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31
Total HOAs
1
Regions
7
Municipalities
Flanders 0 Brussels 31 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 36.526
Gross margin · 2025
▼ 2,3% vs 2024
📈
€ 26.027
Net result · 2025
▲ 302,6% vs 2024
🏦
€ 24.405
Equity · 2025
▲ 1604,6% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€131k
2008
€138k
2009
€140k
2010
€135k
2011
€154k
2012
€160k
2013
€142k
2014
€166k
2015
€152k
2016
€141k
2017
€139k
2018
€144k
2019
€132k
2020
€78k
2021
€35k
2022
€27k
2023
€11k
2024
€37k
2025
€37k
Net result
After tax
2007
€-29k
2008
€-29k
2009
€136k
2010
€-40k
2011
€6k
2012
€25k
2013
€21k
2014
€-4k
2015
€14k
2016
€-18k
2017
€-14k
2018
€10k
2019
€8k
2020
€-2k
2021
€-7k
2022
€2k
2023
€-2k
2024
€-13k
2025
€26k
Equity
At closing date
2007
€53k
2008
€24k
2009
€159k
2010
€21k
2011
€27k
2012
€27k
2013
€47k
2014
€27k
2015
€41k
2016
€24k
2017
€10k
2018
€20k
2019
€20k
2020
€18k
2021
€11k
2022
€14k
2023
€12k
2024
€-2k
2025
€24k
Average FTE
Full-time equivalents
2007
2.4
2008
2.4
2009
2.0
2010
2.0
2011
2.0
2012
2.0
2013
1.9
2014
2.0
2015
2.0
2016
2.0
2017
1.9
2018
2.1
2019
1.2
2020
0.3
2022
0.7
2023
0.1
2024
0.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 Jun 2026
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 36.526€ 37.373€ 11.429€ 27.176€ 35.412€ 77.725€ 132.316€ 143.509€ 139.487€ 140.917€ 152.139€ 165.943€ 142.325€ 160.184€ 154.327€ 135.041€ 140.425€ 138.158€ 131.381
Personnel costs€ -2.399€ -43.487€ -2.411€ -10.431€ -12.903€ -13.275€ -87.569€ -99.516€ -101.013€ -105.812€ -99.620€ -100.464€ -97.074€ -93.056€ -88.552€ -90.483€ -86.776€ -98.105€ -96.372
Depreciation€ -16.074€ -11.927€ -11.028€ -12.621€ -18.128€ -18.557€ -18.326€ -17.817€ -16.469€ -10.357€ -15.422€ -16.465€ -16.733€ -16.148
Operating result€ 29.490€ -17.152€ 200€ 3.761€ -3.408€ 2.670€ 11.830€ 24.854€ 20.138€ 10.995€ 27.356€ 38.602€ 21.245€ 43.976€ 50.204€ 22.710€ 31.674€ 3.567€ 11.678
Financial income€ 59€ 6€ 2€ 1.356€ 77€ 13.088€ 3.117€ 3.862€ 3.871€ 123.433€ 1.988€ 1.258
Financial charges€ -4.934€ -3.271€ -8.181€ -26.510€ -24.732€ -4.517€ -37.307€ -5.226€ -11.685€ -29.458€ -54.794€ -11.512€ -7.525€ -6.989
Result before tax€ -2.264€ 8.559€ 16.732€ -6.366€ -13.735€ 24.195€ 1.372€ 29.107€ 35.408€ 24.608€ -28.213€ 143.595€ -26.535€ -27.628
Income taxes€ 278€ -894€ -6.262€ -7.621€ -4.124€ -9.920€ -5.703€ -8.155€ -10.567€ -18.350€ -11.958€ -7.938€ -2.219€ -1.047
Net result€ 26.027€ -12.846€ -1.812€ 1.595€ -6.792€ -1.987€ 7.665€ 10.470€ -13.987€ -17.859€ 14.275€ -4.331€ 20.952€ 24.841€ 6.258€ -40.171€ 135.657€ -28.754€ -28.675
Balance sheet
Total assets€ 35.289€ 41.859€ 75.289€ 54.137€ 38.741€ 39.114€ 68.127€ 93.794€ 71.452€ 98.887€ 133.368€ 147.856€ 164.724€ 177.497€ 168.087€ 262.502€ 325.833€ 195.486€ 228.352
Receivables ≤ 1 year€ 8.732€ 20.697€ 43.240€ 8.737€ 1.750€ 2.484€ 11.064€ 3.465€ 10.635€ 20.663€ 117.867€ 24.263€ 17.115€ 23.300
Cash & equivalents€ 5.566€ 2.601€ 7.963€ 7.912€ 23.866€ 23.382€ 22.764€ 18.429€ 7.628€ 8.224€ 2.628€ 17.079€ 774€ 2.131€ 11.678€ 9.948€ 7.100€ 12.677€ 19.189
Equity€ 24.405€ -1.622€ 11.780€ 14.121€ 11.441€ 18.233€ 20.220€ 20.055€ 9.585€ 23.572€ 41.431€ 27.156€ 47.487€ 26.535€ 27.011€ 20.753€ 159.424€ 23.767€ 52.521
Amounts payable€ 20.881€ 47.907€ 73.738€ 61.867€ 75.314€ 91.937€ 120.700€ 117.237€ 150.962€ 141.076€ 241.749€ 166.409€ 156.719€ 175.831
Workforce
Average FTE0.80.10.70.31.22.11.92.02.02.01.92.02.02.02.02.42.4

HOA portfolio 31 HOAs

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