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📍 Locations · 3

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28
Total HOAs
1
Regions
8
Municipalities
Flanders 28 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 →
💶
€ 375.362
Gross margin · 2025
▲ 12,5% vs 2024
📈
€ 36.847
Net result · 2025
▲ 10,3% vs 2024
🏦
€ 108.671
Equity · 2025
▲ 51,3% vs 2024
👥
3.5
Avg FTE · 2025
▼ 18,6% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€87k
2008
€108k
2009
€126k
2010
€111k
2011
€122k
2012
€136k
2013
€157k
2014
€183k
2015
€191k
2016
€190k
2017
€120k
2018
€182k
2019
€239k
2020
€237k
2021
€198k
2022
€200k
2023
€335k
2024
€334k
2025
€375k
Net result
After tax
2007
€9k
2008
€-3k
2009
€3k
2010
€7k
2011
€8k
2012
€9k
2013
€11k
2014
€6k
2015
€9k
2016
€17k
2017
€-24k
2018
€10k
2019
€26k
2020
€25k
2021
€-25k
2022
€-89k
2023
€-445
2024
€33k
2025
€37k
Equity
At closing date
2007
€32k
2008
€28k
2009
€32k
2010
€38k
2011
€47k
2012
€56k
2013
€61k
2014
€67k
2015
€76k
2016
€93k
2017
€70k
2018
€80k
2019
€106k
2020
€131k
2021
€106k
2022
€39k
2023
€38k
2024
€72k
2025
€109k
Average FTE
Full-time equivalents
2007
2.2
2008
3.8
2009
3.6
2010
2.9
2011
2.9
2012
3.4
2013
3.1
2014
3.2
2015
3.2
2016
2.8
2017
2.8
2018
2.9
2019
3.8
2020
3.9
2021
4.6
2022
6.8
2023
5.0
2024
4.3
2025
3.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 15 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 375.362€ 333.794€ 335.270€ 200.467€ 197.946€ 237.357€ 238.590€ 182.092€ 120.432€ 189.552€ 190.655€ 182.629€ 157.034€ 135.638€ 122.451€ 111.240€ 125.958€ 107.807€ 87.146
Personnel costs€ -279.695€ -236.753€ -274.337€ -290.357€ -204.445€ -194.887€ -184.881€ -155.041€ -133.945€ -156.385€ -152.375€ -145.582€ -109.091€ -100.720€ -86.977€ -86.831€ -109.782€ -104.471€ -66.056
Depreciation€ -14.452€ -10.108€ -10.851€ -11.984€ -7.947€ -7.953€ -18.286€ -17.581€ -16.845€ -13.485€ -13.670€ -7.682€ -7.942€ -7.942€ -4.746
Operating result€ 46.309€ 41.256€ 6.953€ -91.191€ -23.463€ 31.443€ 41.820€ 12.986€ -23.019€ 28.289€ 18.583€ 12.618€ 27.888€ 18.681€ 18.786€ 12.673€ 5.949€ -6.070€ 14.699
Financial income€ 400€ 421€ 1€ 75€ 430€ 868€ 1.359€ 1.870€ 1.939€ 1.273€ 877€ 1.017€ 2.835€ 292
Financial charges€ -960€ -694€ -647€ -271€ -60€ -65€ -604€ -1.060€ -1.453€ -1.719€ -1.855€ -74€ -183€ -151€ -223
Result before tax€ -24.022€ 30.749€ 41.595€ 12.716€ -23.254€ 28.654€ 18.304€ 12.918€ 21.215€ 17.202€ 16.034€ 13.476€ 6.784€ -3.386€ 14.768
Income taxes€ -532€ -5.965€ -15.802€ -2.282€ -282€ -11.943€ -8.957€ -7.005€ -10.115€ -7.875€ -7.615€ -6.888€ -3.324€ -5.857
Net result€ 36.847€ 33.412€ -445€ -89.105€ -24.554€ 24.785€ 25.793€ 10.434€ -23.536€ 16.711€ 9.346€ 5.913€ 11.100€ 9.327€ 8.419€ 6.588€ 3.459€ -3.386€ 8.912
Balance sheet
Total assets€ 554.996€ 504.513€ 512.608€ 556.210€ 315.403€ 219.411€ 252.137€ 195.988€ 120.911€ 176.384€ 194.190€ 188.410€ 169.331€ 154.179€ 152.586€ 216.488€ 234.996€ 183.662€ 247.573
Receivables ≤ 1 year€ 154.930€ 74.689€ 157.626€ 83.630€ 81.041€ 134.111€ 136.414€ 126.565€ 99.654€ 101.949€ 84.811€ 97.821€ 96.481€ 76.905€ 95.738
Cash & equivalents€ 10.656€ 3.688€ 4.978€ 17.881€ 40.976€ 115.444€ 58.885€ 67.143€ 26.755€ 25.596€ 35.816€ 25.989€ 25.292€ 18.199€ 22.640€ 105.110€ 118.305€ 18.605€ 84.441
Equity€ 108.671€ 71.825€ 38.413€ 38.858€ 106.011€ 130.565€ 105.781€ 79.988€ 69.553€ 93.090€ 76.378€ 67.032€ 61.119€ 56.019€ 46.691€ 38.272€ 31.684€ 28.225€ 31.611
Amounts payable€ 209.392€ 88.846€ 146.356€ 116.000€ 51.358€ 83.295€ 117.811€ 121.379€ 108.212€ 98.161€ 105.894€ 178.216€ 203.312€ 155.437€ 215.962
Workforce
Average FTE3.54.35.06.84.63.93.82.92.82.83.23.23.13.42.92.93.63.82.2

HOA portfolio 28 HOAs

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