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📍 Locations · 2

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

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

View at NBB →
💶
€ 1.656.396
Gross margin · 2024
▼ 6,7% vs 2023
📈
€ 984.327
Net result · 2024
▼ 3,8% vs 2023
🏦
€ 5.374.355
Equity · 2024
▲ 22,4% vs 2023
👥
3.1
Avg FTE · 2024
▲ 29,2% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€470k
2008
€529k
2009
€711k
2010
€492k
2011
€516k
2012
€634k
2013
€569k
2014
€725k
2015
€785k
2016
€775k
2017
€894k
2018
€937k
2019
€976k
2020
€833k
2021
€952k
2022
€1,3M
2023
€1,8M
2024
€1,7M
Net result
After tax
2006
€183k
2008
€272k
2009
€347k
2010
€178k
2011
€125k
2012
€303k
2013
€134k
2014
€147k
2015
€152k
2016
€172k
2017
€244k
2018
€345k
2019
€325k
2020
€307k
2021
€586k
2022
€617k
2023
€1,0M
2024
€984k
Equity
At closing date
2006
€825k
2008
€1,3M
2009
€1,7M
2010
€1,9M
2011
€2,0M
2012
€2,3M
2013
€2,2M
2014
€2,4M
2015
€2,5M
2016
€2,7M
2017
€3,0M
2018
€1,6M
2019
€2,2M
2020
€2,3M
2021
€2,7M
2022
€3,4M
2023
€4,4M
2024
€5,4M
Average FTE
Full-time equivalents
2006
3.0
2008
2.7
2009
2.7
2010
3.2
2011
4.0
2012
4.3
2013
3.4
2014
2.6
2015
2.5
2016
2.7
2017
2.8
2018
2.0
2019
2.7
2020
3.9
2021
3.0
2022
2.6
2023
2.4
2024
3.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2025
Line item202420232022202120202019201820172016201520142013201220112010200920082006
Income statement
Gross operating margin€ 1.656.396€ 1.774.689€ 1.301.769€ 951.654€ 833.440€ 976.208€ 936.558€ 893.505€ 774.938€ 785.191€ 724.795€ 569.181€ 633.937€ 516.401€ 492.008€ 710.717€ 529.147€ 470.267
Personnel costs€ -128.439€ -117.756€ -114.696€ -127.878€ -151.155€ -103.065€ -86.127€ -118.721€ -100.276€ -108.582€ -131.550€ -117.747€ -108.538€ -134.985€ -108.082€ -91.922€ -145.523€ -75.794
Depreciation€ -234.283€ -309.776€ -265.205€ -251.393€ -279.009€ -232.269€ -265.931€ -282.998€ -161.334€ -167.192€ -149.433€ -116.722€ -162.887€ -115.036
Operating result€ 1.351.204€ 1.465.617€ 975.333€ 607.754€ 393.220€ 508.101€ 529.947€ 402.609€ 262.710€ 221.255€ 195.328€ 164.168€ 358.954€ 200.736€ 232.843€ 499.025€ 219.654€ 278.357
Financial income€ 1€ 4€ 4€ 4€ 4€ 27€ 38€ 87€ 825€ 1.300€ 410€ 743€ 16.269€ 5.865
Financial charges€ -5.626€ -15.139€ -6.778€ -4.566€ -916€ -1.071€ -1.226€ -1.106€ -36.726€ -14.751€ -4.549€ -10.171€ -16.652€ -17.750
Result before tax€ 387.594€ 492.967€ 523.173€ 398.047€ 261.798€ 221.237€ 204.468€ 164.257€ 422.739€ 172.222€ 228.705€ 490.392€ 335.939€ 266.594
Income taxes€ -94.982€ -184.965€ -178.083€ -154.388€ -89.534€ -69.367€ -57.304€ -29.807€ -119.727€ -47.105€ -51.062€ -142.926€ -63.745€ -83.928
Net result€ 984.327€ 1.023.049€ 617.494€ 586.172€ 306.939€ 325.018€ 345.090€ 243.659€ 172.264€ 151.871€ 147.164€ 134.451€ 303.012€ 125.117€ 177.643€ 347.466€ 272.194€ 182.666
Balance sheet
Total assets€ 5.619.351€ 4.662.942€ 3.922.273€ 3.259.102€ 3.232.979€ 2.913.563€ 2.366.841€ 3.749.307€ 3.359.701€ 2.960.640€ 2.590.440€ 2.307.367€ 2.578.285€ 2.241.503€ 2.381.853€ 2.116.610€ 1.831.480€ 1.408.303
Receivables ≤ 1 year€ 72.309€ 71.287€ 84.017€ 93.401€ 74.745€ 102.260€ 102.645€ 145.735€ 131.363€ 143.057€ 126.794€ 102.743€ 107.218€ 81.890
Cash & equivalents€ 586.042€ 890.872€ 2.460.425€ 2.015.416€ 2.165.413€ 1.633.740€ 872.355€ 2.196.288€ 1.673.327€ 1.293.787€ 708.811€ 262.147€ 823.371€ 374.004€ 609.434€ 600.182€ 225.426€ 515.685
Equity€ 5.374.355€ 4.390.028€ 3.366.979€ 2.749.485€ 2.344.662€ 2.189.594€ 1.625.284€ 2.958.194€ 2.714.535€ 2.542.271€ 2.390.401€ 2.243.237€ 2.295.231€ 1.992.219€ 1.867.102€ 1.689.459€ 1.341.993€ 825.358
Amounts payable€ 821.921€ 643.246€ 741.557€ 791.112€ 645.165€ 418.368€ 200.039€ 64.130€ 283.054€ 249.284€ 514.752€ 427.151€ 489.487€ 582.945
Workforce
Average FTE3.12.42.63.03.92.72.02.82.72.52.63.44.34.03.22.72.73.0

HOA portfolio 2 HOAs

VME Address Municipality Region
Wallonia
Wallonia
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