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📍 Locations · 4

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5
Total HOAs
1
Regions
3
Municipalities
Flanders 5 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2013–2025). Amounts in euros.

View at NBB →
💶
€ 296.249
Gross margin · 2025
▲ 17,3% vs 2024
📈
€ 181.374
Net result · 2025
▲ 25,9% vs 2024
🏦
€ 358.919
Equity · 2025
▲ 0,9% vs 2024
👥
1.5
Avg FTE · 2025
▼ 6,3% vs 2024
Revenue (gross margin)
Year-on-year evolution
2013
€46k
2014
€75k
2015
€111k
2016
€78k
2017
€98k
2018
€192k
2019
€362k
2020
€300k
2021
€361k
2022
€427k
2023
€285k
2024
€253k
2025
€296k
Net result
After tax
2013
€28k
2014
€38k
2015
€64k
2016
€29k
2017
€43k
2018
€80k
2019
€244k
2020
€203k
2021
€250k
2022
€314k
2023
€138k
2024
€144k
2025
€181k
Equity
At closing date
2013
€60k
2014
€67k
2015
€121k
2016
€150k
2017
€194k
2018
€263k
2019
€266k
2020
€294k
2021
€326k
2022
€343k
2023
€345k
2024
€356k
2025
€359k
Average FTE
Full-time equivalents
2018
0.7
2019
2.1
2020
1.9
2023
2.6
2024
1.6
2025
1.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 8 earlier yearsApproved 30 Apr 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 296.249€ 252.526€ 284.935€ 427.100€ 361.415
Personnel costs€ -81.519€ -84.374€ -125.087€ -90.860€ -79.777
Depreciation
Operating result€ 185.008€ 148.332€ 141.415€ 323.686€ 265.219
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 181.374€ 144.088€ 137.597€ 313.586€ 250.322
Balance sheet
Total assets€ 569.168€ 512.023€ 507.091€ 662.274€ 593.580
Receivables ≤ 1 year
Cash & equivalents€ 238.941€ 202.937€ 212.884€ 574.859€ 448.553
Equity€ 358.919€ 355.546€ 345.357€ 342.561€ 325.874
Amounts payable
Workforce
Average FTE1.51.62.6

HOA portfolio 5 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
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