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1
Total HOAs
1
Regions
1
Municipalities
Flanders 1 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 677.738
Gross margin · 2025
▼ 4% vs 2024
📈
€ 414.102
Net result · 2025
▼ 4,4% vs 2024
🏦
€ 186.897
Equity · 2025
▲ 0,1% vs 2024
👥
5.1
Avg FTE · 2025
▲ 8,5% vs 2024
Revenue (gross margin)
Year-on-year evolution
2006
€-34k
2007
€122k
2008
€106k
2009
€187k
2010
€226k
2011
€223k
2012
€237k
2013
€202k
2014
€219k
2015
€51k
2016
€106k
2017
€129k
2018
€171k
2019
€103k
2020
€476k
2021
€585k
2022
€699k
2023
€835k
2024
€706k
2025
€678k
Net result
After tax
2006
€-147k
2007
€5k
2008
€39k
2009
€78k
2010
€8k
2011
€-43k
2012
€9k
2013
€-15k
2014
€12k
2015
€-68k
2016
€-6k
2017
€-12k
2018
€19k
2019
€-12k
2020
€338k
2021
€470k
2022
€510k
2023
€612k
2024
€433k
2025
€414k
Equity
At closing date
2006
€92k
2007
€97k
2008
€136k
2009
€214k
2010
€222k
2011
€180k
2012
€189k
2013
€174k
2014
€186k
2015
€119k
2016
€113k
2017
€100k
2018
€119k
2019
€108k
2020
€179k
2021
€179k
2022
€185k
2023
€185k
2024
€187k
2025
€187k
Average FTE
Full-time equivalents
2006
3.1
2007
1.6
2008
1.3
2009
2.4
2010
3.8
2011
4.8
2012
3.5
2013
3.6
2014
3.0
2015
1.3
2016
1.6
2017
1.0
2018
1.8
2019
2.0
2020
3.3
2021
3.2
2022
4.4
2023
4.6
2024
4.7
2025
5.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 26 May 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 677.738€ 706.224€ 835.463€ 699.350€ 584.801€ 475.822€ 103.081€ 171.148€ 129.320€ 105.790€ 51.242€ 219.209€ 202.303€ 237.332€ 222.584€ 225.965€ 186.924€ 105.618€ 121.581€ -34.366
Personnel costs€ -219.292€ -192.511€ -182.495€ -170.993€ -100.983€ -85.254€ -68.408€ -57.270€ -27.964€ -43.906€ -47.866€ -128.655€ -118.657€ -124.294€ -169.121€ -109.746€ -80.075€ -41.146€ -50.063€ -87.437
Depreciation€ -1.792€ -41.303€ -47.220€ -49.642€ -48.958€ -51.532€ -56.188€ -66.960€ -65.544€ -69.194€ -62.898€ -18.337€ -20.969€ -17.160€ -19.374
Operating result€ 427.225€ 456.314€ 623.048€ 510.837€ 479.604€ 382.994€ 7.206€ 46.053€ 19.139€ 11.139€ -50.448€ 31.241€ 14.756€ 42.904€ -22.448€ 49.090€ 86.957€ 34.551€ 50.998€ -128.557
Financial income€ 341€ 3.839€ 1.272€ 1.715€ 2.852€ 5.860€ 1.451€ 798€ 6.269€ 2.850€ 11.733€ 10.195€ 28.558€ 26.603€ 36.208
Financial charges€ -29.784€ -21.853€ -27.864€ -32.682€ -20.120€ -23.166€ -27.322€ -30.076€ -38.799€ -31.237€ -38.449€ -24.169€ -24.542€ -10.608€ -57.234
Result before tax€ 353.552€ -10.808€ 19.462€ -11.828€ -6.128€ -67.754€ 12.456€ -14.521€ 10.374€ -42.585€ 8.481€ 78.203€ 38.740€ 5.074€ -146.577
Income taxes€ -15.727€ -716€ -451€ -443€ -1€ -1.314€ -241
Net result€ 414.102€ 433.371€ 612.024€ 510.036€ 469.708€ 337.825€ -11.524€ 19.011€ -12.271€ -6.130€ -67.754€ 12.456€ -14.521€ 9.060€ -42.585€ 8.240€ 78.203€ 38.740€ 5.074€ -146.577
Balance sheet
Total assets€ 1.201.108€ 889.560€ 1.205.944€ 930.312€ 923.588€ 2.219.857€ 762.326€ 1.471.479€ 832.546€ 902.586€ 717.950€ 796.873€ 836.131€ 844.349€ 866.416€ 890.319€ 853.139€ 560.631€ 595.817€ 626.942
Receivables ≤ 1 year€ 773.849€ 63.262€ 172.753€ 180.483€ 221.105€ 270.369€ 246.856€ 199.504€ 155.789€ 178.317€ 148.674€ 268.703€ 388.649€ 384.577€ 343.708
Cash & equivalents€ 389.544€ 239.873€ 368.311€ 527.176€ 726.534€ 457.983€ 106.958€ 114.561€ 116.864€ 91.444€ 64.322€ 75.652€ 88.621€ 137.709€ 65.192€ 139.453€ 68.708€ 2.129€ 72.391€ 185.047
Equity€ 186.897€ 186.796€ 185.424€ 185.400€ 179.364€ 178.656€ 107.832€ 119.356€ 100.345€ 112.616€ 118.746€ 186.499€ 174.043€ 188.564€ 179.504€ 222.090€ 213.849€ 135.646€ 96.906€ 91.832
Amounts payable€ 2.041.201€ 654.494€ 1.352.124€ 732.201€ 789.970€ 599.204€ 610.373€ 662.088€ 655.785€ 686.912€ 668.229€ 639.290€ 424.985€ 498.911€ 535.110
Workforce
Average FTE5.14.74.64.43.23.32.01.81.01.61.33.03.63.54.83.82.41.31.63.1

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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