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188
Total HOAs
1
Regions
23
Municipalities
Flanders 188 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2024). Amounts in euros.

View at NBB →
💶
€ 653.378
Gross margin · 2024
▲ 20,1% vs 2023
📈
€ 51.291
Net result · 2024
▲ 342,6% vs 2023
🏦
€ 297.049
Equity · 2024
▲ 20,9% vs 2023
👥
8.3
Avg FTE · 2024
▲ 12,2% vs 2023
Revenue (gross margin)
Year-on-year evolution
2011
€14k
2012
€26k
2013
€41k
2014
€61k
2015
€84k
2016
€105k
2017
€133k
2018
€154k
2019
€278k
2020
€275k
2021
€283k
2022
€370k
2023
€544k
2024
€653k
Net result
After tax
2011
€2k
2012
€3k
2013
€3k
2014
€3k
2015
€-47
2016
€335
2017
€18k
2018
€29k
2019
€102k
2020
€57k
2021
€39k
2022
€73k
2023
€12k
2024
€51k
Equity
At closing date
2011
€8k
2012
€11k
2013
€14k
2014
€17k
2015
€17k
2016
€17k
2017
€32k
2018
€57k
2019
€154k
2020
€207k
2021
€246k
2022
€250k
2023
€246k
2024
€297k
Average FTE
Full-time equivalents
2012
0.2
2013
0.6
2014
1.2
2015
1.5
2016
1.7
2017
0.7
2018
1.9
2019
2.0
2020
3.3
2022
4.3
2023
7.4
2024
8.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2025
Line item20242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 653.378€ 544.178€ 369.821€ 283.264€ 275.032€ 278.345€ 153.857€ 133.478€ 104.595€ 84.274€ 61.046€ 41.473€ 25.871€ 13.841
Personnel costs€ -480.527€ -432.624€ -241.968€ -198.196€ -163.030€ -107.364€ -87.430€ -82.680€ -78.736€ -65.951€ -40.715€ -23.423€ -7.342
Depreciation€ -22.581€ -20.568€ -19.297€ -14.289€ -15.422€ -8.815€ -8.668€ -5.994€ -7.992€ -6.479
Operating result€ 102.252€ 30.831€ 105.762€ 62.760€ 86.186€ 146.777€ 45.126€ 34.614€ 8.551€ 7.459€ 10.048€ 10.174€ 8.988€ 5.396
Financial income€ 4€ 0€ 0€ 248€ 125€ 1€ 5€ 54€ 11
Financial charges€ -3.709€ -3.148€ -3.439€ -2.764€ -3.769€ -3.289€ -3.065€ -3.346€ -2.638€ -1.993
Result before tax€ 82.482€ 143.629€ 41.687€ 32.098€ 4.907€ 4.502€ 6.988€ 6.882€ 6.361€ 3.403
Income taxes€ -25.774€ -35.392€ -13.166€ -13.790€ -4.572€ -4.550€ -4.405€ -3.791€ -3.013€ -1.638
Net result€ 51.291€ 11.589€ 72.646€ 39.033€ 57.263€ 102.109€ 28.521€ 18.308€ 335€ -47€ 2.583€ 3.091€ 3.347€ 1.766
Balance sheet
Total assets€ 931.143€ 720.550€ 404.293€ 325.977€ 302.488€ 274.418€ 160.407€ 134.356€ 127.919€ 61.140€ 75.825€ 64.519€ 63.416€ 70.002
Receivables ≤ 1 year€ 73.843€ 71.639€ 49.570€ 23.671€ 11.898€ 13.627€ 31.031€ 17.415€ 2.169€ 10.135
Cash & equivalents€ 130.423€ 99.131€ 157.046€ 118.864€ 89.269€ 8.586€ 5.318€ 3.485€ 3.739€ 1.556€ 9.501€ 1.899
Equity€ 297.049€ 245.758€ 249.727€ 246.008€ 206.975€ 154.212€ 57.103€ 31.582€ 17.275€ 16.940€ 16.987€ 14.404€ 11.313€ 7.966
Amounts payable€ 89.940€ 114.078€ 103.304€ 102.774€ 110.644€ 44.201€ 58.838€ 50.116€ 52.103€ 62.037
Workforce
Average FTE8.37.44.33.32.01.90.71.71.51.20.60.2

HOA portfolio 188 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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