Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Shrinking team NBB
FTE fell two years in a row, from 13.9 to 11.4.
Financials
Financial year 2025
ARGUS from Elsene, company number BE0428155327, closed financial year 2025 with a result of € -216,806 after tax. For that financial year ARGUS recorded a gross margin of € 911,996 and equity of € 439,064. Compared with financial year 2024, the result moved from € -132,500 to € -216,806. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 439,064
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -216,806
▼ 64 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.3 million
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -321,488.
People and assets in 2025
11.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 690,331
▲ 2% vs 2024
€ 60,600 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.
€ 14,473
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.3 million
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 92,893
▼ 63% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,151
▼ 44% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,925,262 | € 3,076,628 | € 955,846 | € 911,996 | ▼ 5% |
| Profit after taxes | € 6,282 | € 1,182,441 | € -132,500 | € -216,806 | ▼ € 84,306 |
| Equity | € -394,071 | € 788,370 | € 655,870 | € 439,064 | ▼ 33% |
| Total debts | € 6,129,312 | € 5,678,302 | € 5,566,970 | € 5,085,651 | ▼ 9% |
| Cash | € 107,233 | € 1,009,132 | € 1,622,718 | € 2,341,135 | ▲ 44% |
| Land & buildings | € 4,249,827 | € 1,462,594 | € 1,371,861 | € 1,281,128 | ▼ 7% |
| Retained profit | € -2,903,095 | € -153,648 | € -195,415 | € -321,488 | ▼ € 126,073 |
| Bank debt | € 5,616,662 | € 2,500,000 | € 2,500,000 | € 2,332,746 | ▼ 7% |
| Balance sheet total | € 5,735,241 | € 6,466,671 | € 6,222,839 | € 5,524,715 | ▼ 11% |
| Employees (FTE) | 25.5 | 13.9 | 11.7 | 11.4 | ▼ 0.3 |
Key figures of ARGUS, 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 ARGUS?
What happened at ARGUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 216,806. filed late Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,282 profit in 2022 to € 216,806 loss in 2025.
Paid € 60,720 in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
On average € 80,000 of value added per employee 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
Behind ARGUS is LAURENT LAPOUILLE. The shares are held by CH4 BELGIQUE.
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kapitein Crespelstraat 6
1050 Elsene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
argus-hotel-brussels.com
Registered
2009-10-21
Registrar
Gandi SAS
Expires
2026-10-21
Website info
Features
Details
- Company number
- 0428.155.327
- VAT number
- BE 0428.155.327
- Registered office
- Kapitein Crespelstraat 6, 1050 Elsene
- Names & denominations
- ARGUS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 December 1985
- Peppol
- Active · Active since 13 Jun 2025
- Contact
- argus-hotel-brussels.com
- Activities · NACE
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