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📍 Locations · 2

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425
Total HOAs
1
Regions
37
Municipalities
Flanders 425 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2024). Amounts in euros.

View at NBB →
💶
€ 1.022.764
Gross margin · 2024
▲ 11,1% vs 2023
📈
€ 380.514
Net result · 2024
▲ 23,8% vs 2023
🏦
€ 1.224.153
Equity · 2024
▲ 36,2% vs 2023
👥
7.8
Avg FTE · 2024
▼ 1,3% vs 2023
Revenue (gross margin)
Year-on-year evolution
2007
€10k
2008
€-6k
2009
€-8k
2010
€3k
2011
€4k
2012
€58k
2013
€93k
2014
€101k
2015
€132k
2016
€174k
2017
€144k
2018
€247k
2019
€240k
2020
€420k
2021
€573k
2022
€736k
2023
€921k
2024
€1,0M
Net result
After tax
2007
€-11k
2008
€-9k
2009
€-9k
2010
€698
2011
€258
2012
€28k
2013
€46k
2014
€35k
2015
€46k
2016
€65k
2017
€33k
2018
€75k
2019
€66k
2020
€133k
2021
€135k
2022
€202k
2023
€307k
2024
€381k
Equity
At closing date
2007
€6k
2008
€6k
2009
€6k
2010
€6k
2011
€14k
2012
€22k
2013
€68k
2014
€103k
2015
€104k
2016
€139k
2017
€172k
2018
€217k
2019
€284k
2020
€382k
2021
€471k
2022
€615k
2023
€899k
2024
€1,2M
Average FTE
Full-time equivalents
2012
0.1
2013
0.1
2014
0.2
2015
0.2
2016
0.8
2017
1.7
2018
3.2
2019
3.2
2020
5.8
2021
7.6
2022
7.0
2023
7.9
2024
7.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 13 earlier yearsApproved 25 Jun 2025
Line item20242023202220212020
Income statement
Gross operating margin€ 1.022.764€ 920.651€ 735.965€ 572.717€ 420.248
Personnel costs€ -391.787€ -378.944€ -329.020€ -285.648€ -201.495
Depreciation€ -26.440
Operating result€ 558.463€ 453.385€ 241.398€ 193.316€ 191.270
Financial income€ 429
Financial charges€ -1.503
Result before tax€ 190.196
Income taxes€ -57.012
Net result€ 380.514€ 307.443€ 201.774€ 135.034€ 133.184
Balance sheet
Total assets€ 1.588.806€ 1.256.087€ 996.617€ 570.558€ 447.413
Receivables ≤ 1 year€ 101.155
Cash & equivalents€ 364.300€ 213.674€ 109.605€ 325.441€ 227.453
Equity€ 1.224.153€ 898.989€ 614.954€ 470.833€ 382.158
Amounts payable€ 65.255
Workforce
Average FTE7.87.97.07.65.8

HOA portfolio 425 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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