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1
Total HOAs
1
Regions
1
Municipalities
Flanders 0 Brussels 1 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2010–2025). Amounts in euros.

View at NBB →
💶
€ 39.099
Gross margin · 2025
▼ 40,7% vs 2024
📈
€ -20.060
Net result · 2025
▼ 150,5% vs 2024
🏦
€ 48.512
Equity · 2025
▼ 29,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2010
€53k
2011
€30k
2012
€14k
2013
€-8k
2014
€28k
2015
€97k
2016
€92k
2017
€95k
2018
€92k
2019
€109k
2020
€75k
2021
€85k
2022
€94k
2023
€92k
2024
€66k
2025
€39k
Net result
After tax
2010
€4k
2011
€-73k
2012
€-28k
2013
€-67k
2014
€-57k
2015
€13k
2016
€7k
2017
€10k
2018
€7k
2019
€24k
2020
€-10k
2021
€14k
2022
€28k
2023
€43k
2024
€40k
2025
€-20k
Equity
At closing date
2010
€119k
2011
€46k
2012
€18k
2013
€-50k
2014
€-107k
2015
€-94k
2016
€-87k
2017
€-77k
2018
€-70k
2019
€-46k
2020
€-56k
2021
€-42k
2022
€-14k
2023
€29k
2024
€69k
2025
€49k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 11 earlier yearsApproved 26 May 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 39.099€ 65.983€ 92.228€ 93.900€ 85.479
Personnel costs
Depreciation
Operating result€ 9.199€ 39.702€ 43.304€ 28.069€ 13.864
Financial income
Financial charges
Result before tax
Income taxes
Net result€ -20.060€ 39.689€ 43.304€ 28.069€ 13.864
Balance sheet
Total assets€ 602.252€ 626.173€ 602.217€ 646.062€ 708.079
Receivables ≤ 1 year
Cash & equivalents€ 2.272€ 533€ 5.333€ 7.307€ 3.492
Equity€ 48.512€ 68.573€ 28.884€ -14.420€ -42.488
Amounts payable
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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