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📍 Locations · 1

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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 →
💶
€ 577
Gross margin · 2025
▼ 89,1% vs 2024
📈
€ -12.765
Net result · 2025
▼ 63,5% vs 2024
🏦
€ -52.212
Equity · 2025
▼ 32,4% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€7k
2008
€-643
2009
€3k
2010
€6k
2011
€9k
2012
€13k
2013
€-6k
2014
€10k
2015
€701
2016
€5k
2017
€8k
2018
€-403
2019
€6k
2020
€11k
2021
€7k
2022
€-87
2023
€14k
2024
€5k
2025
€577
Net result
After tax
2007
€-30k
2008
€244k
2009
€-13k
2010
€-7k
2011
€-4k
2012
€2k
2013
€-18k
2014
€-8k
2015
€-11k
2016
€-6k
2017
€-4k
2018
€-13k
2019
€-6k
2020
€-786
2021
€-9k
2022
€-13k
2023
€929
2024
€-8k
2025
€-13k
Equity
At closing date
2007
€-166k
2008
€78k
2009
€65k
2010
€58k
2011
€54k
2012
€56k
2013
€38k
2014
€29k
2015
€18k
2016
€12k
2017
€9k
2018
€-4k
2019
€-10k
2020
€-11k
2021
€-20k
2022
€-33k
2023
€-32k
2024
€-39k
2025
€-52k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 01 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 577€ 5.308€ 13.800€ -87€ 7.241€ 11.157€ 5.934€ -403€ 8.079€ 5.214€ 701€ 9.899€ -5.717€ 12.765€ 8.999€ 5.995€ 2.552€ -643€ 6.670
Personnel costs
Depreciation€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.300€ -10.333€ -10.364€ -10.430€ -16.508
Operating result€ -12.722€ -7.769€ 968€ -12.767€ -5.792€ -1.120€ -6.553€ -13.272€ -4.733€ -7.754€ -12.397€ -2.829€ -18.451€ 1.428€ -5.200€ -7.245€ -8.807€ -15.692€ -14.337
Financial income€ 360€ 390€ 507€ 1.200€ 2.050€ 1.204€ 285€ 436€ 327€ 997€ 538€ 2.688€ 3.014€ 2.706
Financial charges€ -3.021€ -26€ -24€ -21€ -24€ -25€ -18€ -10€ -43€ -11€ -11€ -6.831€ -10.751€ -18.494
Result before tax€ -8.813€ -786€ -6.187€ -12.786€ -3.556€ -5.704€ -11.218€ -8.425€ -18.026€ 1.713€ -4.213€ -6.717€ -12.950€ 360.378€ -29.623
Income taxes€ -403€ -116.101
Net result€ -12.765€ -7.808€ 929€ -12.804€ -8.813€ -786€ -6.187€ -12.786€ -3.556€ -5.704€ -11.218€ -8.425€ -18.026€ 1.713€ -4.213€ -7.120€ -12.950€ 244.277€ -29.623
Balance sheet
Total assets€ 76.168€ 89.120€ 113.361€ 112.432€ 125.236€ 134.050€ 139.835€ 176.022€ 188.811€ 192.368€ 198.218€ 209.286€ 217.711€ 255.737€ 289.594€ 329.788€ 362.027€ 372.273€ 354.771
Receivables ≤ 1 year€ 230€ 230€ 230€ 393€ 360€ 5.207€ 1.716€ 3.331€ 3.150€ 5.920€ 676
Cash & equivalents€ 23.804€ 26.288€ 8.142€ 17.168€ 31.672€ 9.585€ 9.430€ 35.707€ 10.567€ 2.023€ 2.624€ 3.229€ 35.524€ 58.402€ 30.721€ 59.000€ 1.087€ 6.004€ 2.507
Equity€ -52.212€ -39.447€ -31.639€ -32.568€ -19.764€ -10.950€ -10.165€ -3.978€ 8.808€ 12.365€ 18.068€ 29.286€ 37.711€ 55.737€ 54.024€ 58.237€ 65.357€ 78.307€ -165.970
Amounts payable€ 145.000€ 145.000€ 150.000€ 180.000€ 180.003€ 180.003€ 180.150€ 180.000€ 180.000€ 200.000€ 235.570€ 271.551€ 296.669€ 293.966€ 520.741
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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