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20
Total HOAs
1
Regions
4
Municipalities
Flanders 20 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2024). Amounts in euros.

View at NBB →
💶
€ 23.656
Gross margin · 2024
▼ 66% vs 2023
📈
€ 24.425
Net result · 2024
▼ 74,9% vs 2023
🏦
€ 300.980
Equity · 2024
▼ 1,8% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2011
€11k
2012
€31k
2013
€36k
2014
€89k
2015
€53k
2016
€49k
2017
€46k
2018
€49k
2019
€53k
2020
€47k
2021
€76k
2022
€70k
2023
€70k
2024
€24k
Net result
After tax
2011
€4k
2012
€19k
2013
€22k
2014
€54k
2015
€32k
2016
€29k
2017
€73k
2018
€28k
2019
€31k
2020
€31k
2021
€54k
2022
€51k
2023
€97k
2024
€24k
Equity
At closing date
2011
€17k
2012
€36k
2013
€58k
2014
€112k
2015
€14k
2016
€43k
2017
€116k
2018
€144k
2019
€175k
2020
€206k
2021
€260k
2022
€282k
2023
€306k
2024
€301k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 04 Jun 2025
Line item20242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 23.656€ 69.606€ 70.406€ 76.247€ 47.470€ 52.577€ 49.278€ 45.532€ 49.223€ 52.626€ 89.495€ 35.692€ 30.647€ 11.304
Personnel costs€ 0€ -97€ -2.011€ -3.127€ -2.011€ -2.977€ -2.011€ -2.458€ -2.458€ -3.628€ -2.509
Depreciation€ -815€ -815€ -226€ -226€ -290€ -286€ -286€ -556€ -578
Operating result€ 21.003€ 69.057€ 70.058€ 74.629€ 46.166€ 49.750€ 45.629€ 43.200€ 45.846€ 50.100€ 86.526€ 32.726€ 25.923€ 7.844
Financial income€ 50.003€ 7€ 377€ 345€ 348€ 190€ 268
Financial charges€ -53€ -121€ -95€ -67€ -310€ -120€ -2.366€ -2.716€ -31€ -332
Result before tax€ 46.113€ 49.629€ 45.534€ 93.136€ 45.543€ 50.357€ 84.505€ 30.359€ 26.083€ 6.980
Income taxes€ -15.381€ -18.520€ -17.480€ -20.500€ -16.520€ -18.603€ -30.660€ -8.078€ -6.940€ -2.497
Net result€ 24.425€ 97.150€ 50.739€ 54.431€ 30.732€ 31.110€ 28.054€ 72.636€ 29.023€ 31.754€ 53.845€ 22.281€ 19.143€ 4.483
Balance sheet
Total assets€ 328.325€ 320.487€ 289.697€ 278.778€ 214.322€ 181.095€ 147.278€ 126.615€ 64.046€ 51.921€ 161.555€ 94.592€ 84.551€ 44.367
Receivables ≤ 1 year€ 117.987€ 108.704€ 73.693€ 9.814€ 3.376€ 967€ 4.202€ 4.346€ 11.627€ 12.904
Cash & equivalents€ 103.146€ 132.873€ 54.116€ 46.959€ 57.823€ 33.656€ 36.481€ 79.697€ 23.340€ 13.397€ 122.468€ 55.075€ 30.293€ 22.842
Equity€ 300.980€ 306.409€ 281.895€ 260.179€ 205.814€ 175.082€ 143.973€ 115.919€ 43.283€ 14.260€ 112.152€ 58.307€ 36.027€ 16.883
Amounts payable€ 8.508€ 6.013€ 3.305€ 10.696€ 20.763€ 37.661€ 49.404€ 36.285€ 48.525€ 27.484
Workforce
Average FTE

HOA portfolio 20 HOAs

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