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📍 Locations · 1

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44
Total HOAs
3
Regions
17
Municipalities
Flanders 36 Brussels 7 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2009–2025). Amounts in euros.

View at NBB →
💶
€ 66.415
Gross margin · 2025
▲ 5,3% vs 2024
📈
€ 11.051
Net result · 2025
▼ 71,7% vs 2024
🏦
€ 281.420
Equity · 2025
▲ 4,1% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2009
€65k
2010
€20k
2011
€17k
2012
€32k
2013
€35k
2014
€25k
2015
€18k
2016
€52k
2017
€68k
2018
€62k
2019
€59k
2020
€67k
2021
€65k
2022
€63k
2023
€72k
2024
€63k
2025
€66k
Net result
After tax
2009
€927
2010
€9k
2011
€-3k
2012
€9k
2013
€11k
2014
€3k
2015
€-7k
2016
€23k
2017
€31k
2018
€42k
2019
€40k
2020
€51k
2021
€46k
2022
€29k
2023
€47k
2024
€39k
2025
€11k
Equity
At closing date
2009
€20k
2010
€28k
2011
€26k
2012
€35k
2013
€46k
2014
€49k
2015
€43k
2016
€66k
2017
€97k
2018
€139k
2019
€178k
2020
€229k
2021
€155k
2022
€184k
2023
€231k
2024
€270k
2025
€281k
Average FTE
Full-time equivalents
2014
0.3
2015
0.4
2016
0.4
2017
0.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 12 earlier yearsApproved 30 Sept 2025
Line item20252024202320222021
Income statement
Gross operating margin€ 66.415€ 63.054€ 72.215€ 63.126€ 64.551
Personnel costs€ -49.533€ -3.045
Depreciation€ -468
Operating result€ 15.646€ 53.881€ 65.867€ 56.685€ 62.678
Financial income€ 1.198
Financial charges€ -563
Result before tax€ 63.313
Income taxes€ -17.404
Net result€ 11.051€ 39.009€ 47.383€ 29.052€ 45.909
Balance sheet
Total assets€ 307.296€ 274.717€ 240.024€ 192.985€ 178.237
Receivables ≤ 1 year€ 114.915
Cash & equivalents€ 254.693€ 172.735€ 134.180€ 87.822€ 42.684
Equity€ 281.420€ 270.369€ 231.361€ 183.978€ 154.926
Amounts payable€ 23.311
Workforce
Average FTE

HOA portfolio 44 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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