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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 (2006–2024). Amounts in euros.

View at NBB →
💶
€ 162.832
Gross margin · 2024
▲ 15% vs 2023
📈
€ -31.463
Net result · 2024
▼ 239,3% vs 2023
🏦
€ 672.490
Equity · 2024
▼ 64,7% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€78k
2007
€90k
2008
€111k
2009
€137k
2010
€196k
2011
€167k
2012
€174k
2013
€177k
2014
€171k
2015
€151k
2016
€188k
2017
€204k
2018
€219k
2019
€216k
2020
€177k
2021
€183k
2022
€980k
2023
€142k
2024
€163k
Net result
After tax
2006
€-168k
2007
€-115k
2008
€-138k
2009
€-112k
2010
€-72k
2011
€-71k
2012
€-95k
2013
€-112k
2014
€-70k
2015
€-91k
2016
€-51k
2017
€10k
2018
€22k
2019
€128k
2020
€81k
2021
€33k
2022
€867k
2023
€23k
2024
€-31k
Equity
At closing date
2006
€1,5M
2007
€1,4M
2008
€1,3M
2009
€1,1M
2010
€1,1M
2011
€1,0M
2012
€909k
2013
€797k
2014
€727k
2015
€636k
2016
€585k
2017
€595k
2018
€617k
2019
€746k
2020
€827k
2021
€860k
2022
€1,7M
2023
€1,9M
2024
€672k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 May 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 162.832€ 141.583€ 979.519€ 183.130€ 176.990€ 216.243€ 219.188€ 203.765€ 187.648€ 151.331€ 170.903€ 177.308€ 174.412€ 166.639€ 196.307€ 136.962€ 111.054€ 89.638€ 78.427
Personnel costs€ -69.558€ -52.982€ -32.411
Depreciation€ -57.230€ -55.368€ -164.782€ -200.574€ -200.623€ -200.826€ -201.965€ -202.497€ -201.418€ -200.627€ -199.796€ -199.947€ -200.580€ -159.567€ -149.412
Operating result€ -52.082€ -20.053€ 833.122€ 33.670€ 81.540€ 128.505€ 22.656€ 10.921€ -46.971€ -82.790€ -59.239€ -111.885€ -76.787€ -55.648€ -32.152€ -83.567€ -109.246€ -89.297€ -90.095
Financial income€ 20€ 26€ 9€ 14€ 183€ 221€ 109€ 213€ 578€ 467
Financial charges€ -148€ -141€ -474€ -884€ -3.906€ -8.337€ -10.059€ -14.415€ -17.705€ -22.279€ -34.919€ -28.462€ -29.448€ -26.262€ -78.267
Result before tax€ 81.392€ 128.364€ 22.182€ 10.037€ -50.878€ -91.108€ -69.772€ -112.037€ -94.789€ -71.225€ -71.851€ -111.920€ -138.300€ -114.980€ -167.895
Income taxes€ 3€ -2€ -3
Net result€ -31.463€ 22.582€ 867.183€ 33.166€ 81.392€ 128.364€ 22.182€ 10.037€ -50.878€ -91.108€ -69.769€ -112.038€ -94.792€ -71.225€ -71.851€ -111.920€ -138.300€ -114.980€ -167.895
Balance sheet
Total assets€ 1.261.843€ 2.290.656€ 2.023.684€ 1.610.901€ 1.799.515€ 1.728.055€ 1.596.086€ 1.609.012€ 1.693.085€ 1.821.000€ 1.995.593€ 2.131.173€ 2.303.197€ 2.516.900€ 2.765.536€ 2.918.568€ 3.056.121€ 3.287.158€ 3.209.494
Receivables ≤ 1 year€ 45.165€ 39.241€ 45.217€ 67.019€ 46.300€ 47.019€ 44.649€ 44.643€ 175€ 57€ 46€ 975€ 116€ 1.517€ 2.554
Cash & equivalents€ 6.402€ 19.658€ 18.185€ 45.834€ 688.062€ 643.523€ 451.554€ 287.974€ 192.224€ 118.870€ 90.745€ 28.473€ 9.043€ 17.989€ 66.336€ 48.375€ 20.794€ 57.324€ 98.460
Equity€ 672.490€ 1.903.953€ 1.727.496€ 860.313€ 827.147€ 745.755€ 617.391€ 595.209€ 585.172€ 636.049€ 727.157€ 796.926€ 908.964€ 1.003.756€ 1.074.981€ 1.146.832€ 1.258.751€ 1.397.051€ 1.512.032
Amounts payable€ 894.372€ 905.025€ 902.833€ 939.365€ 1.001.014€ 1.086.651€ 1.179.950€ 1.251.205€ 1.365.766€ 1.508.144€ 1.685.555€ 1.771.736€ 1.797.369€ 1.890.107€ 1.697.463
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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