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📍 Locations · 2

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62
Total HOAs
2
Regions
12
Municipalities
Flanders 3 Brussels 59 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 →
💶
€ 1.003.048
Gross margin · 2025
▲ 0,4% vs 2024
📈
€ 172.164
Net result · 2025
▼ 14,3% vs 2024
🏦
€ 914.203
Equity · 2025
▲ 23,2% vs 2024
👥
15.0
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€115k
2008
€155k
2009
€237k
2010
€191k
2011
€188k
2012
€216k
2013
€257k
2014
€326k
2015
€300k
2016
€383k
2017
€413k
2018
€475k
2019
€518k
2020
€636k
2021
€634k
2022
€724k
2023
€821k
2024
€999k
2025
€1,0M
Net result
After tax
2007
€19k
2008
€43k
2009
€-9k
2010
€-5k
2011
€-1k
2012
€5k
2013
€10k
2014
€25k
2015
€25k
2016
€7k
2017
€62k
2018
€29k
2019
€13k
2020
€74k
2021
€76k
2022
€122k
2023
€130k
2024
€201k
2025
€172k
Equity
At closing date
2007
€89k
2008
€127k
2009
€118k
2010
€113k
2011
€112k
2012
€117k
2013
€119k
2014
€102k
2015
€101k
2016
€108k
2017
€162k
2018
€182k
2019
€190k
2020
€263k
2021
€339k
2022
€461k
2023
€556k
2024
€742k
2025
€914k
Average FTE
Full-time equivalents
2007
3.5
2008
3.6
2009
4.1
2010
4.0
2011
4.1
2012
4.1
2013
7.3
2014
7.3
2015
7.0
2016
7.2
2017
7.2
2018
12.0
2019
12.2
2020
12.4
2021
12.4
2022
14.0
2023
18.0
2025
15.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Sept 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 1.003.048€ 998.896€ 820.685€ 724.190€ 634.115€ 635.586€ 517.697€ 474.877€ 412.539€ 382.556€ 300.358€ 325.849€ 256.530€ 215.720€ 188.289€ 190.939€ 237.258€ 154.562€ 115.117
Personnel costs€ -662.493€ -602.984€ -527.800€ -451.693€ -390.367€ -388.088€ -363.339€ -310.950€ -192.897€ -171.437€ -172.340€ -171.950€ -135.613€ -115.808€ -77.687€ -93.182€ -92.634€ -66.622€ -58.112
Depreciation€ -61.675€ -74.340€ -81.504€ -84.949€ -84.753€ -133.448€ -42.208€ -70.637€ -54.010€ -70.330€ -51.787€ -49.080€ -122.020€ -21.465€ -22.251
Operating result€ 266.739€ 319.604€ 219.627€ 206.809€ 172.964€ 161.555€ 61.385€ 68.872€ 125.103€ 58.041€ 77.207€ 76.293€ 60.706€ 46.641€ 39.757€ 32.122€ 18.796€ 62.599€ 31.352
Financial income€ 286€ 54€ 332€ 40€ 351€ 433€ 1.203€ 1.481€ 295€ 427€ 965€ 1.541€ 4.031€ 477€ 764
Financial charges€ -55.720€ -34.565€ -31.160€ -31.710€ -27.441€ -31.207€ -24.229€ -29.719€ -29.708€ -31.284€ -31.335€ -31.755€ -25.688€ -6.703€ -5.547
Result before tax€ 117.530€ 127.045€ 30.556€ 37.203€ 98.014€ 27.267€ 54.181€ 48.055€ 31.293€ 17.428€ 5.887€ 1.908€ -2.861€ 56.373€ 26.569
Income taxes€ -41.926€ -53.509€ -17.725€ -8.000€ -35.785€ -20.581€ -29.465€ -22.811€ -21.542€ -12.040€ -6.954€ -6.553€ -6.272€ -13.456€ -7.605
Net result€ 172.164€ 200.900€ 130.452€ 121.691€ 75.604€ 73.536€ 12.831€ 29.203€ 62.229€ 6.686€ 24.716€ 25.244€ 9.751€ 5.388€ -1.067€ -4.645€ -9.133€ 42.917€ 18.964
Balance sheet
Total assets€ 1.580.944€ 1.523.395€ 1.442.329€ 1.345.355€ 1.243.801€ 1.168.416€ 1.122.977€ 1.181.605€ 1.225.950€ 1.204.035€ 858.400€ 865.023€ 859.745€ 894.676€ 856.726€ 834.265€ 826.468€ 317.136€ 256.437
Receivables ≤ 1 year€ 90.548€ 102.571€ 69.895€ 53.647€ 78.830€ 57.254€ 71.806€ 85.082€ 81.607€ 53.684€ 74.574€ 66.298€ 67.248€ 48.604€ 28.733
Cash & equivalents€ 789.617€ 667.054€ 591.354€ 540.885€ 458.175€ 325.480€ 248.451€ 282.001€ 245.587€ 229.812€ 272.774€ 264.088€ 197.970€ 209.939€ 227.635€ 159.830€ 128.253€ 137.981€ 88.713
Equity€ 914.203€ 742.039€ 556.140€ 460.687€ 338.997€ 263.393€ 189.857€ 181.526€ 161.830€ 108.089€ 101.403€ 101.687€ 118.943€ 117.192€ 111.804€ 112.871€ 117.516€ 126.649€ 88.732
Amounts payable€ 858.912€ 859.131€ 887.228€ 954.188€ 1.027.735€ 1.050.054€ 711.105€ 717.444€ 694.910€ 731.592€ 676.084€ 662.517€ 660.561€ 153.369€ 140.104
Workforce
Average FTE15.018.014.012.412.412.212.07.27.27.07.37.34.14.14.04.13.63.5

HOA portfolio 62 HOAs

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