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📍 Locations · 3

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

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 348.762
Gross margin · 2025
▲ 37,3% vs 2024
📈
€ 68.992
Net result · 2025
▲ 151,9% vs 2024
🏦
€ 33.469
Equity · 2025
▲ 194,2% vs 2024
👥
2.4
Avg FTE · 2025
▼ 48,9% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€24k
2008
€92k
2009
€98k
2010
€116k
2011
€57k
2012
€56k
2013
€55k
2014
€125k
2015
€275k
2016
€351k
2017
€351k
2018
€363k
2019
€243k
2020
€308k
2021
€484k
2022
€398k
2023
€386k
2024
€254k
2025
€349k
Net result
After tax
2007
€-2k
2008
€-20k
2009
€-10k
2010
€3k
2011
€2k
2012
€723
2013
€2k
2014
€47k
2015
€-182k
2016
€3k
2017
€21k
2018
€31k
2019
€-114k
2020
€-24k
2021
€119k
2022
€-23k
2023
€-42k
2024
€-133k
2025
€69k
Equity
At closing date
2007
€94k
2008
€74k
2009
€65k
2010
€68k
2011
€70k
2012
€71k
2013
€72k
2014
€119k
2015
€-63k
2016
€-59k
2017
€137k
2018
€168k
2019
€54k
2020
€30k
2021
€149k
2022
€126k
2023
€97k
2024
€-36k
2025
€33k
Average FTE
Full-time equivalents
2008
0.1
2009
0.4
2010
0.5
2011
0.9
2012
0.6
2013
0.2
2014
0.3
2015
4.5
2016
6.4
2017
6.1
2018
5.4
2019
4.9
2020
4.5
2021
5.6
2022
7.0
2023
6.2
2024
4.7
2025
2.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 15 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 348.762€ 254.067€ 385.654€ 398.428€ 483.776€ 308.264€ 243.221€ 363.206€ 350.717€ 351.384€ 275.484€ 124.740€ 55.421€ 56.117€ 56.938€ 115.586€ 97.882€ 92.351€ 24.088
Personnel costs€ -148.908€ -348.396€ -318.783€ -291.998€ -226.941€ -190.647€ -206.745€ -207.512€ -219.299€ -277.567€ -208.779€ -6.188€ -12.345€ -22.127€ -15.086€ -70.006€ -86.029€ -265
Depreciation€ -80.698€ -102.905€ -99.958€ -85.479€ -72.911€ -44.926€ -52.683€ -45.185€ -30.835€ -26.018€ -33.222€ -34.054€ -18.047€ -18.783€ -17.015
Operating result€ 104.613€ -82.319€ -23.546€ -6.236€ 163.715€ 8.681€ -93.469€ 55.748€ 51.229€ 22.689€ 7.898€ 67.918€ 10.392€ 6.002€ 6.580€ 8.022€ -8.428€ 9.259€ 3.150
Financial income€ 1.793€ 203€ 1.150€ 20€ 531€ 971€ 1.148€ 1.484€ 779€ 794€ 2.264€ 257
Financial charges€ -27.107€ -20.469€ -21.509€ -17.637€ -25.560€ -19.081€ -190.042€ -21.049€ -9.841€ -6.426€ -6.589€ -5.246€ -1.951€ -4.261€ -7.479
Result before tax€ 138.401€ -11.584€ -113.828€ 38.131€ 25.670€ 3.608€ -182.143€ 47.400€ 1.522€ 723€ 1.802€ 3.366€ -9.585€ -20.116€ -2.178
Income taxes€ -1.045€ -12.516€ 101€ -7.011€ -4.608€ -212€ 0€ -2
Net result€ 68.992€ -132.904€ -42.491€ -22.850€ 118.686€ -24.101€ -113.727€ 31.120€ 21.061€ 3.395€ -182.143€ 47.398€ 1.522€ 723€ 1.802€ 3.366€ -9.585€ -20.116€ -2.178
Balance sheet
Total assets€ 1.087.044€ 1.157.877€ 1.009.108€ 1.046.546€ 832.417€ 906.269€ 958.534€ 1.051.027€ 962.030€ 1.021.398€ 402.234€ 698.545€ 535.050€ 288.877€ 298.481€ 311.195€ 126.949€ 129.882€ 185.034
Receivables ≤ 1 year€ 92.563€ 33.206€ 92.431€ 131.369€ 48.435€ 39.663€ 33.175€ 88.200€ 28.277€ 14.550€ 10.424€ 5.649€ 5.792€ 6.281€ 23.318
Cash & equivalents€ 15.963€ 16.239€ 25.477€ 24.503€ 92.550€ 31.993€ 3.480€ 16.890€ 34.214€ 37.594€ 6.395€ 2.756€ 8.262€ 10.314€ 11.212€ 6.755€ 10.285€ 12.945€ 17.271
Equity€ 33.469€ -35.524€ 97.381€ 125.872€ 148.721€ 30.035€ 54.136€ 167.863€ 136.743€ -59.319€ -62.714€ 119.429€ 72.031€ 70.510€ 69.787€ 67.984€ 64.618€ 74.203€ 94.319
Amounts payable€ 665.026€ 876.234€ 904.398€ 883.164€ 825.288€ 1.080.717€ 464.948€ 579.115€ 463.018€ 218.368€ 228.695€ 243.211€ 62.331€ 55.679€ 90.715
Workforce
Average FTE2.44.76.27.05.64.54.95.46.16.44.50.30.20.60.90.50.40.1

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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