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IPM Group

Active
Public limited companyfounded 1968active for 58 yearsFrankenstraat 79, 1040 Etterbeek, Belgium58 active companies are registered at this addressKBO/BCE: BE 0403.508.716
Summary

IPM Group has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of -€4.4m. Equity is shrinking by about 7.6% per year across the filed financial years. Its solvency ranks better than 25% of 189 sector peers (NACE 58, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
IPM GroupActiveChecked score 82/100
Risk analysis ReportCompare

Directors

Directors
7 directors, 1 in day-to-day management, no change since 2025

Board 7

Marguerite le HODEY
Director (not named in the articles) · since 31-10-2011
Current
François le Hodey
Director (not named in the articles) · since 14-06-2013
Current
Patrice le Hodey
Director (not named in the articles) and vice-chair · since 14-06-2013
Current
Philippe le HODEY
Director (not named in the articles) · since 14-06-2013
Current
ACCES DIRECT
Director (not named in the articles) and chair · since 09-10-2015 · Public limited company · permanent representative: Pierre Rion
Current
51 publications SA
Director · since 06-09-2018 · Legal entity · permanent representative: Francis Morel
Current
Access Direct SA
Director (not named in the articles) and chair · since 16-12-2025 · Legal entity · from a recent deed
Current
1 not recently confirmed
Still in office according to the deeds, but no deed of the last six years confirms the mandate. Mandates like this have often ended since, in a deed we have not read yet.
RION Pierre
Director · since 09-10-2015
Not recently confirmed

Day-to-day management 1

François le Hodey
Managing director · since 03-07-2019
Current

Permanent representatives 2

Pierre Rion
Permanent representative · since 09-10-2015 · for ACCES DIRECT
Current
Francis Morel
Permanent representative · since 06-09-2018 · for 51 publications SA
Current

Statutory auditor 1

RSM INTERAUDIT
Statutory auditor · since 14-06-2013 · permanent representative: Marie Delacroix
Current
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

17 people since 2004, 9 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Marguerite le HODEY
  • Director, from 31-10-2011 to date
François le Hodey
  • Director, since before 14-06-2013
  • Managing director, from 03-07-2019 to date
Patrice le Hodey
  • Director, since before 14-06-2013
Philippe le HODEY
  • Director, since before 14-06-2013
ACCES DIRECT
  • Director, from 09-10-2015 to date
51 publications SA
  • Director, from 06-09-2018 to date
Access Direct SAfrom an act
  • Director (not named in the articles) and chair, from 16-12-2025 to date
RSM INTERAUDIT
  • Statutory auditor, from 14-06-2013 to date
RION Pierre
  • Director, from 09-10-2015 not ended, last confirmed 15-12-2015
Alain SIAENS
  • Director, from 09-10-2015 to 30-06-2021
  • Chair, from 27-10-2015 ended, last mentioned 15-12-2015
Denis STEISEL
  • Director, from 09-10-2015 to 30-06-2021
Bruno LESOUÊF
  • Director, from 09-10-2015 to 06-09-2018
Axel Miller
  • Chair of the board, from 14-09-2011 ended, last mentioned 13-10-2011
  • Director, from 14-09-2011 to 09-10-2015
SCRL RSM Inter Audit
  • Statutory auditor, from 25-05-2010 to 14-06-2013
Dominique le HODEY
  • Director, until 03-10-2011
Deloitte & Touche
  • Auditor, from 24-05-2004 to 25-05-2010
Pierre de Tillesse
  • Board, until 19-06-2006
See the board, name and registered office on a given date →

Owners and capital

Owners

1 owner

Chain of control

  1. COMPAGNIE DE DEVELOPPEMENT DES MEDIAS SALU 100%
  2. MAJA 100%
  3. IPM Group

Highest known parent: COMPAGNIE DE DEVELOPPEMENT DES MEDIAS SA (Luxembourg). The sources do not say who stands above it.

Owners 1

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

According to the 2025 annual accounts of IPM Group and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 23-10-2025 ↗
  • MAJA all shares
Stated in the act act of 29-10-2015 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 16-12-2025 Capital stated in the deed · €353,104.24
  2. 15-12-2023 Capital stated in the deed · €2,782,639.40 · 3,769,920 shares
  3. 29-10-2015 Capital stated in the deed · €3,769,920
  4. 15-09-2014 Capital stated in the deed · €2,782,639.40 · 3,769,920 shares

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