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SANDHILL CORPORATION

📍 Zandberg 19, 2260 Westerlo FlandersCBE start date: 04 Feb 2002

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📍 Locations · 1

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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 (2009–2024). Amounts in euros.

View at NBB →
💶
€ 12.518
Gross margin · 2024
▼ 3,8% vs 2023
📈
€ 7.384
Net result · 2024
▼ 8% vs 2023
🏦
€ 49.404
Equity · 2024
▲ 12,5% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2009
€15k
2010
€22k
2011
€22k
2012
€22k
2013
€22k
2014
€23k
2015
€23k
2016
€15k
2017
€11k
2018
€12k
2019
€12k
2020
€14k
2021
€10k
2022
€3k
2023
€13k
2024
€13k
Net result
After tax
2009
€-8k
2010
€-260
2011
€10k
2012
€7k
2013
€8k
2014
€10k
2015
€4k
2016
€5k
2017
€1k
2018
€2k
2019
€3k
2020
€4k
2021
€642
2022
€1k
2023
€8k
2024
€7k
Equity
At closing date
2009
€9k
2010
€9k
2011
€19k
2012
€26k
2013
€34k
2014
€44k
2015
€48k
2016
€53k
2017
€54k
2018
€56k
2019
€49k
2020
€53k
2021
€44k
2022
€41k
2023
€44k
2024
€49k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 11 earlier yearsApproved 08 May 2025
Line item20242023202220212020
Income statement
Gross operating margin€ 12.518€ 13.015€ 2.647€ 9.536€ 14.166
Personnel costs€ -316€ -648€ -629
Depreciation€ -6.882
Operating result€ 10.211€ 11.094€ 1.550€ 934€ 4.945
Financial income
Financial charges€ -41
Result before tax€ 4.904
Income taxes€ -1.398
Net result€ 7.384€ 8.029€ 1.088€ 642€ 3.506
Balance sheet
Total assets€ 51.606€ 46.327€ 44.850€ 47.991€ 56.482
Receivables ≤ 1 year
Cash & equivalents€ 8.053€ 3.514€ 277€ 5.010€ 8.379
Equity€ 49.404€ 43.925€ 40.849€ 44.442€ 52.537
Amounts payable€ 3.945
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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