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📍 Locations · 1

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1
Total HOAs
0 direct + 1 via acquisitions
1
Regions
1
Municipalities
Flanders 0 Brussels 1 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2025). Amounts in euros.

View at NBB →
💶
€ 164.666
Gross margin · 2025
▲ 56,1% vs 2024
📈
€ 59.798
Net result · 2025
▲ 44,6% vs 2024
🏦
€ 72.791
Equity · 2025
▲ 15,6% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€76k
2012
€-8k
2013
€77k
2014
€77k
2015
€47k
2016
€70k
2017
€49k
2018
€38k
2019
€30k
2020
€66k
2021
€88k
2022
€50k
2023
€106k
2025
€165k
Net result
After tax
2011
€-32k
2012
€-35k
2013
€50k
2014
€19k
2015
€14k
2016
€-27k
2017
€28k
2018
€17k
2019
€9k
2020
€29k
2021
€50k
2022
€11k
2023
€41k
2025
€60k
Equity
At closing date
2011
€-26k
2012
€-49k
2013
€2k
2014
€20k
2015
€34k
2016
€8k
2017
€36k
2018
€52k
2019
€61k
2020
€60k
2021
€60k
2022
€72k
2023
€63k
2025
€73k
Average FTE
Full-time equivalents
1.0
2020
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 07 Jun 2025
Line item20252023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 164.666€ 105.514€ 50.241€ 88.445€ 65.690€ 29.516€ 38.116€ 48.727€ 70.431€ 46.662€ 77.340€ 77.291€ -8.132€ 76.227
Personnel costs€ -1.520€ -3.040€ -3.040€ -3.040€ -248
Depreciation€ -7.663€ -389€ -388€ -388€ -89€ -118€ -148
Operating result€ 99.147€ 70.005€ 30.884€ 74.991€ 50.338€ 29.516€ 37.727€ 48.339€ 70.043€ 45.662€ 44.597€ 77.122€ -8.410€ 75.506
Financial income€ 0€ 1.246
Financial charges€ -10.506€ -17.754€ -16.812€ -19.767€ -21.852€ -24.235€ -24.783€ -28.366€ -29.959€ -33.932
Result before tax€ 39.832€ 11.762€ 20.915€ 28.572€ -26.809€ 21.427€ 19.814€ 50.320€ -35.173€ -32.180
Income taxes€ -11.002€ -2.762€ -4.276€ -427€ -7.216€ -1.095€ -8
Net result€ 59.798€ 41.344€ 11.425€ 49.931€ 28.830€ 9.000€ 16.639€ 28.145€ -26.809€ 14.211€ 18.719€ 50.320€ -35.173€ -32.188
Balance sheet
Total assets€ 1.151.241€ 477.808€ 487.745€ 498.527€ 558.870€ 500.000€ 502.607€ 501.955€ 502.282€ 576.518€ 586.573€ 609.450€ 607.936€ 603.615
Receivables ≤ 1 year€ 89.302€ 8.804€ 34.335€ 32.732€ 27.593
Cash & equivalents€ 0€ 1.169€ 270€ 9.352€ 13.550€ 2.482€ 1.441€ 1.380€ 1.393€ 2.654
Equity€ 72.791€ 62.993€ 71.649€ 60.224€ 60.293€ 61.464€ 52.464€ 35.825€ 7.680€ 34.489€ 20.278€ 1.559€ -48.761€ -25.988
Amounts payable€ 498.577€ 438.536€ 450.143€ 466.130€ 494.602€ 542.029€ 566.295€ 607.891€ 656.697€ 629.603
Workforce
Average FTE1.0

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
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HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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