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📍 Locations · 2

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1
Total HOAs
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 (2006-2025). Amounts in euros.

View at NBB →
💶
€ 192.587
Gross margin · 2025
▲ 24,7% vs 2024
📈
€ 61.233
Net result · 2025
▲ 256,5% vs 2024
🏦
€ 228.386
Equity · 2025
▲ 31,7% vs 2024
👥
1.5
Avg FTE · 2025
▼ 28,6% vs 2024
Revenue (gross margin)
Year-on-year evolution
2006
€2k
2007
€9k
2008
€9k
2009
€15k
2010
€12k
2011
€12k
2012
€18k
2013
€30k
2014
€35k
2015
€61k
2016
€52k
2017
€51k
2018
€81k
2019
€85k
2020
€57k
2021
€77k
2022
€122k
2023
€130k
2024
€154k
2025
€193k
Net result
After tax
2006
€-9k
2007
€338
2008
€664
2009
€1k
2010
€652
2011
€309
2012
€4k
2013
€938
2014
€547
2015
€11k
2016
€2k
2017
€-11k
2018
€14k
2019
€9k
2020
€7k
2021
€10k
2022
€13k
2023
€15k
2024
€17k
2025
€61k
Equity
At closing date
2006
€-5k
2007
€-5k
2008
€2k
2009
€3k
2010
€16k
2011
€16k
2012
€19k
2013
€21k
2014
€22k
2015
€35k
2016
€66k
2017
€55k
2018
€122k
2019
€147k
2020
€147k
2021
€150k
2022
€156k
2023
€163k
2024
€173k
2025
€228k
Average FTE
Full-time equivalents
2013
0.6
2014
1.0
2015
1.0
2016
1.0
2017
1.0
2018
1.0
2019
1.0
2020
1.0
2022
1.3
2023
1.6
2024
2.1
2025
1.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 19 Jun 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 192.587€ 154.447€ 129.856€ 122.038€ 76.589€ 56.772€ 85.375€ 80.870€ 50.965€ 52.288€ 61.145€ 35.484€ 29.817€ 18.252€ 12.497€ 11.589€ 14.607€ 9.278€ 9.331€ 2.217
Personnel costs€ -74.056€ -88.512€ -70.762€ -67.607€ -39.620€ -23.123€ -27.715€ -28.500€ -27.295€ -24.422€ -22.444€ -19.836€ -10.125-------
Depreciation-----€ -18.608€ -22.228€ -21.886€ -22.864€ -20.103€ -9.403€ -3.707€ -9.756€ -7.805€ -8.695€ -8.282€ -8.713€ -4.261€ -8.050€ -7.818
Operating result€ 86.953€ 38.111€ 29.724€ 25.094€ 14.924€ 9.288€ 15.739€ 25.823€ -3.203€ 4.441€ 16.014€ 3.323€ 3.655€ 9.251€ 2.399€ 2.110€ 3.942€ 2.876€ 294€ -8.058
Financial income-----€ 4.007€ 4.128€ 744€ 629€ 643€ 1.002€ 78€ 38-€ 177€ 623€ 456€ 15€ 1€ 25
Financial charges-----€ -6.041€ -7.971€ -12.976€ -9.852€ -1.569€ -1.442€ -1.354€ -1.158€ -1.269€ -867€ -1.852€ -1.590€ -952€ -355€ -705
Result before tax-----€ 11.481€ 11.896€ 13.591€ -12.426€ 3.515€ 15.679€ 2.047€ 2.535€ 7.982€ 1.709€ 1.505€ 2.808€ 2.080€ 333€ -8.739
Income taxes-----€ -4.200€ -3.040€ -13€ 1.384€ -1.694€ -5.016€ -1.500€ -1.597€ -3.657€ -1.400€ -853€ -1.331€ -1.416€ 5€ -2
Net result€ 61.233€ 17.178€ 14.859€ 12.826€ 10.001€ 7.281€ 8.856€ 13.578€ -11.042€ 1.821€ 10.663€ 547€ 938€ 4.325€ 309€ 652€ 1.477€ 664€ 338€ -8.741
Balance sheet
Total assets€ 667.311€ 627.493€ 743.938€ 632.677€ 654.282€ 636.688€ 619.754€ 582.382€ 573.684€ 503.387€ 204.343€ 95.982€ 90.502€ 44.768€ 36.162€ 59.186€ 47.602€ 23.104€ 18.684€ 26.583
Receivables ≤ 1 year-----€ 100.724€ 77.815€ 48.874€ 55.443€ 41.519€ 79.574€ 49.649€ 48.398€ 22.999€ 8.347€ 22.752€ 16.851€ 7.495€ 5.210€ 1.605
Cash & equivalents€ 147.666€ 48.813€ 0€ 15.624€ 36.048€ 61.223€ 73.140€ 28.221--€ 69.491€ 19.509€ 6.637€ 5.295€ 9.075€ 11.737-€ 10.113€ 2.384€ 7.048
Equity€ 228.386€ 173.446€ 163.426€ 155.728€ 150.062€ 147.221€ 147.098€ 121.961€ 54.576€ 66.197€ 34.955€ 21.976€ 21.429€ 18.891€ 16.416€ 16.107€ 3.455€ 1.978€ -4.686€ -5.024
Amounts payable-----€ 489.467€ 472.656€ 460.421€ 519.108€ 437.190€ 169.388€ 74.006€ 69.073€ 25.877€ 19.746€ 43.079€ 44.147€ 21.126€ 23.370€ 31.608
Workforce
Average FTE1.52.11.61.3-1.01.01.01.01.01.01.00.6-------

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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