLAUME SAUVE
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
20-03
State Gazette act
Resignations & appointmentsStatutes amendment3 facts ▸
State Gazette act
Resignations & appointments
Statutes amendment3 facts ▸
- Board meeting, 22-01-2020
- Statutes amendment
- Statutes amendment
2019
25-07
State Gazette act
Resignation: Hervé ROLLAND (director)Appointments: Antoine Vanheuverswyn (director) and CVBA MAZARS Bedrijfsrevisoren (statutory auditor) · Permanent representative: Koen Potters · Mandate compensation6 facts ▸
State Gazette act
Resignation: Hervé ROLLAND (director)
Appointments: Antoine Vanheuverswyn (director) and CVBA MAZARS Bedrijfsrevisoren (statutory auditor) · Permanent representative: Koen Potters · Mandate compensation6 facts ▸
- General meeting, 29-05-2019
- Director resignation, Hervé ROLLAND (director)
- Director appointment, Antoine Vanheuverswyn (director)
- Mandate compensation, Antoine Vanheuverswyn
- Auditor appointment, CVBA MAZARS Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Koen Potters
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-10
State Gazette act
Resignations & appointmentsBoard composition · Power of attorney · Delegation restriction14 facts ▸
State Gazette act
Resignations & appointments
Board composition · Power of attorney · Delegation restriction14 facts ▸
- Board meeting, 13-07-2018
- Board composition, Raf Iemants (managing director)
- Board composition, Antoine Bresolin (director)
- Board composition, Hervé Rolland (director)
- Power of attorney, Raf Iemants
- Delegation restriction, Delegations may not be sub-delegated except by the Gedelegeerd Bestuurder or by two Bestuurders
- Delegation annulment, These delegations annul and replace all previously granted delegations
- Signing group, A
- Signing group, B
- Signing group, C
- Signing group, PM
- Signing group, Aankoopdienst
- +2 further facts in this act
04-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
21-02
State Gazette act
Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Peter Van den Eynde3 facts ▸
State Gazette act
Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor)
Permanent representative: Peter Van den Eynde3 facts ▸
- General meeting, 02-05-2016
- Auditor appointment, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Peter Van den Eynde
2016
05-02
State Gazette act
Resignations & appointmentsBoard composition · Power of attorney54 facts ▸
State Gazette act
Resignations & appointments
Board composition · Power of attorney54 facts ▸
- Board meeting, 16-12-2015
- Board composition, Raf Iemants (managing director)
- Board composition, Antoine Bresolin (director)
- Board composition, Hervé Rolland (director)
- Power of attorney, Raf Iemants
- Power of attorney, Antoine Bresolin
- Power of attorney, Hervé Rolland
- Power of attorney, David Muylaert
- Power of attorney, Albert Smulders
- Power of attorney, Gunter Sannen
- Power of attorney, Patrick Maes
- Power of attorney, Benny Loots
- +42 further facts in this act
2015
05-08
State Gazette act
Statutes amendmentBoard composition · Power of attorney58 facts ▸
State Gazette act
Statutes amendment
Board composition · Power of attorney58 facts ▸
- Board meeting, 12-09-2015
- Board composition, Raf Iemants (managing director)
- Board composition, Yves-Eric Francois (director)
- Board composition, Stéphane Abry (director)
- Power of attorney, Raf Iemants
- Power of attorney, Yves-Eric Francois
- Power of attorney, Stéphane Abry
- Power of attorney, Alain Comier
- Power of attorney, Albert Smulders
- Power of attorney, Gunter Sannen
- Power of attorney, Patrick Maes
- Power of attorney, Benny Loots
- +46 further facts in this act
15-07
State Gazette act
Resignation: Yves-Eric FRANCOIS (director)Appointment: Hervé ROLLAND (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Yves-Eric FRANCOIS (director)
Appointment: Hervé ROLLAND (director) · Mandate compensation4 facts ▸
- General meeting, 19-06-2015
- Director resignation, Yves-Eric FRANCOIS (director)
- Director appointment, Hervé ROLLAND (director)
- Mandate compensation, Hervé ROLLAND
27-05
State Gazette act
Appointments: Raf IEMANTS, Antoine BRESOLIN and Yves-Eric FRANCOIS6 facts ▸
State Gazette act
Appointments: Raf IEMANTS, Antoine BRESOLIN and Yves-Eric FRANCOIS
6 facts ▸
- General meeting, 04-05-2015
- Director appointment, Raf IEMANTS (director)
- Director appointment, Antoine BRESOLIN (director)
- Director appointment, Yves-Eric FRANCOIS (director)
- Board meeting, 04-05-2015
- Director appointment, Raf IEMANTS (managing director)
2014
23-10
State Gazette act
Resignation: Jacques Huillard (director)Appointment: Yves-Eric Francois (director) · Mandate compensation4 facts ▸
State Gazette act
Resignation: Jacques Huillard (director)
Appointment: Yves-Eric Francois (director) · Mandate compensation4 facts ▸
- General meeting, 11-09-2014
- Director resignation, Jacques Huillard (director)
- Director appointment, Yves-Eric Francois (director)
- Mandate compensation, Yves-Eric Francois
2013
21-10
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment5 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital · Statutes amendment5 facts ▸
- General meeting, 24-09-2013
- Capital increase, €6.500.000
- Capital, €11.460.000
- Statutes amendment
- Power of attorney, DLA Piper UK LLP
10-10
State Gazette act
Resignations: Albertus Smulders, Gunter Sannen and Patrick MaesAppointments: Jacques Huillard (director) and Stéphane Abry (director) · Mandate compensation11 facts ▸
State Gazette act
Resignations: Albertus Smulders, Gunter Sannen and Patrick Maes
Appointments: Jacques Huillard (director) and Stéphane Abry (director) · Mandate compensation11 facts ▸
- General meeting, 25-09-2013
- Director resignation, Albertus Smulders (director)
- Director resignation, Gunter Sannen (director)
- Director resignation, Patrick Maes (director)
- Director appointment, Jacques Huillard (director)
- Director appointment, Stéphane Abry (director)
- Mandate compensation, Jacques Huillard
- Mandate compensation, Stéphane Abry
- Board composition, Jacques Huillard (director)
- Board composition, Stéphane Abry (director)
- Board composition, Raf Iemants (director)
02-09
State Gazette act
Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor)Permanent representative: Peter Van den Eynde · Resignation: Leon VERWEIJ (director) · No replacement6 facts ▸
State Gazette act
Appointment: BCVBA PwC Bedrijfsrevisoren (statutory auditor)
Permanent representative: Peter Van den Eynde · Resignation: Leon VERWEIJ (director) · No replacement6 facts ▸
- General meeting, 16-05-2013
- Auditor appointment, BCVBA PwC Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Peter Van den Eynde
- General meeting, 16-08-2013
- Director resignation, Leon VERWEIJ (director)
- No replacement, bestuurder, unanimous
2012
02-07
State Gazette act
Resignations: Geert Smulders, Roelof Molenaar and 4 othersAppointments: Albert Smulders, Raf Iemants and 3 others13 facts ▸
State Gazette act
Resignations: Geert Smulders, Roelof Molenaar and 4 others
Appointments: Albert Smulders, Raf Iemants and 3 others13 facts ▸
- General meeting, 14-06-2012
- Director resignation, Geert Smulders (director)
- Director resignation, Roelof Molenaar (director)
- Director resignation, Raf Iemants (director)
- Director resignation, Patrick Maes (director)
- Director resignation, Albert Smulders (director)
- Director resignation, Smulders Groep Holdco bv (director)
- Director appointment, Albert Smulders (director)
- Director appointment, Raf Iemants (director)
- Director appointment, Patrick Maes (director)
- Director appointment, Leon Verweij (director)
- Director appointment, Gunter Sannen (director)
- +1 further facts in this act
2011
30-11
State Gazette act
Capital & sharesGeneral meeting1 fact ▸
State Gazette act
Capital & shares
General meeting1 fact ▸
- General meeting, 08-11-2011
02-03
State Gazette act
Appointments: Roelof Molenaar (director) and PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)Resignation: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor) · Permanent representative: Peter Van den Eynde · Mandate term8 facts ▸
State Gazette act
Appointments: Roelof Molenaar (director) and PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)
Resignation: Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor) · Permanent representative: Peter Van den Eynde · Mandate term8 facts ▸
- General meeting, 21-05-2010
- Director appointment, Roelof Molenaar (director)
- General meeting, 17-12-2010
- Director resignation, Ernst & Young Bedrijfsrevisoren BV CVBA (statutory auditor)
- Auditor appointment, PricewaterhouseCoopers Bedrijfsrevisoren BV CVBA (statutory auditor)
- Permanent representative, Peter Van den Eynde
- Mandate term, tot de algemene vergadering die de jaarrekening per 31 december 2012 goedkeurt
- Power of attorney, BVBA Peter Van den Eynde
2010
27-04
State Gazette act
Statutes amendment2 facts ▸
State Gazette act
Statutes amendment
2 facts ▸
- General meeting, 13-04-2010
- Statutes amendment
23-04
State Gazette act
Capital & sharesControl change2 facts ▸
State Gazette act
Capital & shares
Control change2 facts ▸
- General meeting, 01-04-2010
- Control change, wijziging van controle
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
23 of 23 acts read
Directors · office · real estate
Directors
6 directors, 1 in day-to-day management, no change since 2025
Board 6
Muylaert Frederik Maria David
CurrentChair of the board · since 09-12-2025 · Director · since 09-12-2025
Raf Iemants
CurrentDirector · since 14-06-2012
Antoine Vanheuverswyn
CurrentDirector · since 29-05-2019
Guillaume Sauvé
CurrentDirector · since 19-05-2020
Loots August Benjamin
CurrentDirector · since 09-12-2025
SANNEN Gunter Elisabeth Jos
CurrentDirector · since 09-12-2025
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Albert Smulders
Not recently confirmedDirector · since 14-06-2012
Stéphane Abry
Not recently confirmedDirector · since 26-09-2013
Day-to-day management 1
Muylaert Frederik Maria David
CurrentManaging director · since 09-12-2025
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Raf Iemants
Not recently confirmedManaging director · since 14-06-2012
Statutory auditor 1
Forvis Mazars Réviseurs d’Entreprises
CurrentStatutory auditor · since 29-05-2019
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Arendonk · 1 establishment unit since 1995
Ground area
8.2 ha
Building footprint
3.2 ha
Volume, LiDAR
316,798 m³
Parcel 13322C0040/03F000, Flanders · tallest building 23.1 m, ±3 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 establishment unit
Iemants
since 19952.074.182.177
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322C0040/03F000 | Flanders | 8.2 ha | 1 · 3.2 ha | 23.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
24 people since 2010, 9 in office
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Raf Iemants |
|
| SANNEN Gunter Elisabeth Jos |
|
| Antoine Vanheuverswyn |
|
| Guillaume Sauvé |
|
| Loots August Benjamin |
|
| Muylaert Frederik Maria David |
|
| Forvis Mazars Réviseurs d’Entreprises |
|
| Albert Smulders |
|
| Stéphane Abry |
|
| Rafaël Aloysius M lemants |
|
| Sauvé Martin Bernard Guillaume |
|
| Vanheuverswyn François Marie Joël Antoine |
|
| ANTOINE BRESOLIN |
|
| Hervé ROLLAND |
|
| PWC Bedrijfsrevisoren BCVBA |
|
| Yves-Eric FRANCOIS |
|
| Jacques Huillard |
|
| Albertus Smulders |
|
| Patrick Maes |
|
| Leon VERWEIJ |
|
| Geert Smulders |
|
| Roelof Molenaar |
|
| Smulders Groep Holdco bv |
|
| Ernst & Young Bedrijfsrevisoren BV CVBA |
|
Structure & network
Owners and holdings
2 owners · 4 holdingsChain of control
- SMULDERS GROUP
- IEMANTS
Highest known parent: SMULDERS GROUP. The sources do not say who stands above it.
Owners 2
- SMULDERS GROUPparent99.5%
-
0.5%
Holdings 4
-
100%
-
99.8%
- ANGUS CONSULTANTS ENGINEERING Pvt. LtdINsubsidiarySourceown accounts 2025Equity INR 280.1mResult INR 15.4m51%
-
0%
According to the 2025 annual accounts of IEMANTS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
2 connected companiesThe connected companies are in the list below.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
BOOMBEKE
via SANNEN Gunter Elisabeth Jos · Director
→
SMULDERS PROJECTS BELGIUM
via SANNEN Gunter Elisabeth Jos · Director
→
Capital and shareholders
Capital over the years
- 21-10-2013 Capital increase of 6,500,000 EUR · to 11,460,000 EUR · 1 new share · in kind
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 391,561 EUR awarded · 314,968 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 34,375 EUR | 95,620 EUR |
| 2024 | 1 | 15,417 EUR | 15,417 EUR |
| 2023 | 2 | 32,110 EUR | 110,110 EUR |
| 2022 | 3 | 309,659 EUR | 93,821 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesIEMANTS NV26967
Dual-learning approval
5 live approvals · 8 endedHoeknaadlasser duaal (so)
Hoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Show 8 ended approvals
Lasser MIG/MAG (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Pijplasser (so)
Lassen-constructie duaal (so)
Lasser beklede elektrode (so)
Lasser MIG/MAG (so)
Pijplasser (so)
Legal Entity Identifier
967600BJ380XMXJRZQ10
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded24-11-1995
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43320Joinery installation
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456528520
Also
9925:BE0456528520
Registered
20-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.