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TS PROPERTY MANAGEMENT

📍 Vorstlaan 292, 1160 Auderghem BrusselsCBE start date: 24 Feb 2017

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📍 Locations · 1

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56
Total HOAs
2
Regions
2
Municipalities
Flanders 48 Brussels 8 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2018–2024). Amounts in euros.

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💶
€ 339.203
Gross margin · 2024
▲ 1,6% vs 2023
📈
€ 168.096
Net result · 2024
▼ 14,2% vs 2023
🏦
€ 74.029
Equity · 2024
▲ 61,2% vs 2023
👥
2.3
Avg FTE · 2024
▲ 27,8% vs 2023
Revenue (gross margin)
Year-on-year evolution
2018
€57k
2019
€72k
2020
€128k
2021
€184k
2022
€279k
2023
€334k
2024
€339k
Net result
After tax
2018
€36k
2019
€47k
2020
€72k
2021
€100k
2022
€181k
2023
€196k
2024
€168k
Equity
At closing date
2018
€30k
2019
€30k
2020
€40k
2021
€40k
2022
€50k
2023
€46k
2024
€74k
Average FTE
Full-time equivalents
2022
1.0
2023
1.8
2024
2.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 15 May 2025
Line item2024202320222021202020192018
Income statement
Gross operating margin€ 339.203€ 333.853€ 278.920€ 183.788€ 127.684€ 71.609€ 56.764
Personnel costs€ -107.053€ -69.306€ -34.088€ -49.147€ -30.061€ -4.202
Depreciation€ -454€ -1.248
Operating result€ 231.762€ 264.071€ 243.961€ 133.770€ 96.822€ 67.059€ 54.821
Financial income
Financial charges€ -260€ -250€ -250
Result before tax€ 96.562€ 66.810€ 54.571
Income taxes€ -24.270€ -19.762€ -18.549
Net result€ 168.096€ 195.934€ 180.919€ 99.669€ 72.292€ 47.047€ 36.022
Balance sheet
Total assets€ 437.254€ 346.891€ 372.496€ 229.272€ 199.115€ 158.916€ 88.099
Receivables ≤ 1 year€ 144.202€ 70.677€ 28.328
Cash & equivalents€ 57.810€ 80.749€ 126.562€ 22.534€ 53.796€ 83.123€ 59.771
Equity€ 74.029€ 45.934€ 50.000€ 40.000€ 40.000€ 30.000€ 29.622
Amounts payable€ 159.115€ 128.916€ 58.477
Workforce
Average FTE2.31.81.0

HOA portfolio 56 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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