If you have a recent good backup of your home mail box on drive ..mail\User you should be able to restore the hierarch.pm file while winpm-32 is closed and then on restart the folders would be recognized again. When improper or incomplete shut down or write to drive of hierarch.pm due to OS problem or when you delete or rename hierarch.pm file on restart a new one is built automatically but with all folders found in a flat top level with no trays. There is no automatic way to rebuild tray structure and that must be done manually unless you can restore good hierarch.pm file. Each username, subdir under \mail has own hierarch.pm file.
If you have a recent good backup of your home mail box on drive ..mail\User you should be able to restore the hierarch.pm file while winpm-32 is closed and then on restart the folders would be recognized again. When improper or incomplete shut down or write to drive of hierarch.pm due to OS  problem or when you delete or rename hierarch.pm file on restart a new one is built automatically but with all folders found in a flat top level with no trays. There is no automatic way to rebuild tray structure and that must be done manually unless you can restore good hierarch.pm file. Each username, subdir under \mail has own hierarch.pm file.