Active · per the CBE, 30 September 2026

SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE

BE0434279094

Rechtspersoon Public limited company 1 establishment

SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is a credit provider in Tournai. Public Limited, started on 10 May 1988, 1 establishment.

Rue du Progrès(FRY) 24 box 1, 7503 Tournai

Active for

38 year, 4 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 6 to 5.

  • Figures corrected NBB

    Corrected annual account filed for 2024.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE from Tournai, company number BE0434279094, closed financial year 2025 with a result of € 483,818 after tax. For that financial year SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE recorded a gross margin of € 822,683 and equity of € 5.6 million. Compared with financial year 2024, the result moved from € 395,480 to € 483,818. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 2, 2025.

What it is worth Growing

€ 5.6 million

▲ 16% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 483,818

▲ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▼ 28% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 729,851.

People and assets in 2025

Full-time equivalents

5

▼ 0.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 531,869

▲ 4% vs 2024

€ 106,400 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.

Vehicles and equipment

€ 954,791

▼ 7% vs 2024

Of which on lease € 828,750.

Debts at end 2025

Bank debt ≈ 1429 years to go

€ 85.7 million

▲ 6% vs 2024

€ 60,000 is repaid this year. At this pace the long-term loan is gone in ≈ 1429 years.

Owed to suppliers

€ 55,162

▼ 90% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Wages and social charges

€ 85,961

▲ 35% vs 2024

Wages, holiday pay and social contributions still to pay. No outstanding taxes.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 668,810 € 698,988 € 811,163 € 822,683 ▲ 1%
Profit after taxes € 115,882 € 366,396 € 395,480 € 483,818 ▲ 22%
Equity € 3,439,445 € 4,005,379 € 4,850,917 € 5,619,138 ▲ 16%
Total debts € 79,489,894 € 80,328,104 € 86,605,675 € 95,079,569 ▲ 10%
Cash € 4,145,706 € 1,550,333 € 1,582,679 € 1,134,600 ▼ 28%
Land & buildings € 1,676,430 € 1,631,049 € 1,578,933 € 1,518,085 ▼ 4%
Retained profit € -418,968 € -81,447 € 274,033 € 729,851 ▲ 166%
Bank debt € 78,295,940 € 78,235,940 € 80,591,045 € 85,732,698 ▲ 6%
Balance sheet total € 82,929,339 € 84,333,483 € 91,456,592 € 100,698,707 ▲ 10%
Employees (FTE) 5.5 6 5.3 5 ▼ 0.3

Key figures of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE?

What happened at SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: profit of € 483,818 (▲ 22% vs 2024). Source: NBB ↗
  • New establishment in Ath. KBO
  • Start of the company according to the CBE. KBO

In short

From € 115,882 profit in 2022 to € 483,818 profit in 2025.

Paid € 37,086 in corporate taxes since 2022.

Best year ever: 2025, with € 483,818 profit.

On average € 164,500 of value added per employee in 2025.

Establishments

Establishment units

Physical locations of this company

Registered office

Rue du Progrès(FRY) 24 box 1

7503 Tournai

2.038.959.992

Rue Defacqz 17

7800 Ath

Active since 4 July 1988

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0434.279.094
VAT number
BE 0434.279.094
Registered office
Rue du Progrès(FRY) 24 bus 1, 7503 Tournai
Names & denominations
SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE · WAPINVEST
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
10 May 1988
Peppol
Not registered
Activities · NACE

Verstrekken van hypothecair krediet

Overige kredietverstrekking

Overige bemiddeling in effecten- en goederencontracten, muv crowdfunding

Effecten- en goederenhandel

Frequently asked questions

What does SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE do?
SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is a credit provider in Tournai. Public Limited, started on 10 May 1988, 1 establishment.
What is the address of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE?
The registered office of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is located at Rue du Progrès(FRY) 24 box 1, 7503 Tournai.
Is SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE still active?
Yes. According to the CBE (30 September 2026) SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is active, legal situation “Normale toestand”, started on 10 May 1988.
Is SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE registered on Peppol?
No, SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is currently not registered on the Peppol network.
What is the enterprise number of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE?
The enterprise number of SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE is BE0434279094.
When was SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE founded?
SOCIETE DE DEVELOPPEMENT ET DE PARTICIPATION DE LA WALLONIE PICARDE was founded on 10 May 1988.