Financials
Financial year 2025
SOCIETE WALLONNE DU CREDIT SOCIAL from Charleroi, company number BE0473771754, closed financial year 2025 with a result of € 6.5 million after tax. For that financial year SOCIETE WALLONNE DU CREDIT SOCIAL recorded revenue of € 78.3 million and equity of € 227.1 million. Compared with financial year 2024, the result moved from € 13.8 million to € 6.5 million. The company is profitable. 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 June 16, 2026.
€ 227.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.5 million
▼ 53% vs 2024
Profit after tax over the fiscal year.
€ 181 million
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 159.8 million.
People and assets in 2025
135.3
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.5 million
▲ 4% vs 2024
€ 85,000 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.
€ 203,898
▲ 53% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 billion
▲ 1% vs 2024
€ 246.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 799,938
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 1.4 million
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 68,379,632 | € 77,517,820 | € 82,063,708 | € 78,312,620 | ▼ 5% |
| Profit after taxes | € 363,118 | € 330,966 | € 13,804,896 | € 6,545,877 | ▼ 53% |
| Equity | € 165,001,148 | € 161,637,602 | € 222,492,992 | € 227,075,102 | ▲ 2% |
| Total debts | € 3,575,411,117 | € 3,938,119,061 | € 4,171,856,734 | € 4,188,006,375 | |
| Cash | € 34,850,997 | € 7,665,123 | € 194,355,430 | € 180,974,684 | ▼ 7% |
| Land & buildings | € 3,898,526 | € 3,748,690 | € 3,481,636 | € 3,335,660 | ▼ 4% |
| Retained profit | € 139,127,257 | € 139,458,223 | € 153,263,118 | € 159,808,995 | ▲ 4% |
| Bank debt | € 2,795,093,615 | € 2,917,359,374 | € 3,131,637,652 | € 3,167,820,494 | ▲ 1% |
| Balance sheet total | € 3,743,914,835 | € 4,103,064,786 | € 4,397,502,612 | € 4,415,131,006 | |
| Employees (FTE) | 120.3 | 132.9 | 135.8 | 135.3 | ▼ 0.5 |
Key figures of SOCIETE WALLONNE DU CREDIT SOCIAL, 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 SOCIETE WALLONNE DU CREDIT SOCIAL?
What happened at SOCIETE WALLONNE DU CREDIT SOCIAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6.5 million (▼ 53% vs 2024). Source: NBB ↗
- David CICCARELLA stepped down as director. NBB
- Sébastien PRADELLA became a director. NBB
- Annick FOURMEAUX stepped down as director. NBB
- Annick FOURMEAUX became a director. NBB
- Carl LUKALU became a director. NBB
- Régis DOYEN became a director. NBB
- Sébastien DESCHAMPS became a director. NBB
In short
From € 363,118 profit in 2022 to € 6.5 million profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 13.8 million profit.
Pays suppliers within 3 days on average.
Management
Behind SOCIETE WALLONNE DU CREDIT SOCIAL are Carl LUKALU, Régis DOYEN, Sébastien DESCHAMPS, Natacha LEROY, Sébastien PRADELLA and Yves BRULARD. The shares are held by Région wallonne (100%) and Crédit Logement social (0%).
Directors
According to the 2025 annual accounts
Carl LUKALU
Chairman of the board
Also active at: TIBI, CENEO, SOCIETE WALLONNE DES EAUX, SOCIETE WALLONNE DU LOGEMENT, Centre universitaire Zénobe Gramme
since 2023
Régis DOYEN
Director
since 2020
Sébastien DESCHAMPS
Vice-chairman of the board
since 2020
Natacha LEROY
Director
since 2020
Sébastien PRADELLA
Administrateur avec voix consultative
since 2025
since 2020
since 2020
since 2020
since 2020
Matthieu LIESSENS
Director
since 2020
since 2020
Annick FOURMEAUX
Administratrice avec voix consultative
since 2024 · until 2025
David CICCARELLA
Director
since 2020 · until 2025
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de l'Ecluse 4
6000 Charleroi
Rue de l'Ecluse 21
6000 Charleroi
Active since 2 August 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0473.771.754
- VAT number
- BE 0473.771.754
- Registered office
- Rue de l'Ecluse 4, 6000 Charleroi
- Names & denominations
- SOCIETE WALLONNE DU CREDIT SOCIAL · S.W.C.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2001
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verstrekken van hypothecair krediet
Overige kredietverstrekking
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis