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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 (2007–2025). Amounts in euros.

View at NBB →
💶
€ 77.866
Gross margin · 2025
▼ 4,3% vs 2024
📈
€ -34.476
Net result · 2025
▲ 30,3% vs 2024
🏦
€ 1.333.107
Equity · 2025
▼ 2,5% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€91k
2008
€94k
2009
€137k
2010
€198k
2011
€133k
2012
€138k
2013
€165k
2014
€149k
2015
€144k
2016
€124k
2017
€135k
2018
€182k
2019
€152k
2020
€146k
2021
€93k
2023
€54k
2024
€81k
2025
€78k
Net result
After tax
2007
€-29k
2008
€-4k
2009
€37k
2010
€113k
2011
€57k
2012
€60k
2013
€81k
2014
€55k
2015
€-51k
2016
€-62k
2017
€-84k
2018
€-7k
2019
€13k
2020
€35k
2021
€-14k
2023
€-90k
2024
€-49k
2025
€-34k
Equity
At closing date
2007
€1,6M
2008
€1,6M
2009
€1,6M
2010
€1,7M
2011
€1,8M
2012
€1,5M
2013
€1,5M
2014
€1,6M
2015
€1,5M
2016
€1,5M
2017
€1,4M
2018
€1,4M
2019
€1,4M
2020
€1,4M
2021
€1,4M
2023
€1,4M
2024
€1,4M
2025
€1,3M
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 14 Oct 2025
Line item202520242023202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 77.866€ 81.347€ 54.068€ 93.110€ 145.768€ 152.479€ 182.381€ 134.780€ 124.252€ 144.396€ 149.401€ 165.078€ 137.517€ 133.109€ 197.581€ 136.762€ 93.867€ 91.246
Personnel costs
Depreciation€ -79.731€ -90.150€ -92.241€ -170.870€ -146.512€ -184.757€ -72.448€ -73.455€ -73.005€ -70.285€ -74.233€ -88.484€ -88.099€ -114.127
Operating result€ -17.123€ -26.655€ -122.536€ -10.881€ 48.429€ 47.637€ 27.743€ -48.274€ -34.356€ -47.514€ 52.931€ 79.545€ 53.101€ 51.681€ 112.241€ 37.184€ -4.891€ -33.004
Financial income€ 26€ 147€ 1.888€ 1.733€ 6.688€ 5.111€ 796€ 344€ 613€ 3.931
Financial charges€ -13.378€ -34.157€ -35.012€ -35.711€ -27.963€ -3.805€ -198€ -200€ -171€ -185€ -175€ -172€ -166€ -164
Result before tax€ 35.051€ 13.480€ -7.269€ -83.959€ -62.319€ -51.172€ 54.621€ 81.078€ 59.618€ 56.607€ 112.862€ 37.356€ -4.444€ -29.237
Income taxes€ -22€ -229€ -141€ -22
Net result€ -34.476€ -49.494€ -89.626€ -13.651€ 35.029€ 13.251€ -7.411€ -83.959€ -62.319€ -51.172€ 54.599€ 81.078€ 59.618€ 56.607€ 112.862€ 37.356€ -4.444€ -29.237
Balance sheet
Total assets€ 1.865.392€ 1.972.481€ 2.324.894€ 1.926.955€ 1.860.784€ 2.455.538€ 2.520.896€ 2.485.214€ 2.633.849€ 2.041.748€ 1.646.718€ 1.537.787€ 1.477.327€ 1.777.691€ 1.741.103€ 1.625.088€ 1.580.946€ 1.651.704
Receivables ≤ 1 year€ 4.370€ 3.699€ 115.219€ 157.683€ 3.662€ 3.456€ 3.567€ 10.510€ 3.189€ 2.383€ 1.479€ 39.381€ 958€ 848
Cash & equivalents€ 245.631€ 274.112€ 55.502€ 169.082€ 103.889€ 629.895€ 494.276€ 201.902€ 761.693€ 404.761€ 478.329€ 287.944€ 52.561€ 59.586€ 84.471€ 76.047€ 5.879€ 10.622
Equity€ 1.333.107€ 1.367.583€ 1.417.078€ 1.417.522€ 1.431.173€ 1.396.144€ 1.382.893€ 1.390.303€ 1.474.262€ 1.536.581€ 1.587.753€ 1.533.154€ 1.452.076€ 1.767.458€ 1.710.851€ 1.597.989€ 1.560.633€ 1.565.077
Amounts payable€ 422.608€ 1.052.391€ 1.131.000€ 1.087.908€ 1.152.584€ 498.164€ 46.965€ 4.633€ 25.251€ 10.233€ 30.252€ 27.099€ 20.313€ 86.627
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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