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📍 Locations · 1

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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 (2007–2024). Amounts in euros.

View at NBB →
💶
€ 587.512
Gross margin · 2024
▲ 42,2% vs 2023
📈
€ 91.102
Net result · 2024
▲ 84,4% vs 2023
🏦
€ 378.164
Equity · 2024
▲ 7,3% vs 2023
👥
2.9
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2007
€100k
2008
€117k
2009
€149k
2010
€170k
2011
€130k
2012
€117k
2013
€125k
2014
€138k
2015
€132k
2016
€169k
2017
€194k
2018
€232k
2019
€278k
2020
€252k
2021
€375k
2022
€363k
2023
€413k
2024
€588k
Net result
After tax
2007
€8k
2008
€-4k
2009
€-4k
2010
€3k
2011
€8k
2012
€-5k
2013
€-2k
2014
€-3k
2015
€469
2016
€43k
2017
€56k
2018
€22k
2019
€66k
2020
€30k
2021
€124k
2022
€51k
2023
€49k
2024
€91k
Equity
At closing date
2007
€21k
2008
€17k
2009
€13k
2010
€16k
2011
€24k
2012
€19k
2013
€17k
2014
€14k
2015
€15k
2016
€22k
2017
€42k
2018
€64k
2019
€130k
2020
€168k
2021
€293k
2022
€345k
2023
€353k
2024
€378k
Average FTE
Full-time equivalents
2007
2.3
2008
2.7
2009
3.5
2010
3.5
2011
2.8
2012
2.6
2013
2.6
2014
3.0
2015
2.8
2016
2.5
2017
2.4
2018
2.4
2019
2.4
2020
2.5
2024
2.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 10 May 2025
Line item202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 587.512€ 413.190€ 362.686€ 375.122€ 251.539€ 278.480€ 231.802€ 194.419€ 168.973€ 131.825€ 138.255€ 124.878€ 116.928€ 129.890€ 170.312€ 149.433€ 116.825€ 99.707
Personnel costs€ -178.131€ -140.161€ -124.977€ -120.965€ -124.217€ -120.100€ -117.015€ -110.662€ -110.585€ -102.533€ -132.090€ -114.105€ -115.751€ -111.030€ -155.682€ -140.770€ -113.967€ -89.345
Depreciation€ -53.999€ -45.305€ -78.694€ -3.842€ -3.627€ -2.853€ -4.728€ -3.278€ -3.878€ -4.715€ -4.817€ -6.791€ -7.015€ -4.739
Operating result€ 163.215€ 86.508€ 95.478€ 177.098€ 53.400€ 92.107€ 31.073€ 68.827€ 46.832€ 1.861€ -2.511€ -1.008€ -4.718€ 12.418€ 6.336€ -3.667€ -4.818€ 5.275
Financial income€ 0€ 6.189€ 314€ 84€ 34€ 521€ 29€ 42€ 70€ 68€ 1.514€ 509€ 1.275€ 2.756
Financial charges€ -13.515€ -11.476€ -225€ -426€ -164€ -319€ -218€ -154€ -105€ -220€ -175€ -584€ -729€ -410
Result before tax€ 39.886€ 86.820€ 31.162€ 68.485€ 46.702€ 2.063€ -2.700€ -1.119€ -4.753€ 12.266€ 7.675€ -3.742€ -4.272€ 7.621
Income taxes€ -10.165€ -21.001€ -9.272€ -12.161€ -3.687€ -1.594€ -506€ -688€ -4.670€ -4.189
Net result€ 91.102€ 49.392€ 51.084€ 124.069€ 29.721€ 65.819€ 21.890€ 56.324€ 43.015€ 469€ -3.205€ -1.807€ -4.753€ 7.596€ 3.485€ -3.742€ -4.272€ 7.621
Balance sheet
Total assets€ 1.883.767€ 1.705.546€ 1.391.430€ 1.126.876€ 924.085€ 1.186.529€ 1.052.159€ 512.882€ 471.683€ 483.824€ 418.326€ 424.416€ 394.647€ 405.587€ 389.528€ 355.599€ 352.640€ 375.376
Receivables ≤ 1 year€ 13.116€ 153.047€ 183.907€ 167.759€ 170.501€ 237.179€ 204.820€ 236.295€ 236.449€ 247.221€ 256.165€ 233.468€ 248.407€ 286.392
Cash & equivalents€ 270.818€ 252.948€ 267.289€ 342.052€ 248.071€ 484.762€ 385.107€ 338.084€ 292.578€ 241.430€ 200.700€ 185.053€ 151.852€ 149.878€ 121.943€ 105.894€ 85.400€ 70.524
Equity€ 378.164€ 352.516€ 344.524€ 293.440€ 168.174€ 129.735€ 63.916€ 42.027€ 21.702€ 14.687€ 14.218€ 17.424€ 19.231€ 23.984€ 16.388€ 12.902€ 16.646€ 20.918
Amounts payable€ 755.911€ 1.056.794€ 988.243€ 470.855€ 449.981€ 469.137€ 404.108€ 406.993€ 375.416€ 381.604€ 373.140€ 342.696€ 335.994€ 354.458
Workforce
Average FTE2.92.52.42.42.42.52.83.02.62.62.83.53.52.72.3

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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