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📍 Locations · 2

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22
Total HOAs
3
Regions
11
Municipalities
Flanders 1 Brussels 20 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 78.285
Gross margin · 2025
▲ 15,1% vs 2024
📈
€ 43.112
Net result · 2025
▲ 15,6% vs 2024
🏦
€ 294.133
Equity · 2025
▼ 11,5% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€54k
2007
€34k
2008
€42k
2009
€32k
2010
€2k
2011
€23k
2012
€56k
2013
€57k
2014
€76k
2015
€115k
2016
€126k
2017
€136k
2018
€172k
2019
€122k
2020
€137k
2021
€128k
2022
€110k
2023
€89k
2024
€68k
2025
€78k
Net result
After tax
2006
€23k
2007
€14k
2008
€19k
2009
€9k
2010
€10k
2011
€2k
2012
€19k
2013
€8k
2014
€17k
2015
€47k
2016
€50k
2017
€59k
2018
€84k
2019
€70k
2020
€82k
2021
€79k
2022
€69k
2023
€57k
2024
€37k
2025
€43k
Equity
At closing date
2006
€60k
2007
€54k
2008
€22k
2009
€11k
2010
€8k
2011
€11k
2012
€9k
2013
€17k
2014
€9k
2015
€40k
2016
€90k
2017
€149k
2018
€233k
2019
€303k
2020
€384k
2021
€382k
2022
€393k
2023
€365k
2024
€333k
2025
€294k
Average FTE
Full-time equivalents
2006
0.6
2020
0.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 15 earlier yearsApproved 30 Jan 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 78.285€ 68.021€ 89.059€ 110.461€ 127.904
Personnel costs€ -4.927€ -4.308€ -4.400€ -3.795€ -3.748
Depreciation€ -12.334
Operating result€ 56.494€ 47.439€ 74.424€ 93.886€ 106.189
Financial income€ 11.990
Financial charges€ -1.835
Result before tax€ 116.344
Income taxes€ -37.579
Net result€ 43.112€ 37.296€ 56.641€ 69.349€ 78.765
Balance sheet
Total assets€ 407.141€ 444.156€ 518.088€ 484.230€ 491.248
Receivables ≤ 1 year€ 446.534
Cash & equivalents€ 38.216€ 14.827€ 45.475€ 31.349€ 31.998
Equity€ 294.133€ 332.521€ 365.125€ 392.584€ 381.734
Amounts payable€ 109.514
Workforce
Average FTE

HOA portfolio 22 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Flanders
Wallonia
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