Le Logis Social de Liège SRL - LSdL

What Le Logis Social de Liège SRL - LSdL does

Le Logis Social de Liège SRL (LSdL) is a Belgian public social housing company — a Société de Logement de Service Public (SLSP) — approved by the Société Wallonne du Logement (SWL) under agrément number 6020 and headquartered at Rue des Alisiers 12, 4032 Chênée (Liège). It manages 3,132 housing units (754 houses and 2,379 apartments) across 10 communes within the City of Liège territory, alongside 70 balance-rent units, 153 rental garages, 4 commercial spaces, and a growing student housing portfolio. Rents are calculated using a regulated formula based on housing value and household taxable income, with 78% of tenants classified as unemployed, minimex recipients, or inactive and 50% in a state of precarity. The principal shareholder is the Ville de Liège, with co-shareholders including the CPAS de Liège and Province de Liège.

The company's core product set comprises social housing rental, balanced-rent housing (targeting moderate-income households up to €74,900 single / €91,400 household), student "kots" (public-utility student housing), garages, commercial spaces, and select for-sale of older houses. Beyond letting, LSdL runs a substantial construction and energy renovation program (88 units in Bressoux, 75 in Chênée, 36 in Grivegnée, plus the Sclessin student housing project), provides in-house social accompaniment and inspection services, and operates a Consultative Committee of Tenants and Owners (CCLP). Operations are governed by a Comité de Gestion and Conseil d'Administration renewed after the 2018 municipal elections, with a Direction Générale led by Directrice-Gérant Stéphanie Christiaens. LSdL is ISO 9001:2015 certified (continuously since 2006, recertified June 2018 by Pro-Cert) and GDPR-compliant with a designated DPO.

LSdL makes money almost entirely from regulated, recurring monthly rental income across its four letting lines (social housing, balance-rent, student, garages, commercial), supplemented by Walloon Government capital subsidies (e.g., €1.362M in 2023-2025 for 27 Sclessin student units), operating subsidies, and occasional property sales. Tenant relations are managed directly through a single headquarters office with five service departments (location, technical, social, inspection, contentieux) and a centralized Attribution Committee using a priority-point system. There are 32 employees supporting the 3,132-unit portfolio, and go-to-market is non-commercial: allocation follows regulated social-housing attribution rules, not sales activity. The company is privately held (SRL structure), not publicly traded, with no venture capital or private equity ownership; its principal counterparties are public-sector entities (SWL, Ville de Liège, Walloon Government, CPAS de Liège).

Name

Le Logis Social de Liège SRL - LSdL

Legal name

Le Logis Social de Liège SRL

Website

https://logissocialdeliege.be

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Le Logis Social de Liège SRL (LSdL) is a Walloon-region public social housing company managing 3,132 rental units plus 153 garages, 4 commercial spaces, and student kots across 10 Liège communes, serving low- and moderate-income households with income-based rents and backed by the Ville de Liège.

Ownership category

akta.pro rank

Product category

Public Social Housing

NAICS

Community Housing Services (62422), Rooming and Boarding Houses, Dormitories, and Workers' Camps (72131)

SIC

Services-Social Services (8300)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Public social housing
• Affordable rental housing
• Student housing rentals
• Social housing management
• Balanced-rent housing

Headquarters

HQ city

Chênée (Liège)

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Social Housing Rent: Monthly rental income from approximately 3,132 social housing units (754 houses and 2,379 apartments). Rent is calculated based on a formula considering housing value and household taxable income. Additional 70 balance-rent housing units.
2. Student Housing (Kots) Rental: Rental income from student housing units. 27 new public utility student kots being developed in Sclessin. Currently 2 existing student kots in Angleur at Rue Vaudrée.
3. Garage Rental: 153 garages available for rental across various locations including Bressoux (8 garages), Grivegnée (126 car + 4 moto), Rocourt (1), Jupille (5), Wandre (7), Sclessin (7).
4. Commercial Space Rental: Rental of commercial spaces (locaux) to associations and non-profits. 4 spaces available in Angleur, Grivegnée, and Sclessin.

Pricing tiers

Distribution channels1 record

Marketing channels4 records

Core offering

Le Logis Social de Liège (LSdL) is a public social housing company that rents affordable social housing units, balanced-rent housing, student kots, garages, and commercial spaces to eligible households across 10 entities in the City of Liège. The company also provides housing construction, energy renovation, and tenant social/administrative support services. Approximately 3,132 housing units (754 houses and 2,379 apartments) are managed under an income-based rent formula.

Product overview

Le Logis Social de Liège (LSdL) is a public social housing company (Société de Logement de Service Public - SLSP) operating as a unified service without a modular software platform. The company provides social housing rental (3,132 units), balanced-rent housing (70 units), student housing (kots), garage rentals (153 spaces), and commercial space rentals. Core services include housing construction, renovation, property management, and tenant support including social assistance and administrative accompaniment.

Differentiator

Problem solved

Functional benefit

Products and services

• Logements sociaux (Social Housing) Rental of social housing units to eligible candidates. LSdL manages 3,132 housing units (754 houses and 2,379 apartments) across 10 entities in the City of Liège, with rents calculated based on property value and household income under the Walloon Housing Code.
• Logements à loyer d'équilibre (Balanced-Rent Housing) Affordable housing units with rents between €425-€600/month targeting households with annual taxable income below €74,900 (single) or €91,400 (couple), increased by €3,400 per dependent child.
• Kots étudiants (Student Housing) Public utility student housing units with independent entrances and shared common areas, furnished with second-hand furniture. Rent is €250/month indexed annually, with €480 security deposit, contracts renewable up to 5 times. Targeted at students near Hautes Ecoles and University of Liège.
• Garages à louer (Garage Rental) 153 rental garage spaces across Bressoux, Grivegnée, Rocourt, Jupille, Wandre, and Sclessin. Individual garages €53/month, collective garages €34/month, motorcycle/bike €13/month. €40 security deposit for individual garages.
• Locaux à louer (Commercial Space Rental) Rental of commercial and community spaces for associations, non-profits, medical offices, or storage. Four locations in Angleur, Grivegnée, and Sclessin with monthly rents from €85 to €365 (excluding charges).
• Maisons à vendre (Housing for Sale) Sale of existing social housing properties to eligible buyers through competitive bidding. Priority given to current tenants, then candidates, then other social housing tenants, with a 10-year occupancy commitment.
• Rénovations énergétiques (Energy Renovations) Comprehensive energy renovation program including window replacement, insulation, elevator modernization, and exterior envelope insulation. Major projects cover 88 units in Bressoux, 75 units in Chênée, and 36 units in Grivegnée, with demonstrated 25% average energy savings.

Quantifiable outcome

• 3,132 housing units managed across 10 entities in Liège area
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• SIMPLE Architecture SRLcoreStrategic or Co-development Partner · 1 January 2024Architecture firm selected through public procurement as project author for the 27 public utility student housing units in Sclessin. Responsible for design and construction supervision.
• Société Wallonne du Logement (SWL)coreStrategic or Co-development PartnerRegulatory body that approves and oversees SLSPs (Sociétés de Logement de Service Public). LSdL is approved by SWL under number 6020. SWL provides regulatory framework and oversight.
• CPAS de Liège (Public Centre for Social Welfare)minorStrategic or Co-development PartnerPartnership during COVID-19 crisis for supporting isolated tenants, particularly elderly residents (70+ years). Referrals made to CPAS services for additional support.
• Relais social du Pays de LiègeminorStrategic or Co-development PartnerLocal social relay network that receives referrals from LSdL for tenants requiring additional social support services.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Nos Logis: Walloon public social housing company (SLSP) active in Brabant Wallon. Direct peer operating under the same Walloon Housing Code and SWL agrément regime as LSdL, providing income-based rental housing.
• Le Toit Social: Public social housing company (SLSP) in Wallonia offering comparable regulated rental housing services under the SWL agrément regime. Direct peer with similar operating model to LSdL.
• La Sambrienne: Public social housing company (SLSP) operating in the Charleroi area of Wallonia. Direct peer offering the same regulated social rental housing services under the SWL framework as LSdL.

Others

• Société Wallonne du Logement (SWL): Walloon regional regulatory and oversight body for all SLSPs including LSdL (agrément n°6020). Not a direct operator but the central counterparty that approves, funds, and supervises LSdL's activities.
• Centre Public d'Action Sociale de Liège (CPAS de Liège): Liège's public social welfare center and a shareholder of LSdL. Closely linked social services partner that receives LSdL referrals and provides complementary welfare support to the same vulnerable tenant population.

Regional players

• L'Habitation Jemappienne: Walloon public social housing company (SLSP) operating in the Jemappes/Mons area. Comparable SLSP providing income-based rental housing under the same SWL regulatory framework.
• Le Foyer de la Ville de Bruxelles: Largest Brussels-region public social housing company (SLSP). Regional peer providing the same regulated social housing model under a parallel Brussels-Capital Region regulatory framework with similar income-based rent mechanics.
• Le Foyer Forestois: Brussels public social housing company (SLSP) serving the Forest municipality. Comparable SLSP with similar mission, regulatory framework, and tenant base to LSdL, though operating under Brussels-Capital Region rules.
• Le Foyer Sérésien: Public social housing company (SLSP) serving the Seraing area, geographically adjacent to LSdL's Liège territory. Direct comparable offering the same regulated social rental model in the same Walloon regional market.
• Le Foyer Anderlechtois: Brussels public social housing company (SLSP) operating in Anderlecht. Comparable entity offering regulated social rental housing under the Brussels SLSP framework, similar in operating model to LSdL.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/le-logis-social-de-li%C3%A8ge

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Le Logis Social de Liège SRL - LSdL