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89
Total HOAs
60 direct + 29 via acquisitions
1
Regions
8
Municipalities
Flanders 0 Brussels 0 Wallonia 89
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 199.983
Gross margin · 2024
▲ 8,5% vs 2023
📈
€ -15.109
Net result · 2024
▲ 67,6% vs 2023
🏦
€ 50.556
Equity · 2024
▼ 23% vs 2023
👥
1.8
Avg FTE · 2024
▼ 5,3% vs 2023
Revenue (gross margin)
Year-on-year evolution
2018
€12k
2019
€106k
2020
€90k
2021
€265k
2022
€202k
2023
€184k
2024
€200k
Net result
After tax
2018
€-6k
2019
€28k
2020
€195k
2021
€-58k
2022
€-67k
2023
€-47k
2024
€-15k
Equity
At closing date
2018
€13k
2019
€41k
2020
€237k
2021
€179k
2022
€112k
2023
€66k
2024
€51k
Average FTE
Full-time equivalents
2018
0.1
2019
0.8
2020
1.6
2021
1.8
2022
2.8
2023
1.9
2024
1.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 09 Jul 2025
Line item2024202320222021202020192018
Income statement
Gross operating margin€ 199.983€ 184.300€ 202.125€ 265.090€ 90.127€ 105.815€ 11.557
Personnel costs€ -92.640€ -99.738€ -147.354€ -209.039€ -66.549€ -49.212€ -4.430
Depreciation€ -15.019€ -14.861€ -7.410
Operating result€ 8.270€ -23.424€ -51.460€ -49.472€ 4.045€ 40.403€ -5.014
Financial income€ 201.374€ 860€ 0
Financial charges€ -9.948€ -2.697€ -700
Result before tax€ 195.471€ 38.567€ -5.714
Income taxes€ -10.295
Net result€ -15.109€ -46.653€ -66.664€ -57.647€ 195.471€ 28.272€ -5.714
Balance sheet
Total assets€ 491.018€ 578.738€ 624.497€ 703.685€ 853.130€ 262.027€ 155.146
Receivables ≤ 1 year€ 97.680€ 123.568€ 14.579
Cash & equivalents€ 17.846€ 16.399€ 16.556€ 19.575€ 6.179€ 19.090€ 79.592
Equity€ 50.556€ 65.665€ 112.319€ 178.982€ 236.629€ 41.158€ 12.886
Amounts payable€ 616.501€ 220.869€ 142.260
Workforce
Average FTE1.81.92.81.81.60.80.1

📂 Transactions & consolidations

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Absorption
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HOA portfolio 89 HOAs

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