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126
Total HOAs
1
Regions
2
Municipalities
Flanders 126 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2024). Amounts in euros.

View at NBB →
💶
€ 1.077.156
Gross margin · 2024
▲ 8,5% vs 2023
📈
€ 542.850
Net result · 2024
▼ 1,4% vs 2023
🏦
€ 3.679.109
Equity · 2024
▲ 8,5% vs 2023
👥
9.1
Avg FTE · 2024
▲ 42,2% vs 2023
Revenue (gross margin)
Year-on-year evolution
2006
€159k
2007
€153k
2008
€518k
2009
€196k
2010
€226k
2011
€243k
2012
€262k
2013
€274k
2014
€275k
2015
€271k
2016
€310k
2017
€333k
2018
€376k
2019
€441k
2020
€738k
2021
€879k
2022
€979k
2023
€992k
2024
€1,1M
Net result
After tax
2006
€28k
2007
€17k
2008
€259k
2009
€55k
2010
€41k
2011
€60k
2012
€76k
2013
€104k
2014
€112k
2015
€99k
2016
€72k
2017
€84k
2018
€110k
2019
€175k
2020
€328k
2021
€400k
2022
€568k
2023
€551k
2024
€543k
Equity
At closing date
2006
€253k
2007
€71k
2008
€329k
2009
€150k
2010
€190k
2011
€250k
2012
€326k
2013
€408k
2014
€519k
2015
€619k
2016
€691k
2017
€775k
2018
€885k
2019
€1,1M
2020
€2,4M
2021
€2,8M
2022
€3,3M
2023
€3,4M
2024
€3,7M
Average FTE
Full-time equivalents
2006
2.6
2007
3.5
2008
2.8
2009
2.5
2010
3.0
2011
2.3
2012
2.1
2013
2.1
2014
2.0
2015
2.3
2016
3.7
2017
4.0
2018
4.2
2019
4.6
2020
7.0
2021
8.1
2022
6.4
2023
6.4
2024
9.1
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 02 Jun 2025
Line item2024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 1.077.156€ 992.464€ 979.477€ 878.836€ 738.224€ 441.480€ 375.930€ 333.018€ 309.872€ 270.600€ 275.124€ 273.890€ 261.929€ 242.585€ 225.530€ 196.263€ 518.293€ 152.986€ 158.769
Personnel costs€ -471.468€ -362.828€ -278.768€ -353.570€ -250.458€ -166.683€ -195.578€ -181.641€ -149.736€ -115.826€ -104.242€ -111.505€ -143.530€ -151.470€ -163.367€ -127.730€ -118.240€ -144.463€ -96.799
Depreciation€ -3.651€ -2.764€ -2.611€ -4.033€ -9.718€ -10.033€ -9.533€ -9.024€ -7.070€ -813€ -1.163€ -5.627€ -5.627€ -5.627€ -4.814
Operating result€ 589.952€ 617.676€ 695.019€ 517.807€ 469.056€ 266.331€ 168.462€ 128.420€ 135.840€ 143.543€ 159.996€ 151.883€ 110.056€ 89.854€ 58.034€ 60.838€ 389.867€ -1.693€ 35.916
Financial income€ 15.769€ 6.407€ 7.487€ 10.681€ 1.358€ 1.514€ 1.958€ 1.858€ 2.206€ 2.251€ 1.056€ 1.594€ 4.781€ 1.541€ 113
Financial charges€ -727€ -1.074€ -382€ -396€ -241€ -792€ -543€ -311€ -677€ -578€ -323€ -161€ -237€ -717€ -1.080
Result before tax€ 484.099€ 276.779€ 175.568€ 138.705€ 136.956€ 144.265€ 161.411€ 153.429€ 111.585€ 94.027€ 58.767€ 62.271€ 394.410€ 17.437€ 34.949
Income taxes€ -156.455€ -101.949€ -65.647€ -54.915€ -64.643€ -44.884€ -49.526€ -49.577€ -35.763€ -34.426€ -18.012€ -7.261€ -135.743€ -7.032
Net result€ 542.850€ 550.825€ 567.971€ 399.651€ 327.643€ 174.830€ 109.921€ 83.791€ 72.313€ 99.382€ 111.885€ 103.852€ 75.822€ 59.600€ 40.755€ 55.010€ 258.667€ 17.437€ 27.917
Balance sheet
Total assets€ 4.209.686€ 3.740.982€ 3.439.529€ 2.965.061€ 2.618.539€ 1.150.891€ 1.004.024€ 969.240€ 906.989€ 810.768€ 705.642€ 582.961€ 466.671€ 369.026€ 334.227€ 267.812€ 429.103€ 281.799€ 456.687
Receivables ≤ 1 year€ 192.486€ 13.038€ 40.078€ 15.472€ 27.208€ 2.344€ 18.390€ 33.986€ 364.952€ 321.852€ 259.133€ 166.941€ 318.570€ 12.474€ 423.595
Cash & equivalents€ 182.845€ 590.093€ 675.113€ 926.681€ 772.040€ 575.537€ 162.035€ 68.153€ 249.219€ 100.630€ 302.111€ 156.548€ 72.049€ 46.670€ 74.281€ 98.896€ 102.920€ 255.557€ 18.299
Equity€ 3.679.109€ 3.390.819€ 3.258.241€ 2.845.311€ 2.445.659€ 1.059.653€ 884.823€ 774.902€ 691.111€ 618.798€ 519.416€ 407.531€ 325.679€ 249.857€ 190.257€ 149.501€ 329.491€ 70.824€ 253.388
Amounts payable€ 144.755€ 63.112€ 91.076€ 166.213€ 187.753€ 163.845€ 158.101€ 147.305€ 112.866€ 91.043€ 115.845€ 90.186€ 71.487€ 186.210€ 163.299
Workforce
Average FTE9.16.46.48.17.04.64.24.03.72.32.02.12.12.33.02.52.83.52.6

HOA portfolio 126 HOAs

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