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3
Total HOAs
1
Regions
1
Municipalities
Flanders 3 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 →
💶
€ 62.449
Gross margin · 2025
▲ 202,4% vs 2024
📈
€ 59.280
Net result · 2025
▲ 180,4% vs 2024
🏦
€ 52.976
Equity · 2025
▲ 940,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€40k
2007
€21k
2008
€11k
2009
€11k
2010
€11k
2011
€22k
2012
€9k
2013
€-25k
2014
€-27k
2015
€82k
2016
€127k
2017
€152k
2018
€90k
2019
€87k
2020
€70k
2021
€109k
2022
€200k
2023
€209k
2024
€-61k
2025
€62k
Net result
After tax
2006
€-2k
2007
€3k
2008
€-921
2009
€-201
2010
€-2k
2011
€7k
2012
€-1k
2013
€-56k
2014
€-61k
2015
€10k
2016
€5k
2017
€2k
2018
€5k
2019
€6k
2020
€-46k
2021
€-22k
2022
€56k
2023
€53k
2024
€-74k
2025
€59k
Equity
At closing date
2006
€110k
2007
€113k
2008
€112k
2009
€111k
2010
€109k
2011
€116k
2012
€115k
2013
€59k
2014
€-2k
2015
€8k
2016
€14k
2017
€16k
2018
€21k
2019
€27k
2020
€-19k
2021
€-42k
2022
€14k
2023
€67k
2024
€-6k
2025
€53k
Average FTE
Full-time equivalents
2014
0.1
2015
1.2
2016
1.5
2017
2.2
2018
1.7
2019
1.2
2020
2.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 01 Jun 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 62.449€ -60.967€ 209.036€ 200.385€ 108.904€ 69.709€ 87.307€ 90.494€ 151.964€ 127.229€ 81.755€ -27.164€ -24.865€ 9.081€ 21.534€ 10.668€ 10.670€ 11.382€ 20.882€ 40.414
Personnel costs€ -5.001€ -70.075€ -91.517€ -77.487€ -47.689€ -31.256€ -36.063€ -87.060€ -51.931€ -34.406€ -239
Depreciation€ -43.140€ -40.321€ -40.290€ -49.880€ -36.679€ -27.590€ -16.846€ -17.541€ -9.565€ -9.791€ -9.558€ -8.758€ -7.462€ -10.175€ -9.842
Operating result€ 60.602€ -75.511€ 70.853€ 57.163€ -12.762€ -33.196€ 13.312€ 12.886€ 13.958€ 16.410€ 17.556€ -45.054€ -43.522€ -1.215€ 9.889€ -906€ 185€ 2.157€ 9.060€ 28.498
Financial income€ 52€ 1.187€ 429€ 152€ 493€ 1.415€ 614€ 184€ 1.225€ 843€ 113€ 117€ 448€ 268€ 508
Financial charges€ -12.971€ -8.127€ -8.340€ -11.849€ -11.529€ -8.553€ -13.400€ -3.465€ -2.118€ -2.820€ -2.788€ -3.031€ -3.378€ -4.213€ -31.121
Result before tax€ -46.116€ 6.372€ 4.975€ 2.261€ 5.373€ 10.418€ -61.390€ -55.714€ 530€ 7.912€ -2.351€ 197€ -773€ 5.115€ -2.115
Income taxes€ -485€ -33€ -4€ -1.540€ -1.034€ -9€ -398€ -148€ -2.525€ 109
Net result€ 59.280€ -73.722€ 53.181€ 56.051€ -22.456€ -46.116€ 5.887€ 4.975€ 2.227€ 5.369€ 10.418€ -61.390€ -55.714€ -1.010€ 6.878€ -2.360€ -201€ -921€ 2.590€ -2.006
Balance sheet
Total assets€ 133.043€ 135.461€ 277.039€ 370.988€ 355.021€ 359.352€ 362.176€ 377.655€ 382.509€ 355.194€ 343.837€ 270.244€ 223.735€ 218.228€ 215.331€ 211.387€ 202.657€ 216.152€ 230.563€ 204.637
Receivables ≤ 1 year€ 80.496€ 88.935€ 123.435€ 96.076€ 91.118€ 58.912€ 11.865€ 6.346€ 3.571€ 7.219€ 6.860€ 9.050€ 8.146€ 11.766€ 9.451
Cash & equivalents€ 75.742€ 42.161€ 79.370€ 363€ 26.426€ 30.178€ 23.137€ 15.435€ 8.475€ 19.884€ 41.547€ 45.529€ 17.757€ 14.684€ 6.378€ 3.348€ 2.841€ 15.227€ 6.237€ 4.818
Equity€ 52.976€ -6.305€ 67.418€ 14.236€ -41.815€ -19.359€ 26.757€ 20.870€ 15.896€ 13.668€ 8.299€ -2.119€ 59.272€ 114.985€ 115.995€ 109.117€ 111.477€ 111.678€ 112.599€ 110.009
Amounts payable€ 378.711€ 335.419€ 356.784€ 366.613€ 341.526€ 335.538€ 272.363€ 164.463€ 103.243€ 99.336€ 102.270€ 91.180€ 104.474€ 117.964€ 94.628
Workforce
Average FTE2.11.21.72.21.51.20.1

HOA portfolio 3 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
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