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1
Total HOAs
1
Regions
1
Municipalities
Flanders 1 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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๐Ÿ“Š Key financials

Source: NBB annual accounts (2008-2025). Amounts in euros.

View at NBB โ†’
💶
-
Gross margin ยท 2025
📈
€ 7.470.825
Net result ยท 2025
▼ 19,3% vs 2024
🏦
€ 83.671.209
Equity ยท 2025
▲ 10,5% vs 2024
👥
-
Avg FTE ยท 2025
Revenue (gross margin)
Year-on-year evolution
2008
€4,1M
2009
€4,7M
2010
€5,1M
2011
€5,5M
2012
€4,3M
2013
€4,4M
2014
€4,4M
2015
€4,4M
2016
€3,7M
2017
€3,7M
2018
€3,0M
2019
€3,9M
2020
€4,5M
2021
€8,2M
2022
€6,8M
2023
€14,2M
2024
€11,7M
Net result
After tax
2008
€1,8M
2009
€2,2M
2010
€2,9M
2011
€3,2M
2012
€2,0M
2013
€2,3M
2014
€2,0M
2015
€2,0M
2016
€1,5M
2017
€951k
2018
€909k
2019
€212k
2020
€-2,0M
2021
€5,2M
2022
€3,5M
2023
€7,6M
2024
€9,3M
2025
€7,5M
Equity
At closing date
2008
€27,3M
2009
€32,0M
2010
€34,9M
2011
€38,1M
2012
€40,1M
2013
€42,4M
2014
€44,4M
2015
€46,4M
2016
€47,8M
2017
€48,8M
2018
€49,7M
2019
€49,9M
2020
€47,8M
2021
€58,7M
2022
€62,2M
2023
€66,5M
2024
€75,7M
2025
€83,7M
Average FTE
Full-time equivalents
2008
4.9
2009
5.7
2010
6.2
2011
7.2
2012
7.8
2013
7.6
2014
9.8
2015
10.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 18 Jun 2026
Line item202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross operating margin-€ 11.749.006€ 14.169.139€ 6.794.780€ 8.160.608€ 4.526.153€ 3.874.522€ 3.013.722€ 3.724.063€ 3.673.118€ 4.389.098€ 4.405.878€ 4.385.169€ 4.309.696€ 5.462.296€ 5.139.194€ 4.692.635€ 4.132.482
Personnel costs----------€ -215.221€ -385.310€ -363.028€ -290.023€ -293.486€ -269.525€ -246.246€ -192.596
Depreciation-----€ -1.587.741€ -1.424.585€ -1.464.875€ -1.447.372€ -1.500.976€ -1.404.926€ -1.468.631€ -1.434.933€ -1.541.947€ -1.422.781€ -1.299.678€ -1.302.045€ -1.287.496
Operating result€ 8.939.745€ 8.801.823€ 8.000.953€ 4.489.549€ 6.026.037€ -2.073.320€ 1.771.387€ 893.323€ 1.733.083€ 1.576.713€ 2.186.787€ 1.939.997€ 1.940.643€ 1.883.598€ 3.182.675€ 3.032.828€ 2.623.128€ 2.228.203
Financial income-----€ 27.363€ 10.574€ 16.288€ 18.034€ 25.795€ 47.828€ 33.242€ 17.668€ 8.910€ 18.150€ 3.789€ 56.726€ 42.774
Financial charges-----€ -429€ -365€ -363€ -577€ -549€ -409€ -1.983€ -995€ -45.906€ -10.092€ -100.845€ -330.856€ -391.780
Result before tax-----€ -2.046.386------------
Income taxes------------------
Net result€ 7.470.825€ 9.261.748€ 7.615.420€ 3.511.340€ 5.200.466€ -2.046.386€ 211.597€ 909.247€ 950.541€ 1.451.959€ 1.974.207€ 1.971.256€ 2.347.356€ 1.978.910€ 3.190.733€ 2.935.772€ 2.199.024€ 1.845.697
Balance sheet
Total assets€ 90.827.534€ 83.768.306€ 79.130.234€ 71.808.582€ 69.210.381€ 48.981.369€ 50.611.965€ 50.406.700€ 49.458.126€ 48.258.700€ 48.015.158€ 47.265.596€ 45.485.285€ 45.169.042€ 44.977.984€ 40.855.152€ 40.609.295€ 40.994.675
Receivables ≤ 1 year-----€ 252.661€ 867.734€ 185.364€ 497.746€ 46.643€ 40.989€ 240.392€ 466.620€ 446.678€ 164.509€ 142.040€ 126.332€ 120.362
Cash & equivalents€ 527.974€ 615.285€ 547.192€ 263.869€ 1.877.026€ 5.639.158€ 3.318.162€ 6.277.365€ 6.967.272€ 4.202.205€ 1.664.324€ 1.964.332€ 3.155.947€ 1.491.756€ 3.530.067€ 1.104.060€ 159.632€ 129.877
Equity€ 83.671.209€ 75.747.017€ 66.485.268€ 62.231.367€ 58.720.027€ 47.849.789€ 49.896.175€ 49.684.578€ 48.775.331€ 47.824.790€ 46.372.831€ 44.398.625€ 42.427.369€ 40.080.014€ 38.101.103€ 34.910.370€ 31.974.598€ 27.343.814
Amounts payable-----€ 1.131.580€ 715.790€ 722.122€ 682.795€ 433.910€ 1.642.327€ 2.866.971€ 3.057.916€ 5.089.029€ 6.876.880€ 5.944.782€ 8.634.697€ 13.650.861
Workforce
Average FTE----------10.09.87.67.87.26.25.74.9
Attachments

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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