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📍 Locations · 3

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11
Total HOAs
2
Regions
7
Municipalities
Flanders 0 Brussels 9 Wallonia 2
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2014–2025). Amounts in euros.

View at NBB →
💶
€ 100.037
Gross margin · 2025
▼ 28,8% vs 2024
📈
€ 3.879
Net result · 2025
▼ 83,4% vs 2024
🏦
€ 136.929
Equity · 2025
▲ 2,9% vs 2024
👥
1.0
Avg FTE · 2025
▼ 61,5% vs 2024
Revenue (gross margin)
Year-on-year evolution
2014
€20k
2015
€42k
2016
€60k
2017
€83k
2018
€95k
2019
€119k
2020
€114k
2021
€144k
2022
€90k
2023
€96k
2024
€141k
2025
€100k
Net result
After tax
2014
€708
2015
€8k
2016
€15k
2017
€-3k
2018
€-4k
2019
€20k
2020
€26k
2021
€32k
2022
€2k
2023
€7k
2024
€23k
2025
€4k
Equity
At closing date
2014
€7k
2015
€15k
2016
€30k
2017
€27k
2018
€23k
2019
€43k
2020
€69k
2021
€101k
2022
€103k
2023
€110k
2024
€133k
2025
€137k
Average FTE
Full-time equivalents
2017
3.2
2018
3.5
2019
3.8
2020
3.9
2021
4.2
2023
25790.1
2024
2.6
2025
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 7 earlier yearsApproved 11 Dec 2025
Line item20252024202320222021
Income statement
Gross operating margin€ 100.037€ 140.548€ 96.032€ 90.392€ 143.765
Personnel costs€ -16.963€ -49.245€ -25.790€ -43.016€ -40.625
Depreciation€ -33.404
Operating result€ 50.306€ 59.285€ 39.273€ 17.243€ 63.730
Financial income€ 829
Financial charges€ -14.709
Result before tax€ 48.777
Income taxes€ -17.035
Net result€ 3.879€ 23.318€ 6.534€ 2.479€ 31.741
Balance sheet
Total assets€ 457.946€ 740.487€ 585.751€ 553.496€ 554.665
Receivables ≤ 1 year€ 172.741
Cash & equivalents€ 57.650€ 62.540€ 137.205€ 61.548€ 70.470
Equity€ 136.929€ 133.050€ 109.732€ 103.198€ 100.719
Amounts payable€ 453.946
Workforce
Average FTE1.02.625790.14.2

HOA portfolio 11 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Wallonia
Wallonia
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