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📍 Locations · 1

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

Source: NBB annual accounts (2015–2025). Amounts in euros.

View at NBB →
💶
€ 452.591
Gross margin · 2025
▲ 23,4% vs 2024
📈
€ 61.733
Net result · 2025
▲ 598,4% vs 2024
🏦
€ 348.577
Equity · 2025
▲ 21,5% vs 2024
👥
4.6
Avg FTE · 2025
▼ 25,8% vs 2024
Revenue (gross margin)
Year-on-year evolution
2015
€91k
2016
€110k
2017
€162k
2018
€315k
2019
€299k
2020
€369k
2021
€365k
2022
€382k
2023
€463k
2024
€367k
2025
€453k
Net result
After tax
2015
€13k
2016
€2k
2017
€7k
2018
€84k
2019
€56k
2020
€39k
2021
€63k
2022
€32k
2023
€33k
2024
€9k
2025
€62k
Equity
At closing date
2015
€13k
2016
€15k
2017
€22k
2018
€69k
2019
€99k
2020
€138k
2021
€201k
2022
€233k
2023
€278k
2024
€287k
2025
€349k
Average FTE
Full-time equivalents
2015
1.0
2016
2.6
2017
3.3
2018
4.3
2019
4.9
2020
5.7
2021
7.3
2024
6.2
2025
4.6
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 31 Dec 2025
Line item20252024202320222021202020192018201720162015
Income statement
Gross operating margin€ 452.591€ 366.791€ 462.776€ 382.129€ 365.304€ 369.137€ 298.865€ 314.825€ 161.951€ 109.880€ 90.676
Personnel costs€ -163.222€ -228.117€ -333.670€ -256.471€ -207.048€ -185.050€ -149.373€ -109.576€ -77.926€ -43.946€ -9.272
Depreciation€ -51.531€ -80.693€ -56.341€ -43.453€ -49.006€ -51.003€ -55.144
Operating result€ 99.917€ 36.417€ 56.086€ 54.796€ 90.255€ 72.901€ 83.840€ 108.796€ 24.290€ 13.878€ 22.079
Financial income€ 0€ 226€ 144€ 206€ 273€ 569€ 41
Financial charges€ -12.392€ -6.333€ -11.554€ -8.416€ -9.954€ -10.808€ -6.128
Result before tax€ 77.863€ 66.794€ 72.430€ 100.586€ 11.212€ 3.639€ 15.992
Income taxes€ -15.177€ -28.046€ -16.844€ -16.110€ -3.895€ -1.444€ -2.621
Net result€ 61.733€ 8.839€ 33.096€ 31.931€ 62.686€ 38.748€ 55.587€ 84.476€ 7.316€ 2.195€ 13.371
Balance sheet
Total assets€ 1.009.497€ 1.023.016€ 834.582€ 876.577€ 836.677€ 842.742€ 654.655€ 534.226€ 513.349€ 653.149€ 663.337
Receivables ≤ 1 year€ 306.174€ 294.506€ 227.025€ 178.759€ 136.395€ 208.628€ 211.039
Cash & equivalents€ 52.546€ 24.117€ 29.740€ 10.661€ 38.465€ 15.617€ 55.861€ 26.320€ 10.680€ 8.578€ 20.407
Equity€ 348.577€ 286.845€ 278.006€ 232.510€ 200.579€ 137.731€ 99.145€ 68.558€ 22.082€ 14.766€ 12.571
Amounts payable€ 612.646€ 681.559€ 532.058€ 442.215€ 491.267€ 638.383€ 650.766
Workforce
Average FTE4.66.27.35.74.94.33.32.61.0

HOA portfolio 1 HOAs

VME Address Municipality Region
Wallonia
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