Missions delegated in 2017 and 2018 to the Walloon Financing and Guarantee Company for SMEs “Sowalfin”: financing and accounting

French speaking chamber on May 27, 2020

The Belgian Court of Audit has examined how Sowalfin financed and registered in its accounts the missions it was entrusted with in 2017 and 2018. Since its foundation in 2002, Sowalfin has fostered the creation, development and transfer of SMEs in the Walloon Region by providing adequate financing solutions. Fundamentally, Sowalfin’s missions consist in granting loans and guarantees. It can act in its own name or, in the case of delegated missions, on behalf of the Walloon Region.