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

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 1.067.722
Gross margin · 2024
▲ 544,7% vs 2023
📈
€ 666.966
Net result · 2024
▲ 4942,8% vs 2023
🏦
€ 1.306.426
Equity · 2024
▲ 104,3% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€250k
2007
€262k
2008
€288k
2009
€303k
2010
€318k
2011
€364k
2012
€420k
2013
€488k
2014
€507k
2015
€536k
2016
€509k
2017
€566k
2018
€559k
2019
€688k
2020
€289k
2021
€169k
2022
€130k
2023
€166k
2024
€1,1M
Net result
After tax
2006
€68k
2007
€38k
2008
€10k
2009
€17k
2010
€37k
2011
€58k
2012
€59k
2013
€65k
2014
€65k
2015
€50k
2016
€28k
2017
€25k
2018
€2k
2019
€79k
2020
€54k
2021
€53k
2022
€-48k
2023
€-14k
2024
€667k
Equity
At closing date
2006
€75k
2007
€79k
2008
€89k
2009
€97k
2010
€103k
2011
€121k
2012
€130k
2013
€146k
2014
€161k
2015
€185k
2016
€213k
2017
€239k
2018
€241k
2019
€320k
2020
€448k
2021
€501k
2022
€452k
2023
€639k
2024
€1,3M
Average FTE
Full-time equivalents
2006
2.6
2007
3.2
2008
3.4
2009
3.4
2010
3.4
2011
3.5
2012
4.2
2013
5.5
2014
6.2
2015
7.6
2016
7.2
2017
6.9
2018
7.7
2019
8.1
2020
1.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 13 Jun 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 1.067.722€ 165.618€ 130.440€ 168.542€ 289.088€ 688.490€ 559.032€ 565.603€ 508.831€ 535.656€ 507.097€ 488.304€ 419.953€ 364.278€ 317.565€ 303.159€ 287.668€ 261.646€ 249.740
Personnel costs€ -363€ -223€ -72.392€ -449.012€ -438.743€ -357.746€ -306.891€ -349.239€ -301.990€ -280.871€ -219.685€ -184.881€ -175.197€ -168.207€ -157.403€ -142.389€ -105.172
Depreciation€ -113.350€ -101.905€ -111.725€ -105.038€ -108.419€ -102.411€ -85.311€ -84.393€ -73.586€ -67.324€ -53.024€ -80.919€ -43.007€ -41.104€ -36.565
Operating result€ 941.236€ 15.288€ -21.469€ 31.029€ 89.147€ 125.252€ 22.222€ 65.387€ 80.706€ 71.092€ 108.565€ 108.945€ 98.664€ 80.765€ 76.138€ 47.004€ 80.384€ 70.236€ 98.685
Financial income€ 620€ 5€ 881€ 1€ 100€ 228€ 1.180€ 643€ 620€ 16.028€ 2.430€ 1.543€ 12.539€ 3.588€ 2.439
Financial charges€ -16.164€ -15.514€ -15.452€ -19.350€ -22.120€ -18.207€ -29.322€ -31.658€ -33.865€ -33.499€ -36.390€ -24.100€ -60.855€ -27.561€ -26.363
Result before tax€ 73.602€ 109.743€ 7.651€ 46.039€ 58.686€ 53.113€ 79.467€ 77.127€ 68.765€ 64.105€ 43.095€ 24.162€ 31.937€ 45.762€ 71.542
Income taxes€ -20.494€ -30.746€ -5.513€ -20.895€ -30.685€ -3.549€ -14.077€ -11.861€ -9.778€ -6.160€ -6.305€ -7.563€ -22.109€ -7.324€ -3.774
Net result€ 666.966€ -13.772€ -48.198€ 52.692€ 53.524€ 78.997€ 2.138€ 25.144€ 28.001€ 49.565€ 65.391€ 65.266€ 58.988€ 57.945€ 36.790€ 16.599€ 9.828€ 38.437€ 67.768
Balance sheet
Total assets€ 2.202.495€ 2.720.748€ 2.835.629€ 2.662.993€ 1.925.740€ 1.255.492€ 1.397.220€ 1.339.824€ 1.401.005€ 1.375.939€ 1.207.914€ 1.134.474€ 1.187.776€ 1.099.918€ 1.016.077€ 1.026.766€ 646.352€ 706.526€ 704.232
Receivables ≤ 1 year€ 109.453€ 90.652€ 33.775€ 32.258€ 39.430€ 15.872€ 85.882€ 34.184€ 48.180€ 25.370€ 25.354€ 9.488€ 14.680€ 3.605€ 11.808
Cash & equivalents€ 171.339€ 42.844€ 17.180€ 125.526€ 187.818€ 98.166€ 211.727€ 111.209€ 81.485€ 115.637€ 105.726€ 84.607€ 74.939€ 48.652€ 125.748€ 195.408€ 61.715€ 86.118€ 61.369
Equity€ 1.306.426€ 639.460€ 452.312€ 500.510€ 447.818€ 319.748€ 240.752€ 238.614€ 213.470€ 185.469€ 160.905€ 145.514€ 130.248€ 121.261€ 102.516€ 96.726€ 89.278€ 79.450€ 74.513
Amounts payable€ 1.464.634€ 935.744€ 1.156.468€ 994.040€ 1.105.364€ 1.133.298€ 989.839€ 931.790€ 1.000.357€ 921.487€ 858.190€ 876.411€ 505.134€ 576.771€ 580.997
Workforce
Average FTE1.38.17.76.97.27.66.25.54.23.53.43.43.43.22.6

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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