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📍 Locations · 1

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

Source: NBB annual accounts (2008–2025). Amounts in euros.

View at NBB →
💶
€ 28.006
Gross margin · 2025
▲ 27,2% vs 2024
📈
€ 15.744
Net result · 2025
▲ 10% vs 2024
🏦
€ 144.469
Equity · 2025
▲ 12,2% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2008
€16k
2009
€62k
2010
€26k
2011
€5k
2012
€31k
2013
€20k
2014
€10k
2015
€-11k
2016
€33k
2017
€49k
2018
€64k
2019
€43k
2020
€49k
2021
€35k
2022
€33k
2023
€25k
2024
€22k
2025
€28k
Net result
After tax
2008
€-517
2009
€-419
2010
€-3k
2011
€-21k
2012
€5k
2013
€7k
2014
€6k
2015
€6k
2016
€7k
2017
€12k
2018
€31k
2019
€26k
2020
€24k
2021
€12k
2022
€12k
2023
€13k
2024
€14k
2025
€16k
Equity
At closing date
2008
€6k
2009
€5k
2010
€2k
2011
€-18k
2012
€-14k
2013
€-7k
2014
€-2k
2015
€4k
2016
€11k
2017
€23k
2018
€42k
2019
€58k
2020
€77k
2021
€89k
2022
€101k
2023
€114k
2024
€129k
2025
€144k
Average FTE
Full-time equivalents
2017
1.0
2018
0.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 27 Mar 2026
Line item202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross operating margin€ 28.006€ 22.011€ 25.075€ 33.034€ 35.024€ 49.083€ 43.339€ 64.008€ 49.064€ 32.756€ -10.666€ 10.149€ 19.716€ 30.643€ 4.777€ 25.642€ 62.159€ 16.020
Personnel costs€ 20€ -6.113€ -13.230
Depreciation€ -12.195€ -12.091€ -11.940€ -14.256€ -13.888€ -14.531€ -4.234€ -5.517€ -22.118€ -21.792€ -19.940€ -13.085€ -12.675
Operating result€ 24.716€ 17.369€ 20.452€ 19.284€ 19.946€ 36.417€ 30.504€ 39.308€ 20.394€ 12.338€ 9.504€ 4.318€ 12.294€ 7.151€ -19.488€ 1.684€ 2.501€ 2.511
Financial income€ 1€ 645€ 637€ 1.362€ 902€ 3.576€ 6.978€ 385€ 412€ 588€ 45€ 227€ 7
Financial charges€ -235€ -454€ -478€ -1.305€ -1.073€ -1.684€ -1.376€ -1.254€ -832€ -1.821€ -2.247€ -1.981€ -2.282
Result before tax€ 36.183€ 30.695€ 39.467€ 20.451€ 12.167€ 11.396€ 9.920€ 11.425€ 6.731€ -20.721€ -518€ 746€ 236
Income taxes€ -11.780€ -5.108€ -8.552€ -8.366€ -5.071€ -5.677€ -4.404€ -4.901€ -2.124€ -2.361€ -1.165€ -753
Net result€ 15.744€ 14.314€ 13.310€ 11.640€ 12.344€ 24.403€ 25.587€ 30.915€ 12.084€ 7.097€ 5.720€ 5.516€ 6.524€ 4.607€ -20.721€ -2.879€ -419€ -517
Balance sheet
Total assets€ 172.283€ 144.538€ 172.479€ 159.532€ 138.998€ 149.028€ 161.780€ 160.257€ 130.253€ 131.531€ 116.583€ 81.864€ 141.441€ 80.565€ 123.231€ 172.036€ 107.978€ 73.640
Receivables ≤ 1 year€ 4.594€ 10.647€ 2.976€ 720€ 7.911€ 2.854€ 13.097€ 22.461€ 22.601€ 37.272€ 39.963€ 34.194€ 13.212
Cash & equivalents€ 27.067€ 13.124€ 70.433€ 59.187€ 32.452€ 28.363€ 29.938€ 31.267€ 35.557€ 4.397€ 36.236€ 14.105€ 35.047€ 41.733€ 49.505€ 91.967€ 35.985€ 15.912
Equity€ 144.469€ 128.725€ 114.411€ 101.101€ 89.460€ 77.116€ 57.712€ 42.126€ 23.211€ 11.127€ 4.030€ -1.690€ -7.206€ -13.729€ -18.336€ 2.385€ 5.264€ 5.683
Amounts payable€ 71.912€ 104.068€ 118.131€ 107.042€ 120.405€ 112.553€ 37.554€ 102.647€ 48.294€ 95.567€ 123.651€ 56.714€ 67.957
Workforce
Average FTE0.31.0

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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