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📍 Locations · 6

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15
Total HOAs
2
Regions
6
Municipalities
Flanders 14 Brussels 0 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 1.516.807
Gross margin · 2024
▲ 3,8% vs 2023
📈
€ 38.236
Net result · 2024
▼ 78,1% vs 2023
🏦
€ 908.912
Equity · 2024
▲ 4,4% vs 2023
👥
16.2
Avg FTE · 2024
▼ 16,1% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€130k
2007
€85k
2008
€59k
2009
€101k
2010
€125k
2011
€176k
2012
€698k
2013
€553k
2014
€724k
2015
€854k
2016
€1,1M
2017
€1,5M
2018
€1,5M
2019
€1,8M
2020
€1,3M
2021
€2,0M
2022
€1,4M
2023
€1,5M
2024
€1,5M
Net result
After tax
2006
€37k
2007
€6k
2008
€-23k
2009
€11k
2010
€12k
2011
€44k
2012
€2k
2013
€66
2014
€26k
2015
€35k
2016
€85k
2017
€132k
2018
€135k
2019
€267k
2020
€-19k
2021
€58k
2022
€42k
2023
€175k
2024
€38k
Equity
At closing date
2006
€45k
2007
€51k
2008
€28k
2009
€39k
2010
€51k
2011
€55k
2012
€57k
2013
€58k
2014
€58k
2015
€94k
2016
€179k
2017
€272k
2018
€398k
2019
€615k
2020
€596k
2021
€654k
2022
€696k
2023
€871k
2024
€909k
Average FTE
Full-time equivalents
2006
2.8
2007
2.0
2008
2.1
2009
2.0
2010
2.3
2011
2.6
2012
12.4
2013
12.7
2014
12.6
2015
12.9
2016
16.9
2017
17.6
2018
18.0
2019
21.4
2020
22.6
2021
23.0
2022
20.9
2023
19.3
2024
16.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 14 earlier yearsApproved 16 Sept 2025
Line item20242023202220212020
Income statement
Gross operating margin€ 1.516.807€ 1.461.318€ 1.370.347€ 1.998.750€ 1.304.184
Personnel costs€ -960.097€ -1.095.585€ -1.017.947€ -978.181€ -877.967
Depreciation€ -616.219
Operating result€ 334.356€ 114.558€ 103.778€ 87.998€ 13.795
Financial income€ 6.807
Financial charges€ -25.099
Result before tax€ -4.497
Income taxes€ -14.714
Net result€ 38.236€ 174.919€ 41.524€ 58.449€ -19.211
Balance sheet
Total assets€ 3.314.249€ 3.172.657€ 3.071.277€ 3.736.210€ 3.588.116
Receivables ≤ 1 year€ 409.136
Cash & equivalents€ 1.911.871€ 1.654.085€ 1.606.551€ 2.285.654€ 1.431.778
Equity€ 908.912€ 870.676€ 695.758€ 654.233€ 595.784
Amounts payable€ 2.992.331
Workforce
Average FTE16.219.320.923.022.6

HOA portfolio 15 HOAs

VME Address Municipality Region
Wallonia
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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