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📍 Locations · 1

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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 (2007–2025). Amounts in euros.

View at NBB →
💶
€ -8.526
Gross margin · 2025
▼ 360,5% vs 2024
📈
€ -11.473
Net result · 2025
▼ 5732% vs 2024
🏦
€ -65.365
Equity · 2025
▼ 21,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€53k
2008
€50k
2009
€-4k
2010
€17k
2011
€-7k
2012
€-22k
2013
€-18k
2014
€-14k
2015
€889
2016
€-4k
2017
€-4k
2018
€3k
2019
€2k
2020
€13k
2021
€14k
2022
€250
2023
€-2k
2024
€3k
2025
€-9k
Net result
After tax
2007
€41k
2008
€24k
2009
€-6k
2010
€-7k
2011
€-30k
2012
€-32k
2013
€-24k
2014
€-14k
2015
€-7k
2016
€-9k
2017
€-12k
2018
€-6k
2019
€-6k
2020
€6k
2021
€6k
2022
€-9k
2023
€-13k
2024
€-197
2025
€-11k
Equity
At closing date
2007
€198k
2008
€222k
2009
€112k
2010
€98k
2011
€68k
2012
€36k
2013
€12k
2014
€-3k
2015
€-10k
2016
€-19k
2017
€-31k
2018
€-37k
2019
€-43k
2020
€-38k
2021
€-32k
2022
€-41k
2023
€-54k
2024
€-54k
2025
€-65k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 09 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ -8.526€ 3.273€ -1.727€ 250€ 14.053€ 13.438€ 2.024€ 2.651€ -4.056€ -4.134€ 889€ -13.874€ -17.681€ -22.192€ -7.036€ 16.557€ -4.220€ 49.945€ 52.664
Personnel costs€ -1.260
Depreciation€ -7.007€ -7.007€ -7.007€ -7.007€ -7.069€ -7.069€ -7.450€ -7.839€ -8.083€ -19.091€ -18.896€ -18.364€ -10.643€ -10.581€ -9.359
Operating result€ -11.473€ -197€ -12.769€ -9.142€ 5.726€ 5.586€ -6.247€ -5.517€ -12.363€ -12.769€ -7.427€ -22.811€ -28.956€ -43.860€ -27.534€ -10.247€ -17.483€ 37.082€ 42.015
Financial income€ 0€ 7€ 16€ 3.798€ 159€ 130€ 17€ 13€ 260€ 6.738€ 8.379€ 1.873€ 5.168
Financial charges€ 0€ -13€ -512€ -1.556€ -6.304€ -12.150€ -3.635€ -2.752€ -10.520€ -5.743
Result before tax€ 5.726€ 5.586€ -6.247€ -5.510€ -12.347€ -8.984€ -7.268€ -14.466€ -24.141€ -32.319€ -25.107€ -6.901€ -5.995€ 34.296€ 52.851
Income taxes€ -1€ -1€ -1€ -2€ -1€ -4.855€ -10.233€ -11.720
Net result€ -11.473€ -197€ -12.769€ -9.142€ 5.726€ 5.586€ -6.247€ -5.510€ -12.347€ -8.984€ -7.268€ -14.467€ -24.143€ -32.320€ -29.962€ -6.901€ -5.995€ 24.063€ 41.131
Balance sheet
Total assets€ 5.110€ 10.097€ 11.700€ 23.573€ 21.555€ 36.558€ 37.583€ 35.741€ 47.433€ 58.922€ 64.899€ 72.932€ 86.775€ 130.193€ 178.059€ 197.858€ 265.912€ 284.929€ 263.188
Receivables ≤ 1 year€ 4.692€ 4.799€ 7.746€ 421€ 414€ 425€ 161€ 235€ 1.977€ 29.414€ 71.994€ 20.718€ 13.368
Cash & equivalents€ 215€ 2.730€ 1.529€ 2.831€ 2.628€ 10.516€ 1.588€ 64€ 4.756€ 9.165€ 372€ 846€ 5.143€ 862€ 5.798€ 37.900€ 48.030€ 113.288€ 97.514
Equity€ -65.365€ -53.892€ -53.695€ -40.926€ -31.784€ -37.509€ -43.095€ -36.849€ -31.338€ -18.991€ -10.007€ -2.738€ 11.728€ 35.872€ 68.192€ 98.154€ 112.479€ 222.274€ 198.212
Amounts payable€ 53.339€ 74.067€ 80.679€ 72.590€ 78.771€ 77.913€ 74.906€ 75.671€ 75.047€ 94.321€ 109.867€ 99.704€ 153.433€ 62.655€ 64.976
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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