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170
Total HOAs
1
Regions
21
Municipalities
Flanders 170 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2024). Amounts in euros.

View at NBB →
💶
€ 428.604
Gross margin · 2024
▲ 8,7% vs 2023
📈
€ 77.121
Net result · 2024
▼ 9% vs 2023
🏦
€ 467.175
Equity · 2024
▲ 19,8% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2011
€23k
2012
€12k
2013
€39k
2014
€84k
2015
€147k
2016
€169k
2017
€241k
2018
€217k
2019
€243k
2020
€249k
2021
€298k
2022
€334k
2023
€394k
2024
€429k
Net result
After tax
2011
€7k
2012
€-4k
2013
€16k
2014
€24k
2015
€-25k
2016
€35k
2017
€35k
2018
€20k
2019
€29k
2020
€24k
2021
€56k
2022
€93k
2023
€85k
2024
€77k
Equity
At closing date
2011
€19k
2012
€15k
2013
€31k
2014
€54k
2015
€29k
2016
€64k
2017
€99k
2018
€119k
2019
€148k
2020
€172k
2021
€229k
2022
€322k
2023
€390k
2024
€467k
Average FTE
Full-time equivalents
2014
0.3
2015
0.7
2016
1.2
2017
2.3
2018
2.5
2019
2.7
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 May 2025
Line item20242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 428.604€ 394.299€ 333.729€ 298.244€ 248.644€ 243.192€ 216.997€ 240.897€ 168.566€ 146.959€ 83.592€ 39.355€ 12.442€ 23.215
Personnel costs€ -237.305€ -205.257€ -156.076€ -168.435€ -163.814€ -153.338€ -139.560€ -109.321€ -1€ -33.852€ 0
Depreciation€ -32.077€ -30.448€ -29.719€ -54.083€ -39.556€ -89.218€ -23.131€ -10.341€ -12.947€ -7.890
Operating result€ 141.680€ 136.903€ 137.712€ 91.699€ 48.022€ 55.727€ 42.302€ 67.720€ 56.756€ -22.629€ 38.167€ 27.488€ -2.705€ 13.404
Financial income€ 7€ 38€ 19€ 170€ 8€ 14€ 13
Financial charges€ -7.632€ -8.294€ -8.916€ -9.698€ -10.268€ -2.526€ -684€ -336€ -875€ -496
Result before tax€ 40.390€ 47.440€ 33.424€ 58.022€ 46.487€ -25.136€ 37.653€ 27.161€ -3.566€ 12.921
Income taxes€ -16.000€ -18.573€ -13.478€ -23.031€ -11.235€ -200€ -14.125€ -11.012€ -773€ -6.329
Net result€ 77.121€ 84.763€ 93.043€ 56.237€ 24.390€ 28.867€ 19.946€ 34.991€ 35.252€ -25.337€ 23.528€ 16.149€ -4.339€ 6.592
Balance sheet
Total assets€ 1.119.215€ 1.119.919€ 750.730€ 686.988€ 687.569€ 693.685€ 730.553€ 725.792€ 764.075€ 783.389€ 101.184€ 58.333€ 42.274€ 55.925
Receivables ≤ 1 year€ 30.599€ 65.096€ 65.260€ 40.999€ 45.074€ 46.873€ 21.900€ 5.018€ 2.649€ 2.970
Cash & equivalents€ 87.492€ 76.803€ 130.904€ 66.255€ 69.138€ 31.949€ 44.976€ 41.829€ 29.848€ 29.394€ 35.355€ 23.381€ 11.906€ 26.134
Equity€ 467.175€ 390.055€ 321.720€ 228.677€ 172.440€ 148.050€ 119.183€ 99.236€ 64.245€ 28.993€ 54.330€ 30.802€ 14.653€ 18.992
Amounts payable€ 515.129€ 545.634€ 611.370€ 626.556€ 699.829€ 754.395€ 46.854€ 27.531€ 27.621€ 36.932
Workforce
Average FTE2.72.52.31.20.70.3

HOA portfolio 170 HOAs

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