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5
Total HOAs
3
Regions
5
Municipalities
Flanders 1 Brussels 1 Wallonia 3
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ -251.221
Gross margin · 2025
▼ 741,9% vs 2024
📈
€ -308.947
Net result · 2025
▼ 2907,8% vs 2024
🏦
€ -260.259
Equity · 2025
▼ 634,5% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€22k
2007
€-1k
2008
€-1k
2009
€-6k
2010
€-1k
2011
€-6k
2012
€-1k
2013
€-8k
2014
€-9k
2015
€5k
2016
€-5k
2017
€4k
2018
€-2k
2019
€-920
2021
€50k
2022
€30k
2023
€12k
2024
€39k
2025
€-251k
Net result
After tax
2006
€18k
2007
€-10k
2008
€-6k
2009
€5k
2010
€-2k
2011
€-12k
2012
€-16k
2013
€-20k
2014
€-19k
2015
€5k
2016
€-7k
2017
€4k
2018
€-2k
2019
€-1k
2021
€50k
2022
€24k
2023
€-4k
2024
€-10k
2025
€-309k
Equity
At closing date
2006
€86k
2007
€76k
2008
€70k
2009
€75k
2010
€73k
2011
€62k
2012
€45k
2013
€25k
2014
€5k
2015
€10k
2016
€3k
2017
€6k
2018
€5k
2019
€4k
2021
€52k
2022
€76k
2023
€59k
2024
€49k
2025
€-260k
Average FTE
Full-time equivalents
-
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 31 May 2026
Line item2025202420232022202120192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ -251.221€ 39.139€ 12.180€ 29.902€ 50.000€ -920€ -1.843€ 3.738€ -4.851€ 4.790€ -8.598€ -7.658€ -1.119€ -5.740€ -1.477€ -5.863€ -1.308€ -1.312€ 21.916
Personnel costs€ -318€ -4.303-------€ 117€ -10.529€ -12.361€ -14.676€ -5.252---€ 2.186-
Depreciation-----------€ 0€ -534€ -600€ -600€ -600€ -4.410€ -3.843€ -3.843
Operating result€ -306.755€ -8.823€ -2.939€ 26.138€ 50.000€ -920€ -1.843€ 3.738€ -7.283€ 4.818€ -19.216€ -20.107€ -16.418€ -11.681€ -2.166€ -6.552€ -5.808€ -3.058€ 17.998
Financial income----------€ 1€ 51€ 4-€ 23-€ 1€ 62€ 82
Financial charges-----€ -287€ -138€ -123€ -103€ -106€ -262€ -110€ -34€ -30€ -30€ -30€ -68€ -68€ -59
Result before tax-----€ -1.206€ -1.684€ 3.614€ -7.387€ 4.712€ -19.477€ -20.167€ -16.448€ -11.711€ -2.173€ 5.418€ -5.875€ -3.103€ 18.022
Income taxes-----------€ -11€ -1-€ -3-€ 9€ -6.873€ -12
Net result€ -308.947€ -10.272€ -4.338€ 23.736€ 50.000€ -1.206€ -1.684€ 3.614€ -7.387€ 4.712€ -19.477€ -20.177€ -16.449€ -11.711€ -2.176€ 5.418€ -5.866€ -9.976€ 18.010
Balance sheet
Total assets€ 485.574€ 1.036.550€ 192.560€ 407.488€ 194.477€ 86.961€ 87.595€ 90.208€ 89.744€ 97.149€ 92.966€ 107.914€ 121.476€ 136.835€ 148.861€ 152.623€ 144.659€ 159.115€ 202.930
Receivables ≤ 1 year-----€ 83.691€ 83.691€ 84.005€ 83.823€ 86.123€ 86.615€ 100.570€ 114.734€ 132.877€ 143.263€ 146.763€ 136.763€ 148.763€ 187.519
Cash & equivalents€ 133.285€ 114.114€ 15.339€ 3.229€ 12.686€ 3.271€ 3.904€ 6.204€ 5.921€ 11.026€ 6.190€ 7.183€ 6.582€ 3.264€ 4.465€ 4.126€ 5.562€ 3.608€ 4.824
Equity€ -260.259€ 48.688€ 58.959€ 76.166€ 52.430€ 3.528€ 4.734€ 6.418€ 2.804€ 10.190€ 5.478€ 24.955€ 45.133€ 61.581€ 73.293€ 75.469€ 70.051€ 75.917€ 85.892
Amounts payable-----€ 83.434€ 82.861€ 83.790€ 86.940€ 86.959€ 87.488€ 82.958€ 76.344€ 75.254€ 75.569€ 77.155€ 74.608€ 83.198€ 117.038
Workforce
Average FTE-------------------

HOA portfolio 5 HOAs

VME Address Municipality Region
Brussels
Wallonia
Flanders
Wallonia
Wallonia
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