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📍 Locations · 1

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

Source: NBB annual accounts (2010–2025). Amounts in euros.

View at NBB →
💶
€ 39.251
Gross margin · 2025
▼ 41,2% vs 2024
📈
€ 17.677
Net result · 2025
▼ 57,2% vs 2024
🏦
€ 83.007
Equity · 2025
▲ 27,1% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2010
€7k
2011
€7k
2012
€3k
2013
€6k
2014
€-2k
2015
€3k
2016
€18k
2017
€28k
2018
€39k
2019
€55k
2020
€-21k
2021
€-8k
2022
€14k
2023
€4k
2024
€67k
2025
€39k
Net result
After tax
2010
€2k
2011
€3k
2012
€-639
2013
€2k
2014
€-5k
2015
€-8k
2016
€281
2017
€7k
2018
€-6k
2019
€170k
2020
€-31k
2021
€-21k
2022
€5k
2023
€534
2024
€41k
2025
€18k
Equity
At closing date
2010
€8k
2011
€11k
2012
€10k
2013
€12k
2014
€7k
2015
€-349
2016
€-68
2017
€7k
2018
€742
2019
€171k
2020
€139k
2021
€118k
2022
€123k
2023
€124k
2024
€65k
2025
€83k
Average FTE
Full-time equivalents
0.8
2019
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 05 Mar 2026
Line item2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross operating margin€ 39.251€ 66.792€ 4.167€ 13.703€ -8.209€ -21.141€ 55.166€ 39.444€ 28.359€ 18.055€ 3.088€ -2.470€ 6.096€ 3.067€ 7.222€ 7.190
Personnel costs€ -1.093€ -26.608
Depreciation€ -6.148€ -6.486€ -13.768€ -12.679€ -12.867€ -8.635€ -1.101€ -1.511€ -1.965€ -1.965€ -2.815
Operating result€ 30.875€ 55.551€ 1.923€ 7.311€ -15.018€ -29.435€ 19.531€ 24.064€ 14.061€ 3.639€ -7.475€ -3.972€ 4.184€ 702€ 5.206€ 4.264
Financial income€ 1€ 8€ 4.005€ 1€ 0€ 0€ 1€ 0€ 2€ 2€ 5
Financial charges€ -2.030€ -1.073€ -3.454€ -2.391€ -1.288€ -225€ -415€ -50€ -43€ -39€ -56
Result before tax€ -31.859€ 184.810€ -734€ 11.304€ 2.306€ -7.700€ -4.386€ 4.133€ 661€ 5.170€ 4.213
Income taxes€ 456€ -14.779€ -5.184€ -4.576€ -2.024€ -75€ -328€ -2.289€ -1.300€ -2.375€ -2.274
Net result€ 17.677€ 41.328€ 534€ 5.105€ -21.005€ -31.403€ 170.031€ -5.918€ 6.728€ 281€ -7.775€ -4.714€ 1.845€ -639€ 2.795€ 1.939
Balance sheet
Total assets€ 124.757€ 212.274€ 179.452€ 192.375€ 202.467€ 237.313€ 220.275€ 59.882€ 194.363€ 60.900€ 28.868€ 10.489€ 17.242€ 12.405€ 13.622€ 11.386
Receivables ≤ 1 year€ 17.620€ 4.040€ 20.803€ 14.102€ 16.976€ 1.175€ 12.002€ 7.701€ 2.252€ 6.027
Cash & equivalents€ 29.942€ 134.676€ 98.976€ 109.317€ 114.743€ 131.513€ 195.510€ 12.295€ 3.777€ 1.122€ 3.087€ 6.475€ 2.456€ 2.988€ 7.708€ 32
Equity€ 83.007€ 65.331€ 124.003€ 123.469€ 118.364€ 139.369€ 170.773€ 742€ 6.660€ -68€ -349€ 7.426€ 12.140€ 10.295€ 10.934€ 8.139
Amounts payable€ 97.943€ 49.502€ 59.140€ 187.703€ 60.968€ 29.217€ 3.063€ 5.102€ 2.110€ 2.688€ 3.247
Workforce
Average FTE0.8

HOA portfolio 2 HOAs

VME Address Municipality Region
Wallonia
Wallonia
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