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15
Total HOAs
1
Regions
8
Municipalities
Flanders 0 Brussels 15 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2014–2025). Amounts in euros.

View at NBB →
💶
€ 7.597
Gross margin · 2025
▲ 1087,8% vs 2024
📈
€ 2.130
Net result · 2025
▲ 118,2% vs 2024
🏦
€ -17.967
Equity · 2025
▲ 10,6% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2014
€11k
2015
€-5k
2016
€10k
2017
€-2k
2018
€6k
2019
€-706
2020
€668
2021
€1k
2022
€-5k
2023
€-2k
2024
€-769
2025
€8k
Net result
After tax
2014
€2k
2015
€-7k
2016
€248
2017
€-2k
2018
€5k
2019
€-856
2020
€959
2021
€873
2022
€-6k
2023
€-7k
2024
€-12k
2025
€2k
Equity
At closing date
2014
€8k
2015
€389
2016
€637
2017
€-2k
2018
€3k
2019
€2k
2020
€3k
2021
€4k
2022
€-1k
2023
€-8k
2024
€-20k
2025
€-18k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 11 Dec 2025
Line item202520242023202220212020201920182017201620152014
Income statement
Gross operating margin€ 7.597€ -769€ -1.872€ -5.253€ 1.246€ 668€ -706€ 6.133€ -2.259€ 9.912€ -4.823€ 10.773
Personnel costs
Depreciation
Operating result€ 2.350€ -11.527€ -6.768€ -5.544€ 1.246€ 668€ -706€ 5.734€ -2.259€ 4.865€ -5.271€ 3.273
Financial income€ 4€ 635€ 0€ 0
Financial charges€ -139€ -238€ -151€ -228€ -134€ -676€ -153€ -135
Result before tax€ 1.110€ 1.064€ -856€ 5.505€ -2.392€ 4.189€ -4.277€ 3.139
Income taxes€ -237€ -105€ -424€ -3.941€ -3.172€ -1.500
Net result€ 2.130€ -11.724€ -6.945€ -5.728€ 873€ 959€ -856€ 5.081€ -2.392€ 248€ -7.450€ 1.639
Balance sheet
Total assets€ 15.294€ 10.216€ 14.803€ 15.029€ 7.444€ 4.495€ 3.786€ 4.706€ 9.750€ 11.633€ 23.690€ 33.353
Receivables ≤ 1 year€ 6.588€ 1.210€ 498€ 413€ 3.178€ 7.205€ 17.538€ 31.032
Cash & equivalents€ 12.529€ 4.115€ 3.302€ 820€ 855€ 3.285€ 3.288€ 4.293€ 6.572€ 4.428€ 6.151€ 1.817
Equity€ -17.967€ -20.097€ -8.372€ -1.427€ 4.301€ 3.428€ 2.469€ 3.325€ -1.756€ 637€ 389€ 7.839
Amounts payable€ 3.143€ 1.067€ 1.317€ 1.381€ 11.506€ 10.996€ 23.301€ 25.515
Workforce
Average FTE

HOA portfolio 15 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
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