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65
Total HOAs
1
Regions
31
Municipalities
Flanders 65 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2016–2025). Amounts in euros.

View at NBB →
💶
€ 240.190
Gross margin · 2025
▲ 29,4% vs 2024
📈
€ 53.276
Net result · 2025
▲ 2,7% vs 2024
🏦
€ 257.386
Equity · 2025
▲ 26,1% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2016
€9k
2017
€28k
2018
€54k
2019
€69k
2020
€80k
2021
€88k
2022
€96k
2023
€139k
2024
€186k
2025
€240k
Net result
After tax
2016
€5k
2017
€3k
2018
€10k
2019
€22k
2020
€28k
2021
€28k
2022
€23k
2023
€37k
2024
€52k
2025
€53k
Equity
At closing date
2016
€11k
2017
€13k
2018
€24k
2019
€36k
2020
€64k
2021
€92k
2022
€115k
2023
€152k
2024
€204k
2025
€257k
Average FTE
Full-time equivalents
2017
0.6
2018
1.0
2019
1.0
2020
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 21 May 2026
Line item2025202420232022202120202019201820172016
Income statement
Gross operating margin€ 240.190€ 185.630€ 138.751€ 96.325€ 88.101€ 79.795€ 69.203€ 53.502€ 28.085€ 9.153
Personnel costs€ -151.947€ -112.948€ -88.693€ -63.791€ -49.730€ -39.952€ -40.000€ -38.519€ -23.208
Depreciation€ -138€ -230€ -245€ -1.410
Operating result€ 74.770€ 71.125€ 49.499€ 31.913€ 37.793€ 37.304€ 27.261€ 14.241€ 4.122€ 6.941
Financial income€ 17€ 12
Financial charges€ -30€ -26€ -24€ -45€ -89
Result before tax€ 37.291€ 27.235€ 14.216€ 4.089€ 6.852
Income taxes€ -9.569€ -5.176€ -4.195€ -1.368€ -2.288
Net result€ 53.276€ 51.897€ 36.995€ 23.295€ 28.315€ 27.722€ 22.059€ 10.021€ 2.721€ 4.564
Balance sheet
Total assets€ 334.071€ 283.710€ 158.435€ 128.012€ 97.281€ 73.145€ 56.217€ 34.708€ 24.994€ 15.729
Receivables ≤ 1 year€ 4.943€ 19.128€ 16.595€ 2.463€ 1.087
Cash & equivalents€ 188.349€ 175.385€ 91.121€ 89.329€ 68.946€ 68.068€ 36.957€ 17.976€ 22.163€ 13.756
Equity€ 257.386€ 204.110€ 152.213€ 115.217€ 91.922€ 63.607€ 35.885€ 23.506€ 13.485€ 10.764
Amounts payable€ 9.538€ 20.331€ 11.202€ 11.509€ 4.965
Workforce
Average FTE1.01.01.00.6

HOA portfolio 65 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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