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📍 Locations · 1

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

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

View at NBB →
💶
€ 416.852
Gross margin · 2025
▲ 3,4% vs 2024
📈
€ 66.769
Net result · 2025
▲ 16% vs 2024
🏦
€ 612.250
Equity · 2025
▲ 26,4% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€123k
2007
€138k
2008
€141k
2009
€81k
2010
€170k
2011
€178k
2012
€195k
2013
€199k
2014
€200k
2015
€199k
2016
€210k
2017
€211k
2018
€195k
2019
€235k
2020
€338k
2021
€367k
2022
€369k
2023
€370k
2024
€403k
2025
€417k
Net result
After tax
2006
€64k
2007
€75k
2008
€68k
2009
€-5k
2010
€60k
2011
€54k
2012
€69k
2013
€75k
2014
€78k
2015
€74k
2016
€88k
2017
€88k
2018
€88k
2019
€82k
2020
€138k
2021
€124k
2022
€107k
2023
€-582k
2024
€58k
2025
€67k
Equity
At closing date
2006
€556k
2007
€631k
2008
€699k
2009
€129k
2010
€189k
2011
€243k
2012
€312k
2013
€365k
2014
€443k
2015
€517k
2016
€606k
2017
€693k
2018
€546k
2019
€640k
2020
€778k
2021
€902k
2022
€1,0M
2023
€427k
2024
€484k
2025
€612k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 29 May 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 416.852€ 403.074€ 369.834€ 369.125€ 366.575€ 338.381€ 235.195€ 195.017€ 210.938€ 209.666€ 198.626€ 199.799€ 199.421€ 195.152€ 178.179€ 170.019€ 81.131€ 140.601€ 138.087€ 123.030
Personnel costs
Depreciation€ -150.118€ -125.090€ -42.302€ -46.677€ -41.777€ -49.402€ -40.862€ -40.862€ -40.862€ -42.702€ -46.847€ -39.397€ -29.197€ -29.678€ -28.954
Operating result€ 166.752€ 167.013€ -514.647€ 184.282€ 189.717€ 171.674€ 101.994€ 144.768€ 156.633€ 160.210€ 142.563€ 152.380€ 152.089€ 148.002€ 131.234€ 121.474€ 40.113€ 111.405€ 108.321€ 93.897
Financial income€ 14€ 8€ 16€ 92€ 130€ 442€ 159€ 310€ 720€ 762€ 606€ 745€ 1.799
Financial charges€ -33.814€ -20.034€ -20.051€ -25.442€ -30.222€ -34.515€ -39.282€ -43.115€ -47.476€ -51.774€ -56.081€ -45.388€ -20.865€ -25.143€ -31.863
Result before tax€ 137.860€ 81.974€ 124.716€ 131.199€ 130.004€ 108.141€ 113.228€ 109.416€ 100.684€ 79.770€ 68.381€ -4.513€ 91.146€ 83.923€ 63.833
Income taxes€ -36.908€ -43.413€ -41.717€ -33.912€ -34.965€ -34.098€ -31.667€ -25.484€ -8.614€ -22.992€ -8.830
Net result€ 66.769€ 57.576€ -582.464€ 106.915€ 124.435€ 137.860€ 81.974€ 87.809€ 87.786€ 88.287€ 74.228€ 78.264€ 75.318€ 69.018€ 54.286€ 59.766€ -4.513€ 68.153€ 75.093€ 63.833
Balance sheet
Total assets€ 3.870.494€ 4.010.640€ 3.695.502€ 2.617.228€ 2.739.299€ 2.760.097€ 2.403.005€ 1.209.790€ 1.279.790€ 1.288.607€ 1.322.183€ 1.311.761€ 1.333.106€ 1.391.189€ 1.434.359€ 1.453.259€ 1.446.127€ 1.113.070€ 1.140.762€ 1.111.992
Receivables ≤ 1 year€ 5.808€ 42.266€ 1.092€ 114€ 114€ 1.244€ 270
Cash & equivalents€ 44.868€ 95.869€ 18.484€ 152.491€ 164.334€ 125.642€ 46.079€ 11.171€ 39.961€ 41.505€ 33.303€ 39.883€ 3.594€ 20.994€ 7.521€ 21.043€ 8.393€ 52.382€ 50.148€ 1.556
Equity€ 612.250€ 484.217€ 426.641€ 1.009.105€ 902.190€ 777.755€ 639.895€ 545.521€ 693.298€ 605.512€ 517.225€ 442.997€ 364.733€ 312.349€ 243.331€ 189.045€ 129.278€ 698.792€ 630.638€ 555.545
Amounts payable€ 1.982.342€ 1.763.110€ 664.269€ 586.492€ 683.095€ 804.958€ 868.764€ 968.373€ 1.078.840€ 1.191.029€ 1.264.215€ 1.316.849€ 414.278€ 510.124€ 556.447
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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