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213
Total HOAs
1
Regions
29
Municipalities
Flanders 213 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 936.510
Gross margin · 2025
▲ 10,5% vs 2024
📈
€ 411.158
Net result · 2025
▲ 13,5% vs 2024
🏦
€ 1.260.867
Equity · 2025
▼ 6,2% vs 2024
👥
4.3
Avg FTE · 2025
▼ 10,4% vs 2024
Revenue (gross margin)
Year-on-year evolution
2007
€171k
2008
€102k
2009
€85k
2010
€77k
2011
€92k
2012
€-159k
2013
€123k
2014
€90k
2015
€230k
2016
€313k
2017
€264k
2018
€347k
2019
€331k
2020
€366k
2021
€464k
2022
€500k
2023
€793k
2024
€847k
2025
€937k
Net result
After tax
2007
€64k
2008
€36k
2009
€31k
2010
€27k
2011
€40k
2012
€135k
2013
€51k
2014
€34k
2015
€5k
2016
€2k
2017
€4k
2018
€35k
2019
€45k
2020
€71k
2021
€179k
2022
€199k
2023
€277k
2024
€362k
2025
€411k
Equity
At closing date
2007
€389k
2008
€425k
2009
€455k
2010
€482k
2011
€522k
2012
€657k
2013
€708k
2014
€685k
2015
€690k
2016
€692k
2017
€696k
2018
€732k
2019
€776k
2020
€847k
2021
€506k
2022
€705k
2023
€982k
2024
€1,3M
2025
€1,3M
Average FTE
Full-time equivalents
2007
0.7
2008
1.0
2009
1.0
2010
0.3
2011
0.1
2013
0.5
2014
0.5
2015
3.9
2016
2.6
2017
2.8
2018
3.8
2019
3.3
2020
4.6
2021
4.0
2023
5.1
2024
4.8
2025
4.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Sept 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 936.510€ 847.385€ 792.566€ 499.906€ 463.507€ 365.648€ 330.826€ 347.307€ 263.547€ 312.998€ 229.828€ 89.853€ 122.528€ -159.142€ 91.533€ 76.573€ 85.189€ 102.058€ 170.622
Personnel costs€ -235.139€ -216.561€ -214.490€ -150.274€ -156.574€ -172.788€ -103.790€ -177.462€ -126.506€ -98.606€ -60.003€ -20.986€ -13.763€ -5.801€ -8.202€ -14.181€ -30.394€ -27.581€ -24.564
Depreciation€ -47.097€ -55.818€ -62.698€ -86.020€ -104.027€ -116.817€ -110.332€ -18.338€ -47.576€ -15.590€ -15.938€ -15.373€ -12.174€ -12.489€ -18.435
Operating result€ 629.467€ 551.285€ 462.027€ 250.346€ 238.460€ 115.109€ 147.789€ 57.754€ 11.505€ 65.725€ 1.261€ 34.927€ 51.998€ -191.773€ 52.925€ 35.325€ 33.508€ 37.202€ 111.884
Financial income€ 31.441€ 5.505€ 6.565€ 60€ 188€ 4.266€ 9.932€ 13.504€ 18.558€ 4.896€ 2.469€ 2.009€ 10.106€ 6.973€ 1.642
Financial charges€ -15.304€ -2.263€ -69.313€ -2.921€ -3.625€ -65.828€ -5.497€ -5.862€ -5.518€ -43.114€ -6.600€ -7.730€ -7.865€ -8.424€ -19.045
Result before tax€ 254.164€ 118.351€ 72.838€ 54.894€ 8.068€ 4.162€ 5.696€ 48.136€ 64.588€ 201.004€ 48.794€ 29.604€ 35.749€ 43.862€ 91.205
Income taxes€ -75.042€ -47.093€ -28.149€ -19.765€ -4.093€ -2.092€ -613€ -14.244€ -13.296€ -65.552€ -8.973€ -3.079€ -5.113€ -8.050€ -26.833
Net result€ 411.158€ 362.385€ 276.640€ 199.278€ 179.122€ 71.258€ 44.689€ 35.128€ 3.975€ 2.070€ 5.083€ 33.891€ 51.293€ 135.452€ 39.821€ 26.525€ 30.636€ 35.812€ 64.372
Balance sheet
Total assets€ 2.725.854€ 2.592.229€ 2.836.610€ 4.163.863€ 2.680.410€ 967.559€ 886.365€ 932.583€ 837.071€ 892.725€ 985.375€ 937.760€ 944.499€ 1.130.644€ 798.384€ 763.419€ 755.288€ 747.904€ 688.333
Receivables ≤ 1 year€ 1.692.148€ 128.805€ 314.618€ 128.497€ 80.072€ 139.130€ 81.062€ 29.711€ 28.664€ 24.667€ 266.071€ 365.298€ 280.508€ 273.969€ 278.205
Cash & equivalents€ 13.079€ 18.697€ 334.111€ 15.522€ 637.193€ 478.540€ 165.202€ 322.593€ 207.499€ 124.795€ 196.510€ 730.860€ 731.373€ 877.354€ 286.151€ 82.043€ 80.246€ 7.178€ 138.866
Equity€ 1.260.867€ 1.343.971€ 981.585€ 704.945€ 505.667€ 847.451€ 776.192€ 731.503€ 696.375€ 692.401€ 690.331€ 685.248€ 708.335€ 657.042€ 521.590€ 481.769€ 455.244€ 424.608€ 388.796
Amounts payable€ 2.174.743€ 120.109€ 110.172€ 201.080€ 140.696€ 200.325€ 295.045€ 224.513€ 208.165€ 445.602€ 248.794€ 253.650€ 272.044€ 295.296€ 271.537
Workforce
Average FTE4.34.85.14.04.63.33.82.82.63.90.50.50.10.31.01.00.7

HOA portfolio 213 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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