ACTIVE

IEMANTS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

40 M €

+292.4% YoY

Revenue

555,1 M €

+37.1% YoY

Equity

70 M €

+99.9% YoY

Workforce

506,5 ETP

+12.0% YoY

What does IEMANTS do?

IEMANTS is a Public limited company incorporated in 1995. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Arendonk. It employs on average 506,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0456.528.520

Incorporation

24/11/1995

Legal form

Public limited company

Registered office

Hoge Mauw 200
2370 Arendonk · FlandreSee on map

Contributed capital

11 460 000,00 €

Latest accounts

31/12/2025

Average workforce

506,5 ETP

Activities (NACE)

25110Manufacture of metal structures and parts of structures· main 25110Manufacture of metal structures and parts of structures 28110Manufacture of engines and turbines, except aircraft, vehicle and cycle engines 43320Joinery installation 43320Joinery installation 43341Painting and glazing+3

Joint committees (4)

111
1110
209
2090

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	555,1 M €	+37.1%	404,8 M €	+45.9%	277,4 M €	+64.9%	168,3 M €	-14.3%	196,3 M €	+42.2%	138 M €	-18.3%	169 M €	+15.0%	147 M €	-35.1%	226,6 M €	+18.5%	191,3 M €	+6.0%	180,5 M €	+20.1%	150,3 M €	+4.7%	143,6 M €	+75.7%	81,8 M €	-26.9%	111,8 M €	+10.4%	101,3 M €	-11.5%	114,5 M €	+14.0%	100,4 M €	+28.1%	78,4 M €	+37.1%	57,2 M €
EBITDA	51 M €	+290%	13,1 M €	+0.5%	13 M €	+258%	3,6 M €	-52.4%	7,6 M €	+21.5%	6,3 M €	+326%	-2,8 M €	-143%	6,5 M €	-61.8%	16,9 M €	+130%	7,4 M €	+277%	2 M €	-21.8%	2,5 M €	+229%	-1,9 M €	+73.4%	-7,3 M €	-230%	5,6 M €	-15.6%	6,7 M €	+101%	3,3 M €	-31.9%	4,9 M €	+55.2%	3,1 M €	+6.5%	2,9 M €
Operating result	44,9 M €	+415%	8,7 M €	+41.6%	6,2 M €	+180%	-7,7 M €	-298%	3,9 M €	+12.6%	3,5 M €	+166%	-5,2 M €	-216%	4,5 M €	-65.3%	13 M €	+121%	5,9 M €	+782%	665,5 k €	-53.5%	1,4 M €	+145%	-3,2 M €	+60.3%	-8 M €	-432%	2,4 M €	-51.9%	5 M €	+209%	1,6 M €	-51.0%	3,3 M €	+71.5%	1,9 M €	-2.9%	2 M €
Net result	40 M €	+292%	10,2 M €	+60.2%	6,4 M €	+179%	-8 M €	-431%	2,4 M €	-17.8%	2,9 M €	+163%	-4,7 M €	-268%	2,8 M €	-74.8%	11,1 M €	+92.2%	5,8 M €	+1649%	329,4 k €	-71.2%	1,1 M €	+125%	-4,6 M €	+23.8%	-6 M €	-25.2%	-4,8 M €	-280%	2,7 M €	+210%	860,7 k €	-53.7%	1,9 M €	+72.2%	1,1 M €	-22.5%	1,4 M €
Balance sheet
Equity	70 M €	+99.9%	35 M €	+41.0%	24,8 M €	+34.4%	18,5 M €	-30.2%	26,5 M €	+10.0%	24,1 M €	+13.9%	21,1 M €	-18.2%	25,8 M €	+12.1%	23 M €	+92.6%	12 M €	+93.0%	6,2 M €	+5.6%	5,9 M €	+24.3%	4,7 M €	+68.8%	2,8 M €	-68.2%	8,8 M €	-35.3%	13,6 M €	+24.4%	10,9 M €	+8.5%	10,1 M €	+22.6%	8,2 M €	+15.1%	7,1 M €
Total assets	447,5 M €	+48.6%	301,1 M €	+21.6%	247,7 M €	+82.5%	135,8 M €	+65.9%	81,8 M €	-24.2%	107,9 M €	+41.4%	76,3 M €	+11.5%	68,4 M €	-23.9%	89,9 M €	+35.7%	66,2 M €	+50.4%	44,1 M €	-37.2%	70,2 M €	+18.3%	59,3 M €	+31.8%	45 M €	-19.5%	55,9 M €	+17.9%	47,4 M €	+11.8%	42,4 M €	+6.1%	40 M €	+40.6%	28,4 M €	+24.7%	22,8 M €
Cash	1 M €	+3.4%	984,1 k €	-95.4%	21,3 M €	+36.8%	15,6 M €	+12.5%	13,9 M €	-68.1%	43,4 M €	+114%	20,3 M €	+36.2%	14,9 M €	+62.9%	9,1 M €	-38.7%	14,9 M €	+235%	4,4 M €	-36.2%	7 M €	-0.1%	7 M €	+428%	1,3 M €	+217%	416,9 k €	+6.7%	390,7 k €	+270%	105,6 k €	-65.9%	309,6 k €	+17.0%	264,6 k €	+153%	104,4 k €
Debts	351,7 M €	+43.9%	244,4 M €	+19.4%	204,7 M €	+98.8%	103 M €	+105%	50,3 M €	-36.5%	79,2 M €	+66.5%	47,6 M €	+33.3%	35,7 M €	-36.8%	56,5 M €	+22.2%	46,2 M €	+56.1%	29,6 M €	-48.0%	56,9 M €	+28.6%	44,3 M €	+17.1%	37,8 M €	-5.8%	40,1 M €	+21.4%	33,1 M €	+8.9%	30,4 M €	+4.7%	29 M €	+49.5%	19,4 M €	+32.2%	14,7 M €
Other
Workforce	506,5 ETP	+12.0%	452,3 ETP	+8.7%	416,1 ETP	+6.9%	389,4 ETP	-0.4%	391,1 ETP	+3.2%	378,9 ETP	+3.1%	367,6 ETP	+0.4%	366,0 ETP	+0.2%	365,3 ETP	+2.7%	355,8 ETP	+3.7%	343,1 ETP	+9.0%	314,9 ETP	+6.0%	297,1 ETP	+2.7%	289,2 ETP	+4.3%	277,2 ETP	+1.2%	273,8 ETP	+2.0%	268,3 ETP	+8.1%	248,2 ETP	+4.7%	237,0 ETP	+11.5%	212,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 48 ended

Active mandates

Benny LOOTS

Director · since 09 décembre 2025 · until 21 mai 2027

Active

David MUYLAERT

Managing director · since 09 décembre 2025 · until 21 mai 2027

Active

Gunter SANNEN

Director · since 09 décembre 2025 · until 21 mai 2027

Active

Guillaume SAUVE

Director · since 19 mai 2020 · until 09 décembre 2025

Active

Antoine VANHEUVERSWYN

Director · since 29 mai 2019 · until 09 décembre 2025

Active

Rafaël IEMANTS

Managing director · since 01 décembre 1999 · until 09 décembre 2025

Active

Ended mandates

Guillaume Sauve

Director · since 19 mai 2020 · until 07 mai 2021

Ended

Antoine Vanheuverswyn

Director · since 29 mai 2019 · until 07 mai 2021

Ended

Antoine Vanheuverswyn

Director · since 29 mai 2019 · until 21 mai 2021

Ended

Hervé Rolland

Director · since 19 juin 2015 · until 29 mai 2019

Ended

At this address

Other companies at this address

Company	CBE no.
JV Iemants - Eiffage Métal - Project "Deutsche Bucht"● Active	0678.776.702
Lonete B.V.● Active	0461.919.344
SMULDERS GROUP● Active	0533.835.144
SMULDERS PROJECTS BELGIUM● Active	0865.525.060
THV IEMANTS - JAN DE NUL● Active	0666.845.603
T.H.V. Teesside● Active	0845.587.206
T.H.V. Thornton● Active	0845.585.622

Annual accounts

Full financial information

	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	06/08/2026	28/06/2025	27/06/2024	06/06/2023	03/06/2022	27/05/2021
General meeting	04/05/2026	09/05/2025	03/05/2024	05/05/2023	06/05/2022	07/05/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/05/2026	06/08/2026	Dutch	PDF
Full model	31/12/2024	09/05/2025	28/06/2025	Dutch	PDF
Full model	31/12/2023	03/05/2024	27/06/2024	Dutch	PDF
Full model	31/12/2022	05/05/2023	06/06/2023	Dutch	PDF
Full model	31/12/2021	06/05/2022	03/06/2022	Dutch	PDF
Full model	31/12/2020	07/05/2021	27/05/2021	Dutch	PDF
Full model	31/12/2019	04/05/2020	09/06/2020	Dutch	PDF
Full model	31/12/2018	03/05/2019	27/05/2019	Dutch	PDF
Full model	31/12/2017	04/05/2018	04/06/2018	Dutch	PDF
Full model	31/12/2016	05/05/2017	23/05/2017	Dutch	PDF
Full model	31/12/2015	02/05/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	04/05/2015	21/05/2015	Dutch	PDF
Full model	31/12/2013	20/05/2014	04/06/2014	Dutch	PDF
Full model	31/12/2012	16/05/2013	25/05/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	11/07/2012	Dutch	PDF
Full model	31/12/2010	20/05/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	21/05/2010	29/06/2010	Dutch	PDF
Full model	31/12/2008	15/05/2009	08/06/2009	Dutch	PDF
Full model	31/12/2007	16/05/2008	05/06/2008	Dutch	PDF
Full model	31/12/2006	29/05/2007	13/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 48 ended

Active mandates

Benny LOOTS

Director · since 09 décembre 2025 · until 21 mai 2027

Active

David MUYLAERT

Managing director · since 09 décembre 2025 · until 21 mai 2027

Active

Gunter SANNEN

Director · since 09 décembre 2025 · until 21 mai 2027

Active

Guillaume SAUVE

Director · since 19 mai 2020 · until 09 décembre 2025

Active

Antoine VANHEUVERSWYN

Director · since 29 mai 2019 · until 09 décembre 2025

Active

Rafaël IEMANTS

Managing director · since 01 décembre 1999 · until 09 décembre 2025

Active

Ended mandates

Guillaume Sauve

Director · since 19 mai 2020 · until 07 mai 2021

Ended

Antoine Vanheuverswyn

Director · since 29 mai 2019 · until 07 mai 2021

Ended

Antoine Vanheuverswyn

Director · since 29 mai 2019 · until 21 mai 2021

Ended

Hervé Rolland

Director · since 19 juin 2015 · until 29 mai 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other27/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2019
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 202540 M €↑
09/12/2025
nominationMuylaert Frederik Maria David — bestuurder
09/12/2025
nominationSannen Elisabeth Jos Gunter — bestuurder
09/12/2025
nominationLoots August Benjamin — bestuurder
09/12/2025
nominationDavid Frederik M Muylaert — voorzitter van de Raad van Bestuur en gedelegeerd bestuurder
09/05/2025
nominationBV FORVIS MAZARS Bedrijfsrevisoren — commissaris
2024
Annual accounts 202410,2 M €↑
2023
Annual accounts 20236,4 M €↑
2022
Annual accounts 2022-8 M €↓
06/05/2022
nominationBV Mazars Bedrijfsrevisoren — commissaris
2021
Annual accounts 20212,4 M €↓
2020
Annual accounts 20202,9 M €↑
2019
Annual accounts 2019-4,7 M €↓
2018
Annual accounts 20182,8 M €↓
2017
Annual accounts 201711,1 M €↑
2016
Annual accounts 20165,8 M €↑
2015
Annual accounts 2015329,4 k €↓
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 2013-4,6 M €↑
2012
Annual accounts 2012-6 M €↓
2011
Annual accounts 2011-4,8 M €↓
2010
Annual accounts 20102,7 M €↑
2009
Annual accounts 2009860,7 k €↓
2008
Annual accounts 20081,9 M €↑
2007
Annual accounts 20071,1 M €↓
2006
Annual accounts 20061,4 M €
24/11/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IEMANTS

Overview

What does IEMANTS do?

Trend over 20 financial years

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