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📍 Locations · 2

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1
Total HOAs
1
Regions
1
Municipalities
Flanders 1 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 →
💶
€ 39.270
Gross margin · 2024
▼ 32,5% vs 2023
📈
€ -4.058
Net result · 2024
▼ 161,7% vs 2023
🏦
€ 165.874
Equity · 2024
▼ 5,2% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€13k
2007
€50k
2008
€26k
2009
€56k
2010
€67k
2011
€57k
2012
€69k
2013
€79k
2014
€59k
2015
€46k
2016
€52k
2017
€60k
2018
€58k
2019
€48k
2020
€59k
2021
€62k
2022
€61k
2023
€58k
2024
€39k
Net result
After tax
2006
€-17k
2007
€-722
2008
€-20k
2009
€1k
2010
€-13k
2011
€2k
2012
€10k
2013
€5k
2014
€-6k
2015
€15k
2016
€5k
2017
€9k
2018
€7k
2019
€-5k
2020
€5k
2021
€3k
2022
€1k
2023
€7k
2024
€-4k
Equity
At closing date
2006
€194k
2007
€193k
2008
€173k
2009
€174k
2010
€161k
2011
€164k
2012
€173k
2013
€179k
2014
€173k
2015
€183k
2016
€183k
2017
€187k
2018
€189k
2019
€179k
2020
€179k
2021
€177k
2022
€173k
2023
€175k
2024
€166k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 May 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 39.270€ 58.195€ 61.474€ 62.451€ 59.280€ 47.803€ 57.954€ 60.491€ 51.879€ 46.183€ 58.512€ 79.060€ 69.440€ 57.328€ 67.418€ 55.638€ 26.001€ 50.368€ 12.902
Personnel costs
Depreciation€ -45.677€ -44.981€ -41.489€ -42.101€ -38.422€ -34.012€ -44.641€ -46.098€ -38.189€ -40.111€ -62.204€ -41.921€ -28.691€ -28.360€ -28.485
Operating result€ -2.913€ 10.704€ 1.609€ 4.450€ 4.029€ -6.079€ 7.688€ 10.636€ 5.138€ 935€ 5.076€ 24.714€ 22.214€ 11.710€ -299€ 7.989€ -6.956€ 5.968€ -24.627
Financial income€ 1€ 0€ 2.630€ 5.871€ 8€ 6€ 3.578€ 9.654
Financial charges€ -1.016€ -1.590€ -2.271€ -4.253€ -3.325€ -25.531€ -19.394€ -23.117€ -15.803€ -12.946€ -16.289€ -14.183€ -16.692€ -10.329€ -19.042
Result before tax€ 3.014€ -7.669€ 5.416€ 6.384€ 1.813€ 12.398€ -8.446€ 1.577€ 6.371€ -1.237€ -16.687€ -2.695€ -23.698€ -4.492€ -20.575
Income taxes€ -433€ -489€ -1.367€ -149€ -15€ -55€ -57€ 47
Net result€ -4.058€ 6.581€ 1.007€ 3.071€ 5.473€ -5.265€ 6.941€ 9.128€ 4.705€ 15.290€ -5.569€ 5.153€ 9.945€ 2.395€ -13.056€ 1.004€ -19.975€ -722€ -16.852
Balance sheet
Total assets€ 207.887€ 228.431€ 251.902€ 268.679€ 324.990€ 315.960€ 324.130€ 366.925€ 374.678€ 373.833€ 627.782€ 677.880€ 650.604€ 575.885€ 439.867€ 508.433€ 377.879€ 429.629€ 497.798
Receivables ≤ 1 year€ 14.064€ 65.801€ 100.055€ 106.702€ 12.398€ 60.599€ 87.491€ 127.301
Cash & equivalents€ 21.710€ 11.194€ 6.230€ 3.136€ 10.728€ 7.177€ 5.286€ 5.626€ 10.535€ 3.539€ 8.072€ 89€ 408€ 309€ 473€ 17€ 17
Equity€ 165.874€ 174.932€ 173.352€ 177.345€ 179.274€ 178.801€ 189.067€ 187.126€ 182.998€ 183.293€ 173.072€ 178.641€ 173.488€ 163.543€ 161.148€ 174.143€ 173.139€ 193.115€ 193.837
Amounts payable€ 135.148€ 123.699€ 118.711€ 160.556€ 167.890€ 163.415€ 424.230€ 464.830€ 438.112€ 370.257€ 232.362€ 282.615€ 149.260€ 176.484€ 247.480
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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