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

Source: NBB annual accounts (2009–2024). Amounts in euros.

View at NBB →
💶
€ 1.163.777
Gross margin · 2024
▲ 29,1% vs 2023
📈
€ 1.243
Net result · 2024
▲ 100,6% vs 2023
🏦
€ 536.378
Equity · 2024
▲ 0,2% vs 2023
👥
11.1
Avg FTE · 2024
▼ 30,6% vs 2023
Revenue (gross margin)
Year-on-year evolution
2009
€335k
2010
€171k
2011
€162k
2012
€124k
2013
€56k
2014
€97k
2015
€85k
2016
€72k
2017
€61k
2018
€49k
2019
€870k
2020
€1,0M
2021
€1,2M
2022
€1,2M
2023
€902k
2024
€1,2M
Net result
After tax
2009
€83k
2010
€2k
2011
€88
2012
€9k
2013
€-48k
2014
€5k
2015
€8k
2016
€7k
2017
€11k
2018
€15k
2019
€-145k
2020
€-26k
2021
€96k
2022
€112k
2023
€-222k
2024
€1k
Equity
At closing date
2009
€683k
2010
€685k
2011
€786k
2012
€795k
2013
€747k
2014
€677k
2015
€685k
2016
€692k
2017
€704k
2018
€719k
2019
€574k
2020
€549k
2021
€645k
2022
€757k
2023
€535k
2024
€536k
Average FTE
Full-time equivalents
2019
5.3
2020
9.8
2021
12.3
2022
15.5
2023
16.0
2024
11.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 26 Sept 2025
Line item2024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross operating margin€ 1.163.777€ 901.736€ 1.235.754€ 1.158.515€ 1.013.472€ 870.122€ 48.695€ 61.285€ 72.173€ 85.125€ 97.248€ 55.742€ 123.725€ 161.515€ 171.180€ 334.968
Personnel costs€ -615.666€ -625.063€ -486.717€ -469.086€ -422.885€ -418.637
Depreciation€ -399.551€ -387.718€ -29.499€ -29.499€ -31.455
Operating result€ 166.221€ -103.993€ 308.921€ 288.107€ 187.584€ 11.481€ 48.504€ 61.097€ 71.934€ 84.880€ 97.004€ 55.620€ 122.604€ 129.831€ 136.981€ 298.533
Financial income€ 124€ 2.883€ 7€ 13€ 12€ 183€ 5€ 5€ 8€ 8.046€ 16.510€ 17.083
Financial charges€ -140.060€ -122.534€ -33.232€ -49.612€ -64.857€ -82.320€ -91.441€ -102.487€ -116.796€ -131.128€ -141.377€ -174.852
Result before tax€ 47.647€ -108.170€ 15.278€ 11.498€ 7.088€ 7.993€ 5.569€ -46.863€ 14.275€ 6.748€ 12.114€ 140.764
Income taxes€ -73.291€ -36.556€ -2€ -696€ -943€ -4.810€ -6.660€ -10.060€ -57.410
Net result€ 1.243€ -221.507€ 111.859€ 96.072€ -25.644€ -144.726€ 15.276€ 11.498€ 7.088€ 7.993€ 4.873€ -47.806€ 9.465€ 88€ 2.054€ 83.354
Balance sheet
Total assets€ 3.984.553€ 4.158.894€ 4.480.419€ 4.761.347€ 5.137.263€ 5.141.669€ 3.016.378€ 3.044.079€ 3.090.274€ 3.047.631€ 3.044.276€ 3.018.402€ 3.064.782€ 3.264.918€ 3.517.818€ 3.760.192
Receivables ≤ 1 year€ 1.369.891€ 1.327.094€ 47.500€ 18.408€ 18.402€ 18.401€ 36.400€ 179.572€ 402.683€ 663.966
Cash & equivalents€ 86.918€ 113.215€ 145.706€ 160.966€ 305.739€ 79.557€ 678€ 28.380€ 27.075€ 29.149€ 25.799€ 1€ 26.293€ 26.215€ 26.279€ 26.383
Equity€ 536.378€ 535.136€ 756.643€ 644.784€ 548.712€ 574.355€ 719.081€ 703.806€ 692.308€ 685.220€ 677.227€ 747.354€ 795.160€ 785.695€ 685.408€ 683.354
Amounts payable€ 4.588.551€ 4.567.314€ 2.297.296€ 2.340.273€ 2.397.966€ 2.362.411€ 2.367.049€ 2.271.047€ 2.269.622€ 2.479.222€ 2.832.410€ 3.076.838
Workforce
Average FTE11.116.015.512.39.85.3

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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