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📍 Locations · 5

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291
Total HOAs
1
Regions
9
Municipalities
Flanders 291 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008–2024). Amounts in euros.

View at NBB →
💶
€ 1.043.203
Gross margin · 2024
▲ 10,7% vs 2023
📈
€ 510.499
Net result · 2024
▲ 7,2% vs 2023
🏦
€ 2.211.307
Equity · 2024
▲ 10,6% vs 2023
👥
7.7
Avg FTE · 2024
▲ 24,2% vs 2023
Revenue (gross margin)
Year-on-year evolution
2008
€240k
2009
€327k
2010
€292k
2011
€379k
2012
€438k
2013
€495k
2014
€564k
2015
€666k
2016
€758k
2017
€797k
2018
€670k
2019
€807k
2020
€770k
2021
€798k
2022
€812k
2023
€942k
2024
€1,0M
Net result
After tax
2008
€112k
2009
€150k
2010
€103k
2011
€177k
2012
€157k
2013
€174k
2014
€166k
2015
€201k
2016
€219k
2017
€244k
2018
€171k
2019
€298k
2020
€367k
2021
€407k
2022
€388k
2023
€476k
2024
€510k
Equity
At closing date
2008
€53k
2009
€54k
2010
€57k
2011
€233k
2012
€391k
2013
€63k
2014
€420k
2015
€455k
2016
€674k
2017
€918k
2018
€1,1M
2019
€1,4M
2020
€1,6M
2021
€2,0M
2022
€1,9M
2023
€2,0M
2024
€2,2M
Average FTE
Full-time equivalents
2008
1.8
2009
2.6
2010
3.0
2011
3.0
2012
4.2
2013
5.5
2014
6.5
2015
8.1
2016
8.8
2017
9.1
2018
7.8
2019
7.7
2020
6.7
2022
6.2
2023
6.2
2024
7.7
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 25 Apr 2025
Line item20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross operating margin€ 1.043.203€ 942.066€ 811.826€ 797.542€ 769.765€ 806.944€ 669.725€ 797.113€ 757.853€ 666.274€ 564.429€ 495.222€ 438.494€ 378.833€ 292.387€ 327.279€ 240.208
Personnel costs€ -405.482€ -351.193€ -310.744€ -309.077€ -252.890€ -357.013€ -362.168€ -403.619€ -387.481€ -327.622€ -308.527€ -257.310€ -212.414€ -154.767€ -156.768€ -133.326€ -67.574
Depreciation€ -25.548€ -25.680€ -26.879€ -17.897€ -19.978€ -11.176€ -9.326€ -9.122€ -7.304€ -3.321€ -328€ -853
Operating result€ 614.763€ 576.932€ 476.843€ 479.882€ 488.561€ 422.893€ 246.246€ 367.545€ 349.504€ 325.903€ 244.561€ 225.602€ 211.141€ 219.429€ 145.894€ 182.419€ 171.300
Financial income€ 56.973€ 47.877€ 51.156€ 41.566€ 17.069€ 11.234€ 3.722€ 30.863€ 30.918€ 21.996€ 20.796€ 47.540€ 36.967
Financial charges€ -1.156€ -676€ -954€ -1.841€ -1.030€ -647€ -2.198€ -2.102€ -2.137€ -2.362€ -2.312€ -3.525€ -2.618
Result before tax€ 544.377€ 470.094€ 296.448€ 407.270€ 365.544€ 336.489€ 246.085€ 254.362€ 239.922€ 256.821€ 163.166€ 226.434€ 205.649
Income taxes€ -177.804€ -171.933€ -125.442€ -163.310€ -146.715€ -135.818€ -80.000€ -80.000€ -82.434€ -80.000€ -60.287€ -76.100€ -93.415
Net result€ 510.499€ 476.194€ 388.101€ 406.666€ 366.574€ 298.161€ 171.006€ 243.960€ 218.829€ 200.672€ 166.085€ 174.362€ 157.488€ 176.821€ 102.879€ 150.334€ 112.234
Balance sheet
Total assets€ 2.945.459€ 2.737.961€ 2.856.655€ 2.653.129€ 2.242.172€ 1.919.478€ 1.594.735€ 1.334.915€ 1.057.530€ 727.245€ 620.410€ 637.987€ 589.902€ 380.459€ 265.619€ 685.838€ 491.414
Receivables ≤ 1 year€ 210.517€ 217.687€ 322.667€ 321.836€ 135.265€ 129.123€ 133.186€ 488.202€ 448.567€ 350.478€ 251.917€ 525.025€ 419.489
Cash & equivalents€ 9.713€ 106€ 334€ 649€ 989€ 5.304€ 18.777€ 16.928€ 14.354€ 43.595€ 15.376€ 32.718€ 23.262€ 14.835€ 13.566€ 22.486€ 7.476
Equity€ 2.211.307€ 1.998.969€ 1.884.581€ 1.959.269€ 1.552.603€ 1.386.701€ 1.088.540€ 917.534€ 673.574€ 454.745€ 420.073€ 63.188€ 390.826€ 233.337€ 56.516€ 53.637€ 53.303
Amounts payable€ 689.569€ 532.777€ 506.195€ 417.381€ 383.956€ 272.500€ 200.337€ 574.799€ 199.077€ 147.122€ 209.103€ 621.485€ 438.111
Workforce
Average FTE7.76.26.26.77.77.89.18.88.16.55.54.23.03.02.61.8

HOA portfolio 291 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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