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📍 Locations · 8

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569
Total HOAs
2
Regions
85
Municipalities
Flanders 538 Brussels 31 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2025). Amounts in euros.

View at NBB →
💶
€ 1.700.467
Gross margin · 2025
▲ 13,7% vs 2024
📈
€ 11.545
Net result · 2025
▼ 63,4% vs 2024
🏦
€ 96.939
Equity · 2025
▲ 13,5% vs 2024
👥
26.7
Avg FTE · 2025
▲ 4,3% vs 2024
Revenue (gross margin)
Year-on-year evolution
2011
€33k
2012
€106k
2014
€525k
2015
€463k
2016
€508k
2017
€593k
2018
€755k
2019
€944k
2020
€1,2M
2021
€1,2M
2022
€1,4M
2023
€1,9M
2024
€1,5M
2025
€1,7M
Net result
After tax
2011
€-209k
2012
€-133k
2014
€-49k
2015
€10k
2016
€2k
2017
€-73k
2018
€-199k
2019
€-124k
2020
€98k
2021
€-157k
2022
€101k
2023
€286k
2024
€32k
2025
€12k
Equity
At closing date
2011
€-189k
2012
€-322k
2014
€-372k
2015
€-361k
2016
€121k
2017
€48k
2018
€-151k
2019
€-275k
2020
€-177k
2021
€-334k
2022
€-233k
2023
€54k
2024
€85k
2025
€97k
Average FTE
Full-time equivalents
2011
1.8
2012
3.5
2014
6.8
2015
10.1
2016
8.2
2017
10.6
2018
12.6
2019
19.0
2020
21.6
2021
22.4
2022
21.9
2023
25.6
2024
25.6
2025
26.7
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 9 earlier yearsApproved 17 Dec 2025
Line item20252024202320222021
Income statement
Gross operating margin€ 1.700.467€ 1.495.392€ 1.908.309€ 1.423.686€ 1.160.215
Personnel costs€ -1.629.566€ -1.472.694€ -1.562.197€ -1.183.957€ -1.210.106
Depreciation
Operating result€ -20.879€ -23.564€ 275.720€ 106.229€ -154.542
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 11.545€ 31.509€ 286.461€ 101.028€ -156.500
Balance sheet
Total assets€ 351.607€ 322.498€ 569.576€ 422.098€ 404.851
Receivables ≤ 1 year
Cash & equivalents€ 90.466€ 35.667€ 239.073€ 97.623€ 54.823
Equity€ 96.939€ 85.393€ 53.884€ -232.577€ -333.605
Amounts payable
Workforce
Average FTE26.725.625.621.922.4

HOA portfolio 569 HOAs

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