What does IEM Power Systems do?

IEM Power Systems is an engineering firm in Herve. Public Limited, started on 4 February 2014, 1 establishment.

What is the address of IEM Power Systems?

The registered office of IEM Power Systems is located at Cour Lemaire 16, 4651 Herve.

Is IEM Power Systems still active?

Yes. According to the CBE (30 October 2026) IEM Power Systems is active, legal situation “Normale toestand”, started on 4 February 2014.

Is IEM Power Systems registered on Peppol?

Yes, IEM Power Systems is registered on the Peppol network with ID 0208:0544995092.

What is the enterprise number of IEM Power Systems?

The enterprise number of IEM Power Systems is BE0544995092.

When was IEM Power Systems founded?

IEM Power Systems was founded on 4 February 2014.

Who are the directors of IEM Power Systems?

According to the 2025 annual accounts, the directors of IEM Power Systems are: Cédric Serruys, Matthew Clayton Such, Douglas Kristensen, Jean-Marc Eloy.

Is IEM Power Systems a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 4 February 2014; 5 annual accounts filed, latest fiscal year 2025; 4 directors known from the annual account.

How much profit did IEM Power Systems make in 2025?

IEM Power Systems recorded a loss after taxes of € 236,044 in financial year 2025.

What is the revenue of IEM Power Systems?

As a small company, IEM Power Systems is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,556,481.

How much does an employee at IEM Power Systems earn?

The average wage cost per full-time employee at IEM Power Systems was € 112,100 in 2025: staff costs of € 1.5 million for 13.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IEM Power Systems have?

According to the 2025 annual accounts, IEM Power Systems has 13.3 full-time equivalents (FTE).

Does IEM Power Systems have a website?

Yes, IEM Power Systems has a website at iemps.eu.

IEM Power Systems (Public Limited) - Herve - BE0544995092

Dossier IEM Power Systems, printed on 30 October 2026 from databakkes.be/en/0544995092/iem-power-systems. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IEM Power Systems from Herve, company number BE0544995092, closed financial year 2025 with a result of € -236,044 after tax. For that financial year IEM Power Systems recorded a gross margin of € 1.6 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 1.3 million to € -236,044. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2026.

What it is worth Healthy

€ 1.3 million

▼ 18% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -236,044

▼ still € 1.3 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2 million

▲ 8% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -151,054.

People and assets in 2025

Full-time equivalents

13.3

▼ 0.1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 1.5 million

▲ 1% vs 2024

€ 112,100 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.

Vehicles and equipment

€ 8,881

▼ 40% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 108 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.6 million

▲ 2% vs 2024

€ 33,757 is repaid this year. At this pace the long-term loan is gone in ≈ 108 years.

Owed to suppliers

€ 273,532

▲ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 234,811

▲ 3% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 743,594 Gross margin 2022: € 743,594 First fiscal year in the series	€ 1,344,736 Gross margin 2023: € 1,344,736 ▲ 81% vs 2022 (€ 743,594) Favourable step	€ 3,070,488 Gross margin 2024: € 3,070,488 ▲ 128% vs 2023 (€ 1,344,736) Favourable step	€ 1,556,481 Gross margin 2025: € 1,556,481 ▼ 49% vs 2024 (€ 3,070,488) Unfavourable step	▼ 49%
Profit after taxes	€ -856,605 Profit after taxes 2022: € -856,605 First fiscal year in the series	€ -396,435 Profit after taxes 2023: € -396,435 ▲ € 460,170 vs 2022 (€ -856,605) Favourable step	€ 1,299,858 Profit after taxes 2024: € 1,299,858 ▲ € 1.7 million vs 2023 (€ -396,435) Favourable step	€ -236,044 Profit after taxes 2025: € -236,044 ▼ € 1.5 million vs 2024 (€ 1,299,858) Unfavourable step	▼ € 1.5 million
Equity	€ 799,779 Equity 2022: € 799,779 First fiscal year in the series	€ 355,163 Equity 2023: € 355,163 ▼ 56% vs 2022 (€ 799,779) Unfavourable step	€ 1,607,080 Equity 2024: € 1,607,080 ▲ € 1.3 million vs 2023 (€ 355,163) Favourable step	€ 1,323,369 Equity 2025: € 1,323,369 ▼ 18% vs 2024 (€ 1,607,080) Unfavourable step	▼ 18%
Total debts	€ 3,241,529 Total debts 2022: € 3,241,529 First fiscal year in the series	€ 6,043,841 Total debts 2023: € 6,043,841 ▲ 86% vs 2022 (€ 3,241,529) Unfavourable step	€ 7,628,933 Total debts 2024: € 7,628,933 ▲ 26% vs 2023 (€ 6,043,841) Unfavourable step	€ 4,951,008 Total debts 2025: € 4,951,008 ▼ 35% vs 2024 (€ 7,628,933) Favourable step	▼ 35%
Cash	€ 900,755 Cash 2022: € 900,755 First fiscal year in the series	€ 1,159,986 Cash 2023: € 1,159,986 ▲ 29% vs 2022 (€ 900,755) Favourable step	€ 1,887,141 Cash 2024: € 1,887,141 ▲ 63% vs 2023 (€ 1,159,986) Favourable step	€ 2,044,247 Cash 2025: € 2,044,247 ▲ 8% vs 2024 (€ 1,887,141) Favourable step	▲ 8%
Land & buildings	€ 588,901 Land & buildings 2022: € 588,901 First fiscal year in the series	€ 557,522 Land & buildings 2023: € 557,522 ▼ 5% vs 2022 (€ 588,901) Unchanged	€ 1,211,960 Land & buildings 2024: € 1,211,960 ▲ 117% vs 2023 (€ 557,522) Unchanged	€ 1,174,638 Land & buildings 2025: € 1,174,638 ▼ 3% vs 2024 (€ 1,211,960) Unchanged	▼ 3%
Retained profit	€ -818,433 Retained profit 2022: € -818,433 First fiscal year in the series	€ -1,214,868 Retained profit 2023: € -1,214,868 ▼ € 396,435 vs 2022 (€ -818,433) Unfavourable step	€ 84,990 Retained profit 2024: € 84,990 ▲ € 1.3 million vs 2023 (€ -1,214,868) Favourable step	€ -151,054 Retained profit 2025: € -151,054 ▼ € 236,044 vs 2024 (€ 84,990) Unfavourable step	▼ € 236,044
Bank debt	€ 2,369,528 Bank debt 2022: € 2,369,528 First fiscal year in the series	€ 2,840,895 Bank debt 2023: € 2,840,895 ▲ 20% vs 2022 (€ 2,369,528) Unfavourable step	€ 3,583,763 Bank debt 2024: € 3,583,763 ▲ 26% vs 2023 (€ 2,840,895) Unfavourable step	€ 3,639,187 Bank debt 2025: € 3,639,187 ▲ 2% vs 2024 (€ 3,583,763) Unfavourable step	▲ 2%
Balance sheet total	€ 4,047,392 Balance sheet total 2022: € 4,047,392 First fiscal year in the series	€ 6,403,188 Balance sheet total 2023: € 6,403,188 ▲ 58% vs 2022 (€ 4,047,392) Unchanged	€ 9,250,620 Balance sheet total 2024: € 9,250,620 ▲ 44% vs 2023 (€ 6,403,188) Unchanged	€ 6,292,085 Balance sheet total 2025: € 6,292,085 ▼ 32% vs 2024 (€ 9,250,620) Unchanged	▼ 32%
Employees (FTE)	13.7 Employees (FTE) 2022: 13.7 First fiscal year in the series	13.6 Employees (FTE) 2023: 13.6 ▼ 0.1 vs 2022 (13.7) Unchanged	13.4 Employees (FTE) 2024: 13.4 ▼ 0.2 vs 2023 (13.6) Unchanged	13.3 Employees (FTE) 2025: 13.3 ▼ 0.1 vs 2024 (13.4) Unchanged	▼ 0.1

Key figures of IEM Power Systems, 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 IEM Power Systems?

What happened at IEM Power Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Matthew Clayton Such stepped down as director. NBB
2031 Jean-Marc Eloy stepped down as director. NBB
2030 Cédric Serruys stepped down as director. NBB
Jun 12, 2026 New annual accounts for financial year 2025: loss of € 236,044 (▼ € 1.5 million vs 2024). Source: NBB ↗
2026 Douglas Kristensen stepped down as director. NBB
2024 Cédric Serruys became a director. NBB
2017 Douglas Kristensen became a director. NBB
Feb 17, 2014 New establishment in Herve. KBO

In short

From € 856,605 loss in 2022 to € 236,044 loss in 2025.

Paid € 7,904 in corporate taxes since 2022.

Best year ever: 2024, with € 1.3 million profit.

On average € 117,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Cédric Serruys

Director

since 2024 · until 2030

Matthew Clayton Such

Chairman of the board

since 2014 · until 2031

Douglas Kristensen

Managing director

since 2017 · until 2026

Jean-Marc Eloy

Managing director

Also active at: KS RESEARCH

since 2014 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Cour Lemaire 16

4651 Herve

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

KS RESEARCH same network

€ 10,117 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTP iemps.eu

Canonical: https://www.iemps.com/

About

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

GANDI-AS Domain name registrar - www.gandi.net, FR

Domain

iemps.eu

Registrar

GANDI

Website info

HTTPS Nee

Languages EN

Features

Blog Jobs Contact page

Security

✗ HTTPS

✓ SPF

✓ DMARC

Details

Company number

0544.995.092

VAT number

BE 0544.995.092

Registered office

Cour Lemaire 16, 4651 Herve

Names & denominations

IEM Power Systems

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

4 February 2014

Peppol

Active · Active since 2 Oct 2025

Contact