Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
18 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Immobilière et Mobilière de l'Argentine from Brussel, company number BE0403370045, closed financial year 2025 with a result of € -90,463 after tax. For that financial year Immobilière et Mobilière de l'Argentine recorded a gross margin of € 1,479 and equity of € -264,834. Compared with financial year 2024, the result moved from € -90,641 to € -90,463. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ -264,834
▼ € 90,463 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,463
Profit after tax over the fiscal year.
€ 37,581
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
Debts at end 2025
€ 575,820
▲ 32% vs 2024
€ 26,511 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 1,849
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 12,891 | € -39,504 | € -39,271 | € 1,479 | ▲ € 40,750 |
| Profit after taxes | € -69,739 | € -94,008 | € -90,641 | € -90,463 | |
| Equity | € 10,279 | € -83,729 | € -174,370 | € -264,834 | ▼ € 90,463 |
| Total debts | € 453,427 | € 443,634 | € 578,581 | € 720,739 | ▲ 25% |
| Cash | € 62,564 | € 0 | € 20,717 | € 37,581 | ▲ 81% |
| Land & buildings | € 397,689 | € 353,822 | € 379,603 | € 413,765 | ▲ 9% |
| Retained profit | € -2,229,721 | € -2,323,729 | € -2,414,370 | € -2,504,834 | ▼ € 90,463 |
| Bank debt | € 0 | € 240 | € 434,999 | € 575,820 | ▲ 32% |
| Balance sheet total | € 463,706 | € 359,905 | € 404,211 | € 455,906 | ▲ 13% |
Key figures of Immobilière et Mobilière de l'Argentine, 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 Immobilière et Mobilière de l'Argentine?
What happened at Immobilière et Mobilière de l'Argentine in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Felix le Hodey stepped down as director. NBB
- Philippe le Hodey stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 90,463. Source: NBB ↗
- Felix le Hodey became a director. NBB
- Philippe le Hodey became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,739 loss in 2022 to € 90,463 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Felix le Hodey
Director
since 2024 · until 2030
since 2021 · until 2030
Establishments
Establishment units
Physical locations of this company
Belle Alliancelaan 1
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 18 companies are registered at this address.
All companies at this address →AUXILIAIRE DE GERANCE
€ 672,727 gross margin · 2025
STRATEGIES AND TELECOMMUNICATIONS
€ 1.2 million gross margin · 2025
LA SOCIETE DES CHATEAUX D'EAU
€ 32,765 gross margin · 2025
H.I. INVEST
€ 1,537 gross margin · 2024
alain berteau
€ 25,902 gross margin · 2025
+13 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
- 0403.370.045
- VAT number
- BE 0403.370.045
- Registered office
- Belle Alliancelaan 1, 1000 Brussel
- Names & denominations
- Immobilière et Mobilière de l'Argentine · Immartine
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 1961
- Peppol
- Not registered