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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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📊 Key financials

Source: NBB annual accounts (2008–2024). Amounts in euros.

View at NBB →
💶
€ 267.334
Gross margin · 2024
▲ 13% vs 2023
📈
€ -64.658
Net result · 2024
▼ 560,7% vs 2023
🏦
€ 1.960.042
Equity · 2024
▼ 3,2% vs 2023
👥
0.4
Avg FTE · 2024
▲ 33,3% vs 2023
Revenue (gross margin)
Year-on-year evolution
2008
€401k
2009
€368k
2010
€428k
2011
€347k
2012
€403k
2013
€316k
2014
€342k
2015
€281k
2016
€255k
2017
€285k
2018
€228k
2019
€223k
2020
€229k
2021
€209k
2022
€214k
2023
€236k
2024
€267k
Net result
After tax
2008
€96k
2009
€-7k
2010
€9k
2011
€-7k
2012
€64k
2013
€24k
2014
€29k
2015
€-46k
2016
€214k
2017
€-3k
2018
€-9k
2019
€-4k
2020
€3k
2021
€-19k
2022
€-46k
2023
€-10k
2024
€-65k
Equity
At closing date
2008
€1,8M
2009
€1,8M
2010
€1,8M
2011
€1,8M
2012
€1,9M
2013
€1,9M
2014
€1,9M
2015
€1,9M
2016
€2,1M
2017
€2,1M
2018
€2,1M
2019
€2,1M
2020
€2,1M
2021
€2,1M
2022
€2,0M
2023
€2,0M
2024
€2,0M
Average FTE
Full-time equivalents
2008
4.0
2009
4.0
2010
4.0
2011
4.0
2012
3.2
2013
2.0
2014
2.2
2015
2.3
2016
1.8
2017
1.8
2018
0.5
2019
0.3
2020
0.3
2021
0.3
2022
0.3
2023
0.3
2024
0.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 24 Mar 2025
Line item20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross operating margin€ 267.334€ 236.484€ 213.503€ 208.763€ 229.044€ 223.240€ 227.808€ 285.401€ 255.463€ 281.172€ 341.698€ 316.135€ 403.450€ 346.872€ 427.513€ 368.283€ 401.188
Personnel costs€ -19.463€ -19.418€ -16.637€ -15.632€ -14.622€ -15.233€ -25.822€ -80.984€ -82.277€ -95.461€ -101.580€ -100.967€ -184.181€ -141.100€ -164.080€ -167.011€ -204.946
Depreciation€ -152.129€ -152.839€ -153.013€ -150.074€ -146.208€ -157.327€ -135.367€ -124.758€ -120.614€ -142.075€ -139.794€ -137.903€ -137.728
Operating result€ 90.286€ 47.865€ 8.921€ 38.181€ 61.602€ -5.248€ -8.667€ -645€ -32.993€ -31.420€ 39.420€ 37.889€ 26.117€ 24.314€ 33.125€ 26.108€ 24.063
Financial income€ 7.113€ 7.270€ 6.927€ 7.052€ 6.757€ 6.562€ 9.156€ 8.722€ 16.014€ 9.329€ 8.120€ 7.955€ 8.735
Financial charges€ -4.133€ -6.024€ -7.657€ -9.792€ -11.291€ -14.542€ -19.553€ -21.881€ -23.848€ -29.373€ -31.815€ -33.846€ -35.799
Result before tax€ 64.582
Income taxes€ -62.035
Net result€ -64.658€ -9.786€ -46.379€ -18.512€ 2.547€ -4.001€ -9.397€ -3.385€ 214.245€ -46.148€ 29.022€ 24.295€ 64.329€ -6.757€ 9.079€ -7.314€ 96.464
Balance sheet
Total assets€ 2.515.627€ 2.555.663€ 2.681.390€ 2.807.187€ 2.988.364€ 3.166.070€ 3.329.990€ 3.537.098€ 3.706.806€ 3.629.673€ 3.866.711€ 3.391.354€ 3.471.160€ 3.330.547€ 3.467.806€ 3.464.916€ 3.624.813
Receivables ≤ 1 year€ 7.257€ 25.278€ 40.090€ 94.652€ 151.345€ 83.511€ 233.059€ 207.513€ 225.357€ 162.077€ 232.611€ 134.152€ 131.721
Cash & equivalents€ 304.422€ 299.064€ 281.680€ 361.034€ 403.038€ 460.075€ 447.994€ 460.714€ 506.707€ 182.192€ 212.535€ 75.436€ 62.511€ 149.617€ 70.342€ 37.342€ 61.803
Equity€ 1.960.042€ 2.024.700€ 2.034.486€ 2.077.271€ 2.095.783€ 2.093.236€ 2.097.237€ 2.106.634€ 2.110.019€ 1.895.774€ 1.941.922€ 1.912.900€ 1.888.604€ 1.824.275€ 1.831.032€ 1.821.953€ 1.829.267
Amounts payable€ 892.581€ 1.072.834€ 1.232.753€ 1.430.464€ 1.595.337€ 1.730.092€ 1.918.082€ 1.478.454€ 1.582.556€ 1.506.272€ 1.636.773€ 1.642.963€ 1.795.546
Workforce
Average FTE0.40.30.30.30.30.30.51.81.82.32.22.03.24.04.04.04.0

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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