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📍 Locations · 3

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7
Total HOAs
2
Regions
3
Municipalities
Flanders 4 Brussels 3 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 →
💶
€ 840.325
Gross margin · 2025
▼ 3,1% vs 2024
📈
€ 81.760
Net result · 2025
▼ 0,4% vs 2024
🏦
€ 893.681
Equity · 2025
▼ 25,8% vs 2024
👥
8.7
Avg FTE · 2025
▲ 3,6% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€311k
2008
€351k
2009
€548k
2010
€575k
2011
€770k
2012
€475k
2013
€627k
2014
€775k
2015
€940k
2016
€832k
2017
€1,1M
2018
€795k
2019
€890k
2020
€727k
2021
€722k
2022
€757k
2023
€593k
2024
€867k
2025
€840k
Net result
After tax
2007
€139k
2008
€45k
2009
€184k
2010
€172k
2011
€267k
2012
€97k
2013
€138k
2014
€249k
2015
€350k
2016
€255k
2017
€412k
2018
€165k
2019
€211k
2020
€71k
2021
€76k
2022
€163k
2023
€-43k
2024
€82k
2025
€82k
Equity
At closing date
2007
€808k
2008
€853k
2009
€1,0M
2010
€474k
2011
€641k
2012
€738k
2013
€876k
2014
€804k
2015
€1,0M
2016
€1,1M
2017
€1,3M
2018
€1,5M
2019
€1,0M
2020
€1,1M
2021
€1,2M
2022
€1,3M
2023
€1,3M
2024
€1,2M
2025
€894k
Average FTE
Full-time equivalents
2007
2.3
2008
4.6
2009
5.0
2010
5.4
2011
4.9
2012
5.0
2013
4.9
2014
5.8
2015
5.8
2016
6.9
2017
6.1
2018
7.0
2019
7.5
2020
8.2
2021
8.3
2022
7.0
2023
7.5
2024
8.4
2025
8.7
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 14 earlier yearsApproved 31 Mar 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 840.325€ 866.837€ 593.498€ 757.123€ 721.798
Personnel costs€ -516.536€ -564.652€ -471.818€ -387.029€ -483.408
Depreciation
Operating result€ 135.732€ 117.666€ -35.180€ 254.833€ 122.469
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 81.760€ 82.099€ -43.031€ 162.843€ 76.110
Balance sheet
Total assets€ 3.355.527€ 3.032.023€ 2.390.718€ 2.619.656€ 2.834.809
Receivables ≤ 1 year
Cash & equivalents€ 1.773.912€ 1.681.391€ 1.304.529€ 1.467.795€ 2.110.377
Equity€ 893.681€ 1.204.502€ 1.305.402€ 1.348.433€ 1.185.590
Amounts payable
Workforce
Average FTE8.78.47.57.08.3

HOA portfolio 7 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Flanders
Flanders
Flanders
Flanders
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