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📍 Locations · 2

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69
Total HOAs
11 direct + 58 via acquisitions
2
Regions
14
Municipalities
Flanders 1 Brussels 68 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2019–2025). Amounts in euros.

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💶
€ 15.695
Gross margin · 2025
▲ 129,3% vs 2024
📈
€ 6.367
Net result · 2025
▼ 94,8% vs 2024
🏦
€ 29.324
Equity · 2025
▲ 27,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2019
€15k
2020
€16k
2021
€31k
2022
€30k
2023
€19k
2024
€-54k
2025
€16k
Net result
After tax
2019
€1k
2020
€1k
2021
€9k
2022
€40k
2023
€41k
2024
€124k
2025
€6k
Equity
At closing date
2019
€8k
2020
€9k
2021
€18k
2022
€58k
2023
€99k
2024
€23k
2025
€29k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 2 earlier yearsApproved 27 Mar 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 15.695€ -53.632€ 18.589€ 30.150€ 31.404
Personnel costs
Depreciation€ -11.252
Operating result€ 13.379€ -59.368€ 8.082€ 17.493€ 19.726
Financial income
Financial charges€ -7.523
Result before tax€ 12.203
Income taxes€ -3.170
Net result€ 6.367€ 123.530€ 41.460€ 39.946€ 9.033
Balance sheet
Total assets€ 604.747€ 615.429€ 601.938€ 573.184€ 574.323
Receivables ≤ 1 year€ 29.942
Cash & equivalents€ 3.698€ 10.499€ 1.716€ 11.538€ 18.971
Equity€ 29.324€ 22.957€ 99.427€ 57.967€ 18.021
Amounts payable€ 556.302
Workforce
Average FTE

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
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HOA portfolio 69 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
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