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453
Total HOAs
1
Regions
30
Municipalities
Flanders 453 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 →
💶
€ 2.740.232
Gross margin · 2024
▲ 26,2% vs 2023
📈
€ 627.023
Net result · 2024
▲ 21358,4% vs 2023
🏦
€ 558.479
Equity · 2024
▼ 30,1% vs 2023
👥
30.5
Avg FTE · 2024
▲ 0,7% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€257k
2007
€296k
2008
€244k
2009
€237k
2010
€340k
2011
€375k
2012
€528k
2013
€713k
2014
€662k
2015
€1,2M
2016
€1,1M
2017
€1,4M
2018
€1,2M
2019
€1,7M
2020
€1,8M
2021
€1,9M
2022
€2,3M
2023
€2,2M
2024
€2,7M
Net result
After tax
2006
€50k
2007
€33k
2008
€-41k
2009
€-55k
2010
€16k
2011
€-20k
2012
€47k
2013
€29k
2014
€-42k
2015
€55k
2016
€-37k
2017
€129k
2018
€81k
2019
€186k
2020
€192k
2021
€105k
2022
€152k
2023
€3k
2024
€627k
Equity
At closing date
2006
€96k
2007
€129k
2008
€88k
2009
€33k
2010
€49k
2011
€29k
2012
€76k
2013
€105k
2014
€63k
2015
€117k
2016
€80k
2017
€210k
2018
€291k
2019
€477k
2020
€668k
2021
€773k
2022
€796k
2023
€799k
2024
€558k
Average FTE
Full-time equivalents
2006
5.2
2007
6.0
2008
5.7
2009
6.2
2010
7.5
2011
8.7
2012
11.5
2013
14.1
2014
16.7
2015
22.2
2016
22.3
2017
22.6
2018
22.7
2019
25.2
2020
30.4
2021
29.0
2022
27.2
2023
30.3
2024
30.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 31 Mar 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 2.740.232€ 2.171.329€ 2.276.035€ 1.927.132€ 1.804.797€ 1.668.871€ 1.237.622€ 1.379.997€ 1.110.670€ 1.245.706€ 661.719€ 713.194€ 528.108€ 374.775€ 340.362€ 237.398€ 243.609€ 295.641€ 256.954
Personnel costs€ -1.951.840€ -1.867.999€ -1.773.727€ -1.430.501€ -1.398.160€ -1.027.216€ -967.002€ -969.785€ -1.012.893€ -918.251€ -667.907€ -437.032€ -397.099€ -316.244€ -283.647€ -245.357€ -219.233€ -185.943€ -149.244
Depreciation€ -231.090€ -158.981€ -120.680€ -124.764€ -116.640€ -208.343€ -94.537€ -38.073€ -52.078€ -73.508€ -35.973€ -38.585€ -58.761€ -57.941€ -47.982
Operating result€ 652.464€ 42.074€ 253.916€ 190.411€ 290.611€ 307.892€ 136.294€ 250.843€ -26.256€ 110.684€ -88.469€ 50.650€ 74.073€ -19.806€ 16.951€ -52.001€ -39.124€ 46.124€ 53.918
Financial income€ 1.523€ 9.069€ 12.222€ 10.100€ 391€ 549€ 1.214€ 1.385€ 686€ 391€ 402€ 95€ 869€ 818€ 487
Financial charges€ -6.689€ -4.663€ -5.196€ -6.218€ -2.838€ -4.447€ -1.148€ -525€ -556€ -162€ -1.177€ -2.686€ -2.687€ -4.807€ -6.625
Result before tax€ 285.445€ 312.505€ 143.320€ 254.725€ -28.703€ 106.786€ -41.903€ 51.510€ 74.203€ -20.437€ 16.176€ -54.592€ -40.942€ 42.135€ 47.780
Income taxes€ -93.908€ -126.408€ -62.300€ -125.430€ -8.529€ -52.244€ -199€ -22.536€ -27.023€ -56€ -60€ -8.994€ 2.308
Net result€ 627.023€ 2.922€ 151.561€ 105.212€ 191.538€ 186.097€ 81.020€ 129.295€ -37.232€ 54.542€ -42.102€ 28.974€ 47.180€ -20.493€ 16.116€ -54.592€ -40.942€ 33.141€ 50.088
Balance sheet
Total assets€ 1.660.109€ 1.202.174€ 1.279.637€ 1.209.990€ 1.301.819€ 1.533.886€ 852.661€ 675.504€ 697.701€ 542.225€ 544.849€ 342.448€ 192.610€ 179.691€ 194.112€ 159.286€ 191.958€ 255.648€ 258.676
Receivables ≤ 1 year€ 125.939€ 191.726€ 213.141€ 78.580€ 259.824€ 30.551€ 77.875€ 79.680€ 59.441€ 39.950€ 26.678€ 26.204€ 15.152€ 7.601€ 8.321
Cash & equivalents€ 321.781€ 941€ 13.934€ 169.399€ 465.089€ 261.150€ 146.854€ 190€ 93.944€ 107.696€ 227.434€ 71.633€ 15.128€ 58.406€ 5.139€ 22.487€ 17.663
Equity€ 558.479€ 798.571€ 795.649€ 773.384€ 668.172€ 476.634€ 290.537€ 209.518€ 80.222€ 117.454€ 62.912€ 105.014€ 76.040€ 28.860€ 49.353€ 33.237€ 87.829€ 128.771€ 95.630
Amounts payable€ 633.647€ 929.109€ 433.981€ 325.986€ 477.479€ 284.771€ 441.937€ 137.434€ 116.570€ 150.831€ 144.759€ 126.049€ 104.129€ 126.877€ 163.046
Workforce
Average FTE30.530.327.229.030.425.222.722.622.322.216.714.111.58.77.56.25.76.05.2

HOA portfolio 453 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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