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📍 Locations · 2

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67
Total HOAs
2
Regions
18
Municipalities
Flanders 6 Brussels 61 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2018–2025). Amounts in euros.

View at NBB →
💶
€ 204.641
Gross margin · 2025
▲ 58,4% vs 2024
📈
€ -6.958
Net result · 2025
▼ 160% vs 2024
🏦
€ 14.868
Equity · 2025
▼ 31,9% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2018
€18k
2019
€51k
2020
€44k
2021
€58k
2022
€79k
2023
€103k
2024
€129k
2025
€205k
Net result
After tax
2018
€6k
2019
€15k
2020
€14k
2021
€-3k
2022
€6k
2023
€16k
2024
€12k
2025
€-7k
Equity
At closing date
2018
€7k
2019
€8k
2020
€8k
2021
€5k
2022
€12k
2023
€15k
2024
€22k
2025
€15k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 3 earlier yearsApproved 15 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 204.641€ 129.221€ 102.744€ 78.893€ 57.514
Personnel costs€ -165.933€ -77.065€ -56.569€ -34.407€ -32.835
Depreciation
Operating result€ 4.003€ 23.842€ 23.991€ 17.437€ -133
Financial income
Financial charges
Result before tax
Income taxes
Net result€ -6.958€ 11.598€ 15.834€ 6.394€ -3.139
Balance sheet
Total assets€ 106.539€ 106.204€ 121.331€ 97.531€ 45.614
Receivables ≤ 1 year
Cash & equivalents€ 23.875€ 9.303€ 290€ 10.339€ 15.769
Equity€ 14.868€ 21.827€ 15.229€ 11.698€ 5.305
Amounts payable
Workforce
Average FTE

HOA portfolio 67 HOAs

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