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IEMANTS

Active
Public limited companyfounded 1995active for 30 yearsHoge Mauw 200, 2370 Arendonk, BelgiumKBO/BCE: BE 0456.528.520
Summary

IEMANTS has been active since 1995 and the Belgian Official 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 about 9.9% per year across the filed financial years. Its solvency ranks better than 13% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
IEMANTSActiveChecked score 69/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
Largest employer in Arendonk1 site
Size
€555.1mturnover 2025
Staff
506.5 FTE
Equity
€70.0m
Profit
€40.0m
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Parent
SMULDERS GROUP · 99.5%
Board
6 members
Holdings
4
Auditor: Forvis Mazars Réviseurs d’Entreprises2025 accounts filed 6 days late
Why 69raises riskLiquidity: current ratio 1.24, cash €1.0mEquity €70.0m (15.6% of total assets)Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1995Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 49% of its sector peers (all companies)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 41+4
equity 15.6% of total assets
Liquidity 7+1
short-term debt 78.6% · cash 0.2%
Profitability 71+12
return on assets 8.9%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (22 companies, NACE 25, large)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025lowest value 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.5 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.8%▼ -0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -0.7 percentage points vs 08-2026 10-2026: 0.7%▼ -0.1 percentage points vs 09-2026
Credit of up to €4,800,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.24, compared with 1.18 in 2024, below the usual 1.5; short-term debt: 78.6% and cash: 0.2% of total assets), and 84.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 26% on solvency, 6% on liquidity, 68% on profitability and 95% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.24, cash €1.0m
NBB · annual accounts
raises risk · Equity €70.0m (15.6% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Founded in 1995
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 826 sector peers (2025).
NBB · sector comparison
Position among 826 sector peers
Solvency
better than 13%
← 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: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
6 days late
2024
33 days early
2023
34 days early
2022
55 days early
2021
58 days early
2020
65 days early
2019
52 days 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 (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Sauvé Martin Bernard Guillaume, Vanheuverswyn…Appointments: Muylaert Frederik Maria David…
  3. Highest result from 2018 to 2025net €40.0m ▲292%

Key points

  • Positive: Result rose in 2025from €10.2m to €40.0m ▲ 292% View
  • Positive: Largest employer in Arendonkin the Checked rankings No. 1 View
  • Board changedlatest change 19-01-2026 · 6 in office 3 joined · 3 left View
  • Controlled by SMULDERS GROUPultimately: EIFFAGE SA 99.5% View
  • Positive: 3 years of growth in a rowturnover 2025: €555.1m 3 years View
  • Flemish supportawarded from 2022 to 2025 €391,561 View

By topic

Financials

Financial year
2025
Turnover
€555.1m
Profit
€40.0m
Solvency
15.6%
Turnover▲ 37.1%
Net result
20182025
Go to Financials

Board & ownership

Board
6 members
Parent
SMULDERS GROUP · 99.5%
Auditor
Forvis Mazars Réviseurs d’Entreprises
  • Muylaert Frederik Maria DavidChair
  • Raf IemantsDirector
  • Antoine VanheuverswynDirector
  • Guillaume SauvéDirector
  • Loots August BenjaminDirector

and 1 other director

Go to Board & ownership

Network & group

Group
EIFFAGE SA
Subsidiaries
3
Direct holdings
4
Connected companies
6

4 holdings

Go to Network & group

Timeline

Events
60
Since
1997
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €50m
  2. 28-06-2025Annual accounts filed
  3. 24-06-2025Appointment: BV FORVIS MAZARS Bedrijfsrevisoren (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
24-11-1995
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about IEMANTS

What is the company number of IEMANTS?
0456.528.520. In Belgium the VAT number is the company number with BE in front: BE 0456.528.520.
Where is IEMANTS based?
The registered office is at Hoge Mauw 200, 2370 Arendonk.Company details
What does IEMANTS do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of IEMANTS?
Public limited company (NV).
When was IEMANTS founded?
On 24-11-1995.
Is IEMANTS still active?
Yes, IEMANTS is an active enterprise in the KBO register.
How many employees does IEMANTS have?
On average 506.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of IEMANTS?
€555.1m in financial year 2025, according to the filed annual accounts.
Is IEMANTS profitable?
In financial year 2025, IEMANTS made a profit of €40.0m.
Where can I find the annual accounts of IEMANTS?
IEMANTS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IEMANTS due?
By 31-07-2027, for financial year 2026.Timeline

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