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📍 Locations · 4

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5
Total HOAs
1
Regions
3
Municipalities
Flanders 5 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2013–2025). Amounts in euros.

View at NBB →
💶
€ 296.249
Gross margin · 2025
▲ 17,3% vs 2024
📈
€ 181.374
Net result · 2025
▲ 25,9% vs 2024
🏦
€ 358.919
Equity · 2025
▲ 0,9% vs 2024
👥
1.5
Avg FTE · 2025
▼ 6,3% vs 2024
Revenue (gross margin)
Year-on-year evolution
2013
€46k
2014
€75k
2015
€111k
2016
€78k
2017
€98k
2018
€192k
2019
€362k
2020
€300k
2021
€361k
2022
€427k
2023
€285k
2024
€253k
2025
€296k
Net result
After tax
2013
€28k
2014
€38k
2015
€64k
2016
€29k
2017
€43k
2018
€80k
2019
€244k
2020
€203k
2021
€250k
2022
€314k
2023
€138k
2024
€144k
2025
€181k
Equity
At closing date
2013
€60k
2014
€67k
2015
€121k
2016
€150k
2017
€194k
2018
€263k
2019
€266k
2020
€294k
2021
€326k
2022
€343k
2023
€345k
2024
€356k
2025
€359k
Average FTE
Full-time equivalents
2018
0.7
2019
2.1
2020
1.9
2023
2.6
2024
1.6
2025
1.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Apr 2026
Line item2025202420232022202120202019201820172016201520142013
Income statement
Gross operating margin€ 296.249€ 252.526€ 284.935€ 427.100€ 361.415€ 299.877€ 361.746€ 192.070€ 97.723€ 78.397€ 110.540€ 74.980€ 45.538
Personnel costs€ -81.519€ -84.374€ -125.087€ -90.860€ -79.777€ -75.691€ -76.137€ -26.843
Depreciation€ -14.210€ -24.818€ -44.573€ -26.146€ -28.912€ -11.298€ -15.005€ -4.195
Operating result€ 185.008€ 148.332€ 141.415€ 323.686€ 265.219€ 205.301€ 249.664€ 114.957€ 70.770€ 46.671€ 97.581€ 59.040€ 40.191
Financial income€ 381€ 1.156€ 1.301€ 501€ 301€ 809€ 906€ 1.131
Financial charges€ -126€ -49€ 0€ -141€ -36€ -9€ -16
Result before tax€ 208.158€ 248.771€ 116.257€ 71.573€ 46.831€ 98.669€ 59.938€ 44.306
Income taxes€ -4.861€ -5.022€ -35.829€ -28.146€ -17.984€ -34.725€ -22.027€ -16.201
Net result€ 181.374€ 144.088€ 137.597€ 313.586€ 250.322€ 203.297€ 243.749€ 80.428€ 43.427€ 28.848€ 63.944€ 37.911€ 28.105
Balance sheet
Total assets€ 569.168€ 512.023€ 507.091€ 662.274€ 593.580€ 501.739€ 539.157€ 318.138€ 265.698€ 172.490€ 164.596€ 91.311€ 87.313
Receivables ≤ 1 year€ 103.227€ 206.541€ 28.212€ 14.197€ 7.855€ 7.537€ 8.442€ 5.692
Cash & equivalents€ 238.941€ 202.937€ 212.884€ 574.859€ 448.553€ 349.310€ 273.448€ 77.297€ 165.492€ 61.021€ 119.940€ 38.165€ 78.858
Equity€ 358.919€ 355.546€ 345.357€ 342.561€ 325.874€ 293.852€ 265.555€ 263.306€ 193.678€ 150.251€ 121.404€ 67.460€ 59.549
Amounts payable€ 207.887€ 273.602€ 54.831€ 72.019€ 22.239€ 43.192€ 23.852€ 27.763
Workforce
Average FTE1.51.62.61.92.10.7

HOA portfolio 5 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
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