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

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 16.980
Gross margin · 2025
▼ 33,8% vs 2024
📈
€ 10.393
Net result · 2025
▲ 111,5% vs 2024
🏦
€ 8.144.977
Equity · 2025
▼ 5,2% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€15k
2007
€17k
2008
€6k
2009
€26k
2010
€23k
2011
€24k
2012
€28k
2013
€27k
2014
€19k
2015
€29k
2016
€43k
2017
€28k
2018
€36k
2019
€28k
2020
€38k
2021
€8,4M
2022
€-24k
2023
€58k
2024
€26k
2025
€17k
Net result
After tax
2006
€-2k
2007
€-12k
2008
€-16k
2009
€3k
2010
€2k
2011
€2k
2012
€2k
2013
€6k
2014
€-18k
2015
€-13k
2016
€-1k
2017
€-13k
2018
€471k
2019
€-13k
2020
€450k
2021
€8,3M
2022
€-653k
2023
€478k
2024
€-90k
2025
€10k
Equity
At closing date
2006
€247k
2007
€235k
2008
€219k
2009
€222k
2010
€225k
2011
€227k
2012
€229k
2013
€235k
2014
€217k
2015
€204k
2016
€203k
2017
€190k
2018
€660k
2019
€647k
2020
€1,1M
2021
€9,4M
2022
€8,8M
2023
€8,8M
2024
€8,6M
2025
€8,1M
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 18 May 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 16.980€ 25.642€ 57.582€ -24.256€ 8.366.212€ 37.731€ 27.509€ 35.675€ 28.392€ 43.026€ 28.749€ 19.483€ 26.503€ 27.619€ 24.386€ 22.984€ 25.543€ 5.790€ 17.259€ 15.451
Personnel costs
Depreciation€ -29.913€ -30.246€ -31.062€ -31.634€ -30.982€ -29.250€ -25.895€ -14.497€ -13.925€ -17.701€ -17.951€ -19.615€ -19.615€ -20.432€ -16.828
Operating result€ -160.707€ -124.748€ -89.004€ -78.001€ 8.320.194€ 3.422€ -7.046€ 894€ -6.368€ 7.934€ -3.777€ -10.284€ 9.383€ 11.130€ 4.194€ 2.584€ 3.480€ -16.692€ -6.005€ -3.762
Financial income€ 500.003€ 21€ 525.027€ 32€ 29€ 144€ 188€ 311€ 292€ 3.391€ 3.310€ 3.407€ 7.815€ 464€ 479
Financial charges€ -10.926€ -8.749€ -10.207€ -9.488€ -12.062€ -12.302€ -10.148€ -6.415€ -15.348€ -7.983€ -6.222€ -6.489€ -9.883€ -8.841€ -9.426
Result before tax€ 492.499€ -15.775€ 515.714€ -15.825€ -4.099€ -15.935€ -20.245€ 3.278€ -495€ -398€ -327€ 398€ -18.759€ -14.383€ -4.279
Income taxes€ -45.496€ 0€ -47.505€ 46€ -12€ 16€ -63€ 16€ -16€ -1
Net result€ 10.393€ -90.388€ 478.264€ -653.051€ 8.311.780€ 449.673€ -13.104€ 470.879€ -13.155€ -1.383€ -13.277€ -17.559€ 5.885€ 2.191€ 2.256€ 2.343€ 3.068€ -16.091€ -11.713€ -1.608
Balance sheet
Total assets€ 10.767.031€ 10.432.356€ 11.022.251€ 8.876.014€ 9.588.507€ 2.602.131€ 2.566.864€ 2.594.025€ 1.066.850€ 668.597€ 682.880€ 680.437€ 461.860€ 487.008€ 522.160€ 534.940€ 547.176€ 554.756€ 573.094€ 587.980
Receivables ≤ 1 year€ 102€ 8€ 63€ 2.637€ 23€ 56.313€ 53.179€ 50.128€ 46.975€ 39.562€ 39.567
Cash & equivalents€ 122.089€ 119.985€ 217.464€ 209.650€ 2.468.773€ 80.959€ 19.996€ 17.530€ 8.172€ 2.911€ 3.030€ 3.140€ 32.400€ 49.745€ 14.842€ 12.124€ 10.094€ 2.051€ 1.109€ 15.119
Equity€ 8.144.977€ 8.588.584€ 8.758.972€ 8.755.709€ 9.408.759€ 1.096.979€ 647.306€ 660.410€ 189.531€ 202.685€ 204.068€ 217.345€ 234.904€ 229.018€ 226.827€ 224.571€ 222.228€ 219.160€ 235.251€ 246.963
Amounts payable€ 1.458.868€ 1.870.604€ 1.881.991€ 823.025€ 408.947€ 419.177€ 400.786€ 161.981€ 190.344€ 225.017€ 237.383€ 249.292€ 257.269€ 256.847€ 257.350
Workforce
Average FTE

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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