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2
Total HOAs
1
Regions
2
Municipalities
Flanders 2 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2009–2025). Amounts in euros.

View at NBB →
💶
€ 779.189
Gross margin · 2025
▲ 162,5% vs 2024
📈
€ 6.615
Net result · 2025
▲ 230,6% vs 2024
🏦
€ 151.849
Equity · 2025
▲ 4,6% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2009
€62k
2010
€42k
2011
€17k
2012
€79k
2013
€70k
2014
€85k
2015
€108k
2016
€72k
2017
€166k
2018
€135k
2019
€118k
2020
€162k
2021
€252k
2022
€129k
2023
€385k
2024
€297k
2025
€779k
Net result
After tax
2009
€1k
2010
€12k
2011
€4k
2012
€39k
2013
€-16k
2014
€4k
2015
€9k
2016
€2k
2017
€27k
2018
€3k
2019
€32k
2020
€3k
2021
€10k
2022
€11k
2023
€14k
2024
€2k
2025
€7k
Equity
At closing date
2009
€14k
2010
€25k
2011
€29k
2012
€38k
2013
€22k
2014
€26k
2015
€42k
2016
€43k
2017
€70k
2018
€74k
2019
€105k
2020
€108k
2021
€118k
2022
€129k
2023
€143k
2024
€145k
2025
€152k
Average FTE
Full-time equivalents
2009
0.6
2010
0.1
2014
0.5
2015
0.5
2016
0.5
2017
0.5
2018
0.5
2019
0.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Sept 2025
Line item20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross operating margin€ 779.189€ 296.848€ 385.294€ 129.047€ 252.105€ 162.387€ 118.405€ 135.259€ 166.398€ 71.988€ 108.134€ 84.591€ 69.773€ 79.088€ 16.623€ 41.579€ 61.600
Personnel costs€ -21.288€ -19.050€ -18.686€ -18.129€ -19.339€ -15.157€ -7.209€ -25.609
Depreciation€ -22.641€ -26.687€ -4.118€ -4.062€ -2.130€ -2.741€ -3.174€ -4.669€ -1.816€ -2.707€ -4.353€ -4.909€ -6.277
Operating result€ 723.157€ 252.490€ 342.827€ 50.091€ 159.670€ 105.985€ 63.279€ 84.034€ 134.757€ 36.493€ 80.559€ 51.645€ 55.867€ 69.226€ 11.701€ 28.894€ 28.746
Financial income€ 724€ 0€ 0€ 108€ 1.549€ 1.979€ 8.991€ 4.265€ 3.528€ 4.297€ 2.993€ 991
Financial charges€ -145.329€ -98.935€ -17.094€ -77.200€ -93.451€ -26.680€ -72.910€ -45.959€ -58.429€ -33.974€ -7.127€ -5.590€ -8.326
Result before tax€ 14.341€ 7.775€ 46.184€ 6.834€ 41.413€ 11.362€ 9.629€ 14.676€ 1.702€ 38.780€ 8.871€ 26.296€ 1.334
Income taxes€ -4.156€ -4.989€ -14.352€ -3.800€ -14.375€ -9.777€ -410€ -10.538€ -17.585€ -11€ -4.798€ -14.687€ -3
Net result€ 6.615€ 2.001€ 13.890€ 11.026€ 10.185€ 2.785€ 31.832€ 3.034€ 27.038€ 1.585€ 9.219€ 4.139€ -15.883€ 38.770€ 4.073€ 11.609€ 1.331
Balance sheet
Total assets€ 8.347.418€ 9.425.754€ 10.364.290€ 14.984.022€ 11.557.104€ 4.729.203€ 1.383.225€ 968.913€ 1.888.884€ 2.775.998€ 2.174.757€ 2.434.028€ 2.602.722€ 1.496.411€ 88.505€ 42.354€ 24.121
Receivables ≤ 1 year€ 1.474.746€ 840.315€ 397.361€ 199.439€ 352.017€ 254.152€ 349.352€ 251.995€ 86.114€ 51.185€ 30.154€ 29.244€ 5.925
Cash & equivalents€ 2.666€ 364.070€ 136.561€ 113.332€ 56.749€ 207.524€ 27.887€ 109.955€ 92.756€ 54.374€ 113.680€ 212€ 133.083€ 16.972€ 18.231€ 6.234€ 4.752
Equity€ 151.849€ 145.233€ 143.233€ 129.342€ 118.316€ 108.131€ 105.346€ 73.514€ 70.480€ 43.442€ 41.857€ 26.438€ 22.299€ 38.183€ 29.413€ 25.340€ 13.731
Amounts payable€ 11.438.788€ 4.621.071€ 1.277.879€ 895.399€ 1.818.404€ 2.732.555€ 2.132.899€ 2.407.589€ 2.580.422€ 1.458.228€ 59.092€ 17.014€ 10.390
Workforce
Average FTE0.40.50.50.50.50.50.10.6
Attachments

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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