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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 (2011–2025). Amounts in euros.

View at NBB →
💶
€ 114.591
Gross margin · 2025
▼ 55,1% vs 2024
📈
€ 1.519
Net result · 2025
▼ 98,4% vs 2024
🏦
€ 852.907
Equity · 2025
▲ 0,2% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€162k
2012
€136k
2013
€122k
2014
€58k
2015
€92k
2016
€128k
2017
€85k
2018
€59k
2019
€73k
2020
€54k
2021
€140k
2022
€144k
2023
€191k
2024
€255k
2025
€115k
Net result
After tax
2011
€-733
2012
€74k
2013
€59k
2014
€11k
2015
€20k
2016
€37k
2017
€17k
2018
€-23k
2019
€-35k
2020
€-43k
2021
€38k
2022
€29k
2023
€61k
2024
€95k
2025
€2k
Equity
At closing date
2011
€19k
2012
€93k
2013
€152k
2014
€163k
2015
€182k
2016
€219k
2017
€240k
2018
€397k
2019
€362k
2020
€319k
2021
€671k
2022
€701k
2023
€756k
2024
€851k
2025
€853k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 25 Mar 2026
Line item202520242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 114.591€ 254.953€ 190.722€ 144.416€ 140.309€ 54.066€ 73.459€ 58.770€ 84.614€ 127.549€ 91.573€ 58.325€ 122.099€ 135.646€ 162.262
Personnel costs
Depreciation€ -61.996€ -74.072€ -52.852€ -42.019€ -46.586€ -39.369€ -24.122€ -14.477€ -11.821€ -23.356
Operating result€ 37.642€ 174.004€ 114.680€ 66.168€ 71.690€ -12.660€ -5.569€ 2.566€ 39.194€ 76.030€ 49.157€ 28.538€ 101.081€ 118.969€ 16.503
Financial income€ 738€ 3.201€ 3.200€ 3.217€ 3.438€ 434€ 20€ 159
Financial charges€ -29.671€ -30.154€ -22.982€ -18.775€ -23.005€ -17.969€ -14.058€ -12.460€ -7.807€ -14.629
Result before tax€ -42.331€ -34.985€ -17.216€ 23.618€ 56.242€ 31.188€ 17.918€ 89.055€ 111.181€ 2.033
Income taxes€ -366€ -276€ -5.510€ -6.418€ -19.435€ -11.314€ -7.005€ -30.287€ -37.594€ -2.766
Net result€ 1.519€ 95.250€ 60.506€ 29.274€ 37.867€ -42.697€ -35.261€ -22.726€ 17.200€ 36.807€ 19.874€ 10.913€ 58.767€ 73.587€ -733
Balance sheet
Total assets€ 1.728.922€ 1.842.992€ 1.752.210€ 1.736.128€ 1.548.255€ 1.225.646€ 1.306.095€ 1.134.939€ 853.124€ 894.596€ 716.960€ 559.940€ 548.749€ 494.075€ 368.339
Receivables ≤ 1 year€ 33.357€ 32.640€ 149.519€ 63.802€ 101.203€ 55.032€ 130.000€ 109.425€ 99.232
Cash & equivalents€ 101.370€ 37.965€ 132.170€ 31.741€ 65.435€ 67.556€ 91.298€ 112.876€ 43.866€ 80.113€ 55.915€ 26.085€ 123.478€ 139.340€ 12.951
Equity€ 852.907€ 851.388€ 756.139€ 700.633€ 671.359€ 318.970€ 361.667€ 396.927€ 239.654€ 219.215€ 182.408€ 162.534€ 151.621€ 92.854€ 19.267
Amounts payable€ 793.254€ 831.005€ 624.588€ 500.048€ 561.958€ 421.129€ 283.983€ 283.705€ 287.799€ 235.649
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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