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📍 Locations · 2

4000 LiègeHQWallonia
Rue Vivegnis 197, 4000 Liège
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1
Total HOAs
1
Regions
1
Municipalities
Flanders 0 Brussels 0 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2025). Amounts in euros.

View at NBB →
💶
€ 48.567
Gross margin · 2025
▼ 12,2% vs 2024
📈
€ -1.175
Net result · 2025
▼ 425,5% vs 2024
🏦
€ 40.081
Equity · 2025
▼ 2,8% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€23k
2012
€8k
2013
€70k
2015
€118k
2016
€146k
2017
€114k
2018
€234k
2019
€127k
2020
€107k
2021
€93k
2022
€100k
2023
€65k
2024
€55k
2025
€49k
Net result
After tax
2011
€18k
2012
€5k
2013
€48k
2015
€64k
2016
€78k
2017
€40k
2018
€40k
2019
€-114k
2020
€-15k
2021
€38k
2022
€36k
2023
€12k
2024
€361
2025
€-1k
Equity
At closing date
2011
€36k
2012
€41k
2013
€65k
2015
€132k
2016
€174k
2017
€178k
2018
€182k
2019
€68k
2020
€25k
2021
€33k
2022
€39k
2023
€41k
2024
€41k
2025
€40k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 26 Sept 2025
Line item20252024202320222021202020192018201720162015201320122011
Income statement
Gross operating margin€ 48.567€ 55.290€ 64.695€ 99.740€ 93.303€ 106.708€ 127.410€ 234.039€ 113.697€ 145.929€ 117.635€ 69.619€ 7.949€ 23.196
Personnel costs
Depreciation€ -29.492€ -57.528€ -59.309€ -123.412€ -60.890€ -49.236€ -28.455€ -7.111€ -278€ -278
Operating result€ 1.187€ 7.832€ 21.102€ 49.805€ 57.041€ -4.046€ 64.883€ 106.249€ 50.332€ 92.633€ 77.639€ 59.332€ 7.103€ 22.555
Financial income€ 5.889€ 1.709€ 744€ 574€ 122
Financial charges€ -4.832€ -5.060€ -2.101€ -9.011€ -7.101€ -1.219€ -1.745€ -47€ -3€ -25
Result before tax€ 52.209€ -9.106€ -92.198€ 67.238€ 44.116€ 98.554€ 78.564€ 60.029€ 7.737€ 22.652
Income taxes€ -14.318€ -5.500€ -22.200€ -27.000€ -4.001€ -21.000€ -14.511€ -12.156€ -2.586€ -5.018
Net result€ -1.175€ 361€ 12.066€ 35.880€ 37.891€ -14.606€ -114.398€ 40.238€ 40.115€ 77.554€ 64.053€ 47.873€ 5.151€ 17.634
Balance sheet
Total assets€ 323.732€ 331.394€ 371.540€ 382.714€ 392.854€ 440.320€ 568.234€ 823.600€ 1.249.469€ 1.005.778€ 612.470€ 122.375€ 60.255€ 52.170
Receivables ≤ 1 year€ 48.745€ 16.065€ 61.758€ 22.000€ 35.491€ 24.111€ 17.607€ 11.026
Cash & equivalents€ 69.737€ 36.834€ 38.324€ 26.968€ 35.237€ 6.445€ 6.977€ 5.842€ 12.899€ 2.680€ 7.669€ 1.908€ 3.557
Equity€ 40.081€ 41.256€ 40.895€ 38.829€ 32.949€ 25.058€ 67.664€ 182.062€ 177.824€ 173.709€ 132.155€ 65.258€ 41.385€ 36.234
Amounts payable€ 359.905€ 415.262€ 500.570€ 641.538€ 1.071.645€ 832.069€ 480.315€ 57.117€ 18.870€ 15.936
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Wallonia
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