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77
Total HOAs
2
Regions
10
Municipalities
Flanders 5 Brussels 72 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2019–2025). Amounts in euros.

View at NBB →
💶
€ 107.321
Gross margin · 2025
▲ 3,3% vs 2024
📈
€ 48.042
Net result · 2025
▼ 10,4% vs 2024
🏦
€ 56.230
Equity · 2025
▲ 16,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2019
€41k
2020
€51k
2021
€36k
2022
€59k
2023
€84k
2024
€104k
2025
€107k
Net result
After tax
2019
€19k
2020
€30k
2021
€9k
2022
€28k
2023
€37k
2024
€54k
2025
€48k
Equity
At closing date
2019
€25k
2020
€55k
2021
€76k
2022
€34k
2023
€35k
2024
€48k
2025
€56k
Average FTE
Full-time equivalents
2019
0.0
2020
0.0
2021
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 09 Dec 2025
Line item2025202420232022202120202019
Income statement
Gross operating margin€ 107.321€ 103.864€ 84.390€ 59.124€ 35.948€ 50.502€ 41.310
Personnel costs€ -31.471€ -28.295€ -30.169€ -15.691€ -11.264€ -9.064€ -8.301
Depreciation€ -5.380€ -3.798€ -3.968
Operating result€ 64.890€ 71.399€ 50.667€ 38.932€ 15.312€ 37.640€ 24.098
Financial income€ 282€ 1€ 1
Financial charges€ -3.222€ -64€ -44
Result before tax€ 12.372€ 37.577€ 24.055
Income taxes€ -3.218€ -7.889€ -5.077
Net result€ 48.042€ 53.601€ 36.925€ 27.741€ 9.154€ 29.688€ 18.978
Balance sheet
Total assets€ 217.976€ 111.694€ 91.415€ 63.594€ 91.717€ 88.563€ 41.351
Receivables ≤ 1 year€ 17.949€ 23.974€ 9.022
Cash & equivalents€ 92.200€ 83.404€ 66.010€ 35.276€ 59.910€ 45.322€ 21.611
Equity€ 56.230€ 48.188€ 34.587€ 33.662€ 76.420€ 54.866€ 25.178
Amounts payable€ 15.297€ 33.697€ 16.173
Workforce
Average FTE1.00.00.0

HOA portfolio 77 HOAs

VME Address Municipality Region
Flanders
Flanders
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