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📍 Locations · 1

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70
Total HOAs
1
Regions
15
Municipalities
Flanders 70 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 195.025
Gross margin · 2025
▲ 25,4% vs 2024
📈
€ 34.461
Net result · 2025
▲ 93,9% vs 2024
🏦
€ 106.820
Equity · 2025
▲ 22,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€4k
2007
€3k
2008
€8k
2009
€22k
2010
€19k
2011
€27k
2012
€42k
2013
€46k
2014
€57k
2015
€60k
2016
€68k
2017
€71k
2018
€69k
2019
€82k
2020
€96k
2021
€84k
2022
€106k
2023
€112k
2024
€155k
2025
€195k
Net result
After tax
2006
€3k
2007
€2k
2008
€584
2009
€11k
2010
€8k
2011
€7k
2012
€13k
2013
€11k
2014
€734
2015
€-2k
2016
€5k
2017
€1k
2018
€4k
2019
€7k
2020
€13k
2021
€9k
2022
€25k
2023
€8k
2024
€18k
2025
€34k
Equity
At closing date
2006
€3k
2007
€5k
2008
€6k
2009
€16k
2010
€25k
2011
€32k
2012
€45k
2013
€55k
2014
€56k
2015
€54k
2016
€59k
2017
€60k
2018
€64k
2019
€46k
2020
€59k
2021
€68k
2022
€93k
2023
€82k
2024
€87k
2025
€107k
Average FTE
Full-time equivalents
2011
0.2
2012
0.4
2013
0.9
2014
1.0
2015
1.2
2016
1.4
2017
1.2
2018
1.2
2019
1.3
2020
1.3
2021
1.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 15 earlier yearsApproved 20 Feb 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 195.025€ 155.474€ 112.467€ 105.529€ 84.092
Personnel costs€ -119.525€ -105.651€ -81.301€ -70.078€ -63.667
Depreciation€ -5.666
Operating result€ 57.098€ 27.323€ 12.932€ 24.730€ 13.885
Financial income
Financial charges€ -169
Result before tax€ 13.541
Income taxes€ -4.398
Net result€ 34.461€ 17.773€ 7.518€ 25.327€ 9.143
Balance sheet
Total assets€ 182.290€ 144.195€ 152.794€ 150.930€ 106.873
Receivables ≤ 1 year€ 21.515
Cash & equivalents€ 110.721€ 58.138€ 50.603€ 34.877€ 37.204
Equity€ 106.820€ 87.326€ 81.852€ 93.454€ 68.127
Amounts payable€ 38.746
Workforce
Average FTE1.5
Attachments

HOA portfolio 70 HOAs

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