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5
Total HOAs
1
Regions
3
Municipalities
Flanders 5 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2012–2025). Amounts in euros.

View at NBB →
💶
€ -3.039
Gross margin · 2025
▼ 101,7% vs 2024
📈
€ 2.701
Net result · 2025
▼ 95,2% vs 2024
🏦
€ 158.057
Equity · 2025
▲ 1,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2012
€131k
2013
€109k
2014
€207k
2015
€252k
2016
€290k
2017
€164k
2018
€152k
2019
€78k
2020
€90k
2021
€126k
2022
€139k
2023
€198k
2024
€177k
2025
€-3k
Net result
After tax
2012
€4k
2013
€599
2014
€96k
2015
€135k
2016
€139k
2017
€34k
2018
€31k
2019
€-45k
2020
€9k
2021
€12k
2022
€2k
2023
€23k
2024
€56k
2025
€3k
Equity
At closing date
2012
€10k
2013
€11k
2014
€17k
2015
€27k
2016
€42k
2017
€76k
2018
€106k
2019
€61k
2020
€69k
2021
€82k
2022
€75k
2023
€99k
2024
€155k
2025
€158k
Average FTE
Full-time equivalents
2012
3.0
2013
2.0
2014
2.0
2015
3.0
2016
3.0
2017
3.0
2018
2.0
2019
2.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 20 Mar 2026
Line item20252024202320222021202020192018201720162015201420132012
Income statement
Gross operating margin€ -3.039€ 176.593€ 197.696€ 139.217€ 126.289€ 90.322€ 78.366€ 151.651€ 163.846€ 290.467€ 251.698€ 207.237€ 109.207€ 130.808
Personnel costs€ 0€ -90.895€ -169.809€ -136.594€ -113.701€ -82.983€ -109.979€ -104.060€ -111.311€ -139.882€ -115.410€ -108.685€ -122.739€ -121.229
Depreciation
Operating result€ -3.629€ 85.011€ 27.223€ 2.329€ 12.298€ 6.753€ -43.863€ 47.461€ 52.408€ 150.460€ 136.163€ 98.428€ 1.445€ 9.345
Financial income€ 100€ 298€ 280€ 108€ 404€ 727€ 926€ 1.402€ 116
Financial charges€ -79€ -483€ -326€ -190€ -114€ -133€ -243€ -110€ -161
Result before tax€ 8.699€ -44.048€ 47.415€ 52.326€ 150.750€ 136.757€ 99.111€ 2.887€ 9.300
Income taxes€ -13€ -1.368€ -16.722€ -18.353€ -11.700€ -1.647€ -2.619€ -2.288€ -5.323
Net result€ 2.701€ 56.440€ 23.461€ 2.397€ 12.279€ 8.687€ -45.416€ 30.693€ 33.973€ 139.050€ 135.110€ 96.492€ 599€ 3.977
Balance sheet
Total assets€ 175.592€ 206.656€ 194.620€ 160.539€ 159.820€ 206.907€ 116.446€ 298.256€ 263.616€ 73.577€ 177.522€ 137.128€ 69.338€ 44.873
Receivables ≤ 1 year€ 26.747€ 7.327€ 992€ 438€ 5.753€ 52.238€ 2.756€ 290€ 2.231
Cash & equivalents€ 131.094€ 171.115€ 194.595€ 160.408€ 154.567€ 179.887€ 926€ 27.475€ 627€ 7.649€ 1.199€ 2.906€ 133€ 53
Equity€ 158.057€ 155.355€ 98.915€ 75.453€ 81.744€ 69.464€ 60.778€ 106.194€ 75.501€ 41.528€ 27.478€ 17.368€ 10.876€ 10.277
Amounts payable€ 137.443€ 55.668€ 192.062€ 188.115€ 32.049€ 150.044€ 119.760€ 58.462€ 34.596
Workforce
Average FTE2.02.03.03.03.02.02.03.0

HOA portfolio 5 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
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