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πŸ“ Locations Β· 1

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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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πŸ“Š Key financials

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

View at NBB β†’
💶
€ 827.164
Gross margin Β· 2025
▼ 43,6% vs 2024
📈
€ -4.175.701
Net result Β· 2025
▼ 114,8% vs 2024
🏦
€ 11.485.145
Equity Β· 2025
▲ 100,4% vs 2024
👥
8.9
Avg FTE Β· 2025
▼ 4,3% vs 2024
Revenue (gross margin)
Year-on-year evolution
2018
€2,5M
2019
€2,9M
2020
€2,5M
2021
€1,5M
2022
€500k
2023
€1,5M
2025
€827k
Net result
After tax
2006
€565k
2007
€374k
2008
€508k
2009
€931k
2010
€925k
2011
€860k
2012
€-530k
2013
€264k
2014
€661k
2015
€588k
2016
€231k
2017
€829k
2018
€753k
2019
€425k
2020
€640k
2021
€-362k
2022
€-11,2M
2023
€-1,9M
2025
€-4,2M
Equity
At closing date
2006
€187k
2007
€560k
2008
€1,1M
2009
€2,0M
2010
€2,9M
2011
€3,8M
2012
€3,3M
2013
€3,5M
2014
€4,2M
2015
€4,8M
2016
€5,0M
2017
€5,8M
2018
€6,6M
2019
€7,0M
2020
€7,6M
2021
€7,3M
2022
€3,0M
2023
€5,7M
2025
€11,5M
Average FTE
Full-time equivalents
2006
5.5
2007
7.8
2008
8.1
2009
4.4
2010
2.8
2011
2.9
2012
3.0
2013
2.9
2014
2.9
2015
3.0
2016
2.9
2017
2.9
2018
3.0
2019
2.2
2020
2.8
2021
3.5
2022
5.7
2023
9.3
2025
8.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 14 earlier yearsApproved 15 May 2026
Line item20252023202220212020
Income statement
Gross operating margin€ 827.164€ 1.465.671€ 500.136€ 1.540.720€ 2.530.581
Personnel costs€ -944.927€ -887.011€ -545.088€ -336.532€ -245.688
Depreciation€ -660.962
Operating result€ -1.985.433€ -973.224€ -10.778.651€ 15.133€ 1.285.098
Financial income€ 580
Financial charges€ -420.206
Result before tax€ 865.471
Income taxes€ -226.718
Net result€ -4.175.701€ -1.943.653€ -11.220.203€ -361.609€ 640.415
Balance sheet
Total assets€ 27.549.840€ 28.209.966€ 26.936.084€ 34.477.214€ 35.468.725
Receivables ≤ 1 year€ 9.634.255
Cash & equivalents€ 123.567€ 134.447€ 20.377€ 247.324€ 91.650
Equity€ 11.485.145€ 5.730.819€ 2.987.472€ 7.283.675€ 7.645.283
Amounts payable€ 27.042.003
Workforce
Average FTE8.99.35.73.52.8
Attachments
πŸ“„ AccountantsReportPDF-4f7326a8.pdf (106 KB)πŸ“„ AccountantsReportPDF-70768699.pdf (111 KB)πŸ“„ AccountantsReportPDF-1fd14d70.pdf (111 KB)πŸ“„ ManagementReportPDF-212d1701.pdf (9 KB)πŸ“„ AccountantsReportPDF-7bee03df.pdf (204 KB)πŸ“„ ManagementReportPDF-3ebfe887.pdf (44 KB)πŸ“„ AccountantsReportPDF-b39404ae.pdf (201 KB)πŸ“„ AccountantsReportPDF-956abd21.pdf (242 KB)πŸ“„ AccountantsReportPDF-66f0e8bd.pdf (758 KB)πŸ“„ AccountantsReportPDF-8e00f138.pdf (1,3 MB)πŸ“„ AccountantsReportPDF-6f0c15e3.pdf (137 KB)πŸ“„ AccountantsReportPDF-7373478a.pdf (130 KB)πŸ“„ AccountantsReportPDF-68ae954a.pdf (152 KB)πŸ“„ ManagementReportPDF-4cd726bf.pdf (85 KB)πŸ“„ AccountantsReportPDF-619b914b.pdf (1,5 MB)πŸ“„ ManagementReportPDF-d2c167f9.pdf (103 KB)πŸ“„ AccountantsReportPDF-5486ffb5.pdf (373 KB)πŸ“„ AccountantsReportPDF-32080d30.pdf (401 KB)πŸ“„ AccountantsReportPDF-edac82f7.pdf (1,2 MB)πŸ“„ bsb1-0de2ad30.pdf (325 KB)πŸ“„ bsb1-1011a020.pdf (297 KB)πŸ“„ bsb1-bda738f7.pdf (843 KB)πŸ“„ bsb1-bbcba23e.pdf (3 MB)

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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