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📍 Locations · 2

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9
Total HOAs
2
Regions
3
Municipalities
Flanders 2 Brussels 0 Wallonia 7
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2018–2025). Amounts in euros.

View at NBB →
💶
€ 56.416
Gross margin · 2025
▼ 17,5% vs 2024
📈
€ 9.288
Net result · 2025
▼ 53,5% vs 2024
🏦
€ 96.170
Equity · 2025
▲ 10,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2018
€100k
2019
€978
2020
€38k
2021
€37k
2022
€51k
2023
€42k
2024
€68k
2025
€56k
Net result
After tax
2018
€81k
2019
€-32k
2020
€23k
2021
€-17k
2022
€9k
2023
€-3k
2024
€20k
2025
€9k
Equity
At closing date
2018
€87k
2019
€56k
2020
€78k
2021
€61k
2022
€69k
2023
€67k
2024
€87k
2025
€96k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 3 earlier yearsApproved 29 May 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 56.416€ 68.398€ 41.870€ 50.583€ 36.943
Personnel costs€ -20.751€ -31.942€ -24.858€ -23.704€ -12.080
Depreciation
Operating result€ 21.377€ 24.004€ 5.489€ 11.740€ -8.515
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 9.288€ 19.971€ -2.586€ 8.991€ -17.387
Balance sheet
Total assets€ 252.168€ 254.201€ 234.763€ 249.119€ 239.994
Receivables ≤ 1 year
Cash & equivalents€ 73.415€ 67.273€ 49.610€ 41.874€ 41.176
Equity€ 96.170€ 86.882€ 66.911€ 69.497€ 60.507
Amounts payable
Workforce
Average FTE

HOA portfolio 9 HOAs

VME Address Municipality Region
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Flanders
Flanders
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