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163
Total HOAs
2
Regions
26
Municipalities
Flanders 158 Brussels 5 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 →
💶
€ 388.414
Gross margin · 2025
▲ 44,1% vs 2024
📈
€ 118.311
Net result · 2025
▲ 58,7% vs 2024
🏦
€ 354.113
Equity · 2025
▲ 39,3% vs 2024
👥
2.9
Avg FTE · 2025
▼ 3,3% vs 2024
Revenue (gross margin)
Year-on-year evolution
2019
€27k
2020
€26k
2021
€50k
2022
€128k
2023
€262k
2024
€270k
2025
€388k
Net result
After tax
2019
€19k
2020
€18k
2021
€31k
2022
€30k
2023
€81k
2024
€75k
2025
€118k
Equity
At closing date
2019
€31k
2020
€50k
2021
€81k
2022
€118k
2023
€199k
2024
€254k
2025
€354k
Average FTE
Full-time equivalents
2023
3.2
2024
3.0
2025
2.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 2 earlier yearsApproved 05 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 388.414€ 269.575€ 262.176€ 127.886€ 49.606
Personnel costs€ -186.947€ -138.265€ -144.590€ -80.865€ -5.944
Depreciation
Operating result€ 177.238€ 106.679€ 113.631€ 42.769€ 39.860
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 118.311€ 74.546€ 81.028€ 30.431€ 31.198
Balance sheet
Total assets€ 944.411€ 552.692€ 253.950€ 152.990€ 102.302
Receivables ≤ 1 year
Cash & equivalents€ 77.153€ 87.161€ 118.530€ 123.530€ 79.916
Equity€ 354.113€ 254.161€ 198.571€ 117.544€ 80.913
Amounts payable
Workforce
Average FTE2.93.03.2

HOA portfolio 163 HOAs

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