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2
Total HOAs
1
Regions
1
Municipalities
Flanders 2 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 21.576
Gross margin · 2025
▲ 444,4% vs 2024
📈
€ -6.301
Net result · 2025
▲ 84,7% vs 2024
🏦
€ 639.156
Equity · 2025
▼ 1% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€6k
2008
€185k
2009
€189k
2010
€228k
2011
€215k
2012
€221k
2013
€203k
2014
€193k
2015
€169k
2016
€178k
2017
€177k
2018
€238k
2019
€254k
2020
€277k
2021
€347k
2023
€592k
2024
€4k
2025
€22k
Net result
After tax
2006
€161
2008
€-980
2009
€-7k
2010
€3k
2011
€-13k
2012
€-10k
2013
€-10k
2014
€-7k
2015
€5k
2016
€-209
2017
€12k
2018
€57k
2019
€54k
2020
€79k
2021
€96k
2023
€260k
2024
€-41k
2025
€-6k
Equity
At closing date
2006
€187k
2008
€175k
2009
€168k
2010
€171k
2011
€158k
2012
€148k
2013
€138k
2014
€131k
2015
€136k
2016
€135k
2017
€147k
2018
€204k
2019
€258k
2020
€331k
2021
€427k
2023
€687k
2024
€645k
2025
€639k
Average FTE
Full-time equivalents
2008
2.9
2009
2.9
2010
1.5
2011
2.9
2012
2.7
2013
2.8
2014
2.8
2015
2.2
2016
1.9
2017
1.9
2018
2.4
2019
3.1
2020
3.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Dec 2025
Line item202520242023202120202019201820172016201520142013201220112010200920082006
Income statement
Gross operating margin€ 21.576€ 3.963€ 591.820€ 346.987€ 276.778€ 253.577€ 237.725€ 177.352€ 178.229€ 169.157€ 192.899€ 202.989€ 220.556€ 215.380€ 227.560€ 189.386€ 185.260€ 6.369
Personnel costs€ 0€ -51.279€ -131.614€ -106.148€ -114.825€ -89.083€ -81.698€ -82.678€ -84.377€ -116.770€ -126.284€ -110.664€ -109.361€ -107.187€ -106.973€ -101.544
Depreciation€ -36.153€ -34.434€ -46.366€ -38.567€ -49.945€ -46.902€ -45.799€ -49.224€ -62.219€ -49.612€ -65.356€ -44.131€ -40.287
Operating result€ -7.608€ -44.575€ 402.190€ 138.017€ 115.906€ 78.503€ 83.400€ 40.220€ 25.908€ 8.396€ 13.407€ 9.289€ 9.735€ 10.151€ 28.948€ 10.256€ 23.043€ 6.022
Financial income€ 2.251€ 954€ 341€ 25€ 56€ 267€ 94€ 608€ 71€ 2.264€ 156€ 584€ 806€ 14
Financial charges€ -6.392€ -6.886€ -8.667€ -11.307€ -12.335€ -13.728€ -14.857€ -16.953€ -17.017€ -15.387€ -18.450€ -16.932€ -17.744€ -5.873
Result before tax€ 111.765€ 72.571€ 75.074€ 28.938€ 13.629€ 10.868€ -1.356€ -7.056€ -6.961€ -10.345€ 10.654€ -6.092€ 6.105€ 163
Income taxes€ -32.802€ -18.680€ -18.204€ -17.049€ -13.837€ -6.001€ -6.072€ -2.901€ -3.054€ -2.157€ -7.770€ -1.312€ -7.085€ -2
Net result€ -6.301€ -41.188€ 260.030€ 95.508€ 78.963€ 53.891€ 56.870€ 11.889€ -209€ 4.867€ -7.428€ -9.957€ -10.015€ -12.502€ 2.884€ -7.404€ -980€ 161
Balance sheet
Total assets€ 848.154€ 930.282€ 957.634€ 848.049€ 780.974€ 745.306€ 732.946€ 777.259€ 770.994€ 776.277€ 904.646€ 872.275€ 972.596€ 889.949€ 875.316€ 751.326€ 704.653€ 306.738
Receivables ≤ 1 year€ 75.003€ 69.716€ 58.016€ 32.324€ 34.604€ 30.196€ 108.364€ 56.446€ 36.487€ 29.031€ 33.123€ 41.995€ 73.337€ 3.432
Cash & equivalents€ 13.406€ 32.379€ 65.059€ 34.091€ 66.772€ 48.443€ 38.774€ 99.144€ 78.043€ 41.194€ 64.416€ 37.550€ 96.789€ 105.945€ 73.047€ 8.831€ 19.950€ 7.663
Equity€ 639.156€ 645.457€ 686.646€ 426.615€ 331.108€ 258.144€ 204.254€ 147.384€ 135.495€ 135.704€ 130.837€ 138.265€ 148.222€ 158.237€ 170.738€ 167.855€ 175.259€ 186.912
Amounts payable€ 352.502€ 389.797€ 431.328€ 532.511€ 538.134€ 543.209€ 676.445€ 636.646€ 727.010€ 634.348€ 632.315€ 515.942€ 466.384€ 109.850
Workforce
Average FTE3.03.12.41.91.92.22.82.82.72.91.52.92.9
Attachments

HOA portfolio 2 HOAs

VME Address Municipality Region
Flanders
Flanders
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