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📍 Locations · 1

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7
Total HOAs
1
Regions
5
Municipalities
Flanders 7 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 →
💶
€ 25.542
Gross margin · 2025
▲ 1077,2% vs 2024
📈
€ -19.640
Net result · 2025
▲ 63,6% vs 2024
🏦
€ 97.408
Equity · 2025
▼ 16,8% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€48k
2008
€29k
2009
€34k
2010
€17k
2012
€289k
2013
€69k
2014
€61k
2015
€39k
2016
€31k
2018
€19k
2019
€-35k
2020
€8k
2022
€139k
2023
€-7k
2024
€-3k
2025
€26k
Net result
After tax
2007
€5k
2008
€7k
2009
€15k
2010
€-17k
2012
€99k
2013
€10k
2014
€4k
2015
€466
2016
€4k
2018
€-32k
2019
€-43k
2020
€-14k
2022
€63k
2023
€-24k
2024
€-54k
2025
€-20k
Equity
At closing date
2007
€158k
2008
€228k
2009
€242k
2010
€225k
2012
€324k
2013
€334k
2014
€338k
2015
€338k
2016
€342k
2018
€310k
2019
€266k
2020
€252k
2022
€195k
2023
€171k
2024
€117k
2025
€97k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 26 Dec 2025
Line item2025202420232022202020192018201620152014201320122010200920082007
Income statement
Gross operating margin€ 25.542€ -2.614€ -7.348€ 138.520€ 8.133€ -35.322€ 19.144€ 31.339€ 39.484€ 60.677€ 69.343€ 288.881€ 16.621€ 33.882€ 29.374€ 47.543
Personnel costs€ -7.505
Depreciation€ -18.337€ -12.280€ -18.947€ -51.386€ -54.789€ -147.343€ -26.214€ -13.640€ -14.940€ -20.611
Operating result€ -16.509€ -48.623€ -23.170€ 75.243€ -13.709€ -39.239€ -22.493€ 14.971€ 15.519€ 6.276€ 20.238€ 122.673€ -17.216€ 15.803€ 4.609€ 20.957
Financial income€ 1.636€ 2.238€ 6.809€ 1.301€ 224€ 4.355€ 8.302€ 5.837€ 3.063€ 1.843€ 3.921€ 1.961
Financial charges€ -2.174€ -6.214€ -16.024€ -15.288€ -15.249€ -34.106€ -16.152€ -25.706€ -16.018€ -31.986€ -475€ -31.356
Result before tax€ -14.247€ -43.215€ -31.708€ 5.484€ 494€ 4.255€ 12.389€ 101.810€ -17.247€ 14.524€ 7.034€ 5.139
Income taxes€ 0€ -668€ -1.664€ -28€ -434€ -2.201€ -3.293
Net result€ -19.640€ -53.921€ -23.802€ 62.576€ -14.247€ -43.215€ -32.376€ 3.820€ 466€ 3.821€ 10.188€ 98.517€ -17.247€ 14.524€ 7.034€ 5.139
Balance sheet
Total assets€ 231.181€ 298.374€ 435.849€ 401.868€ 392.062€ 425.411€ 714.622€ 658.091€ 665.505€ 857.482€ 757.847€ 713.611€ 520.795€ 527.249€ 771.769€ 371.073
Receivables ≤ 1 year€ 13.859€ 5.090€ 36.695€ 14.451€ 34.770€ 294.795€ 19.589€ 3.781€ 4.950€ 2.404€ 27.934€ 6.327
Cash & equivalents€ 64.900€ 7.104€ 94.343€ 95.309€ 19.940€ 49.834€ 79.690€ 155.088€ 236.457€ 263.264€ 310.780€ 191.895€ 202.454€ 238.113€ 39.250€ 200.265
Equity€ 97.408€ 117.048€ 170.969€ 194.771€ 252.195€ 266.442€ 309.658€ 342.034€ 338.214€ 337.748€ 333.927€ 323.739€ 225.222€ 242.469€ 227.945€ 157.910
Amounts payable€ 139.867€ 158.969€ 404.964€ 316.058€ 327.291€ 519.734€ 420.921€ 374.872€ 295.573€ 284.779€ 543.824€ 213.162
Workforce
Average FTE

HOA portfolio 7 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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