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168
Total HOAs
3
Regions
16
Municipalities
Flanders 1 Brussels 166 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2014–2025). Amounts in euros.

View at NBB →
💶
€ 719.326
Gross margin · 2025
▼ 36,6% vs 2024
📈
€ -144.723
Net result · 2025
▼ 385,2% vs 2024
🏦
€ 131.866
Equity · 2025
▼ 52,3% vs 2024
👥
13.4
Avg FTE · 2025
▼ 23,4% vs 2024
Revenue (gross margin)
Year-on-year evolution
2014
€32k
2015
€29k
2016
€132k
2017
€163k
2018
€217k
2019
€201k
2020
€369k
2021
€576k
2022
€1,0M
2023
€1,2M
2024
€1,1M
2025
€719k
Net result
After tax
2014
€16k
2015
€2k
2016
€18k
2017
€33k
2018
€57k
2019
€36k
2020
€24k
2021
€-10k
2022
€9k
2023
€32k
2024
€51k
2025
€-145k
Equity
At closing date
2014
€36k
2015
€39k
2016
€56k
2017
€90k
2018
€144k
2019
€176k
2020
€197k
2021
€185k
2022
€194k
2023
€226k
2024
€277k
2025
€132k
Average FTE
Full-time equivalents
2014
0.3
2015
1.0
2016
2.2
2017
2.2
2018
3.0
2019
3.5
2020
6.7
2023
19.5
2024
17.5
2025
13.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 7 earlier yearsApproved 10 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 719.326€ 1.134.989€ 1.160.229€ 1.046.127€ 576.317
Personnel costs€ -789.007€ -973.253€ -1.030.914€ -947.901€ -524.905
Depreciation
Operating result€ -128.914€ 113.006€ 84.011€ 54.984€ 14.797
Financial income
Financial charges
Result before tax
Income taxes
Net result€ -144.723€ 50.751€ 31.737€ 9.409€ -9.595
Balance sheet
Total assets€ 1.480.468€ 1.714.240€ 1.512.062€ 1.600.504€ 1.595.914
Receivables ≤ 1 year
Cash & equivalents€ 50.384€ 35.652€ 78.715€ 51.675€ 76.664
Equity€ 131.866€ 276.589€ 225.838€ 194.101€ 184.692
Amounts payable
Workforce
Average FTE13.417.519.5

HOA portfolio 168 HOAs

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