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143
Total HOAs
1
Regions
5
Municipalities
Flanders 143 Brussels 0 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 →
💶
€ 913.835
Gross margin · 2025
▼ 9,7% vs 2024
📈
€ 7.608
Net result · 2025
▼ 96,3% vs 2024
🏦
€ 877.437
Equity · 2025
▼ 7,1% vs 2024
👥
9.3
Avg FTE · 2025
▲ 2,2% vs 2024
Revenue (gross margin)
Year-on-year evolution
2006
€110k
2007
€119k
2009
€225k
2010
€151k
2011
€151k
2012
€203k
2013
€197k
2014
€193k
2015
€207k
2016
€312k
2017
€407k
2018
€470k
2019
€546k
2020
€567k
2021
€640k
2022
€780k
2023
€784k
2024
€1,0M
2025
€914k
Net result
After tax
2006
€21k
2007
€13k
2009
€37k
2010
€21k
2011
€24k
2012
€49k
2013
€45k
2014
€21k
2015
€10k
2016
€31k
2017
€38k
2018
€90k
2019
€105k
2020
€131k
2021
€132k
2022
€186k
2023
€138k
2024
€203k
2025
€8k
Equity
At closing date
2006
€46k
2007
€59k
2009
€96k
2010
€117k
2011
€142k
2012
€191k
2013
€236k
2014
€157k
2015
€167k
2016
€198k
2017
€173k
2018
€239k
2019
€273k
2020
€379k
2021
€461k
2022
€597k
2023
€742k
2024
€945k
2025
€877k
Average FTE
Full-time equivalents
2006
1.7
2007
1.7
2009
1.8
2010
1.8
2011
2.1
2012
2.2
2013
2.1
2014
2.4
2015
3.5
2016
4.0
2017
4.2
2018
5.0
2019
6.3
2020
6.3
2021
7.2
2022
7.7
2023
8.0
2024
9.1
2025
9.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 26 Dec 2025
Line item2025202420232022202120202019201820172016201520142013201220112010200920072006
Income statement
Gross operating margin€ 913.835€ 1.012.454€ 783.809€ 779.564€ 639.597€ 567.095€ 546.042€ 470.107€ 406.774€ 311.501€ 206.915€ 193.448€ 197.382€ 202.676€ 150.609€ 151.249€ 224.566€ 118.796€ 109.847
Personnel costs€ -595.445€ -507.398€ -456.157€ -399.899€ -66.088€ -279.849€ -273.579€ -216.031€ -160.095€ -145.700€ -106.955€ -91.342€ -80.660€ -72.405€ -66.970€ -61.776€ -82.561€ -56.013€ -44.776
Depreciation€ -66.088€ -67.692€ -81.517€ -77.702€ -106.126€ -95.428€ -46.477€ -46.325€ -37.110€ -35.370€ -29.537€ -39.587€ -56.167€ -29.334€ -19.683
Operating result€ 65.109€ 328.445€ 229.254€ 284.711€ 208.344€ 205.265€ 177.486€ 163.152€ 91.142€ 38.900€ 30.589€ 42.163€ 71.448€ 81.813€ 46.534€ 41.398€ 65.341€ 28.987€ 35.496
Financial income€ 676€ 109€ 252€ 841€ 538€ 377€ 463€ 550€ 342€ 861€ 552€ 987€ 5.264€ 537€ 60
Financial charges€ -19.779€ -18.170€ -20.312€ -21.029€ -24.889€ -12.446€ -6.861€ -5.518€ -6.964€ -8.025€ -7.077€ -8.219€ -13.181€ -7.139€ -5.594
Result before tax€ 189.241€ 187.204€ 157.426€ 142.964€ 66.791€ 36.641€ 24.191€ 37.195€ 67.993€ 74.649€ 40.019€ 34.761€ 57.424€ 20.723€ 29.962
Income taxes€ -57.442€ -56.212€ -52.840€ -53.396€ -28.333€ -5.218€ -14.423€ -16.247€ -22.549€ -25.607€ -15.592€ -13.488€ -20.684€ -7.742€ -8.854
Net result€ 7.608€ 203.017€ 137.549€ 186.387€ 131.799€ 130.992€ 104.586€ 89.568€ 38.458€ 31.423€ 9.768€ 20.948€ 45.444€ 49.042€ 24.427€ 21.273€ 36.740€ 12.981€ 21.108
Balance sheet
Total assets€ 1.826.428€ 1.651.904€ 1.549.765€ 1.509.444€ 1.206.020€ 1.165.302€ 1.135.545€ 1.078.251€ 1.154.544€ 1.041.007€ 484.913€ 419.648€ 395.628€ 391.168€ 460.683€ 279.450€ 280.669€ 337.748€ 238.048
Receivables ≤ 1 year€ 14.922€ 89.869€ 7.093€ 28.583€ 44.376€ 23.452€ 6.167€ 13.918€ 10.896€ 18.436€ 4.138€ 6.257€ 21.515€ 1.976€ 64.523
Cash & equivalents€ 24.539€ 143.321€ 58.497€ 51.111€ 119.896€ 336€ 7.112€ 881€ 33.903€ 186.385€ 62.757€ 39.427€ 24.696€ 6.998€ 14.382€ 12.032€ 12.613€ 5.639€ 2.499
Equity€ 877.437€ 944.829€ 741.812€ 597.363€ 460.976€ 379.177€ 273.185€ 238.599€ 173.064€ 198.007€ 167.041€ 157.273€ 236.325€ 190.881€ 141.839€ 116.955€ 95.674€ 58.934€ 45.953
Amounts payable€ 745.044€ 786.125€ 862.360€ 839.652€ 981.480€ 843.000€ 317.872€ 262.375€ 159.303€ 200.287€ 318.844€ 162.495€ 184.995€ 278.814€ 192.095
Workforce
Average FTE9.39.18.07.77.26.36.35.04.24.03.52.42.12.22.11.81.81.71.7

HOA portfolio 143 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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