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📍 Locations · 2

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1
Total HOAs
1
Regions
1
Municipalities
Flanders 1 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 →
💶
€ 1.090.721
Gross margin · 2024
▲ 76,6% vs 2023
📈
€ 300.038
Net result · 2024
▲ 654,2% vs 2023
🏦
€ 2.646.097
Equity · 2024
▲ 6% vs 2023
👥
3.0
Avg FTE · 2024
▲ 0% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€332k
2007
€424k
2008
€469k
2009
€557k
2010
€645k
2011
€615k
2012
€639k
2014
€857k
2015
€223k
2016
€625k
2017
€479k
2018
€247k
2019
€272k
2020
€364k
2021
€464k
2022
€628k
2023
€618k
2024
€1,1M
Net result
After tax
2006
€-104k
2007
€-19k
2008
€-10k
2009
€83k
2010
€157k
2011
€100k
2012
€81k
2014
€1,4M
2015
€-218k
2016
€249k
2017
€1,1M
2018
€-47k
2019
€-62k
2020
€-46k
2021
€-59k
2022
€69k
2023
€40k
2024
€300k
Equity
At closing date
2006
€91k
2007
€71k
2008
€125k
2009
€208k
2010
€364k
2011
€464k
2012
€545k
2014
€2,0M
2015
€1,8M
2016
€2,0M
2017
€2,7M
2018
€2,7M
2019
€2,5M
2020
€2,7M
2021
€2,6M
2022
€2,5M
2023
€2,5M
2024
€2,6M
Average FTE
Full-time equivalents
2006
3.9
2007
3.2
2008
3.3
2009
3.6
2010
3.5
2011
3.7
2012
2.9
2014
3.4
2015
4.4
2016
3.4
2017
3.0
2018
2.7
2019
2.4
2020
3.0
2021
3.0
2023
3.0
2024
3.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 06 Jun 2025
Line item202420232022202120202019201820172016201520142012201120102009200820072006
Income statement
Gross operating margin€ 1.090.721€ 617.694€ 627.903€ 464.425€ 364.116€ 272.185€ 247.194€ 478.673€ 624.542€ 223.400€ 856.673€ 639.007€ 614.553€ 645.223€ 556.727€ 468.628€ 424.059€ 332.370
Personnel costs€ -145.414€ -109.779€ -112.965€ -108.172€ -98.489€ -74.774€ -86.309€ -86.898€ -67.269€ -112.921€ -123.262€ -109.624€ -52.901€ -66.632€ -66.769€ -67.624€ -67.765€ -73.030
Depreciation€ -332.946€ -257.444€ -251.217€ -206.952€ -226.133€ -235.475€ -291.213€ -354.060€ -253.024€ -249.525€ -259.988€ -244.204€ -227.682€ -209.652€ -201.636
Operating result€ 466.497€ 102.235€ 145.424€ -27.502€ -39.837€ -112.899€ -122.481€ -269.503€ 208.250€ -195.783€ -136.693€ 229.976€ 266.764€ 272.229€ 195.821€ 129.707€ 98.773€ -46.223
Financial income€ 31.495€ 29.178€ 27.996€ 29.192€ 18.465€ 33.627€ 7.151€ 78.730€ 61€ 515€ 2.387€ 1€ 46€ 14
Financial charges€ -74.304€ -65.561€ -47.024€ -30.586€ -86.548€ -62.649€ -41.826€ -180.152€ -108.529€ -124.423€ -128.625€ -123.445€ -150.633€ -128.673€ -89.388
Result before tax€ -70.312€ -68.220€ -131.728€ -70.789€ 1.661.866€ 179.228€ -269.809€ 2.351.835€ 120.101€ 124.590€ 145.991€ 72.377€ -20.880€ -29.886€ -114.711
Income taxes€ -18.395€ -3.416€ -15.872€ -41.222€ -51.875€ -97.141€ -26€ -135.429€ -44.535€ -30.076
Net result€ 300.038€ 39.781€ 68.880€ -58.600€ -45.823€ -61.569€ -47.130€ 1.091.898€ 248.802€ -217.749€ 1.429.684€ 80.887€ 99.834€ 156.587€ 82.973€ -10.284€ -19.290€ -104.115
Balance sheet
Total assets€ 6.901.962€ 6.769.822€ 7.168.412€ 7.277.776€ 7.274.226€ 6.095.930€ 4.677.739€ 4.912.364€ 5.125.887€ 5.775.541€ 4.805.805€ 3.790.036€ 3.621.074€ 4.232.239€ 4.101.726€ 3.645.074€ 3.065.332€ 3.273.736
Receivables ≤ 1 year€ 57.771€ 53.037€ 36.926€ 9.293€ 250€ 234.537€ 1.491.306€ 1.400.922€ 59.357€ 9.262€ 358€ 140
Cash & equivalents€ 479.395€ 92.005€ 272.709€ 235.018€ 781.775€ 839.746€ 357.951€ 675.325€ 59.087€ 174.883€ 57.997€ 535€ 388.382€ 429€ 1.088€ 893€ 137
Equity€ 2.646.097€ 2.496.060€ 2.496.279€ 2.602.399€ 2.685.999€ 2.534.346€ 2.670.914€ 2.718.044€ 2.016.146€ 1.756.911€ 1.974.660€ 544.976€ 464.089€ 364.255€ 207.668€ 124.695€ 71.225€ 90.515
Amounts payable€ 4.043.096€ 3.925.839€ 2.625.908€ 985.116€ 1.107.730€ 2.172.850€ 2.899.320€ 1.622.184€ 3.234.051€ 3.140.655€ 3.846.333€ 3.861.811€ 3.477.536€ 2.940.668€ 3.119.186
Workforce
Average FTE3.03.03.03.02.42.73.03.44.43.42.93.73.53.63.33.23.9

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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