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📍 Locations · 2

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65
Total HOAs
1
Regions
1
Municipalities
Flanders 65 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008–2025). Amounts in euros.

View at NBB →
💶
€ 194.676
Gross margin · 2025
▼ 40,2% vs 2024
📈
€ 24.977
Net result · 2025
▼ 76,7% vs 2024
🏦
€ 146.787
Equity · 2025
▲ 20,5% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2008
€205k
2009
€231k
2010
€266k
2011
€245k
2012
€268k
2013
€268k
2014
€246k
2015
€285k
2016
€283k
2017
€320k
2018
€280k
2019
€274k
2020
€295k
2021
€299k
2022
€312k
2023
€104k
2024
€325k
2025
€195k
Net result
After tax
2008
€13k
2009
€18k
2010
€35k
2011
€50k
2012
€51k
2013
€25k
2014
€16k
2015
€33k
2016
€12k
2017
€31k
2018
€17k
2019
€8k
2020
€43k
2021
€57k
2022
€42k
2023
€-74k
2024
€107k
2025
€25k
Equity
At closing date
2008
€194k
2009
€212k
2010
€247k
2011
€297k
2012
€347k
2013
€372k
2014
€388k
2015
€421k
2016
€433k
2017
€465k
2018
€481k
2019
€489k
2020
€532k
2021
€246k
2022
€288k
2023
€14k
2024
€122k
2025
€147k
Average FTE
Full-time equivalents
2008
5.9
2009
5.9
2010
5.9
2011
5.9
2012
5.9
2013
5.4
2014
4.9
2015
5.0
2016
5.6
2017
5.9
2018
5.8
2019
6.3
2020
6.6
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 13 earlier yearsApproved 31 Jan 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 194.676€ 325.286€ 103.806€ 311.813€ 298.852
Personnel costs€ -131.475€ -170.266€ -151.755€ -224.018€ -206.255
Depreciation
Operating result€ 35.896€ 112.773€ -72.495€ 58.374€ 74.059
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 24.977€ 107.370€ -73.643€ 41.658€ 57.115
Balance sheet
Total assets€ 218.597€ 234.066€ 285.724€ 421.580€ 948.027
Receivables ≤ 1 year
Cash & equivalents€ 22.941€ 120.453€ 112.519€ 309.927€ 660.977
Equity€ 146.787€ 121.811€ 14.440€ 288.083€ 246.425
Amounts payable
Workforce
Average FTE

HOA portfolio 65 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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