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8
Total HOAs
2
Regions
7
Municipalities
Flanders 4 Brussels 4 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 →
💶
€ 115.812
Gross margin · 2025
▼ 1,2% vs 2024
📈
€ 72.770
Net result · 2025
▼ 5,9% vs 2024
🏦
€ 202.657
Equity · 2025
▲ 56% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2019
€40k
2020
€20k
2021
€7k
2022
€51k
2023
€75k
2024
€117k
2025
€116k
Net result
After tax
2019
€28k
2020
€14k
2021
€411
2022
€33k
2023
€51k
2024
€77k
2025
€73k
Equity
At closing date
2019
€29k
2020
€43k
2021
€43k
2022
€77k
2023
€93k
2024
€130k
2025
€203k
Average FTE
Full-time equivalents
-
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 18 Jun 2026
Line item2025202420232022202120202019
Income statement
Gross operating margin€ 115.812€ 117.177€ 74.831€ 50.957€ 6.584€ 20.302€ 39.816
Personnel costs-------
Depreciation-------
Operating result€ 103.360€ 105.689€ 72.377€ 49.385€ 5.839€ 19.460€ 38.138
Financial income-----€ 610€ 393
Financial charges-----€ -1.274€ -1.478
Result before tax-----€ 18.796€ 37.053
Income taxes-----€ -4.763€ -9.000
Net result€ 72.770€ 77.366€ 50.876€ 33.149€ 411€ 14.033€ 28.053
Balance sheet
Total assets€ 243.513€ 234.204€ 197.971€ 157.097€ 53.219€ 56.742€ 41.047
Receivables ≤ 1 year-----€ 18.081€ 15.211
Cash & equivalents€ 35.056€ 88.875€ 68.005€ 35.046€ 18.820€ 19.463€ 9.903
Equity€ 202.657€ 129.887€ 92.521€ 76.646€ 43.497€ 43.085€ 29.053
Amounts payable-----€ 13.656€ 11.994
Workforce
Average FTE-------

HOA portfolio 8 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Flanders
Flanders
Flanders
Flanders
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