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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 →
💶
€ 105.479
Gross margin · 2024
▼ 23,2% vs 2023
📈
€ -5.967
Net result · 2024
▼ 122,2% vs 2023
🏦
€ 77.487
Equity · 2024
▼ 7,2% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€15k
2007
€19k
2008
€21k
2009
€34k
2010
€31k
2011
€33k
2012
€7k
2013
€15k
2014
€30k
2015
€76k
2016
€73k
2017
€59k
2018
€87k
2019
€82k
2020
€113k
2021
€104k
2022
€109k
2023
€137k
2024
€105k
Net result
After tax
2006
€4k
2007
€5k
2008
€4k
2009
€8k
2010
€3k
2011
€389
2012
€-31k
2013
€-26k
2014
€-17k
2015
€15k
2016
€12k
2017
€-10k
2018
€2k
2019
€10k
2020
€4k
2021
€29k
2022
€22k
2023
€27k
2024
€-6k
Equity
At closing date
2006
€3k
2007
€33k
2008
€36k
2009
€44k
2010
€47k
2011
€47k
2012
€16k
2013
€-9k
2014
€-26k
2015
€-11k
2016
€679
2017
€-9k
2018
€-7k
2019
€3k
2020
€6k
2021
€35k
2022
€57k
2023
€83k
2024
€77k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 May 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 105.479€ 137.341€ 108.700€ 103.545€ 113.362€ 81.589€ 86.672€ 59.197€ 73.490€ 75.950€ 29.848€ 15.306€ 6.777€ 32.530€ 30.967€ 33.962€ 21.338€ 18.791€ 15.310
Personnel costs€ -3.626€ -4.145€ -3.079€ -34€ 0€ -2.551€ -2.830€ -2.894€ -2.329€ -2.198€ -1.879€ -135€ -30
Depreciation€ -62.153€ -57.929€ -66.400€ -54.176€ -46.487€ -45.443€ -40.176€ -35.938€ -35.101€ -28.463€ -27.016€ -20.225€ -14.413€ -10.975€ -8.611
Operating result€ 8.570€ 52.510€ 36.715€ 39.051€ 14.191€ 18.256€ 10.595€ -1.223€ 22.543€ 25.691€ -14.040€ -21.729€ -29.265€ 3.029€ 3.159€ 12.883€ 6.077€ 7.130€ 5.964
Financial income€ 29€ 5€ 252€ 32€ 43€ 66€ 285€ 17€ 167€ 63€ 174€ 214€ 111€ 49€ 1
Financial charges€ -10.682€ -8.267€ -9.030€ -8.721€ -10.782€ -11.351€ -3.411€ -3.195€ -3.044€ -2.703€ -2.733€ -5.394€ -2.618€ -2.531€ -1.965
Result before tax€ 3.538€ 9.993€ 1.817€ -9.912€ 11.804€ 15.205€ -17.166€ -25.157€ -30.574€ 389€ 3.301€ 7.703€ 3.570€ 4.649€ 4.000
Income taxes€ -440€ -644€ -18
Net result€ -5.967€ 26.831€ 21.894€ 28.615€ 3.538€ 9.993€ 1.817€ -9.912€ 11.804€ 15.205€ -17.166€ -25.597€ -30.574€ 389€ 2.657€ 7.703€ 3.570€ 4.649€ 3.982
Balance sheet
Total assets€ 966.631€ 941.378€ 1.005.377€ 815.031€ 817.742€ 532.805€ 536.918€ 356.078€ 273.845€ 295.536€ 293.027€ 191.148€ 224.523€ 227.807€ 228.774€ 184.561€ 126.959€ 94.940€ 67.022
Receivables ≤ 1 year€ 20.631€ 34.990€ 12.345€ 9.745€ 3.120€ 4.100€ 1.640€ 120€ 4.882€ 24.322€ 40.684€ 38.088€ 40.279€ 22.252€ 14.677
Cash & equivalents€ 25.352€ 18.401€ 33.006€ 103.911€ 71.130€ 33.891€ 12.867€ 12.979€ 24.089€ 23.387€ 5.828€ 3.332€ 2.206€ 5.872€ 1.818€ 520€ 2.810€ 12.309€ 4.243
Equity€ 77.487€ 83.454€ 56.623€ 34.729€ 6.114€ 2.577€ -7.417€ -9.234€ 679€ -11.126€ -26.331€ -9.165€ 16.431€ 47.006€ 46.617€ 43.960€ 36.257€ 32.687€ 3.038
Amounts payable€ 811.628€ 530.228€ 544.335€ 365.312€ 273.167€ 306.661€ 319.358€ 200.313€ 208.092€ 180.801€ 182.157€ 140.601€ 90.703€ 62.254€ 63.984
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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