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📍 Locations · 14

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1977
Total HOAs
1945 direct + 32 via acquisitions
3
Regions
188
Municipalities
Flanders 1924 Brussels 46 Wallonia 7
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2024). Amounts in euros.

View at NBB →
💶
€ 9.629.621
Gross margin · 2024
▲ 3,6% vs 2023
📈
€ -1.748.822
Net result · 2024
▲ 1,4% vs 2023
🏦
€ -771.166
Equity · 2024
▲ 54,8% vs 2023
👥
141.2
Avg FTE · 2024
▼ 2,9% vs 2023
Revenue (gross margin)
Year-on-year evolution
2007
€197k
2008
€350k
2009
€394k
2010
€589k
2011
€712k
2012
€1,0M
2013
€1,2M
2014
€1,7M
2016
€2,4M
2018
€3,0M
2019
€3,4M
2020
€7,6M
2021
€6,8M
2022
€7,6M
2023
€9,3M
2024
€9,6M
Net result
After tax
2007
€1k
2008
€2k
2009
€2k
2010
€663
2011
€4k
2012
€1k
2013
€12k
2014
€8k
2016
€7k
2018
€92k
2019
€30k
2020
€30k
2021
€-358k
2022
€-346k
2023
€-1,8M
2024
€-1,7M
Equity
At closing date
2007
€120k
2008
€122k
2009
€124k
2010
€124k
2011
€129k
2012
€130k
2013
€142k
2014
€150k
2016
€231k
2018
€406k
2019
€436k
2020
€466k
2021
€259k
2022
€-20k
2023
€-1,7M
2024
€-771k
Average FTE
Full-time equivalents
2007
4.6
2008
7.5
2009
8.5
2010
10.3
2011
16.0
2012
22.8
2013
26.4
2014
32.2
2016
44.5
2018
50.6
2019
64.8
2020
92.3
2021
117.0
2022
134.7
2023
145.4
2024
141.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 11 earlier yearsApproved 31 Oct 2025
Line item20242023202220212020
Income statement
Gross operating margin€ 9.629.621€ 9.293.028€ 7.588.034€ 6.839.836€ 7.566.357
Personnel costs€ -9.820.701€ -9.452.889€ -7.420.246€ -6.394.175€ -7.250.368
Depreciation€ -217.450
Operating result€ -1.532.646€ -1.626.384€ -288.014€ -180.309€ 52.819
Financial income€ 201
Financial charges€ -13.173
Result before tax€ 39.847
Income taxes€ -10.048
Net result€ -1.748.822€ -1.772.872€ -346.243€ -358.089€ 29.800
Balance sheet
Total assets€ 4.120.578€ 4.580.054€ 3.455.125€ 2.775.039€ 2.228.513
Receivables ≤ 1 year€ 313.040
Cash & equivalents€ 52.632€ 153.652€ 423.463€ 403.616€ 457.514
Equity€ -771.166€ -1.705.611€ -20.253€ 258.579€ 466.001
Amounts payable€ 1.762.512
Workforce
Average FTE141.2145.4134.7117.092.3
Attachments

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
Absorption
Absorption
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HOA portfolio 1977 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Flanders
Flanders
Flanders
Flanders
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