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

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 503.757
Gross margin · 2025
▲ 10% vs 2024
📈
€ 127.316
Net result · 2025
▲ 22,7% vs 2024
🏦
€ 714.104
Equity · 2025
▲ 12,1% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€43k
2008
€69k
2009
€-32k
2010
€61k
2011
€50k
2012
€56k
2013
€136k
2014
€181k
2015
€88k
2016
€190k
2017
€151k
2018
€196k
2019
€228k
2020
€320k
2021
€322k
2022
€397k
2023
€413k
2024
€458k
2025
€504k
Net result
After tax
2007
€2k
2008
€-1k
2009
€-94k
2010
€-15k
2011
€-32k
2012
€48k
2013
€72k
2014
€90k
2015
€8k
2016
€15k
2017
€7k
2018
€17k
2019
€60k
2020
€59k
2021
€121k
2022
€69k
2023
€81k
2024
€104k
2025
€127k
Equity
At closing date
2007
€29k
2008
€28k
2009
€-66k
2010
€-81k
2011
€-113k
2012
€-65k
2013
€7k
2014
€97k
2015
€105k
2016
€119k
2017
€126k
2018
€143k
2019
€203k
2020
€263k
2021
€384k
2022
€452k
2023
€533k
2024
€637k
2025
€714k
Average FTE
Full-time equivalents
2015
0.7
2016
0.8
2017
1.0
2018
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 23 Mar 2026
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 503.757€ 457.828€ 413.287€ 397.030€ 322.113€ 319.846€ 227.976€ 196.445€ 151.442€ 189.897€ 87.869€ 180.831€ 135.594€ 56.076€ 49.563€ 61.429€ -31.855€ 69.404€ 42.822
Personnel costs€ -27.976€ -23.699€ -20.691€ -8.270
Depreciation€ -119.543€ -111.727€ -77.868€ -51.245€ -65.403€ -73.541€ -59.648€ -62.321€ -45.974€ -44.706€ -54.271€ -47.487€ -40.815€ -50.515€ -26.414
Operating result€ 298.110€ 241.357€ 186.054€ 147.567€ 200.584€ 118.714€ 98.958€ 43.022€ 29.221€ 24.694€ 17.805€ 117.174€ 88.377€ 8.876€ -6.379€ 6.825€ -77.454€ 13.100€ 10.150
Financial income€ 19.699€ 13.067€ 3.931€ 2.371€ 2.513€ 5.820€ 1.583€ 37€ 1.479€ 53€ 10€ 29€ 634€ 78€ 16
Financial charges€ -54.125€ -49.101€ -24.620€ -17.983€ -20.410€ -16.718€ -14.318€ -16.062€ -17.755€ -20.300€ -28.853€ -20.057€ -23.732€ -13.506€ -6.062
Result before tax€ 166.158€ 82.680€ 78.269€ 27.410€ 11.324€ 18.796€ 11.623€ 101.149€ 72.101€ 55.417€ -31.812€ -13.203€ -93.747€ -328€ 4.104
Income taxes€ -45.077€ -23.403€ -17.817€ -10.763€ -4.546€ -4.230€ -3.703€ -10.773€ -159€ -7.733€ -2.054€ -1.048€ -2.070
Net result€ 127.316€ 103.726€ 80.563€ 68.893€ 121.081€ 59.277€ 60.452€ 16.647€ 6.778€ 14.566€ 7.920€ 90.376€ 71.942€ 47.684€ -31.812€ -15.257€ -93.747€ -1.376€ 2.034
Balance sheet
Total assets€ 6.043.114€ 4.838.757€ 4.652.840€ 4.344.763€ 3.252.680€ 3.120.109€ 1.584.525€ 813.365€ 913.361€ 959.563€ 406.178€ 446.191€ 296.690€ 270.065€ 381.011€ 425.152€ 353.176€ 527.365€ 245.505
Receivables ≤ 1 year€ 225.404€ 6.046€ 89.536€ 28.401€ 120.809€ 257.674€ 167.547€ 124.652€ 56.513€ 10.085€ 16.100€ 61.645€ 68.125€ 26.034€ 6.201
Cash & equivalents€ 57.121€ 178.360€ 59.324€ 32.880€ 148.799€ 284.164€ 349.473€ 43.107€ 45.842€ 8.653€ 13.361€ 57.453€ 10.090€ 10.025€ 346€ 51€ 4.600€ 33.651€ 6.694
Equity€ 714.104€ 636.788€ 533.062€ 452.499€ 383.606€ 262.525€ 203.248€ 142.796€ 126.149€ 119.371€ 104.805€ 96.885€ 6.510€ -65.432€ -113.116€ -81.304€ -66.047€ 27.700€ 29.076
Amounts payable€ 2.869.074€ 2.857.584€ 1.381.277€ 670.569€ 757.212€ 840.192€ 301.373€ 349.306€ 290.180€ 335.497€ 494.127€ 506.456€ 419.223€ 499.665€ 216.429
Workforce
Average FTE1.01.00.80.7
Attachments

HOA portfolio 1 HOAs

VME Address Municipality Region
Wallonia
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