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224
Total HOAs
1
Regions
19
Municipalities
Flanders 0 Brussels 0 Wallonia 224
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 1.581.215
Gross margin · 2025
▲ 20,8% vs 2024
📈
€ 447.738
Net result · 2025
▲ 5,7% vs 2024
🏦
€ 2.342.107
Equity · 2025
▲ 16,8% vs 2024
👥
20.4
Avg FTE · 2025
▲ 36% vs 2024
Revenue (gross margin)
Year-on-year evolution
2006
€65k
2007
€80k
2008
€131k
2009
€140k
2010
€174k
2011
€235k
2012
€289k
2013
€231k
2014
€410k
2015
€489k
2016
€301k
2017
€285k
2018
€734k
2019
€665k
2020
€786k
2021
€796k
2022
€1,0M
2023
€1,3M
2024
€1,3M
2025
€1,6M
Net result
After tax
2006
€19k
2007
€32k
2008
€69k
2009
€50k
2010
€63k
2011
€91k
2012
€125k
2013
€97k
2014
€100k
2015
€139k
2016
€9k
2017
€-266k
2018
€167k
2019
€210k
2020
€235k
2021
€211k
2022
€361k
2023
€450k
2024
€423k
2025
€448k
Equity
At closing date
2006
€32k
2007
€49k
2008
€106k
2009
€146k
2010
€53k
2011
€139k
2012
€257k
2013
€53k
2014
€151k
2015
€291k
2016
€300k
2017
€34k
2018
€201k
2019
€412k
2020
€578k
2021
€789k
2022
€1,1M
2023
€1,6M
2024
€2,0M
2025
€2,3M
Average FTE
Full-time equivalents
2007
0.3
2008
1.3
2009
1.8
2010
2.3
2011
3.9
2012
4.0
2013
5.7
2014
6.1
2015
6.8
2016
7.8
2017
7.9
2018
7.5
2019
9.2
2020
12.6
2021
13.6
2022
13.7
2023
14.4
2024
15.0
2025
20.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 Jun 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 1.581.215€ 1.308.538€ 1.283.023€ 1.044.773€ 796.133€ 786.127€ 664.640€ 734.108€ 284.631€ 301.285€ 489.298€ 410.028€ 230.941€ 288.822€ 235.228€ 174.441€ 139.990€ 130.597€ 80.205€ 64.590
Personnel costs€ -930.059€ -616.105€ -601.861€ -452.428€ -400.837€ -375.097€ -267.450€ -227.393€ -184.773€ -193.202€ -190.987€ -176.174€ -106.025€ -66.008€ -64.089€ -31.761€ -13.967€ -9.346€ -2.295-
Depreciation-----€ -36.088€ -43.967€ -52.693€ -56.683€ -57.345€ -50.698€ -52.797€ -31.768€ -27.595€ -25.152€ -34.102€ -31.704€ -19.888€ -18.582€ -22.735
Operating result€ 562.379€ 607.219€ 588.235€ 484.125€ 290.799€ 330.383€ 275.464€ 433.666€ 8.030€ 18.263€ 223.874€ 151.288€ 78.037€ 179.460€ 134.706€ 94.915€ 66.509€ 92.593€ 46.426€ 31.013
Financial income-----€ 228€ 419€ 1.605€ 2.318€ 936€ 921€ 2.753€ 2.378€ 1.672€ 750€ 536€ 2.184€ 1.633€ 830€ 151
Financial charges-----€ -2.637€ -2.456€ -268.818€ -276.956€ -1.347€ -1.008€ -1.071€ -688€ -616€ -15.622€ -910€ -1.155€ -1.416€ -3.765€ -4.738
Result before tax-----€ 327.974€ 273.427€ 166.453€ -266.608€ 17.852€ 223.787€ 155.077€ 146.728€ 185.717€ 119.835€ 95.658€ 65.837€ 92.811€ 40.426€ 24.593
Income taxes-----€ -94.820€ -64.875€ -566€ -520€ -10.522€ -84.013€ -57.851€ -26.734€ -60.557€ -29.046€ -33.041€ -16.098€ -23.763€ -8.557€ -5.651
Net result€ 447.738€ 423.408€ 450.276€ 361.345€ 210.849€ 234.705€ 210.102€ 167.438€ -265.577€ 8.881€ 139.366€ 99.503€ 97.221€ 125.160€ 90.788€ 62.617€ 49.740€ 69.048€ 31.869€ 18.942
Balance sheet
Total assets€ 2.839.964€ 2.543.216€ 2.084.026€ 1.457.359€ 1.209.603€ 863.128€ 884.142€ 693.876€ 659.635€ 514.898€ 523.372€ 385.982€ 462.270€ 371.935€ 350.557€ 292.773€ 226.428€ 156.838€ 119.046€ 127.836
Receivables ≤ 1 year-----€ 551.068€ 519.324€ 281.075€ 165.743€ 22.940€ 6.008€ 10.937€ 14.711€ 10.498€ 6.134€ 39.479€ 33.444€ 11.009€ 11.607€ 23.089
Cash & equivalents€ 634.167€ 64.612€ 210.156€ 588.208€ 321.252€ 160.247€ 171.123€ 254.293€ 340.542€ 165.995€ 217.582€ 82.230€ 223.648€ 215.015€ 209.684€ 101.222€ 47.032€ 81.950€ 31.745€ 11.120
Equity€ 2.342.107€ 2.005.784€ 1.582.376€ 1.132.100€ 788.605€ 577.756€ 411.551€ 201.449€ 34.011€ 299.588€ 290.707€ 151.341€ 52.544€ 257.323€ 139.263€ 53.275€ 145.658€ 106.018€ 48.970€ 32.101
Amounts payable-----€ 272.220€ 457.888€ 476.174€ 607.820€ 195.956€ 211.761€ 214.145€ 386.953€ 114.612€ 211.294€ 239.498€ 80.770€ 50.820€ 70.076€ 95.735
Workforce
Average FTE20.415.014.413.713.612.69.27.57.97.86.86.15.74.03.92.31.81.30.3-

HOA portfolio 224 HOAs

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