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📍 Locations · 1

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3
Total HOAs
1
Regions
3
Municipalities
Flanders 3 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2010–2025). Amounts in euros.

View at NBB →
💶
€ 42.615
Gross margin · 2025
▲ 30,9% vs 2024
📈
€ 28.357
Net result · 2025
▲ 55,8% vs 2024
🏦
€ 138.698
Equity · 2025
▲ 25,7% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2010
€-9k
2011
€-1k
2012
€779
2013
€-974
2014
€15k
2015
€2k
2016
€5k
2017
€26k
2018
€12k
2019
€23k
2020
€24k
2021
€25k
2022
€37k
2023
€43k
2024
€33k
2025
€43k
Net result
After tax
2010
€-11k
2011
€-5k
2012
€-4k
2013
€-3k
2014
€13k
2015
€39
2016
€1k
2017
€18k
2018
€4k
2019
€8k
2020
€14k
2021
€11k
2022
€23k
2023
€29k
2024
€18k
2025
€28k
Equity
At closing date
2010
€7k
2011
€3k
2012
€-2k
2013
€-4k
2014
€8k
2015
€8k
2016
€10k
2017
€15k
2018
€19k
2019
€28k
2020
€30k
2021
€40k
2022
€63k
2023
€92k
2024
€110k
2025
€139k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 03 May 2026
Line item2025202420232022202120202019201820172016201520142013201220112010
Income statement
Gross operating margin€ 42.615€ 32.553€ 43.282€ 37.212€ 24.807€ 23.937€ 22.762€ 12.160€ 25.662€ 4.838€ 2.068€ 15.166€ -974€ 779€ -1.000€ -8.644
Personnel costs€ -2.116€ -2.223
Depreciation€ -7.046€ -6.790€ -5.190€ -5.190€ -527€ -527€ -527€ -1.374€ -1.499€ -1.499€ -125
Operating result€ 40.975€ 27.818€ 41.234€ 33.239€ 16.300€ 15.341€ 13.525€ 6.022€ 18.465€ 2.213€ 807€ 13.082€ -2.872€ -4.495€ -5.174€ -10.558
Financial income€ 18€ 168€ 1.225€ 20€ 10€ 24€ 177€ 6€ 164€ 23
Financial charges€ -204€ -110€ -604€ -235€ -919€ -528€ -177€ -13€ -47€ -62€ -78
Result before tax€ 15.155€ 13.583€ 6.643€ 18.230€ 1.314€ 41€ 12.772€ -2.708€ -4.149€ -4.874€ -11.187
Income taxes€ -1.468€ -5.168€ -2.168€ -82€ -2€ -2€ -1€ 0€ 12€ -12€ -3
Net result€ 28.357€ 18.201€ 28.861€ 23.137€ 10.616€ 13.687€ 8.415€ 4.475€ 18.148€ 1.312€ 39€ 12.771€ -2.708€ -4.137€ -4.886€ -11.190
Balance sheet
Total assets€ 178.769€ 199.136€ 163.848€ 112.679€ 77.239€ 63.645€ 43.542€ 45.407€ 41.718€ 18.610€ 16.760€ 17.551€ 10.658€ 4.050€ 6.068€ 7.728
Receivables ≤ 1 year€ 31.472€ 19.965€ 17.837€ 15.485€ 12.939€ 8.136€ 9.514€ 5.245€ 1.590€ 1.938€ 1.223
Cash & equivalents€ 124.412€ 141.920€ 121.923€ 74.930€ 34.530€ 19.346€ 3.821€ 7.185€ 2.712€ 4.160€ 6.835€ 5.871€ 4.226€ 196€ 1.257€ 2.133
Equity€ 138.698€ 110.341€ 92.140€ 63.279€ 40.142€ 29.526€ 27.839€ 19.424€ 14.949€ 9.801€ 8.489€ 8.450€ -4.321€ -1.613€ 2.524€ 7.410
Amounts payable€ 34.119€ 15.703€ 25.983€ 26.769€ 8.809€ 8.271€ 9.101€ 14.979€ 5.663€ 3.544€ 318
Workforce
Average FTE

HOA portfolio 3 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
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