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502
Total HOAs
1
Regions
36
Municipalities
Flanders 502 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 1.870.705
Gross margin · 2024
▼ 6% vs 2023
📈
€ 11.984
Net result · 2024
▼ 41,7% vs 2023
🏦
€ 249.680
Equity · 2024
▲ 5% vs 2023
👥
30.9
Avg FTE · 2024
▼ 8,6% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€258k
2007
€254k
2008
€299k
2009
€333k
2010
€363k
2011
€568k
2012
€640k
2013
€607k
2014
€778k
2015
€1,1M
2016
€1,3M
2017
€1,4M
2018
€1,5M
2019
€1,4M
2020
€1,2M
2021
€1,3M
2022
€1,6M
2023
€2,0M
2024
€1,9M
Net result
After tax
2006
€559
2007
€4k
2008
€2k
2009
€3k
2010
€3k
2011
€2k
2012
€1k
2013
€1k
2014
€8k
2015
€1k
2016
€327
2017
€307
2018
€935
2019
€2k
2020
€82k
2021
€52k
2022
€24k
2023
€21k
2024
€12k
Equity
At closing date
2006
€24k
2007
€28k
2008
€30k
2009
€33k
2010
€36k
2011
€38k
2012
€39k
2013
€40k
2014
€48k
2015
€49k
2016
€50k
2017
€50k
2018
€57k
2019
€59k
2020
€141k
2021
€193k
2022
€217k
2023
€238k
2024
€250k
Average FTE
Full-time equivalents
2006
7.5
2007
6.8
2008
7.5
2009
8.1
2010
13.6
2011
16.4
2012
14.8
2013
13.7
2014
15.7
2015
23.3
2016
25.9
2017
23.7
2018
27.5
2019
28.4
2020
22.0
2021
24.6
2022
30.7
2023
33.8
2024
30.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 13 Jun 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 1.870.705€ 1.989.598€ 1.629.846€ 1.322.221€ 1.226.334€ 1.390.742€ 1.481.938€ 1.361.071€ 1.316.694€ 1.119.841€ 778.324€ 607.263€ 639.511€ 568.063€ 362.847€ 333.267€ 299.339€ 253.559€ 258.475
Personnel costs€ -1.689.433€ -1.903.805€ -1.553.974€ -1.200.426€ -1.040.793€ -1.352.591€ -1.439.389€ -1.283.233€ -1.295.263€ -1.098.081€ -715.669€ -587.090€ -622.769€ -556.441€ -340.210€ -321.557€ -285.981€ -242.716€ -249.721
Depreciation€ -38.241€ -6.523€ -6.523€ -6.523€ -6.523€ -6.523€ -6.000€ -6.218€ -7.322€ -8.537€ -8.537€ -2.537€ -2.537€ -2.537€ -2.537
Operating result€ 71.465€ 48.625€ 48.701€ 94.461€ 131.480€ 14.056€ 22.696€ 36.142€ 14.232€ 14.572€ 17.442€ 13.275€ 8.723€ 2.354€ 12.908€ 8.681€ 9.834€ 7.661€ 5.572
Financial income€ 129€ 162€ 1.893€ 71€ 0€ 418€ 2€ 7€ 7.205€ 9€ 8€ 52€ 1
Financial charges€ -5.288€ -4.247€ -2.394€ -3.246€ -3.731€ -3.118€ -4.553€ -4.777€ -4.877€ -4.954€ -7.310€ -5.889€ -5.571€ -3.087€ -2.776
Result before tax€ 121.251€ 9.471€ 22.195€ 32.896€ 10.572€ 10.382€ 13.307€ 8.346€ 3.822€ 3.674€ 5.608€ 3.064€ 4.315€ 4.575€ 2.796
Income taxes€ -39.473€ -7.605€ -21.260€ -32.590€ -10.245€ -8.895€ -5.384€ -7.209€ -2.607€ -2.031€ -2.331€ -1€ -2.377€ -760€ -2.237
Net result€ 11.984€ 20.568€ 24.409€ 51.822€ 81.778€ 1.866€ 935€ 307€ 327€ 1.486€ 7.923€ 1.137€ 1.215€ 1.643€ 3.277€ 3.063€ 1.938€ 3.815€ 559
Balance sheet
Total assets€ 2.091.463€ 2.245.633€ 1.802.346€ 1.988.591€ 1.914.307€ 1.100.480€ 886.527€ 735.199€ 534.774€ 269.479€ 229.271€ 192.945€ 138.640€ 141.370€ 106.487€ 118.355€ 145.299€ 85.058€ 74.387
Receivables ≤ 1 year€ 1.176.748€ 1.095.258€ 772.898€ 695.281€ 492.216€ 240.193€ 168.241€ 153.996€ 95.708€ 59.920€ 37.825€ 92.672€ 126.670€ 48.616€ 48.884
Cash & equivalents€ 153.839€ 91.411€ 533.702€ 499.701€ 444.192€ 958€ 104.343€ 476€ 550€ 271€ 30.570€ 2.564€ 325€ 12.413€ 1.238€ 19.069€ 9.478€ 24.755€ 11.279
Equity€ 249.680€ 237.696€ 217.128€ 192.719€ 140.897€ 59.118€ 57.253€ 50.118€ 49.811€ 49.485€ 47.998€ 40.075€ 38.938€ 37.723€ 36.081€ 32.804€ 29.738€ 27.799€ 23.984
Amounts payable€ 1.773.410€ 1.041.361€ 829.275€ 685.081€ 484.963€ 219.994€ 181.272€ 152.870€ 99.702€ 103.646€ 70.406€ 85.551€ 115.561€ 57.259€ 50.403
Workforce
Average FTE30.933.830.724.622.028.427.523.725.923.315.713.714.816.413.68.17.56.87.5

HOA portfolio 502 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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