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📍 Locations · 2

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54
Total HOAs
2
Regions
9
Municipalities
Flanders 1 Brussels 53 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 198.311
Gross margin · 2025
▼ 4,5% vs 2024
📈
€ 96.444
Net result · 2025
▼ 7,2% vs 2024
🏦
€ 19.406
Equity · 2025
▼ 2,8% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2019
€20k
2020
€56k
2021
€83k
2022
€122k
2023
€178k
2024
€208k
2025
€198k
Net result
After tax
2019
€13k
2020
€43k
2021
€29k
2022
€49k
2023
€84k
2024
€104k
2025
€96k
Equity
At closing date
2019
€19k
2020
€62k
2021
€91k
2022
€14k
2023
€20k
2024
€20k
2025
€19k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 2 earlier yearsApproved 11 May 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 198.311€ 207.755€ 177.965€ 122.399€ 83.004
Personnel costs€ -36.981€ -35.506€ -34.397€ -25.222
Depreciation
Operating result€ 128.347€ 139.585€ 112.114€ 65.470€ 37.965
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 96.444€ 103.961€ 84.032€ 49.160€ 28.757
Balance sheet
Total assets€ 270.847€ 316.698€ 312.541€ 339.654€ 312.732
Receivables ≤ 1 year
Cash & equivalents€ 110.178€ 115.183€ 85.698€ 75.368€ 49.410
Equity€ 19.406€ 19.962€ 20.001€ 13.569€ 90.909
Amounts payable
Workforce
Average FTE

HOA portfolio 54 HOAs

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