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

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 26.444
Gross margin · 2025
▼ 18,2% vs 2024
📈
€ 6.681
Net result · 2025
▲ 111,9% vs 2024
🏦
€ 1.429.643
Equity · 2025
▲ 0,5% vs 2024
👥
0.0
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€509k
2008
€490k
2009
€288k
2010
€505k
2011
€848k
2012
€935k
2013
€1,1M
2014
€1,1M
2015
€1,0M
2016
€1,1M
2017
€1,0M
2018
€933k
2019
€1000k
2021
€2,0M
2022
€34k
2023
€-604k
2024
€32k
2025
€26k
Net result
After tax
2007
€23k
2008
€38k
2009
€153k
2010
€133k
2011
€83k
2012
€55k
2013
€195k
2014
€223k
2015
€61k
2016
€67k
2017
€-29k
2018
€48k
2019
€4k
2021
€994k
2022
€-13k
2023
€-746k
2024
€-56k
2025
€7k
Equity
At closing date
2007
€423k
2008
€461k
2009
€615k
2010
€747k
2011
€830k
2012
€885k
2013
€944k
2014
€1,1M
2015
€1,1M
2016
€1,2M
2017
€1,2M
2018
€1,2M
2019
€1,8M
2021
€2,6M
2022
€2,3M
2023
€1,5M
2024
€1,4M
2025
€1,4M
Average FTE
Full-time equivalents
2007
7.5
2008
7.1
2009
7.1
2010
6.6
2011
6.6
2012
7.2
2013
8.0
2014
10.1
2015
10.0
2016
10.0
2017
10.3
2018
10.0
2019
9.7
2021
2.3
2023
0.0
2024
0.0
2025
0.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 25 Oct 2025
Line item202520242023202220212019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 26.444€ 32.334€ -604.455€ 34.434€ 1.967.618€ 999.836€ 933.243€ 1.034.561€ 1.061.761€ 1.031.174€ 1.103.480€ 1.148.580€ 935.395€ 848.470€ 505.300€ 288.383€ 489.778€ 508.982
Personnel costs€ 0€ -150.068€ -645.422€ -677.681€ -686.391€ -582.511€ -562.679€ -635.856€ -574.705€ -524.042€ -429.538€ -315.860€ -295.308€ -287.001€ -292.574
Depreciation€ -26.489€ -88.583€ -61.050€ -75.781€ -105.022€ -122.289€ -116.565€ -123.772€ -124.171€ -111.734€ -92.570€ -65.261€ -60.897€ -81.964
Operating result€ 2.305€ -1.135€ -748.392€ -2.429€ 1.519.870€ 213.033€ 118.475€ 189.026€ 181.654€ 228.987€ 232.124€ 335.061€ 117.128€ 184.730€ 19.542€ -125.957€ 103.197€ 110.818
Financial income€ 8.681€ 2.120€ 8.750€ 102.019€ 1.277€ 3.945€ 58.101€ 7.946€ 20.197€ 3.405€ 302.227€ 3.541€ 1.437€ 276
Financial charges€ -31.723€ -36.899€ -44.556€ -237.836€ -45.608€ -46.442€ -52.266€ -58.015€ -47.936€ -39.155€ -39.022€ -34.722€ -43.223€ -59.069
Result before tax€ 1.496.828€ 54.096€ 82.669€ 53.210€ 137.323€ 95.281€ 265.143€ 231.346€ 97.523€ 153.388€ 191.739€ 153.367€ 68.129€ 39.299
Income taxes€ -502.847€ -49.873€ -34.905€ -82.041€ -70.165€ -34.633€ -41.765€ -36.820€ -42.661€ -70.741€ -58.863€ -63€ -29.680€ -16.197
Net result€ 6.681€ -56.300€ -746.452€ -12.793€ 993.981€ 4.224€ 47.763€ -28.832€ 67.158€ 60.648€ 223.379€ 194.525€ 54.863€ 82.647€ 132.876€ 153.303€ 38.449€ 23.102
Balance sheet
Total assets€ 1.620.846€ 1.545.179€ 1.586.214€ 2.995.830€ 3.103.600€ 3.415.129€ 2.964.561€ 2.674.168€ 2.953.922€ 2.241.481€ 2.373.882€ 2.302.534€ 2.563.787€ 2.253.469€ 1.666.984€ 1.225.045€ 1.076.939€ 1.168.757
Receivables ≤ 1 year€ 906.517€ 1.431.826€ 1.339.729€ 363.059€ 374.886€ 217.861€ 250.730€ 144.179€ 312.170€ 174.883€ 188.918€ 146.398€ 149.674€ 191.456
Cash & equivalents€ 51.812€ 9.880€ 83.133€ 7.447€ 100.023€ 33.380€ 8.404€ 34.515€ 32.582€ 17.547€ 21.943€ 21.659€ 2.535€ 26.390
Equity€ 1.429.643€ 1.422.961€ 1.531.249€ 2.277.700€ 2.581.030€ 1.848.170€ 1.199.048€ 1.151.285€ 1.180.116€ 1.112.958€ 1.052.311€ 944.073€ 884.910€ 830.047€ 747.400€ 614.525€ 461.221€ 422.772
Amounts payable€ 522.570€ 1.566.960€ 1.765.513€ 1.522.884€ 1.773.806€ 1.128.523€ 1.321.572€ 1.358.461€ 1.678.877€ 1.423.422€ 869.584€ 610.520€ 615.718€ 745.985
Workforce
Average FTE0.00.00.02.39.710.010.310.010.010.18.07.26.66.67.17.17.5

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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