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

Source: NBB annual accounts (2007–2024). Amounts in euros.

View at NBB →
💶
€ 268.469
Gross margin · 2024
▼ 3,1% vs 2023
📈
€ 39.799
Net result · 2024
▲ 102,6% vs 2023
🏦
€ 143.369
Equity · 2024
▲ 38,4% vs 2023
👥
Avg FTE · 2024
Revenue (gross margin)
Year-on-year evolution
2007
€54k
2008
€80k
2009
€71k
2010
€83k
2011
€65k
2012
€81k
2013
€90k
2014
€109k
2015
€124k
2016
€152k
2017
€136k
2018
€157k
2019
€175k
2020
€156k
2021
€182k
2022
€201k
2023
€277k
2024
€268k
Net result
After tax
2007
€442
2008
€1k
2009
€-5k
2010
€6k
2011
€-21k
2012
€-806
2013
€15k
2014
€16k
2015
€-12k
2016
€-2k
2017
€-2k
2018
€9k
2019
€6k
2020
€4k
2021
€751
2022
€-2k
2023
€20k
2024
€40k
Equity
At closing date
2007
€80k
2008
€82k
2009
€77k
2010
€83k
2011
€61k
2012
€60k
2013
€75k
2014
€91k
2015
€79k
2016
€77k
2017
€75k
2018
€84k
2019
€90k
2020
€95k
2021
€96k
2022
€94k
2023
€104k
2024
€143k
Average FTE
Full-time equivalents
2007
0.6
2008
1.0
2009
1.0
2010
1.1
2011
1.0
2012
1.3
2013
1.0
2014
1.0
2015
2.6
2016
2.6
2017
2.9
2018
3.2
2019
3.3
2020
3.3
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 Jun 2025
Line item202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 268.469€ 277.168€ 201.320€ 181.505€ 155.955€ 174.981€ 157.088€ 136.124€ 151.995€ 123.752€ 109.120€ 90.461€ 81.184€ 65.072€ 83.295€ 71.249€ 80.101€ 54.481
Personnel costs€ -182.774€ -201.807€ -160.619€ -137.901€ -112.909€ -123.722€ -118.192€ -106.247€ -112.858€ -92.511€ -56.218€ -37.219€ -40.496€ -35.781€ -35.163€ -31.407€ -29.826€ -18.603
Depreciation€ -25.118€ -24.546€ -16.873€ -18.200€ -27.512€ -26.932€ -26.003€ -24.885€ -27.327€ -29.868€ -30.609€ -31.413€ -30.944€ -24.285
Operating result€ 61.912€ 38.634€ 9.722€ 9.275€ 14.073€ 16.859€ 18.585€ 7.930€ 7.608€ 695€ 22.879€ 24.322€ 9.164€ -4.460€ 12.286€ 4.362€ 12.955€ 6.370
Financial income€ 82€ 101€ 1€ 1€ 585€ 879€ 1.125€ 2.888€ 2.572€ 1.868€ 2.088€ 1.574€ 2.724€ 249
Financial charges€ -5.815€ -5.284€ -9.530€ -9.750€ -10.002€ -10.812€ -9.836€ -11.494€ -12.075€ -18.746€ -12.896€ -13.479€ -14.059€ -7.227
Result before tax€ 8.339€ 11.676€ 9.056€ -1.819€ -1.809€ -9.238€ 16.043€ 15.716€ -274€ -21.338€ 1.478€ -7.942€ 1.312€ 442
Income taxes€ -4.018€ -5.328€ -216€ -3.045€ -275€ -719€ -532€ 37€ 4.057€ 3.242
Net result€ 39.799€ 19.648€ -1.617€ 751€ 4.321€ 6.348€ 9.056€ -1.819€ -2.025€ -12.283€ 15.768€ 14.997€ -806€ -21.300€ 5.535€ -4.700€ 1.312€ 442
Balance sheet
Total assets€ 495.027€ 532.860€ 506.738€ 690.545€ 501.660€ 515.470€ 494.246€ 469.109€ 561.552€ 515.388€ 538.391€ 484.014€ 479.001€ 512.445€ 500.112€ 491.065€ 526.363€ 525.028
Receivables ≤ 1 year€ 11.970€ 20.064€ 30.947€ 41.574€ 35.524€ 18.896€ 31.046€ 31.914€ 17.534€ 15.054€ 14.022€ 4.131€ 5.708€ 13.472
Cash & equivalents€ 339.388€ 368.338€ 322.178€ 513.100€ 291.472€ 295.938€ 305.450€ 262.981€ 343.273€ 300.727€ 287.541€ 220.455€ 206.314€ 215.245€ 174.446€ 143.817€ 152.216€ 128.471
Equity€ 143.369€ 103.571€ 93.922€ 95.539€ 94.788€ 90.467€ 84.119€ 75.063€ 76.881€ 78.965€ 91.248€ 75.480€ 60.483€ 61.289€ 82.589€ 77.054€ 81.754€ 80.442
Amounts payable€ 406.872€ 425.004€ 410.127€ 394.046€ 484.670€ 436.422€ 447.143€ 408.534€ 418.517€ 451.156€ 417.522€ 414.010€ 444.609€ 444.586
Workforce
Average FTE3.33.33.22.92.62.61.01.01.31.01.11.01.00.6

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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