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200
Total HOAs
1
Regions
14
Municipalities
Flanders 200 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 745.671
Gross margin · 2024
▼ 44,2% vs 2023
📈
€ -201.307
Net result · 2024
▼ 70% vs 2023
🏦
€ 199.629
Equity · 2024
▼ 50,2% vs 2023
👥
7.8
Avg FTE · 2024
▼ 24,3% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€1,1M
2007
€1,2M
2008
€1,3M
2009
€1,3M
2010
€1,4M
2011
€1,6M
2012
€1,7M
2013
€1,8M
2014
€1,8M
2015
€1,8M
2016
€1,9M
2017
€1,8M
2018
€1,9M
2019
€1,9M
2020
€1,7M
2023
€1,3M
2024
€746k
Net result
After tax
2006
€55k
2007
€17k
2008
€33k
2009
€52k
2010
€35k
2011
€42k
2012
€-4k
2013
€-44k
2014
€30k
2015
€7k
2016
€34k
2017
€-3k
2018
€-11k
2019
€14k
2020
€-164k
2023
€-118k
2024
€-201k
Equity
At closing date
2006
€811k
2007
€828k
2008
€862k
2009
€914k
2010
€949k
2011
€991k
2012
€987k
2013
€944k
2014
€937k
2015
€907k
2016
€866k
2017
€863k
2018
€777k
2019
€791k
2020
€627k
2023
€401k
2024
€200k
Average FTE
Full-time equivalents
2006
23.1
2007
25.3
2008
22.3
2009
23.7
2010
24.2
2011
26.5
2012
28.7
2013
28.1
2014
28.4
2015
28.4
2016
30.1
2017
29.2
2018
28.2
2019
25.7
2020
26.1
2023
10.3
2024
7.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2025
Line item20242023202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 745.671€ 1.337.314€ 1.716.847€ 1.901.061€ 1.893.326€ 1.834.913€ 1.895.319€ 1.759.158€ 1.791.983€ 1.755.658€ 1.740.340€ 1.643.135€ 1.382.024€ 1.348.667€ 1.265.151€ 1.180.114€ 1.148.194
Personnel costs€ -765.883€ -1.048.932€ -1.808.038€ -1.789.621€ -1.797.963€ -1.739.666€ -1.731.152€ -1.656.860€ -1.686.896€ -1.614.536€ -1.615.963€ -1.489.608€ -1.272.961€ -1.212.284€ -1.185.953€ -1.075.259€ -999.212
Depreciation€ -37.536€ -48.850€ -55.705€ -57.886€ -61.903€ -90.829€ -84.306€ -83.156€ -82.066€ -77.848€ -65.830€ -70.553€ -77.920€ -83.750€ -83.102
Operating result€ -183.770€ 177.766€ -157.147€ 26.991€ 17.767€ 17.135€ 67.930€ 7.864€ 46.604€ -44.840€ -7.744€ 48.249€ 28.689€ 56.298€ -5.336€ 9.136€ 54.193
Financial income€ 3.732€ 699€ 369€ 747€ 6.252€ 13.069€ 14.013€ 12.901€ 14.844€ 16.337€ 22.319€ 10.738€ 39.005€ 9.054€ 12.266
Financial charges€ -11.362€ -3.927€ -17.424€ -11.613€ -9.911€ -9.830€ -10.714€ -9.984€ -11.114€ -11.228€ -10.725€ -8.482€ -318€ -791€ -840
Result before tax€ -164.777€ 23.763€ 712€ 6.269€ 64.271€ 17.302€ 49.903€ -41.924€ -4.013€ 54.185€ 40.283€ 58.554€ 33.351€ 17.399€ 65.619
Income taxes€ 977€ -9.638€ -11.941€ -9.327€ -29.890€ -10.684€ -19.473€ -1.763€ 1€ -12.195€ -5.156€ -6.226€ -10.505
Net result€ -201.307€ -118.419€ -163.800€ 14.124€ -11.230€ -3.058€ 34.382€ 6.618€ 30.430€ -43.686€ -4.013€ 41.990€ 35.128€ 52.328€ 33.351€ 17.399€ 55.113
Balance sheet
Total assets€ 2.806.927€ 2.818.845€ 1.205.297€ 1.099.504€ 1.100.300€ 1.202.774€ 1.297.639€ 1.275.479€ 1.540.329€ 1.592.187€ 1.555.159€ 1.415.190€ 1.447.565€ 1.393.205€ 1.198.343€ 1.261.997€ 1.158.540
Receivables ≤ 1 year€ 477.333€ 39.920€ 45.494€ 40.208€ 82.315€ 55.606€ 55.262€ 80.533€ 96.867€ 10.632€ 46.504€ 72.132€ 16.105€ 10.697€ 3.620
Cash & equivalents€ 7.457€ 31.529€ 180.642€ 790.250€ 773.072€ 857.378€ 935.368€ 893.050€ 1.174.567€ 1.134.526€ 1.006.133€ 1.040.698€ 1.021.536€ 920.779€ 477.440€ 722.230€ 573.903
Equity€ 199.629€ 400.936€ 627.015€ 790.815€ 776.691€ 862.921€ 865.978€ 906.597€ 936.979€ 943.549€ 987.236€ 991.248€ 949.258€ 914.130€ 861.802€ 828.451€ 811.053
Amounts payable€ 578.282€ 308.689€ 323.609€ 339.853€ 423.296€ 368.883€ 568.364€ 568.638€ 567.924€ 423.942€ 498.307€ 479.075€ 336.541€ 433.545€ 347.488
Workforce
Average FTE7.810.326.125.728.229.230.128.428.428.128.726.524.223.722.325.323.1
Attachments

HOA portfolio 200 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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