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55
Total HOAs
1
Regions
2
Municipalities
Flanders 55 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008–2024). Amounts in euros.

View at NBB →
💶
€ 236.299
Gross margin · 2024
▼ 8,8% vs 2023
📈
€ 28.672
Net result · 2024
▲ 128,7% vs 2023
🏦
€ 117.986
Equity · 2024
▲ 32,1% vs 2023
👥
1.8
Avg FTE · 2024
▼ 21,7% vs 2023
Revenue (gross margin)
Year-on-year evolution
2008
€193k
2009
€7k
2010
€249k
2011
€117k
2012
€1k
2013
€167k
2014
€317k
2015
€280k
2016
€280k
2017
€244k
2018
€139k
2019
€206k
2020
€181k
2021
€158k
2022
€174k
2023
€259k
2024
€236k
Net result
After tax
2008
€23k
2009
€101
2010
€7k
2011
€-97k
2012
€-163k
2013
€-37k
2014
€94k
2015
€72k
2016
€69k
2017
€41k
2018
€-20k
2019
€18k
2020
€29k
2021
€-37k
2022
€-33k
2023
€13k
2024
€29k
Equity
At closing date
2008
€54k
2009
€54k
2010
€61k
2011
€-36k
2012
€-199k
2013
€-236k
2014
€-142k
2015
€-90k
2016
€79k
2017
€120k
2018
€100k
2019
€117k
2020
€147k
2021
€109k
2022
€76k
2023
€89k
2024
€118k
Average FTE
Full-time equivalents
2008
2.9
2009
2.8
2010
3.0
2011
3.7
2012
3.4
2013
4.1
2014
4.0
2015
4.2
2016
3.8
2017
3.2
2018
3.0
2019
3.5
2020
3.4
2021
2.8
2022
2.8
2023
2.3
2024
1.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 15 May 2025
Line item20242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross operating margin€ 236.299€ 258.998€ 174.487€ 157.801€ 180.574€ 206.179€ 139.304€ 243.902€ 280.351€ 280.337€ 317.168€ 166.503€ 1.294€ 117.337€ 248.639€ 6.528€ 193.136
Personnel costs€ -137.860€ -127.504€ -150.571€ -145.567€ -141.357€ -162.342€ -154.068€ -160.773€ -171.383€ -179.589€ -188.133€ -162.003€ -118.426€ -173.355€ -172.993€ -150.179€ -106.096
Depreciation€ -4.204€ -6.739€ -6.137€ -9.790€ -19.600€ -12.695€ -16.386€ -18.677€ -16.083€ -28.928€ -30.178€ -28.643€ -28.044
Operating result€ 50.040€ 77.134€ -25.521€ -31.667€ 10.624€ 12.940€ -39.378€ 55.089€ 70.222€ 69.979€ 94.757€ -36.356€ -161.411€ -104.127€ 20.304€ -211.033€ 41.326
Financial income€ 41.446€ 30.799€ 26.819€ 20.011€ 11.921€ 3.368€ 31€ 4€ 272€ 112€ 177€ 351€ 750
Financial charges€ -3.657€ -11.494€ -6.567€ -1.650€ -2.103€ -930€ -987€ -454€ -797€ -1.081€ -1.230€ -19.054€ -8.663
Result before tax€ 48.413€ 32.245€ -19.126€ 68.227€ 80.040€ 72.417€ 93.801€ -36.806€ -162.518€ -96.975€ 19.251€ 8.458€ 42.752
Income taxes€ -18.977€ -14.388€ -1.049€ -27.207€ -11.233€ -386€ -542€ -12.721€ -8.357€ -19.563
Net result€ 28.672€ 12.535€ -33.054€ -37.445€ 29.436€ 17.857€ -20.175€ 41.020€ 68.807€ 72.417€ 93.801€ -37.192€ -163.060€ -96.975€ 6.530€ 101€ 23.189
Balance sheet
Total assets€ 527.406€ 553.128€ 573.503€ 645.466€ 539.096€ 473.769€ 391.238€ 374.379€ 263.267€ 147.734€ 66.015€ 92.454€ 123.077€ 164.064€ 280.689€ 249.387€ 487.535
Receivables ≤ 1 year€ 453.850€ 415.878€ 344.729€ 287.606€ 191.724€ 110.858€ 30.434€ 39.544€ 29.686€ 60.670€ 122.064€ 26.845€ 16.844
Cash & equivalents€ 1.416€ 19.826€ 14.033€ 9.600€ 19.818€ 2.885€ 36.973€ 5.821€ 43€ 876€ 12.760€ 39.782€ 55.864€ 91.674€ 146.528€ 77.413
Equity€ 117.986€ 89.314€ 76.412€ 109.466€ 146.911€ 117.475€ 99.618€ 119.793€ 78.773€ -90.034€ -142.451€ -236.252€ -199.060€ -36.000€ 60.975€ 54.445€ 54.344
Amounts payable€ 392.185€ 356.294€ 291.620€ 254.586€ 184.494€ 237.768€ 208.466€ 328.706€ 322.137€ 200.064€ 219.714€ 194.942€ 433.191
Workforce
Average FTE1.82.32.82.83.43.53.03.23.84.24.04.13.43.73.02.82.9

HOA portfolio 55 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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