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

Source: NBB annual accounts (2009–2025). Amounts in euros.

View at NBB →
💶
€ 252.363
Gross margin · 2025
▲ 92,2% vs 2024
📈
€ 59.159
Net result · 2025
▲ 25,3% vs 2024
🏦
€ 281.057
Equity · 2025
▲ 26,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2009
€243k
2010
€136k
2011
€177k
2012
€135k
2013
€134k
2014
€241k
2015
€88k
2016
€100k
2017
€111k
2018
€81k
2019
€52k
2020
€45k
2021
€47k
2022
€105k
2023
€161k
2024
€131k
2025
€252k
Net result
After tax
2009
€851
2010
€119
2011
€-11k
2012
€1k
2013
€4k
2014
€52k
2015
€-52k
2016
€5k
2017
€2k
2018
€14k
2019
€3k
2020
€6k
2021
€14k
2022
€54k
2023
€55k
2024
€47k
2025
€59k
Equity
At closing date
2009
€211k
2010
€211k
2011
€209k
2012
€210k
2013
€222k
2014
€272k
2015
€218k
2016
€233k
2017
€232k
2018
€42k
2019
€45k
2020
€51k
2021
€65k
2022
€120k
2023
€175k
2024
€222k
2025
€281k
Average FTE
Full-time equivalents
2009
2.2
2010
0.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 Dec 2025
Line item20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross operating margin€ 252.363€ 131.335€ 161.066€ 105.435€ 46.517€ 45.300€ 51.807€ 81.179€ 110.738€ 100.137€ 88.247€ 240.911€ 134.455€ 134.839€ 177.107€ 136.178€ 242.927
Personnel costs€ -7.817€ -8.125€ -8.195€ -10.307€ -2.871€ -2.424€ -21.849€ -3.322€ -395€ -232€ -14.106€ -38.672
Depreciation€ -16.890€ -12.353€ -12.353€ -22.890€ -57.694€ -63.403€ -75.077€ -77.261€ -122.048€ -128.284€ -123.324€ -107.461€ -124.857
Operating result€ 195.481€ 73.231€ 109.930€ 53.632€ 24.723€ 23.386€ 12.195€ 49.613€ 48.417€ 30.423€ -1.568€ 142.749€ 17.667€ -22.144€ 34.920€ 1.854€ 70.026
Financial income€ 220€ 47€ 93€ 18.973€ 3.447€ 2.713€ 1.565€ 4.968€ 2.525€ 1.163€ 3.318€ 25.740€ 14.342
Financial charges€ -9.299€ -5.656€ -14.334€ -4.833€ -49.888€ -27.841€ -40.254€ -91.417€ -85.761€ -73.537€ -52.160€ -49.952€ -82.415
Result before tax€ 15.644€ 7.721€ 4.243€ 14.008€ 1.976€ 5.295€ -41.497€ 54.888€ 4.177€ 1.214€ -11.232€ 227€ 851
Income taxes€ -1.309€ -1.500€ -1.503€ -423€ 189€ -10.155€ -2.516€ -360€ -29€ 107€ -107
Net result€ 59.159€ 47.205€ 55.151€ 54.432€ 14.336€ 6.221€ 2.740€ 13.585€ 1.976€ 5.484€ -51.652€ 52.372€ 3.817€ 1.185€ -11.124€ 119€ 851
Balance sheet
Total assets€ 1.733.962€ 1.456.246€ 1.296.855€ 1.302.883€ 1.015.990€ 978.243€ 451.268€ 490.498€ 1.058.012€ 1.472.070€ 1.558.080€ 1.654.316€ 1.933.655€ 2.028.675€ 1.744.710€ 1.262.628€ 1.267.751
Receivables ≤ 1 year€ 137.421€ 179.392€ 131.424€ 370.063€ 91.384€ 158.921€ 139.149€ 142.744€ 39.440€ 48.207€ 81.591€ 65.060€ 38.226
Cash & equivalents€ 114.846€ 58.962€ 56.460€ 36.690€ 32.471€ 76.285€ 206.581€ 10.388€ 13.690€ 17.086€ 46.206€ 92.135€ 320.082€ 36.925€ 27.078€ 48.504€ 116.243
Equity€ 281.057€ 221.898€ 174.693€ 119.542€ 65.111€ 50.775€ 44.554€ 41.814€ 231.979€ 232.546€ 218.492€ 272.316€ 222.116€ 209.586€ 209.212€ 210.971€ 210.851
Amounts payable€ 950.879€ 927.468€ 406.714€ 448.684€ 826.033€ 1.239.524€ 1.339.588€ 1.382.000€ 1.711.539€ 1.799.089€ 1.519.498€ 1.038.657€ 1.050.100
Workforce
Average FTE0.42.2

HOA portfolio 1 HOAs

VME Address Municipality Region
Wallonia
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