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📍 Locations · 1

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88
Total HOAs
59 direct + 29 via acquisitions
1
Regions
8
Municipalities
Flanders 0 Brussels 0 Wallonia 88
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

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💶
€ 200.476
Gross margin · 2025
▲ 0,2% vs 2024
📈
€ -27.192
Net result · 2025
▼ 80% vs 2024
🏦
€ 23.364
Equity · 2025
▼ 53,8% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2018
€12k
2019
€106k
2020
€90k
2021
€265k
2022
€202k
2023
€184k
2024
€200k
2025
€200k
Net result
After tax
2018
€-6k
2019
€28k
2020
€195k
2021
€-58k
2022
€-67k
2023
€-47k
2024
€-15k
2025
€-27k
Equity
At closing date
2018
€13k
2019
€41k
2020
€237k
2021
€179k
2022
€112k
2023
€66k
2024
€51k
2025
€23k
Average FTE
Full-time equivalents
2018
0.1
2019
0.8
2020
1.6
2021
1.8
2022
2.8
2023
1.9
2024
1.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 3 earlier yearsApproved 23 Jul 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 200.476€ 199.983€ 184.300€ 202.125€ 265.090
Personnel costs€ -116.718€ -92.640€ -99.738€ -147.354€ -209.039
Depreciation-----
Operating result€ -13.843€ 8.270€ -23.424€ -51.460€ -49.472
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ -27.192€ -15.109€ -46.653€ -66.664€ -57.647
Balance sheet
Total assets€ 419.563€ 491.018€ 578.738€ 624.497€ 703.685
Receivables ≤ 1 year-----
Cash & equivalents€ 17.176€ 17.846€ 16.399€ 16.556€ 19.575
Equity€ 23.364€ 50.556€ 65.665€ 112.319€ 178.982
Amounts payable-----
Workforce
Average FTE-1.81.92.81.8

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
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HOA portfolio 88 HOAs

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