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135
Total HOAs
1
Regions
5
Municipalities
Flanders 135 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 615.498
Gross margin · 2025
▲ 13,2% vs 2024
📈
€ 65.328
Net result · 2025
▲ 77,1% vs 2024
🏦
€ 179.774
Equity · 2025
▼ 39,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2015
€350k
2016
€305k
2017
€335k
2018
€352k
2019
€380k
2020
€372k
2021
€337k
2022
€400k
2023
€470k
2024
€544k
2025
€615k
Net result
After tax
2015
€4k
2016
€27k
2017
€17k
2018
€24k
2019
€68k
2020
€68k
2021
€42k
2022
€71k
2023
€57k
2024
€37k
2025
€65k
Equity
At closing date
2015
€22k
2016
€50k
2017
€67k
2018
€91k
2019
€159k
2020
€228k
2021
€241k
2022
€295k
2023
€328k
2024
€296k
2025
€180k
Average FTE
Full-time equivalents
2015
4.3
2016
4.7
2017
5.5
2018
6.2
2019
5.6
2020
5.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 6 earlier yearsApproved 09 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 615.498€ 543.575€ 470.371€ 400.232€ 336.703
Personnel costs€ -482.886€ -440.666€ -350.599€ -264.542€ -248.667
Depreciation
Operating result€ 96.196€ 57.729€ 83.565€ 102.408€ 59.234
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 65.328€ 36.893€ 56.659€ 71.349€ 42.314
Balance sheet
Total assets€ 348.748€ 443.929€ 438.809€ 377.083€ 328.934
Receivables ≤ 1 year
Cash & equivalents€ 106.378€ 137.771€ 314.037€ 274.061€ 218.774
Equity€ 179.774€ 296.030€ 327.515€ 294.861€ 241.002
Amounts payable
Workforce
Average FTE

HOA portfolio 135 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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