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26
Total HOAs
1
Regions
13
Municipalities
Flanders 26 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 98.358
Gross margin · 2024
▲ 54,3% vs 2023
📈
€ 14.612
Net result · 2024
▲ 317,6% vs 2023
🏦
€ 465.006
Equity · 2024
▲ 3,2% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€58k
2007
€7k
2008
€68k
2009
€47k
2010
€24k
2011
€57k
2012
€58k
2013
€80k
2014
€74k
2015
€118k
2016
€74k
2017
€113k
2018
€90k
2019
€144k
2020
€107k
2021
€76k
2022
€20k
2023
€64k
2024
€98k
Net result
After tax
2006
€17k
2007
€-19k
2008
€24k
2009
€12k
2010
€-15k
2011
€6k
2012
€16k
2013
€28k
2014
€21k
2015
€57k
2016
€18k
2017
€33k
2018
€13k
2019
€15k
2020
€39k
2021
€25k
2022
€-22k
2023
€3k
2024
€15k
Equity
At closing date
2006
€39k
2007
€20k
2008
€204k
2009
€215k
2010
€200k
2011
€205k
2012
€221k
2013
€249k
2014
€270k
2015
€327k
2016
€345k
2017
€377k
2018
€390k
2019
€405k
2020
€444k
2021
€469k
2022
€447k
2023
€450k
2024
€465k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 May 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 98.358€ 63.746€ 20.149€ 76.061€ 107.064€ 144.092€ 90.153€ 113.413€ 73.828€ 118.139€ 73.582€ 79.881€ 58.162€ 56.579€ 24.381€ 46.957€ 68.241€ 6.875€ 57.811
Personnel costs
Depreciation€ -37.092€ -38.533€ -48.476€ -38.088€ -36.820€ -32.183€ -35.302€ -20.834€ -22.657€ -22.995€ -30.824€ -30.837€ -34.881€ -25.451€ -22.946
Operating result€ 47.204€ 13.841€ -26.980€ 36.850€ 64.256€ 82.424€ 40.479€ 72.041€ 32.773€ 85.153€ 36.767€ 58.072€ 35.063€ 33.144€ -6.914€ 15.684€ 32.875€ -19.289€ 34.143
Financial income€ 3.511€ 3.270€ 20€ 1€ 7€ 12€ 9€ 10€ 22€ 216€ 40€ 8€ 11€ 10
Financial charges€ -1.176€ -7.857€ -1.423€ -1.282€ -52€ -632€ -67€ -5€ -28€ -249€ -89€ -198€ 0€ -13
Result before tax€ 66.591€ 51.143€ 40.499€ 70.619€ 31.498€ 87.184€ 36.147€ 43.429€ 29.588€ 8.420€ -15.172€ 16.868€ 32.685€ -19.278€ 29.286
Income taxes€ -27.501€ -36.233€ -27.822€ -37.988€ -13.773€ -30.195€ -14.880€ -15.834€ -13.610€ -2.490€ 27€ -5.233€ -9.016€ -2€ -12.694
Net result€ 14.612€ 3.500€ -22.051€ 24.879€ 39.090€ 14.910€ 12.677€ 32.631€ 17.725€ 56.989€ 21.267€ 27.595€ 15.977€ 5.930€ -15.145€ 11.635€ 23.669€ -19.280€ 16.592
Balance sheet
Total assets€ 672.741€ 685.424€ 628.682€ 760.124€ 691.649€ 801.807€ 640.079€ 646.156€ 605.796€ 528.353€ 467.249€ 458.279€ 495.525€ 435.570€ 463.763€ 485.294€ 466.636€ 78.579€ 97.589
Receivables ≤ 1 year€ 218.088€ 168.391€ 204.199€ 223.151€ 118.929€ 73.997€ 27.807€ 32.768€ 62.560€ 37.837€ 36.949€ 24.154€ 38.464€ 4.888€ 14.733
Cash & equivalents€ 55.599€ 6.526€ 29.521€ 63.954€ 50.200€ 109.283€ 40.900€ 51.468€ 43.338€ 85.053€ 56.248€ 52.881€ 41.526€ 9.643€ 17.720€ 25.231€ 5.955€ 5.811€ 3.785
Equity€ 465.006€ 450.393€ 446.894€ 468.945€ 444.066€ 404.976€ 390.066€ 377.389€ 344.759€ 327.033€ 270.044€ 248.778€ 221.183€ 205.205€ 200.175€ 215.320€ 203.685€ 20.016€ 39.296
Amounts payable€ 247.583€ 396.831€ 250.013€ 268.767€ 261.038€ 201.319€ 197.205€ 209.502€ 274.343€ 230.365€ 263.588€ 269.974€ 262.951€ 58.562€ 58.292
Workforce
Average FTE

HOA portfolio 26 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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