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2
Total HOAs
1
Regions
2
Municipalities
Flanders 2 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 →
💶
€ 177.285
Gross margin · 2024
▲ 13,6% vs 2023
📈
€ 35.894
Net result · 2024
▼ 28,6% vs 2023
🏦
€ 593.646
Equity · 2024
▲ 6,4% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€104k
2007
€166k
2008
€207k
2009
€256k
2010
€240k
2011
€214k
2012
€212k
2013
€244k
2014
€256k
2015
€255k
2016
€230k
2017
€200k
2018
€149k
2019
€104k
2020
€126k
2021
€115k
2022
€201k
2023
€156k
2024
€177k
Net result
After tax
2006
€-19k
2007
€1k
2008
€-6k
2009
€4k
2010
€12k
2011
€-1k
2012
€5k
2013
€-23k
2014
€5k
2015
€12k
2016
€4k
2017
€28k
2018
€26k
2019
€-5k
2020
€18k
2021
€-3k
2022
€80k
2023
€50k
2024
€36k
Equity
At closing date
2006
€67k
2007
€68k
2008
€62k
2009
€66k
2010
€78k
2011
€77k
2012
€62k
2013
€39k
2014
€44k
2015
€57k
2016
€60k
2017
€71k
2018
€453k
2019
€448k
2020
€466k
2021
€463k
2022
€541k
2023
€558k
2024
€594k
Average FTE
Full-time equivalents
2006
2.5
2007
2.9
2008
3.0
2009
3.2
2010
3.6
2011
3.6
2012
3.2
2013
4.8
2014
4.0
2015
3.6
2016
2.9
2017
1.4
2018
1.0
2019
1.0
2020
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 31 Oct 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 177.285€ 156.127€ 200.704€ 115.293€ 125.589€ 103.655€ 149.000€ 199.500€ 229.788€ 255.476€ 256.476€ 244.464€ 212.166€ 214.078€ 240.317€ 255.843€ 206.531€ 165.925€ 104.462
Personnel costs€ -68.069€ -65.541€ -62.157€ -59.309€ -56.263€ -56.368€ -57.563€ -104.407€ -187.840€ -185.709€ -200.464€ -202.381€ -142.286€ -144.975€ -137.867€ -148.667€ -124.426€ -96.719€ -68.052
Depreciation€ -41.236€ -49.078€ -51.103€ -52.462€ -31.461€ -40.180€ -40.585€ -50.505€ -49.006€ -38.710€ -52.560€ -52.210€ -61.142€ -43.677€ -39.268
Operating result€ 58.796€ 73.485€ 106.089€ -3.676€ 24.564€ -4.614€ 37.444€ 38.995€ 8.809€ 27.920€ 13.369€ -10.741€ 18.428€ 24.639€ 45.124€ 35.110€ 15.360€ 20.767€ -7.060
Financial income€ 6.776€ 6.533€ 6.250€ 6.036€ 5.847€ 5.527€ 6.376€ 7.133€ 11.372€ 1.763€ 190€ 76€ 1€ 44€ 41
Financial charges€ -1.872€ -2.146€ -3.055€ -4.360€ -5.953€ -8.983€ -11.699€ -19.704€ -14.241€ -13.569€ -14.818€ -13.782€ -14.331€ -17.309€ -6.494
Result before tax€ 29.469€ -227€ 40.639€ 40.671€ 8.702€ 24.464€ 8.045€ -23.312€ 15.559€ 14.384€ 30.496€ 18.518€ 1.030€ 3.502€ -13.013
Income taxes€ -10.996€ -4.715€ -15.055€ -12.278€ -5.000€ -12.062€ -2.912€ 109€ -10.066€ -15.778€ -18.024€ -14.545€ -7.077€ -2.175€ -6.486
Net result€ 35.894€ 50.296€ 80.123€ -2.652€ 18.473€ -4.942€ 25.584€ 28.393€ 3.702€ 12.402€ 5.133€ -23.203€ 5.493€ -1.394€ 12.473€ 3.973€ -6.047€ 1.327€ -19.499
Balance sheet
Total assets€ 850.216€ 821.705€ 871.032€ 743.867€ 720.248€ 729.886€ 750.652€ 510.473€ 334.464€ 322.536€ 333.058€ 402.508€ 465.269€ 402.472€ 446.484€ 394.894€ 319.175€ 309.610€ 310.326
Receivables ≤ 1 year€ 211.658€ 214.202€ 255.835€ 246.118€ 226.831€ 216.779€ 198.690€ 216.670€ 282.438€ 271.005€ 290.695€ 203.827€ 107.233€ 106.371€ 70.060
Cash & equivalents€ 71.800€ 50.066€ 165.754€ 85.221€ 3.285€ 47.722€ 126€ 85.561€ 210€ 56€ 319€ 6.048€ 4.442€ 1.034€ 2.405€ 1.385€ 7.614
Equity€ 593.646€ 557.752€ 541.162€ 463.439€ 466.091€ 447.619€ 452.560€ 70.801€ 60.408€ 56.705€ 44.304€ 39.170€ 62.374€ 76.881€ 78.275€ 65.802€ 61.829€ 67.876€ 66.549
Amounts payable€ 169.157€ 197.267€ 213.091€ 354.673€ 234.056€ 265.830€ 288.755€ 363.337€ 402.895€ 325.592€ 368.210€ 329.092€ 257.346€ 241.734€ 243.777
Workforce
Average FTE1.01.01.01.42.93.64.04.83.23.63.63.23.02.92.5

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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