Financials
Financial year 2025
IEMANTS from Arendonk, company number BE0456528520, closed financial year 2025 with a result of € 40 million after tax. For that financial year IEMANTS recorded revenue of € 555.1 million and equity of € 70 million. Compared with financial year 2024, the result moved from € 10.2 million to € 40 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 6, 2026.
€ 70 million
▲ 100% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40 million
▲ 292% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
13 % of the profit went to the shareholders, mostly to SMULDERS GROUP (100 % of the shares). That is where the money ends up.
People and assets in 2025
506.5
▲ 54.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 52.5 million
▲ 13% vs 2024
€ 103,700 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.
€ 1.8 million
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 123.3 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 92 days on average.
€ 18.1 million
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 168,261,354 | € 277,424,936 | € 404,829,121 | € 555,106,894 | ▲ 37% |
| Profit after taxes | € -8,008,828 | € 6,356,583 | € 10,186,394 | € 39,968,448 | ▲ 292% |
| Equity | € 18,471,859 | € 24,828,442 | € 35,014,836 | € 69,983,284 | ▲ 100% |
| Total debts | € 104,278,918 | € 205,982,066 | € 247,632,969 | € 355,392,182 | ▲ 44% |
| Cash | € 15,586,848 | € 21,324,495 | € 984,143 | € 1,017,928 | ▲ 3% |
| Land & buildings | € 5,312,537 | € 5,135,590 | € 4,690,872 | € 5,723,134 | ▲ 22% |
| Retained profit | € 7,011,859 | € 13,368,442 | € 23,554,836 | € 58,523,284 | ▲ 148% |
| Dividend | € 0 | € 0 | € 0 | € 5,000,000 | |
| Balance sheet total | € 135,760,802 | € 247,695,955 | € 301,140,538 | € 447,515,641 | ▲ 49% |
| Employees (FTE) | 389.4 | 416.1 | 452.3 | 506.5 | ▲ 54.2 |
Key figures of IEMANTS, 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 IEMANTS?
What happened at IEMANTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- David MUYLAERT stepped down as director. NBB
- Gunter SANNEN stepped down as director. NBB
- Benny LOOTS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 40 million (▲ 292% vs 2024). filed late Source: NBB ↗
- Rafaël IEMANTS stepped down as director. NBB
- David MUYLAERT became a director. NBB
- Guillaume SAUVE stepped down as director. NBB
- Gunter SANNEN became a director. NBB
In short
From € 8 million loss in 2022 to € 40 million profit in 2025.
Paid € 19.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 40 million profit.
Paid out € 5 million in dividends to the owners in total.
Management
The stake of SMULDERS GROUP, Lonete B.V. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IEMANTSThe shares are held by SMULDERS GROUP (99.5%) and Lonete B.V. (0.5%). It owns 100% of IEMANTS FRANCE, 99.8% of WILLEMS STAALCONSTRUCTIE, 51% of ANGUS CONSULTANTS ENGINEERING Pvt. Ltd and 0% of LONETE B.V. itself.
Directors
According to the 2025 annual accounts
Rafaël IEMANTS
Managing director
Also active at: IEMANTS RAF PROJECTBEGELEIDING, Lonete B.V., SMULDERS GROUP, WILLEMS STAALCONSTRUCTIES, HOOLST
since 1999 · until 2025
David MUYLAERT
Managing director
Also active at: Lonete B.V., SMULDERS GROUP, DM Management, BOOMBEKE, SMULDERS PROJECTS BELGIUM, WILLEMS STAALCONSTRUCTIES, HOOLST
since 2025 · until 2027
Guillaume SAUVE
Director
Also active at: SMULDERS GROUP, SMULDERS PROJECTS BELGIUM, WILLEMS STAALCONSTRUCTIES
since 2020 · until 2025
Gunter SANNEN
Director
Also active at: L. SACCOL, SACCOL EN VAN LOOY VASTGOED, Lonete B.V., DE MIJN, SMULDERS GROUP, BOOMBEKE, Antwerp pontoon services, SMULDERS PROJECTS BELGIUM +2 more
since 2025 · until 2027
Benny LOOTS
Director
since 2025 · until 2027
since 2019 · until 2025
Shareholders
99.5%
0.5%
Participations
IEMANTS FRANCE
100%
99.8%
ANGUS CONSULTANTS ENGINEERING Pvt. Ltd
51%
0%
Establishments
Establishment units
Physical locations of this company
Hoge Mauw 200
2370 Arendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →Lonete B.V. same network
€ 611,243 gross margin · 2025
SMULDERS GROUP same network
€ 644,630 revenue · 2025
THV IEMANTS - JAN DE NUL
JV Iemants - Eiffage Métal - Project "Deutsche Bucht"
T.H.V. Thornton
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0456.528.520
- VAT number
- BE 0456.528.520
- Registered office
- Hoge Mauw 200, 2370 Arendonk
- Names & denominations
- IEMANTS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 November 1995
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan
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