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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 recent years onlyApproved 25 Jun 2025
Line item202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 1.022.764€ 920.651€ 735.965€ 572.717€ 420.248€ 240.357€ 247.186€ 144.493€ 174.032€ 131.566€ 100.820€ 93.460€ 58.179€ 4.084€ 2.739€ -7.989€ -6.403€ 9.968
Personnel costs€ -391.787€ -378.944€ -329.020€ -285.648€ -201.495€ -107.203€ -110.078€ -53.189€ -24.897€ -5.726€ -2.034€ -2.484€ -1.897
Depreciation€ -26.440€ -36.272€ -34.363€ -37.791€ -34.861€ -41.260€ -33.465€ -24.438€ -14.177€ -2.651€ -122€ -524€ -1.174€ -18.830
Operating result€ 558.463€ 453.385€ 241.398€ 193.316€ 191.270€ 93.969€ 101.928€ 49.537€ 110.819€ 81.883€ 59.797€ 65.387€ 40.112€ 1.390€ 750€ -9.102€ -8.214€ -9.547
Financial income€ 429€ 479€ 520€ 581€ 276€ 191€ 128€ 31€ 26€ 1€ 90€ 50€ 20
Financial charges€ -1.503€ -1.745€ -1.676€ -1.232€ -1.001€ -949€ -1.204€ -296€ -42€ -196€ -142€ -214€ -585€ -1.113
Result before tax€ 190.196€ 92.703€ 100.772€ 48.886€ 110.094€ 81.125€ 58.695€ 65.122€ 40.096€ 258€ 698€ -9.316€ -8.749€ -10.640
Income taxes€ -57.012€ -26.602€ -25.422€ -15.478€ -45.330€ -34.765€ -24.134€ -19.533€ -11.797€ 2€ -3
Net result€ 380.514€ 307.443€ 201.774€ 135.034€ 133.184€ 66.101€ 75.350€ 33.408€ 64.764€ 46.360€ 34.561€ 45.589€ 28.299€ 258€ 698€ -9.316€ -8.747€ -10.643
Balance sheet
Total assets€ 1.588.806€ 1.256.087€ 996.617€ 570.558€ 447.413€ 328.179€ 273.473€ 229.382€ 196.793€ 153.800€ 117.146€ 85.068€ 60.931€ 16.473€ 17.231€ 14.036€ 15.561€ 22.088
Receivables ≤ 1 year€ 101.155€ 102.053€ 107.298€ 71.471€ 27.004€ 30.988€ 12.109€ 9.000€ 8.707€ 4.389€ 485€ 147€ 839€ 2.220
Cash & equivalents€ 364.300€ 213.674€ 109.605€ 325.441€ 227.453€ 126.171€ 52.212€ 52.753€ 121.128€ 40.147€ 19.348€ 4.801€ 2.564€ 1.480€ 582€ 311€ 987€ 4.002
Equity€ 1.224.153€ 898.989€ 614.954€ 470.833€ 382.158€ 283.535€ 217.434€ 172.084€ 138.674€ 103.911€ 102.550€ 67.989€ 22.400€ 14.101€ 6.443€ 5.745€ 5.745€ 5.746
Amounts payable€ 65.255€ 44.644€ 56.039€ 57.298€ 58.119€ 49.889€ 14.596€ 17.079€ 38.531€ 2.372€ 10.788€ 8.291€ 9.816€ 16.342
Workforce
Average FTE7.87.97.07.65.83.23.21.70.80.20.20.10.1

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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