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55
Total HOAs
2
Regions
18
Municipalities
Flanders 0 Brussels 29 Wallonia 26
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 286.783
Gross margin · 2025
▲ 7,4% vs 2024
📈
€ 120.916
Net result · 2025
▲ 68,6% vs 2024
🏦
€ 293.104
Equity · 2025
▲ 38,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€55k
2007
€-26k
2008
€-13k
2009
€-22k
2010
€85k
2011
€21k
2012
€58k
2013
€18k
2014
€26k
2015
€37k
2016
€22k
2017
€71k
2018
€58k
2019
€110k
2020
€87k
2021
€101k
2022
€102k
2023
€229k
2024
€267k
2025
€287k
Net result
After tax
2006
€43k
2007
€-34k
2008
€-14k
2009
€-24k
2010
€81k
2011
€8k
2012
€36k
2013
€10k
2014
€9k
2015
€13k
2016
€-16k
2017
€20k
2018
€-5k
2019
€22k
2020
€-6k
2021
€9k
2022
€24k
2023
€57k
2024
€72k
2025
€121k
Equity
At closing date
2006
€74k
2007
€40k
2008
€26k
2009
€3k
2010
€74k
2011
€75k
2012
€111k
2013
€49k
2014
€58k
2015
€71k
2016
€55k
2017
€75k
2018
€70k
2019
€92k
2020
€49k
2021
€58k
2022
€82k
2023
€140k
2024
€211k
2025
€293k
Average FTE
Full-time equivalents
2010
0.3
2011
1.0
2012
0.3
2015
0.9
2016
1.8
2017
1.5
2018
1.6
2019
2.2
2020
2.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 15 earlier yearsApproved 11 May 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 286.783€ 267.147€ 228.919€ 101.584€ 100.948
Personnel costs€ -103.897€ -151.163€ -144.781€ -48.361€ -67.079
Depreciation
Operating result€ 173.188€ 107.631€ 74.578€ 39.932€ 18.177
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 120.916€ 71.710€ 57.282€ 23.957€ 9.407
Balance sheet
Total assets€ 370.716€ 316.777€ 188.692€ 124.915€ 90.441
Receivables ≤ 1 year
Cash & equivalents€ 76.267€ 119.201€ 54.697€ 15.347€ 20.915
Equity€ 293.104€ 211.313€ 139.603€ 82.321€ 58.363
Amounts payable
Workforce
Average FTE

HOA portfolio 55 HOAs

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