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📍 Locations · 2

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2
Total HOAs
1
Regions
2
Municipalities
Flanders 0 Brussels 2 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 1.960
Gross margin · 2025
▼ 82,6% vs 2024
📈
€ -18.889
Net result · 2025
▼ 102,7% vs 2024
🏦
€ -44.083
Equity · 2025
▼ 75% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€-10k
2007
€-5k
2008
€-7k
2009
€31k
2010
€2k
2011
€-3k
2012
€3k
2013
€3k
2014
€3k
2015
€18k
2016
€7k
2017
€9k
2018
€6k
2019
€5k
2020
€9k
2021
€10k
2022
€22k
2023
€42k
2024
€11k
2025
€2k
Net result
After tax
2006
€-28k
2007
€-12k
2008
€-14k
2009
€17k
2010
€-7k
2011
€-17k
2012
€-11k
2013
€-11k
2014
€-3k
2015
€-4k
2016
€-9k
2017
€-9k
2018
€-10k
2019
€-11k
2020
€2k
2021
€7k
2022
€16k
2023
€19k
2024
€-9k
2025
€-19k
Equity
At closing date
2006
€41k
2007
€29k
2008
€16k
2009
€33k
2010
€26k
2011
€8k
2012
€-3k
2013
€-14k
2014
€-17k
2015
€-21k
2016
€-30k
2017
€-39k
2018
€-49k
2019
€-60k
2020
€-58k
2021
€-51k
2022
€-35k
2023
€-16k
2024
€-25k
2025
€-44k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 May 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 1.960€ 11.252€ 41.946€ 22.229€ 9.864€ 8.640€ 4.912€ 6.282€ 9.166€ 7.487€ 18.370€ 3.273€ 2.998€ 2.917€ -3.449€ 1.880€ 31.436€ -6.671€ -4.669€ -10.448
Personnel costs
Depreciation€ -4.427€ -14.075€ -13.429€ -15.104€ -14.014€ -14.454€ -4.503€ -11.799€ -11.816€ -11.559€ -11.387€ -11.840€ -5.378€ -5.392€ -15.941
Operating result€ -17.877€ -8.194€ 20.120€ 16.417€ 8.240€ 2.694€ -10.710€ -8.665€ -7.428€ -7.990€ -2.608€ -2.680€ -10.328€ -10.255€ -16.437€ -10.763€ 18.189€ -13.564€ -11.360€ -27.623
Financial income€ 0€ 0€ 1€ 1€ 5€ 7€ 89€ 439
Financial charges€ -406€ -436€ -655€ -814€ -843€ -1.296€ -198€ -335€ -541€ -919€ -918€ -990€ -258€ -643€ -911
Result before tax€ 2.288€ -11.146€ -9.318€ -8.243€ -8.832€ -3.904€ -2.879€ -10.662€ -11.492€ -17.357€ -7.112€ 17.204€ -13.815€ -11.914€ -28.095
Income taxes€ -336€ -246€ -477€ -476€ -213€ -111€ -109€ -245
Net result€ -18.889€ -9.317€ 18.876€ 15.851€ 7.457€ 1.952€ -11.391€ -9.795€ -8.718€ -9.045€ -4.015€ -2.988€ -10.908€ -11.492€ -17.357€ -7.112€ 17.204€ -13.815€ -11.914€ -28.095
Balance sheet
Total assets€ 78.436€ 102.828€ 108.357€ 59.015€ 46.751€ 33.583€ 38.219€ 47.973€ 61.929€ 76.015€ 90.232€ 56.245€ 57.075€ 69.845€ 80.234€ 92.388€ 104.218€ 90.263€ 99.035€ 99.488
Receivables ≤ 1 year€ 1.136€ 1.429€ 359€ 502€ 893€ 348€ 3.874€ 872€ 1.166€ 1.361€ 4.826€ 3.953€ 5.566€ 3.900
Cash & equivalents€ 18.123€ 27.667€ 14.678€ 11.603€ 2.331€ 1.958€ 1.999€ 1.505€ 1.989€ 2.288€ 3.897€ 1.491€ 1.691€ 2.956€ 2.339€ 3.596€ 1.863€ 2.006€ 4.867€ 4.085
Equity€ -44.083€ -25.195€ -15.877€ -34.753€ -50.604€ -58.061€ -60.013€ -48.622€ -38.826€ -30.108€ -21.063€ -17.048€ -14.061€ -3.153€ 8.339€ 25.696€ 32.808€ 15.604€ 29.419€ 41.333
Amounts payable€ 91.644€ 98.232€ 96.594€ 100.755€ 106.123€ 111.295€ 73.294€ 71.136€ 72.998€ 71.895€ 66.692€ 71.410€ 74.659€ 69.616€ 58.155
Workforce
Average FTE

HOA portfolio 2 HOAs

VME Address Municipality Region
Brussels
Brussels
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