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185
Total HOAs
2
Regions
31
Municipalities
Flanders 184 Brussels 0 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 431.288
Gross margin · 2024
▲ 37,3% vs 2023
📈
€ 114.348
Net result · 2024
▲ 181% vs 2023
🏦
€ 314.049
Equity · 2024
▲ 57,3% vs 2023
👥
4.6
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€17k
2007
€38k
2008
€55k
2009
€99k
2010
€112k
2011
€93k
2012
€153k
2013
€161k
2014
€159k
2015
€156k
2016
€162k
2017
€151k
2018
€166k
2019
€212k
2020
€259k
2021
€264k
2022
€275k
2023
€314k
2024
€431k
Net result
After tax
2006
€13k
2007
€13k
2008
€7k
2009
€18k
2010
€30k
2011
€-15k
2012
€20k
2013
€20k
2014
€39k
2015
€39k
2016
€30k
2017
€21k
2018
€31k
2019
€64k
2020
€93k
2021
€86k
2022
€76k
2023
€41k
2024
€114k
Equity
At closing date
2006
€57k
2007
€70k
2008
€77k
2009
€94k
2010
€124k
2011
€109k
2012
€129k
2013
€139k
2014
€178k
2015
€217k
2016
€247k
2017
€268k
2018
€208k
2019
€272k
2020
€271k
2021
€358k
2022
€159k
2023
€200k
2024
€314k
Average FTE
Full-time equivalents
2007
1.0
2008
1.0
2009
1.3
2010
1.4
2011
1.4
2012
1.4
2013
1.5
2014
1.5
2015
1.5
2016
1.5
2017
1.5
2018
1.5
2019
1.5
2020
2.3
2024
4.6
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 Sept 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 431.288€ 314.158€ 274.982€ 264.119€ 259.012€ 212.073€ 165.908€ 151.458€ 161.959€ 155.533€ 158.741€ 161.454€ 152.926€ 92.805€ 112.264€ 98.908€ 54.625€ 37.869€ 16.842
Personnel costs€ -252.998€ -235.749€ -152.896€ -124.387€ -97.928€ -84.148€ -76.532€ -77.907€ -78.814€ -45.046€ -44.718€ -83.305€ -80.881€ -76.438€ -64.820€ -61.432€ -36.750€ -9.200
Depreciation€ -23.208€ -29.908€ -37.304€ -34.172€ -30.855€ -37.166€ -43.217€ -41.603€ -41.016€ -29.378€ -7.868€ -11.989€ -6.583€ -7.463€ -6.778
Operating result€ 156.564€ 58.339€ 103.639€ 115.313€ 135.375€ 94.850€ 44.816€ 35.368€ 48.489€ 69.717€ 67.658€ 34.042€ 28.771€ -14.259€ 38.326€ 24.161€ 9.890€ 19.253€ 7.870
Financial income€ 0€ 28€ 49€ 27€ 60€ 144€ 111€ 160€ 289€ 111€ 145
Financial charges€ -3.663€ -4.508€ -5.309€ -5.983€ -6.862€ -7.288€ -7.861€ -7.941€ -8.414€ -1.135€ -772€ -695€ -1.123€ -1.343€ -572
Result before tax€ 131.712€ 90.342€ 39.507€ 29.385€ 41.628€ 62.457€ 59.846€ 26.129€ 20.417€ -15.250€ 40.557€ 23.627€ 9.055€ 18.021€ 15.384
Income taxes€ -39.168€ -26.229€ -8.752€ -8.700€ -11.609€ -23.491€ -20.801€ -5.899€ -451€ -22€ -10.978€ -5.916€ -2.343€ -4.813€ -2.632
Net result€ 114.348€ 40.689€ 76.485€ 86.405€ 92.544€ 64.113€ 30.755€ 20.685€ 30.019€ 38.966€ 39.045€ 20.229€ 19.965€ -15.272€ 29.579€ 17.711€ 6.712€ 13.209€ 12.752
Balance sheet
Total assets€ 401.089€ 271.523€ 268.215€ 453.170€ 488.445€ 403.120€ 331.216€ 414.156€ 420.207€ 412.115€ 403.827€ 366.129€ 367.223€ 360.392€ 152.537€ 122.824€ 97.060€ 80.733€ 63.151
Receivables ≤ 1 year€ 16.044€ 23.468€ 7.810€ 12.549€ 13.128€ 7.060€ 7.256€ 11.697€ 18.597€ 10.748€ 6.667€ 3.955€ 5.449€ 1.690€ 9.294
Cash & equivalents€ 73.519€ 101.074€ 99.440€ 306.632€ 341.666€ 228.621€ 151.700€ 208.505€ 208.420€ 183.574€ 140.080€ 82.330€ 57.450€ 85.157€ 134.074€ 104.183€ 75.830€ 66.421€ 41.335
Equity€ 314.049€ 199.701€ 159.013€ 357.527€ 271.123€ 272.468€ 208.355€ 267.600€ 246.915€ 216.896€ 177.931€ 138.886€ 128.656€ 108.691€ 123.963€ 94.384€ 76.673€ 69.961€ 56.753
Amounts payable€ 217.322€ 130.652€ 122.861€ 146.556€ 173.292€ 195.218€ 225.896€ 227.243€ 238.567€ 251.701€ 28.574€ 28.440€ 20.387€ 10.771€ 6.398
Workforce
Average FTE4.62.31.51.51.51.51.51.51.51.41.41.41.31.01.0

HOA portfolio 185 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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