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πŸ“ Locations Β· 2

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

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

View at NBB β†’
💶
Gross margin Β· 2024
📈
€ 454.941
Net result Β· 2024
▼ 76,1% vs 2023
🏦
€ 8.953.204
Equity Β· 2024
▼ 24% vs 2023
👥
5.0
Avg FTE Β· 2024
▲ 16,3% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€123k
2007
€120k
2008
€112k
2009
€229k
2010
€222k
2011
€221k
2012
€309k
Net result
After tax
2006
€206k
2007
€212k
2008
€139k
2009
€536k
2010
€49k
2011
€32k
2012
€185k
2013
€422k
2014
€368k
2015
€359k
2016
€817k
2017
€738k
2018
€564k
2019
€3,1M
2020
€1,3M
2021
€580k
2022
€1,3M
2023
€1,9M
2024
€455k
Equity
At closing date
2006
€1,4M
2007
€1,6M
2008
€1,8M
2009
€2,3M
2010
€2,4M
2011
€2,4M
2012
€2,6M
2013
€2,1M
2014
€2,5M
2015
€2,8M
2016
€3,6M
2017
€4,4M
2018
€4,9M
2019
€8,1M
2020
€9,4M
2021
€10,0M
2022
€9,9M
2023
€11,8M
2024
€9,0M
Average FTE
Full-time equivalents
2016
0.6
2017
1.0
2018
0.5
2019
1.0
2020
1.0
2021
1.7
2022
3.3
2023
4.3
2024
5.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 309.384€ 221.101€ 221.707€ 229.246€ 111.718€ 119.790€ 122.530
Personnel costs€ -280.694€ -223.669€ -178.164€ -121.178€ -75.681€ -59.730€ -75.373€ -116.097€ -58.404
Depreciation€ -181.650€ -189.021€ -194.210€ -211.131€ -103.089€ -58.540€ -54.809€ -47.849€ -48.315€ -48.315€ -26.834€ -26.834€ -11.602€ -11.602€ -12.291
Operating result€ 523.151€ 1.090.470€ 840.923€ -10.853€ 768.072€ 428.021€ 179.237€ 320.297€ 362.291€ 314.299€ 342.084€ 220.215€ 253.794€ 168.622€ 190.885€ 195.965€ 89.266€ 107.144€ 108.159
Financial income€ 745.898€ 1.002€ 513.312€ 620.370€ 681.529€ 646.077€ 249.914€ 349.938€ 100.024€ 25€ 34€ 499.861€ 95.916€ 164.303€ 164.256
Financial charges€ -23.106€ -25.416€ -90.453€ -106.190€ -123.971€ -145.432€ -154.674€ -99.030€ -122.414€ -120.666€ -117.750€ -129.103€ -27.704€ -37.180€ -45.703
Result before tax€ 1.491.303€ 3.257.217€ 601.499€ 834.598€ 919.867€ 426.650€ 437.325€ 471.123€ 231.403€ 47.981€ 73.169€ 566.723€ 157.478€ 234.267€ 226.712
Income taxes€ -159.756€ -115.877€ -37.518€ -97.024€ -102.872€ -67.622€ -69.534€ -49.484€ -46.678€ -15.898€ -24.034€ -30.639€ -18.607€ -22.746€ -20.805
Net result€ 454.941€ 1.899.771€ 1.312.010€ 580.130€ 1.331.547€ 3.141.340€ 563.981€ 737.574€ 816.995€ 359.028€ 367.791€ 421.639€ 184.726€ 32.083€ 49.134€ 536.084€ 138.871€ 211.520€ 205.907
Balance sheet
Total assets€ 10.095.502€ 13.195.005€ 10.963.358€ 12.402.984€ 10.630.969€ 10.156.778€ 6.549.025€ 6.675.016€ 6.819.108€ 5.683.488€ 5.465.761€ 4.315.055€ 4.478.134€ 4.416.855€ 4.136.162€ 4.243.269€ 3.250.127€ 1.999.075€ 2.156.264
Receivables ≤ 1 year€ 66.831€ 96.346€ 58.578€ 21.288€ 255.616€ 168.100€ 8.112€ 835€ 110.222€ 35.027€ 140.542€ 207.787€ 66.329€ 190.493€ 321.173
Cash & equivalents€ 507.263€ 589.775€ 2.277.412€ 3.929.857€ 2.663.350€ 3.086.345€ 173.482€ 345.857€ 175.717€ 424.205€ 86.348€ 68.595€ 76.733€ 47.285€ 42.380€ 76.819€ 18.531€ 17.459€ 32.365
Equity€ 8.953.204€ 11.779.969€ 9.880.198€ 9.987.711€ 9.407.581€ 8.076.034€ 4.933.258€ 4.369.277€ 3.631.703€ 2.814.707€ 2.455.679€ 2.087.889€ 2.581.974€ 2.397.248€ 2.365.165€ 2.316.031€ 1.779.947€ 1.641.076€ 1.429.555
Amounts payable€ 1.223.388€ 2.080.744€ 1.615.768€ 2.305.739€ 3.187.405€ 2.868.780€ 3.010.082€ 2.227.166€ 1.896.160€ 2.019.607€ 1.770.997€ 1.927.239€ 1.470.180€ 357.999€ 726.708
Workforce
Average FTE5.04.33.31.71.01.00.51.00.6
Attachments
πŸ“„ AccountantsReportPDF-989ff813.pdf (157 KB)πŸ“„ ManagementReportPDF-0f9bab1d.pdf (96 KB)πŸ“„ AccountantsReportPDF-8ab75e94.pdf (710 KB)πŸ“„ ManagementReportPDF-55315836.pdf (89 KB)πŸ“„ AccountantsReportPDF-59a7e3c7.pdf (351 KB)πŸ“„ ManagementReportPDF-ebc1ce2b.pdf (72 KB)πŸ“„ AccountantsReportPDF-49163d4f.pdf (117 KB)πŸ“„ ManagementReportPDF-e39eb569.pdf (75 KB)πŸ“„ AccountantsReportPDF-5aac4926.pdf (518 KB)πŸ“„ ManagementReportPDF-75f19cd3.pdf (11 KB)πŸ“„ ManagementReportPDF-88fee183.pdf (112 KB)πŸ“„ AccountantsReportPDF-ec3b196d.pdf (1,3 MB)πŸ“„ ManagementReportPDF-ce65e500.pdf (91 KB)πŸ“„ AccountantsReportPDF-102c11e9.pdf (134 KB)πŸ“„ ManagementReportPDF-5b43e1bf.pdf (93 KB)πŸ“„ AccountantsReportPDF-9535f296.pdf (254 KB)πŸ“„ bsb1-eff4749a.pdf (96 KB)πŸ“„ bsb1-6fb2e89c.pdf (450 KB)πŸ“„ bsb1-f40096b3.pdf (90 KB)πŸ“„ bsb1-76c680c0.pdf (261 KB)πŸ“„ bsb1-16270730.pdf (97 KB)πŸ“„ bsb1-243ebdd3.pdf (233 KB)πŸ“„ bsb1-4ba6e8ba.pdf (74 KB)πŸ“„ bsb1-96859e3e.pdf (893 KB)πŸ“„ bsb1-99b86178.pdf (316 KB)

HOA portfolio 2 HOAs

VME Address Municipality Region
Wallonia
Wallonia
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