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64
Total HOAs
2
Regions
15
Municipalities
Flanders 63 Brussels 1 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 →
💶
€ 337.361
Gross margin · 2025
▲ 7,7% vs 2024
📈
€ 82.116
Net result · 2025
▼ 8,7% vs 2024
🏦
€ 525.191
Equity · 2025
▲ 7,9% vs 2024
👥
3.1
Avg FTE · 2025
▼ 13,9% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€236k
2008
€272k
2009
€303k
2010
€311k
2011
€339k
2012
€411k
2013
€400k
2014
€404k
2015
€389k
2016
€398k
2017
€379k
2018
€330k
2019
€347k
2020
€280k
2021
€380k
2022
€388k
2023
€371k
2024
€313k
2025
€337k
Net result
After tax
2007
€27k
2008
€28k
2009
€6k
2010
€942
2011
€2k
2012
€5k
2013
€917
2014
€214
2015
€4k
2016
€9k
2017
€5k
2018
€284
2019
€31k
2020
€4k
2021
€47k
2022
€35k
2023
€53k
2024
€90k
2025
€82k
Equity
At closing date
2007
€186k
2008
€214k
2009
€220k
2010
€221k
2011
€223k
2012
€228k
2013
€229k
2014
€209k
2015
€213k
2016
€222k
2017
€227k
2018
€227k
2019
€258k
2020
€262k
2021
€309k
2022
€344k
2023
€397k
2024
€487k
2025
€525k
Average FTE
Full-time equivalents
2007
3.9
2008
3.8
2009
4.8
2010
5.5
2011
5.4
2012
6.2
2013
6.9
2014
7.0
2015
7.0
2016
7.1
2017
6.6
2018
5.7
2019
5.0
2020
5.2
2021
6.1
2022
6.6
2023
5.4
2024
3.6
2025
3.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 01 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 337.361€ 313.173€ 370.583€ 387.837€ 379.643€ 279.834€ 347.303€ 329.615€ 379.090€ 398.037€ 389.038€ 404.333€ 399.567€ 411.107€ 338.921€ 310.933€ 302.643€ 272.015€ 235.723
Personnel costs€ -142.730€ -116.384€ -234.864€ -281.573€ -265.738€ -226.456€ -255.434€ -265.839€ -319.121€ -336.555€ -334.033€ -337.748€ -318.648€ -265.444€ -238.963€ -219.474€ -190.977€ -132.217€ -120.080
Depreciation€ -32.667€ -37.215€ -33.653€ -51.879€ -36.132€ -30.380€ -47.641€ -57.448€ -63.277€ -102.444€ -81.933€ -76.852€ -81.737€ -87.177€ -63.428
Operating result€ 128.664€ 139.585€ 86.719€ 62.688€ 76.763€ 11.542€ 54.534€ 8.194€ 18.769€ 26.524€ 2.859€ 4.703€ 14.469€ 35.468€ 12.332€ 9.856€ 28.486€ 46.179€ 47.135
Financial income€ 1.369€ 1.218€ 725€ 1.327€ 2.570€ 1.130€ 1.583€ 4.815€ 2.093€ 3.478€ 4.195€ 3.172€ 4.341€ 2.565€ 2.693
Financial charges€ -6.061€ -4.264€ -5.003€ -3.665€ -6.487€ -6.418€ -5.287€ -5.716€ -7.907€ -29.173€ -13.002€ -16.004€ -17.234€ -17.042€ -16.088
Result before tax€ 72.071€ 8.496€ 50.256€ 5.856€ 14.852€ 21.236€ 10.674€ 14.798€ 8.655€ 10.294€ 5.527€ 1.325€ 13.443€ 37.836€ 33.740
Income taxes€ -24.963€ -4.188€ -19.452€ -5.572€ -9.884€ -12.200€ -6.863€ -14.584€ -7.738€ -5.592€ -3.600€ -382€ -7.343€ -9.507€ -7.007
Net result€ 82.116€ 89.958€ 52.678€ 34.903€ 47.108€ 4.308€ 30.804€ 284€ 4.968€ 9.036€ 3.811€ 214€ 917€ 4.701€ 1.927€ 942€ 6.100€ 28.328€ 26.733
Balance sheet
Total assets€ 864.460€ 783.094€ 672.999€ 711.340€ 639.315€ 592.419€ 553.381€ 522.502€ 424.454€ 470.428€ 488.060€ 496.759€ 524.930€ 562.170€ 514.539€ 556.039€ 651.962€ 614.473€ 579.509
Receivables ≤ 1 year€ 37.207€ 81.797€ 57.809€ 71.906€ 98.626€ 87.587€ 58.937€ 40.667€ 92.469€ 88.986€ 39.493€ 74.484€ 127.245€ 77.158€ 90.769
Cash & equivalents€ 318.436€ 273.643€ 269.132€ 307.916€ 257.631€ 149.993€ 148.071€ 148.101€ 142.286€ 183.714€ 202.008€ 194.445€ 173.363€ 171.980€ 159.839€ 154.159€ 165.594€ 150.900€ 152.034
Equity€ 525.191€ 486.616€ 396.658€ 343.981€ 309.078€ 261.970€ 257.663€ 226.859€ 226.574€ 221.607€ 212.571€ 208.760€ 228.546€ 227.630€ 222.928€ 221.002€ 220.059€ 213.960€ 185.632
Amounts payable€ 330.236€ 330.449€ 295.719€ 295.643€ 197.880€ 248.822€ 275.489€ 287.998€ 296.384€ 334.540€ 291.611€ 316.143€ 412.771€ 381.381€ 374.746
Workforce
Average FTE3.13.65.46.66.15.25.05.76.67.17.07.06.96.25.45.54.83.83.9

HOA portfolio 64 HOAs

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