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40
Total HOAs
1
Regions
1
Municipalities
Flanders 40 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008–2025). Amounts in euros.

View at NBB →
💶
€ 70.434
Gross margin · 2025
▲ 35,4% vs 2024
📈
€ 137
Net result · 2025
▲ 788,5% vs 2024
🏦
€ 236
Equity · 2025
▲ 138,5% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2008
€-7k
2009
€14k
2010
€-39k
2011
€103k
2012
€-4k
2013
€2k
2014
€26k
2015
€3k
2016
€8k
2017
€-1k
2018
€-2k
2019
€33k
2020
€74k
2021
€85k
2022
€83k
2023
€72k
2024
€52k
2025
€70k
Net result
After tax
2008
€-21k
2009
€5k
2010
€-51k
2011
€90k
2012
€-14k
2013
€-11k
2014
€10k
2015
€-3k
2016
€1k
2017
€-14k
2018
€-15k
2019
€-15k
2020
€17k
2021
€8k
2022
€4k
2023
€1k
2024
€15
2025
€137
Equity
At closing date
2008
€143k
2009
€148k
2010
€97k
2011
€187k
2012
€173k
2013
€161k
2014
€172k
2015
€169k
2016
€170k
2017
€156k
2018
€141k
2019
€126k
2020
€143k
2021
€151k
2022
€155k
2023
€156k
2024
€99
2025
€236
Average FTE
Full-time equivalents
1.0
2020
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 13 earlier yearsApproved 02 Mar 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 70.434€ 52.024€ 72.364€ 82.778€ 85.400
Personnel costs€ -69.033€ -50.549€ -68.807€ -76.756€ -71.245
Depreciation
Operating result€ 1.215€ 837€ 2.569€ 5.431€ 8.054
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 137€ 15€ 1.235€ 4.302€ 7.923
Balance sheet
Total assets€ 44.550€ 43.241€ 165.524€ 166.761€ 159.509
Receivables ≤ 1 year
Cash & equivalents€ 37.729€ 32.202€ 949€ 4.530€ 8.816
Equity€ 236€ 99€ 156.084€ 154.849€ 150.546
Amounts payable
Workforce
Average FTE

HOA portfolio 40 HOAs

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