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📍 Locations · 1

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19
Total HOAs
1
Regions
3
Municipalities
Flanders 0 Brussels 0 Wallonia 19
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 100.887
Gross margin · 2025
▼ 37,4% vs 2024
📈
€ 26.837
Net result · 2025
▼ 63,5% vs 2024
🏦
€ 435.586
Equity · 2025
▲ 6,6% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€22k
2007
€88k
2008
€123k
2009
€50k
2010
€130k
2011
€162k
2012
€148k
2013
€175k
2014
€163k
2015
€246k
2016
€220k
2017
€144k
2018
€189k
2019
€141k
2020
€132k
2021
€125k
2022
€53k
2023
€114k
2024
€161k
2025
€101k
Net result
After tax
2006
€-62k
2007
€-3k
2008
€69k
2009
€-5k
2010
€36k
2011
€44k
2012
€27k
2013
€58k
2014
€50k
2015
€97k
2016
€59k
2017
€25k
2018
€56k
2019
€25k
2020
€52k
2021
€53k
2022
€3k
2023
€55k
2024
€74k
2025
€27k
Equity
At closing date
2006
€-59k
2007
€-62k
2008
€7k
2009
€2k
2010
€38k
2011
€82k
2012
€109k
2013
€167k
2014
€192k
2015
€289k
2016
€336k
2017
€332k
2018
€359k
2019
€384k
2020
€386k
2021
€362k
2022
€366k
2023
€420k
2024
€409k
2025
€436k
Average FTE
Full-time equivalents
2006
3.0
2007
2.3
2008
2.2
2009
2.0
2010
2.4
2011
4.5
2012
4.0
2013
2.7
2014
2.3
2015
2.5
2016
2.5
2017
2.3
2018
2.8
2019
3.3
2020
2.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 15 earlier yearsApproved 01 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 100.887€ 161.092€ 113.904€ 53.478€ 124.929
Personnel costs€ -55.657€ -42.528€ -27.539€ -40.495€ -36.191
Depreciation
Operating result€ 38.567€ 110.897€ 81.259€ 7.072€ 79.728
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 26.837€ 73.572€ 54.574€ 3.213€ 53.354
Balance sheet
Total assets€ 499.118€ 561.559€ 552.071€ 498.192€ 454.399
Receivables ≤ 1 year
Cash & equivalents€ 495.150€ 559.789€ 548.247€ 480.972€ 448.241
Equity€ 435.586€ 408.749€ 420.177€ 365.603€ 362.390
Amounts payable
Workforce
Average FTE

HOA portfolio 19 HOAs

VME Address Municipality Region
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
Wallonia
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