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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 →
💶
€ 49.404
Gross margin · 2025
▼ 8,6% vs 2024
📈
€ 729
Net result · 2025
▼ 83% vs 2024
🏦
€ 48.541
Equity · 2025
▲ 1,5% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€17k
2012
€26k
2013
€57k
2014
€53k
2015
€53k
2016
€49k
2017
€54k
2018
€54k
2019
€52k
2020
€53k
2021
€60k
2022
€66k
2023
€54k
2024
€54k
2025
€49k
Net result
After tax
2011
€3k
2012
€11k
2013
€-4k
2014
€5k
2015
€7k
2016
€6k
2017
€8k
2018
€12k
2019
€-13k
2020
€-1k
2021
€2k
2022
€5k
2023
€-17k
2024
€4k
2025
€729
Equity
At closing date
2011
€22k
2012
€32k
2013
€29k
2014
€34k
2015
€42k
2016
€48k
2017
€56k
2018
€68k
2019
€54k
2020
€53k
2021
€56k
2022
€60k
2023
€44k
2024
€48k
2025
€49k
Average FTE
Full-time equivalents
-
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 25 Jun 2026
Line item202520242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 49.404€ 54.036€ 54.348€ 65.502€ 59.660€ 52.634€ 51.589€ 53.936€ 54.444€ 49.092€ 52.651€ 52.729€ 56.887€ 26.170€ 17.495
Personnel costs---------------
Depreciation-----€ -47.520€ -55.097€ -27.302€ -26.977€ -27.540€ -28.278€ -30.648€ -58.244€ -7.122€ -8.379
Operating result€ 15.711€ 22.540€ -9.168€ 14.166€ 9.056€ 3.502€ -5.783€ 24.505€ 25.143€ 19.417€ 22.375€ 19.952€ -2.256€ 18.508€ 7.385
Financial income-------€ 0-€ 2€ 41€ 108€ 64€ 74€ 1
Financial charges-----€ -4.592€ -7.326€ -7.913€ -12.229€ -9.552€ -10.097€ -9.834€ -1.261€ -2.848€ -863
Result before tax-----€ -1.091€ -13.109€ 16.592€ 12.914€ 9.867€ 12.320€ 10.226€ -3.454€ 15.734€ 6.523
Income taxes------€ -157€ -4.845€ -4.752€ -3.755€ -4.873€ -4.767€ -198€ -5.040€ -3.400
Net result€ 729€ 4.302€ -16.717€ 4.639€ 2.252€ -1.091€ -13.266€ 11.747€ 8.162€ 6.112€ 7.447€ 5.459€ -3.652€ 10.694€ 3.123
Balance sheet
Total assets€ 619.621€ 619.668€ 638.147€ 442.242€ 464.427€ 497.282€ 550.238€ 289.729€ 327.503€ 347.093€ 367.281€ 414.052€ 400.611€ 107.107€ 64.050
Receivables ≤ 1 year-----€ 9.742€ 22.103€ 28.502€ 38.667€ 25.157€ 49.274€ 65.891€ 63.457€ 73.736€ 28.470
Cash & equivalents€ 2.958€ 1.887€ 7.337€ 2.059€ 1.685€ 30€ 3.708€ 1.577€ 3.532€ 1.585€ 3.366€ 5.242€ 17.467€ 13.812€ 12.539
Equity€ 48.541€ 47.811€ 43.509€ 60.226€ 55.587€ 53.335€ 54.426€ 67.692€ 55.945€ 47.783€ 41.671€ 34.223€ 28.765€ 32.417€ 21.723
Amounts payable-----€ 443.947€ 495.812€ 222.038€ 271.558€ 299.310€ 325.611€ 379.828€ 371.847€ 74.691€ 42.327
Workforce
Average FTE---------------

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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