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.
-
Tight liquidity NBB
Cash and receivables cover 43 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON from Namur, company number BE0433766083, closed financial year 2025 with a result of € -3.3 million after tax. For that financial year SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON recorded revenue of € 106,718 and equity of € 5.3 million. Compared with financial year 2024, the result moved from € -911,634 to € -3.3 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.
€ 5.3 million
▼ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.3 million
▼ 257 % more loss than in 2024
Profit after tax over the fiscal year.
€ 297,392
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
30.9
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 11% vs 2024
€ 51,800 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.
€ 1,255
▲ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1.8 million
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 284,340
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 78,677 | € 92,015 | € 93,600 | € 106,718 | ▲ 14% |
| Profit after taxes | € -659,299 | € 894,255 | € -911,634 | € -3,254,068 | ▼ € 2.3 million |
| Equity | € 8,620,490 | € 9,569,703 | € 8,562,385 | € 5,250,344 | ▼ 39% |
| Total debts | € 1,566,833 | € 2,476,091 | € 3,219,848 | € 2,691,633 | ▼ 16% |
| Cash | € 9,668,590 | € 9,405,863 | € 311,677 | € 297,392 | ▼ 5% |
| Retained profit | € 8,520,536 | € 9,414,791 | € 8,503,157 | € 5,249,089 | ▼ 38% |
| Balance sheet total | € 11,949,882 | € 12,139,833 | € 11,872,623 | € 8,032,367 | ▼ 32% |
| Employees (FTE) | 18.9 | 23 | 28.2 | 30.9 | ▲ 2.7 |
Key figures of SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON, 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 SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON?
What happened at SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3.3 million. Source: NBB ↗
- José BOURGUIGNON stepped down as director. NBB
- Annabelle DELVILLE became a director. NBB
- Bernard LIETAR stepped down as director. NBB
- Marc Gilliquet stepped down as director. NBB
- Franck Gruntowy became a director. NBB
- Caroline Lemaire became a director. NBB
- Marc Gilliquet became a director. NBB
In short
From € 659,299 loss in 2022 to € 3.3 million loss in 2025.
Paid € 129,470 in corporate taxes since 2022.
Best year ever: 2023, with € 894,255 profit.
Pays suppliers within 65 days on average.
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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 SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON are Pascal GAIGNAGE, Annabelle DELVILLE, Carine GEORGES, Vinciane DAMUSEAU, Bernard FONTAINE and Jonathan VANDEVANDEL.
Directors
According to the 2025 annual accounts
Pascal GAIGNAGE
Managing director, Director
since 2015
Annabelle DELVILLE
Government commissioner
since 2025
Carine GEORGES
Director
since 2016
Vinciane DAMUSEAU
Director
since 2019
Bernard FONTAINE
Director
since 2012
Jonathan VANDEVANDEL
Director, Managing director
since 2021
Dimitri PREUD'HOMME
Director
since 2021
Jean-Luc CARLIER
Director
since 2000
Michèle Ledent
Government commissioner
since 2024
David BODSON
Director
since 2017
Philippe MELARD
Managing director
since 1991
Franck Gruntowy
Director
since 2024
Caroline Lemaire
Director
since 2024
Christiane DETOMBES
Director
since 2008
Cathy Esmanne
Director
since 2024
Jean-Claude RUELLE
Director
since 2012
Sandy VIGOUREUX
Director
since 2017
Francine COLLIN
Director
since 2017
since 2024 · until 2025
Bernard LIETAR
Government commissioner
since 2019 · until 2025
José BOURGUIGNON
Director
since 2012 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue Dewez 49
5000 Namur
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.766.083
- VAT number
- BE 0433.766.083
- Registered office
- Rue Dewez 49, 5000 Namur
- Names & denominations
- SERVICE SOCIAL DES SERVICES DU GOUVERNEMENT WALLON
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 23 July 1987
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ssrw.be [email protected] 003281250228
- Activities · NACE
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