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3
Total HOAs
1
Regions
2
Municipalities
Flanders 3 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 →
💶
€ 176.571
Gross margin · 2024
📈
€ 93.549
Net result · 2024
🏦
€ 973.002
Equity · 2024
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2006
€78k
2007
€77k
2008
€106k
2009
€117k
2010
€102k
2011
€132k
2012
€117k
2013
€118k
2014
€165k
2015
€143k
2016
€162k
2017
€135k
2018
€136k
2019
€160k
2020
€152k
2024
€177k
Net result
After tax
2006
€12k
2007
€14k
2008
€33k
2009
€43k
2010
€44k
2011
€50k
2012
€36k
2013
€-39k
2014
€66k
2015
€26k
2016
€58k
2017
€50k
2018
€51k
2019
€64k
2020
€66k
2024
€94k
Equity
At closing date
2006
€111k
2007
€125k
2008
€159k
2009
€201k
2010
€245k
2011
€295k
2012
€331k
2013
€292k
2014
€357k
2015
€383k
2016
€441k
2017
€490k
2018
€542k
2019
€608k
2020
€674k
2024
€973k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 28 Jun 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 176.571€ 152.166€ 160.104€ 135.517€ 135.461€ 162.147€ 142.858€ 165.443€ 117.991€ 116.982€ 132.423€ 101.703€ 117.417€ 106.164€ 77.396€ 77.994
Personnel costs€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0€ 0
Depreciation€ -31.304€ -32.378€ -29.011€ -28.600€ -35.629€ -68.750€ -36.276€ -38.777€ -36.352€ -39.317€ -21.671€ -21.870€ -21.842€ -23.441€ -30.773
Operating result€ 116.757€ 99.249€ 109.070€ 88.208€ 89.754€ 109.723€ 55.378€ 104.437€ 60.443€ 66.385€ 84.167€ 76.836€ 79.354€ 68.613€ 38.498€ 35.395
Financial income€ 5.989€ 5.462€ 6.781€ 6.467€ 6.162€ 260€ 362€ 696€ 325€ 45€ 106€ 2€ 8€ 13€ 2
Financial charges€ -22.139€ -22.699€ -22.857€ -27.524€ -30.491€ -20.684€ -10.203€ -11.184€ -13.041€ -10.930€ -12.928€ -15.124€ -17.578€ -19.732€ -20.149
Result before tax€ 83.098€ 91.832€ 72.131€ 68.698€ 85.394€ 34.954€ 94.596€ -27.468€ 53.668€ 73.282€ 64.014€ 64.233€ 51.043€ 18.779€ 15.249
Income taxes€ -16.965€ -27.635€ -21.518€ -18.977€ -27.219€ -9.615€ -18.505€ -11.827€ -17.925€ -23.048€ -20.470€ -21.664€ -17.940€ -4.749€ -3.199
Net result€ 93.549€ 66.366€ 64.467€ 50.884€ 50.038€ 58.492€ 25.656€ 65.537€ -39.296€ 35.743€ 50.234€ 43.544€ 42.569€ 33.103€ 14.030€ 12.050
Balance sheet
Total assets€ 1.405.629€ 1.250.625€ 1.234.834€ 1.160.684€ 1.174.867€ 1.253.649€ 1.223.640€ 1.029.107€ 961.242€ 1.070.757€ 800.855€ 575.000€ 593.830€ 595.389€ 613.101€ 631.479
Receivables ≤ 1 year€ 333.724€ 325.863€ 272.333€ 259.244€ 354.257€ 314.067€ 246.528€ 114.727€ 16.936€ 42.992€ 29.116€ 14.525€ 9.561€ 4.400€ 5.711
Cash & equivalents€ 64.034€ 76.227€ 52.703€ 21.954€ 29.637€ 4.832€ 17.166€ 20.723€ 4.524€ 8.996€ 9.732€ 6.454€ 1.836€ 4.039€ 10.168€ 11.749
Equity€ 973.002€ 674.159€ 607.793€ 542.270€ 489.976€ 441.438€ 382.947€ 357.291€ 291.754€ 330.652€ 294.910€ 244.676€ 201.132€ 158.563€ 125.460€ 111.430
Amounts payable€ 570.100€ 620.443€ 610.490€ 675.287€ 802.290€ 830.455€ 661.262€ 669.488€ 740.104€ 505.945€ 327.324€ 380.698€ 428.826€ 483.641€ 520.049
Workforce
Average FTE

HOA portfolio 3 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
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