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196
Total HOAs
3
Regions
19
Municipalities
Flanders 1 Brussels 194 Wallonia 1
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2013–2024). Amounts in euros.

View at NBB →
💶
€ 1.110.364
Gross margin · 2024
▼ 1,6% vs 2023
📈
€ 212.971
Net result · 2024
▲ 12,5% vs 2023
🏦
€ 212.496
Equity · 2024
▲ 6,5% vs 2023
👥
14.1
Avg FTE · 2024
▼ 1,4% vs 2023
Revenue (gross margin)
Year-on-year evolution
2013
€406k
2014
€433k
2015
€516k
2016
€494k
2017
€486k
2018
€558k
2019
€632k
2020
€614k
2021
€725k
2022
€905k
2023
€1,1M
2024
€1,1M
Net result
After tax
2013
€-40k
2014
€23k
2015
€-14k
2016
€19k
2017
€17k
2018
€66k
2019
€124k
2020
€77k
2021
€117k
2022
€149k
2023
€189k
2024
€213k
Equity
At closing date
2013
€22k
2014
€45k
2015
€31k
2016
€49k
2017
€51k
2018
€65k
2019
€88k
2020
€94k
2021
€111k
2022
€150k
2023
€200k
2024
€212k
Average FTE
Full-time equivalents
2013
4.0
2014
5.0
2015
6.0
2016
6.5
2017
6.7
2018
6.8
2019
7.6
2020
8.1
2023
14.3
2024
14.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 May 2025
Line item202420232022202120202019201820172016201520142013
Income statement
Gross operating margin€ 1.110.364€ 1.128.618€ 904.891€ 724.595€ 613.750€ 632.421€ 558.381€ 486.153€ 493.991€ 516.064€ 433.130€ 405.564
Personnel costs€ -775.509€ -886.526€ -695.250€ -562.139€ -509.381€ -484.690€ -442.800€ -404.286€ -423.813€ -478.729€ -370.900€ -416.564
Depreciation€ -5.819€ -6.421€ -24.896€ -21.051€ -24.673€ -28.261€ -28.261€ -24.188
Operating result€ 305.507€ 207.870€ 175.091€ 148.399€ 97.725€ 138.162€ 82.442€ 33.778€ 15.801€ 9.074€ 33.969€ -35.188
Financial income€ 4.003€ 0€ 25€ 192€ 4.670€ 463€ 1.048€ 3.223
Financial charges€ -3.725€ -3.518€ -4.524€ -3.055€ -1.781€ -4.921€ -6.990€ -7.931
Result before tax€ 98.003€ 134.645€ 77.943€ 27.318€ 18.689€ 4.616€ 28.027€ -39.896
Income taxes€ -21.300€ -10.155€ -12.341€ -10.631€ -18.845€ -5.200
Net result€ 212.971€ 189.281€ 148.936€ 116.935€ 76.703€ 124.490€ 65.602€ 16.688€ 18.689€ -14.229€ 22.827€ -39.896
Balance sheet
Total assets€ 584.830€ 479.974€ 399.490€ 356.864€ 280.020€ 293.444€ 258.601€ 162.850€ 116.155€ 148.725€ 235.745€ 193.163
Receivables ≤ 1 year€ 42.376€ 20.867€ 1.065€ 7.431€ 73.696€ 32.032€ 20.147€ 5.710
Cash & equivalents€ 527.989€ 405.774€ 299.908€ 273.649€ 224.710€ 259.959€ 239.701€ 132.705€ 411€ 51.963€ 122.607€ 73.635
Equity€ 212.496€ 199.525€ 150.244€ 111.309€ 94.374€ 87.671€ 65.181€ 51.079€ 49.391€ 30.702€ 44.931€ 22.104
Amounts payable€ 185.646€ 205.773€ 193.420€ 111.771€ 66.764€ 118.023€ 190.814€ 171.059
Workforce
Average FTE14.114.38.17.66.86.76.56.05.04.0

HOA portfolio 196 HOAs

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