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426
Total HOAs
1
Regions
37
Municipalities
Flanders 426 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 1.119.335
Gross margin · 2025
▲ 9,4% vs 2024
📈
€ 433.268
Net result · 2025
▲ 13,9% vs 2024
🏦
€ 1.323.099
Equity · 2025
▲ 8,1% vs 2024
👥
9.2
Avg FTE · 2025
▲ 17,9% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€10k
2008
€-6k
2009
€-8k
2010
€3k
2011
€4k
2012
€58k
2013
€93k
2014
€101k
2015
€132k
2016
€174k
2017
€144k
2018
€247k
2019
€240k
2020
€420k
2021
€573k
2022
€736k
2023
€921k
2024
€1,0M
2025
€1,1M
Net result
After tax
2007
€-11k
2008
€-9k
2009
€-9k
2010
€698
2011
€258
2012
€28k
2013
€46k
2014
€35k
2015
€46k
2016
€65k
2017
€33k
2018
€75k
2019
€66k
2020
€133k
2021
€135k
2022
€202k
2023
€307k
2024
€381k
2025
€433k
Equity
At closing date
2007
€6k
2008
€6k
2009
€6k
2010
€6k
2011
€14k
2012
€22k
2013
€68k
2014
€103k
2015
€104k
2016
€139k
2017
€172k
2018
€217k
2019
€284k
2020
€382k
2021
€471k
2022
€615k
2023
€899k
2024
€1,2M
2025
€1,3M
Average FTE
Full-time equivalents
2012
0.1
2013
0.1
2014
0.2
2015
0.2
2016
0.8
2017
1.7
2018
3.2
2019
3.2
2020
5.8
2021
7.6
2022
7.0
2023
7.9
2024
7.8
2025
9.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 14 earlier yearsApproved 24 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 1.119.335€ 1.022.764€ 920.651€ 735.965€ 572.717
Personnel costs€ -480.121€ -391.787€ -378.944€ -329.020€ -285.648
Depreciation
Operating result€ 565.710€ 558.463€ 453.385€ 241.398€ 193.316
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 433.268€ 380.514€ 307.443€ 201.774€ 135.034
Balance sheet
Total assets€ 1.673.878€ 1.588.806€ 1.256.087€ 996.617€ 570.558
Receivables ≤ 1 year
Cash & equivalents€ 479.137€ 364.300€ 213.674€ 109.605€ 325.441
Equity€ 1.323.099€ 1.224.153€ 898.989€ 614.954€ 470.833
Amounts payable
Workforce
Average FTE9.27.87.97.07.6

HOA portfolio 426 HOAs

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