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📍 Locations · 2

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12
Total HOAs
1
Regions
2
Municipalities
Flanders 12 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 17.154
Gross margin · 2025
▲ 9,1% vs 2024
📈
€ 233
Net result · 2025
▼ 10,8% vs 2024
🏦
€ 27.656
Equity · 2025
▲ 0,9% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€19k
2008
€10k
2009
€33k
2010
€57k
2011
€30k
2012
€12k
2013
€92k
2014
€28k
2015
€80k
2016
€56k
2017
€5k
2018
€24k
2019
€25k
2020
€48k
2021
€20k
2022
€21k
2023
€26k
2024
€16k
2025
€17k
Net result
After tax
2007
€-23k
2008
€-18k
2009
€76
2010
€22k
2011
€138
2012
€-33k
2013
€39k
2014
€-19k
2015
€27k
2016
€839
2017
€11k
2018
€9k
2019
€12k
2020
€13k
2021
€5k
2022
€6k
2023
€11k
2024
€262
2025
€233
Equity
At closing date
2007
€-19k
2008
€-38k
2009
€-38k
2010
€-16k
2011
€-15k
2012
€-48k
2013
€-10k
2014
€-29k
2015
€-2k
2016
€-762
2017
€431
2018
€4k
2019
€11k
2020
€16k
2021
€19k
2022
€23k
2023
€27k
2024
€27k
2025
€28k
Average FTE
Full-time equivalents
2018
0.3
2022
0.4
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2026
Line item2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross operating margin€ 17.154€ 15.727€ 26.443€ 20.829€ 20.472€ 48.381€ 25.089€ 24.437€ 5.447€ 56.234€ 79.860€ 27.657€ 92.225€ 11.956€ 29.653€ 57.370€ 32.882€ 10.409€ 18.794
Personnel costs€ -15.334€ -13.003€ -12.758€ -11.304€ -10.827€ -10.502€ -9.183€ -10.431-----------
Depreciation-----€ -2.846€ -2.846€ -2.548€ -3.396€ -16.698€ -17.163€ -17.038€ -19.639€ -18.772€ -18.357€ -13.775€ -14.072€ -10.962€ -10.153
Operating result€ 301€ 331€ 12.199€ 7.425€ 5.813€ 13.443€ 15.387€ 10.162€ 17.393€ 16.279€ 61.486€ -423€ 69.027€ -8.652€ 9.747€ 37.627€ 16.411€ -2.213€ -14.809
Financial income-----€ 0€ 0€ 117€ 5€ 2€ 59€ 126€ 14€ 68€ 256€ 236€ 417€ 11€ 436
Financial charges-----€ -203€ -353€ -718€ -5.766€ -15.312€ -18.535€ -18.931€ -20.471€ -24.199€ -25.604€ -15.819€ -16.749€ -16.079€ -9.006
Result before tax-----€ 13.240€ 15.035€ 9.562€ 11.632€ 969€ 43.010€ -19.227€ 48.569€ -32.783€ 174€ 22.045€ 79€ -18.281€ -23.379
Income taxes-----€ -242€ -2.825€ -1.050€ -439€ -130€ -15.663€ -212€ -9.867€ 11€ -35€ -17€ -3€ -2-
Net result€ 233€ 262€ 10.554€ 5.784€ 5.323€ 12.998€ 12.209€ 8.512€ 11.192€ 839€ 27.347€ -19.439€ 38.702€ -32.771€ 138€ 22.028€ 76€ -18.282€ -23.379
Balance sheet
Total assets€ 106.921€ 97.565€ 110.865€ 107.858€ 91.102€ 91.325€ 81.019€ 237.831€ 304.960€ 531.516€ 744.245€ 752.764€ 698.783€ 664.116€ 744.869€ 728.544€ 421.837€ 595.459€ 221.349
Receivables ≤ 1 year-----€ 78.051€ 63.199€ 82.214€ 166.993€ 165.412€ 365.295€ 185.640€ 202.527€ 95.169€ 112.560€ 3.726€ 19.321€ 113.087€ 20.441
Cash & equivalents€ 17.867€ 21.819€ 38.552€ 25.665€ 16.800€ 8.059€ 9.764€ 23.024€ 3.824€ 35.299€ 4.317€ 34.335€ 1.133€ 6.145€ 70.908€ 193.979€ 12.340€ 14.845€ 2.949
Equity€ 27.656€ 27.422€ 27.161€ 23.107€ 19.322€ 15.999€ 11.001€ 4.492€ 431€ -762€ -1.601€ -28.948€ -9.508€ -48.210€ -15.439€ -15.577€ -37.605€ -37.680€ -19.398
Amounts payable-----€ 75.326€ 70.018€ 233.339€ 304.529€ 512.278€ 745.846€ 781.712€ 708.292€ 712.326€ 760.308€ 744.121€ 459.442€ 633.139€ 240.747
Workforce
Average FTE---0.4---0.3-----------

HOA portfolio 12 HOAs

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