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📍 Locations · 2

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

Source: NBB annual accounts (2013–2025). Amounts in euros.

View at NBB →
💶
€ 93.966
Gross margin · 2025
▼ 17,2% vs 2024
📈
€ 2.971
Net result · 2025
▲ 109,3% vs 2024
🏦
€ -127.652
Equity · 2025
▲ 2,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2013
€189k
2014
€122k
2015
€141k
2016
€120k
2017
€87k
2018
€147k
2019
€119k
2020
€120k
2021
€150k
2022
€131k
2023
€1k
2024
€113k
2025
€94k
Net result
After tax
2013
€5k
2014
€-26k
2015
€7k
2016
€26k
2017
€3k
2018
€23k
2019
€-19k
2020
€2k
2021
€9k
2022
€-4k
2023
€-141k
2024
€-32k
2025
€3k
Equity
At closing date
2013
€24k
2014
€-2k
2015
€5k
2016
€31k
2017
€33k
2018
€54k
2019
€35k
2020
€37k
2021
€47k
2022
€42k
2023
€-99k
2024
€-131k
2025
€-128k
Average FTE
Full-time equivalents
2013
1.4
2014
2.5
2015
1.9
2016
1.0
2017
1.0
2018
1.8
2019
2.2
2020
2.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Apr 2026
Line item2025202420232022202120202019201820172016201520142013
Income statement
Gross operating margin€ 93.966€ 113.497€ 1.278€ 131.006€ 149.917€ 120.339€ 119.361€ 146.608€ 86.799€ 119.805€ 140.540€ 121.724€ 189.294
Personnel costs€ -72.021€ -128.997€ -126.425€ -115.243€ -114.347€ -89.456€ -101.939€ -83.469€ -42.297€ -39.927€ -79.240€ -91.327€ -89.136
Depreciation€ -27.341€ -36.042€ -32.495€ -35.570€ -41.511€ -43.392€ -48.115€ -82.520
Operating result€ 7.589€ -25.922€ -138.999€ -3.030€ 10.326€ 1.453€ -20.148€ 28.664€ 7.224€ 36.775€ 14.861€ -19.553€ 15.720
Financial income€ 3.055€ 2.999€ 1.855€ 864€ 898€ 796€ 359€ 1.443
Financial charges€ -1.961€ -1.505€ -1.663€ -2.738€ -8.316€ -8.785€ -6.541€ -8.159
Result before tax€ 2.546€ -18.654€ 28.856€ 5.350€ 29.358€ 6.873€ -25.735€ 9.004
Income taxes€ -476€ -372€ -5.996€ -2.535€ -3.607€ -214€ -56€ -3.581
Net result€ 2.971€ -31.793€ -141.311€ -4.075€ 9.195€ 2.070€ -19.026€ 22.860€ 2.815€ 25.751€ 6.659€ -25.792€ 5.423
Balance sheet
Total assets€ 95.173€ 35.315€ 86.656€ 163.045€ 191.094€ 138.900€ 214.481€ 247.153€ 194.610€ 214.177€ 285.457€ 259.600€ 325.074
Receivables ≤ 1 year€ 74.195€ 81.489€ 70.798€ 56.979€ 39.036€ 35.162€ 39.192€ 58.341
Cash & equivalents€ 89.052€ 2.755€ 58.947€ 70.929€ 42.251€ 23.355€ 65.401€ 100.270€ 33.454€ 42.181€ 76.141€ 3.255€ 11.686
Equity€ -127.652€ -130.623€ -98.830€ 42.481€ 46.557€ 37.361€ 35.291€ 54.317€ 33.457€ 30.641€ 4.890€ -1.769€ 24.023
Amounts payable€ 101.538€ 179.190€ 192.837€ 161.153€ 183.535€ 280.567€ 261.369€ 301.051
Workforce
Average FTE2.22.21.81.01.01.92.51.4

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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