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86
Total HOAs
1
Regions
2
Municipalities
Flanders 86 Brussels 0 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 →
💶
€ 1.607.036
Gross margin · 2025
▲ 26,9% vs 2024
📈
€ 675.181
Net result · 2025
▲ 61% vs 2024
🏦
€ 2.791.788
Equity · 2025
▲ 22,3% vs 2024
👥
8.4
Avg FTE · 2025
▼ 8,7% vs 2024
Revenue (gross margin)
Year-on-year evolution
2011
€712k
2012
€836k
2013
€833k
2014
€756k
2015
€895k
2016
€954k
2017
€1,1M
2018
€1,1M
2019
€1,2M
2020
€1,4M
2021
€1,5M
2022
€1,1M
2023
€1,1M
2024
€1,3M
2025
€1,6M
Net result
After tax
2011
€190k
2012
€230k
2013
€244k
2014
€143k
2015
€160k
2016
€199k
2017
€241k
2018
€275k
2019
€286k
2020
€511k
2021
€511k
2022
€546k
2023
€275k
2024
€419k
2025
€675k
Equity
At closing date
2011
€446k
2012
€452k
2013
€466k
2014
€465k
2015
€395k
2016
€397k
2017
€600k
2018
€750k
2019
€900k
2020
€1,3M
2021
€1,6M
2022
€2,0M
2023
€2,0M
2024
€2,3M
2025
€2,8M
Average FTE
Full-time equivalents
2011
8.6
2012
10.0
2013
10.0
2014
10.2
2015
10.4
2016
10.8
2017
11.2
2018
10.9
2019
10.9
2020
10.9
2021
10.4
2022
10.5
2023
9.3
2024
9.2
2025
8.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 10 earlier yearsApproved 12 Feb 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 1.607.036€ 1.266.165€ 1.095.089€ 1.054.284€ 1.484.869
Personnel costs€ -457.019€ -524.683€ -515.650€ -524.792€ -487.807
Depreciation€ -157.643
Operating result€ 983.271€ 609.055€ 419.221€ 387.662€ 762.012
Financial income
Financial charges€ -9.920
Result before tax€ 752.092
Income taxes€ -240.793
Net result€ 675.181€ 419.247€ 275.003€ 545.989€ 511.299
Balance sheet
Total assets€ 4.063.432€ 3.388.850€ 3.150.941€ 3.129.284€ 3.700.422
Receivables ≤ 1 year€ 54.761
Cash & equivalents€ 1.937.660€ 1.584.834€ 1.169.529€ 1.027.661€ 941.777
Equity€ 2.791.788€ 2.281.931€ 2.013.009€ 1.959.370€ 1.601.266
Amounts payable€ 2.099.156
Workforce
Average FTE8.49.29.310.510.4

HOA portfolio 86 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
Flanders
Flanders
Flanders
Flanders
Flanders
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