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WESTLAND VASTGOED EN BEHEER

📍 Franslaan 81, 8620 Nieuwpoort FlandersCBE start date: 20 Dec 2007

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41
Total HOAs
19 direct + 22 via acquisitions
1
Regions
7
Municipalities
Flanders 41 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008–2024). Amounts in euros.

View at NBB →
💶
€ 60.690
Gross margin · 2024
▲ 31,2% vs 2023
📈
€ 16.922
Net result · 2024
▲ 19,5% vs 2023
🏦
€ 20.568
Equity · 2024
▲ 464,1% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2008
€37k
2009
€22k
2010
€72k
2011
€21k
2012
€37k
2013
€24k
2014
€30k
2015
€25k
2016
€38k
2017
€16k
2019
€192k
2021
€54k
2022
€80k
2023
€46k
2024
€61k
Net result
After tax
2008
€565k
2009
€-374k
2010
€55k
2011
€54k
2012
€5k
2013
€-5k
2014
€-974
2015
€1k
2016
€28k
2017
€5k
2019
€35k
2021
€-96k
2022
€-82k
2023
€14k
2024
€17k
Equity
At closing date
2008
€625k
2009
€251k
2010
€306k
2011
€359k
2012
€364k
2013
€360k
2014
€359k
2015
€360k
2016
€363k
2017
€363k
2019
€284k
2021
€71k
2022
€-11k
2023
€4k
2024
€21k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 10 earlier yearsApproved 27 Jun 2025
Line item20242023202220212019
Income statement
Gross operating margin€ 60.690€ 46.271€ 80.416€ 53.688€ 191.986
Personnel costs€ -1.886€ -2.878€ -2.604€ -3.525€ -8.030
Depreciation€ -127.349
Operating result€ 35.172€ 26.803€ -62.433€ -83.598€ 43.401
Financial income€ 1.351
Financial charges€ -6.104
Result before tax€ 38.647
Income taxes€ -3.255
Net result€ 16.922€ 14.160€ -81.869€ -96.402€ 35.393
Balance sheet
Total assets€ 160.627€ 187.734€ 160.939€ 288.002€ 545.587
Receivables ≤ 1 year€ 78.181
Cash & equivalents€ 44.592€ 64.167€ 33.910€ 42.351€ 52.960
Equity€ 20.568€ 3.646€ -10.514€ 71.355€ 283.575
Amounts payable€ 262.013
Workforce
Average FTE
Attachments

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
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HOA portfolio 41 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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