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📍 Locations · 2

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6
Total HOAs
1
Regions
2
Municipalities
Flanders 6 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2025). Amounts in euros.

View at NBB →
💶
€ 287.435
Gross margin · 2025
▲ 163,8% vs 2024
📈
€ 157.261
Net result · 2025
▲ 1125,2% vs 2024
🏦
€ 193.889
Equity · 2025
▲ 429,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€42k
2012
€59k
2013
€37k
2014
€51k
2015
€92k
2016
€60k
2017
€85k
2018
€-65k
2019
€95k
2020
€70k
2021
€52k
2022
€85k
2023
€43k
2024
€109k
2025
€287k
Net result
After tax
2011
€-13k
2012
€-5k
2013
€-13k
2014
€681
2015
€21k
2016
€3k
2017
€24k
2018
€-137k
2019
€9k
2020
€1k
2021
€7k
2022
€45k
2023
€-43k
2024
€13k
2025
€157k
Equity
At closing date
2011
€7k
2012
€2k
2013
€-11k
2014
€-10k
2015
€11k
2016
€15k
2017
€39k
2018
€17k
2019
€14k
2020
€15k
2021
€22k
2022
€67k
2023
€24k
2024
€37k
2025
€194k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 May 2026
Line item202520242023202220212020201920182017201620152014201320122011
Income statement
Gross operating margin€ 287.435€ 108.962€ 42.863€ 84.742€ 52.363€ 69.682€ 95.102€ -65.473€ 84.968€ 60.084€ 92.140€ 50.756€ 36.786€ 59.469€ 41.994
Personnel costs
Depreciation€ -43.385€ -45.971€ -40.202€ -34.169€ -34.897€ -35.314€ -35.398€ -34.764€ -34.869€ -33.852
Operating result€ 242.537€ 63.035€ -1.221€ 45.115€ 11.956€ 21.750€ 34.799€ -113.763€ 46.323€ 19.268€ 51.811€ 9.327€ -187€ 22.989€ 7.794
Financial income€ 1€ 6€ 2.233€ 18.917€ 14.845€ 4.884€ 20.863€ 7.124€ 224€ 0
Financial charges€ -19.188€ -26.053€ -24.693€ -26.910€ -30.672€ -35.260€ -29.510€ -19.514€ -28.310€ -20.983
Result before tax€ 2.563€ 9.202€ -136.223€ 38.330€ 3.440€ 21.436€ 681€ -12.577€ -5.097€ -13.189
Income taxes€ -1.139€ -464€ -433€ -14.113€ -193
Net result€ 157.261€ 12.835€ -42.835€ 44.907€ 6.776€ 1.424€ 8.737€ -136.656€ 24.217€ 3.248€ 21.436€ 681€ -12.577€ -5.097€ -13.189
Balance sheet
Total assets€ 438.308€ 1.249.696€ 1.419.782€ 897.351€ 1.169.878€ 1.265.874€ 1.420.393€ 1.900.414€ 1.408.495€ 1.559.170€ 980.871€ 1.714.390€ 820.575€ 1.239.959€ 801.429
Receivables ≤ 1 year€ 257.707€ 383.849€ 358.359€ 317.241€ 197.352€ 117.280€ 313.120€ 159.306€ 14.636€ 2.818
Cash & equivalents€ 3.467€ 11.405€ 106.353€ 5.141€ 8.411€ 44.767€ 13.581€ 12.145€ 75.442€ 10.002€ 25.568€ 71.201€ 30.988€ 21.900€ 134.078
Equity€ 193.889€ 36.628€ 23.792€ 66.627€ 21.720€ 14.945€ 13.521€ 17.390€ 38.719€ 14.502€ 11.254€ -10.182€ -10.863€ 1.714€ 6.811
Amounts payable€ 1.250.929€ 1.406.871€ 1.883.024€ 1.369.776€ 1.544.668€ 969.617€ 1.724.572€ 831.438€ 1.238.245€ 794.617
Workforce
Average FTE

HOA portfolio 6 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
Flanders
Flanders
Flanders
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