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📍 Locations · 1

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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 (2007–2025). Amounts in euros.

View at NBB →
💶
€ 35.667
Gross margin · 2025
▼ 84,4% vs 2024
📈
€ -108
Net result · 2025
▼ 100,1% vs 2024
🏦
€ 434.206
Equity · 2025
▼ 0% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€102k
2008
€104k
2009
€102k
2010
€67k
2011
€9k
2012
€75k
2013
€93k
2014
€74k
2015
€85k
2016
€61k
2017
€54k
2018
€84k
2019
€76k
2020
€81k
2021
€93k
2022
€65k
2023
€59k
2024
€229k
2025
€36k
Net result
After tax
2007
€-9k
2008
€-3k
2009
€-7k
2010
€73k
2011
€41k
2012
€-9k
2013
€8k
2014
€50k
2015
€-3k
2016
€17k
2017
€30k
2018
€20k
2019
€19k
2020
€-12k
2021
€39k
2022
€17k
2023
€1k
2024
€147k
2025
€-108
Equity
At closing date
2007
€6k
2008
€4k
2009
€-4k
2010
€69k
2011
€110k
2012
€101k
2013
€109k
2014
€160k
2015
€157k
2016
€174k
2017
€204k
2018
€224k
2019
€243k
2020
€231k
2021
€270k
2022
€286k
2023
€288k
2024
€434k
2025
€434k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 35.667€ 229.312€ 58.919€ 64.968€ 93.177€ 81.481€ 75.803€ 83.847€ 54.029€ 61.059€ 84.914€ 74.179€ 92.739€ 74.880€ 9.465€ 67.073€ 101.530€ 104.496€ 101.716
Personnel costs
Depreciation€ -28.864€ -29.032€ -33.019€ -31.020€ -30.104€ -31.391€ -43.018€ -45.187€ -45.182€ -42.604€ -42.516€ -50.871€ -52.141€ -51.288€ -53.423
Operating result€ 759€ 197.494€ 4.617€ 26.108€ 53.254€ -4.367€ 31.751€ 39.650€ 13.129€ 23.533€ 21.125€ 17.929€ 35.861€ 21.662€ -46.448€ 2.914€ 36.693€ 41.454€ 36.254
Financial income€ 0€ 3.991€ 1.385€ 42.359€ 159€ 402€ 2.165€ 732€ 42€ 173€ 882€ 91€ 59€ 885
Financial charges€ -5.102€ -7.782€ -8.953€ -10.939€ -11.431€ -13.460€ -24.429€ -26.243€ -28.435€ -30.504€ -32.207€ -41.721€ -44.137€ -44.409€ -45.671
Result before tax€ 48.152€ -12.149€ 26.788€ 30.096€ 44.057€ 24.185€ -2.901€ 1.852€ 8.157€ -8.800€ 102.896€ 129.985€ -7.353€ -2.896€ -8.532
Income taxes€ -9.052€ -7.897€ -10.071€ -14.398€ -68.416€ -8.631€ -318€ -159
Net result€ -108€ 146.763€ 1.323€ 16.618€ 39.100€ -12.149€ 18.891€ 20.026€ 29.658€ 17.419€ -2.901€ 50.294€ 7.839€ -8.959€ 41.245€ 72.912€ -7.353€ -2.896€ -8.532
Balance sheet
Total assets€ 729.327€ 556.534€ 447.904€ 479.059€ 510.576€ 523.762€ 602.792€ 619.771€ 715.564€ 723.153€ 753.723€ 806.164€ 900.849€ 951.551€ 926.186€ 852.579€ 917.697€ 931.259€ 971.202
Receivables ≤ 1 year€ 25.086€ 30.138€ 301.359€ 297.386€ 57.875€ 57.187€ 25€ 25€ 6.292€ 7€ 9€ 8
Cash & equivalents€ 64.491€ 306.777€ 180.355€ 325.070€ 308.979€ 288.250€ 32.375€ 28.828€ 24.531€ 33.717€ 103.784€ 127.273€ 245.244€ 213.420€ 209.874€ 16.363€ 31.734€ 8.429€ 12.698
Equity€ 434.206€ 434.314€ 287.551€ 286.229€ 269.610€ 230.511€ 242.660€ 223.769€ 203.743€ 174.084€ 156.665€ 159.567€ 109.273€ 101.434€ 110.393€ 69.148€ -3.764€ 3.589€ 6.485
Amounts payable€ 240.966€ 293.252€ 360.132€ 396.003€ 511.821€ 549.069€ 535.407€ 584.947€ 672.853€ 731.394€ 697.069€ 726.357€ 921.461€ 927.670€ 964.717
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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