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4
Total HOAs
1
Regions
1
Municipalities
Flanders 4 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 102.855
Gross margin · 2024
▲ 30,2% vs 2023
📈
€ 2.829
Net result · 2024
▼ 68,7% vs 2023
🏦
€ 202.060
Equity · 2024
▲ 1,4% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€53k
2008
€48k
2009
€32k
2010
€41k
2011
€102k
2012
€96k
2013
€131k
2014
€95k
2015
€100k
2016
€95k
2017
€88k
2018
€103k
2019
€112k
2020
€87k
2021
€97k
2022
€121k
2023
€79k
2024
€103k
Net result
After tax
2006
€-3k
2008
€-14k
2009
€5k
2010
€9k
2011
€22k
2012
€21k
2013
€5k
2014
€14k
2015
€14k
2016
€12k
2017
€6k
2018
€11k
2019
€22k
2020
€9k
2021
€15k
2022
€53k
2023
€9k
2024
€3k
Equity
At closing date
2006
€17k
2008
€6k
2009
€11k
2010
€20k
2011
€36k
2012
€54k
2013
€57k
2014
€69k
2015
€80k
2016
€92k
2017
€98k
2018
€109k
2019
€131k
2020
€140k
2021
€155k
2022
€190k
2023
€199k
2024
€202k
Average FTE
Full-time equivalents
2006
1.1
2008
1.0
2009
0.2
2010
0.3
2011
1.0
2012
1.3
2013
1.6
2014
1.0
2015
1.0
2016
1.0
2017
1.0
2018
0.9
2019
0.8
2020
0.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 20 Jun 2025
Line item202420232022202120202019201820172016201520142013201220112010200920082006
Income statement
Gross operating margin€ 102.855€ 78.970€ 120.543€ 97.079€ 87.418€ 112.435€ 102.507€ 87.715€ 94.835€ 100.427€ 95.214€ 130.922€ 96.242€ 101.691€ 40.645€ 32.421€ 48.446€ 53.336
Personnel costs€ -66.165€ -39.343€ -34.518€ -33.655€ -25.394€ -26.208€ -28.816€ -35.609€ -32.951€ -28.593€ -26.137€ -60.138€ -46.408€ -36.023€ -11.162€ -7.413€ -41.271€ -51.939
Depreciation€ -34.889€ -33.808€ -10.464€ -24.401€ -28.249€ -35.940€ -34.303€ -35.962€ -14.311€ -25.187€ -13.210€ -11.223€ -16.041€ -3.648
Operating result€ 6.787€ 16.836€ 66.163€ 25.857€ 16.489€ 33.237€ 23.755€ 20.976€ 27.824€ 29.670€ 29.600€ 19.227€ 31.889€ 38.140€ 15.020€ 12.584€ -13.013€ -3.082
Financial income€ 17€ 25€ 29€ 44€ 820€ 114€ 237€ 60€ 36€ 95€ 14
Financial charges€ -2.290€ -2.735€ -4.317€ -2.579€ -3.753€ -4.565€ -4.956€ -3.465€ -879€ -269€ -458€ -761€ -1.143€ -97
Result before tax€ 14.216€ 30.502€ 19.438€ 18.397€ 24.096€ 25.134€ 24.688€ 16.582€ 31.124€ 38.108€ 14.622€ 11.859€ -14.061€ -3.165
Income taxes€ -5.411€ -8.104€ -8.299€ -12.488€ -12.588€ -11.101€ -10.527€ -11.229€ -10.589€ -16.471€ -5.370€ -7.144€ -14
Net result€ 2.829€ 9.042€ 52.604€ 15.081€ 8.805€ 22.398€ 11.139€ 5.909€ 11.508€ 14.033€ 14.161€ 5.353€ 20.535€ 21.637€ 9.252€ 4.715€ -14.075€ -3.165
Balance sheet
Total assets€ 272.610€ 313.848€ 267.420€ 257.966€ 302.146€ 366.738€ 276.066€ 289.352€ 298.306€ 304.586€ 296.287€ 312.189€ 103.370€ 134.673€ 75.000€ 55.458€ 59.766€ 41.243
Receivables ≤ 1 year€ 35.024€ 48.020€ 51.793€ 41.409€ 45.598€ 23.328€ 8.462€ 2.479€ 12.995€ 15.999€ 23.572€ 20.966€ 16.899€ 6.530
Cash & equivalents€ 7.435€ 8.522€ 29.588€ 23.715€ 12.942€ 26.464€ 16.993€ 56.723€ 25.995€ 27.395€ 15.809€ 15.769€ 47.949€ 61.996€ 34.270€ 10.487€ 26.768
Equity€ 202.060€ 199.231€ 190.189€ 155.002€ 139.921€ 131.116€ 108.719€ 97.580€ 91.671€ 80.163€ 68.730€ 57.169€ 54.416€ 36.481€ 19.844€ 10.592€ 5.877€ 16.835
Amounts payable€ 162.225€ 235.622€ 167.347€ 191.772€ 206.635€ 224.423€ 227.557€ 255.020€ 48.954€ 98.192€ 55.156€ 44.866€ 53.889€ 24.408
Workforce
Average FTE0.80.80.91.01.01.01.01.61.31.00.30.21.01.1

HOA portfolio 4 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
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