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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 (2017-2025). Amounts in euros.

View at NBB →
💶
€ 293.829
Gross margin · 2025
▼ 23,6% vs 2024
📈
€ -77.454
Net result · 2025
▼ 187,5% vs 2024
🏦
€ 279.920
Equity · 2025
▼ 21,7% vs 2024
👥
4.5
Avg FTE · 2025
▲ 36,4% vs 2024
Revenue (gross margin)
Year-on-year evolution
2017
€47k
2018
€120k
2019
€277k
2020
€-46k
2021
€74k
2022
€218k
2023
€242k
2024
€385k
2025
€294k
Net result
After tax
2017
€19k
2018
€23k
2019
€12k
2020
€-136k
2021
€-23k
2022
€50k
2023
€48k
2024
€88k
2025
€-77k
Equity
At closing date
2017
€39k
2018
€107k
2019
€231k
2020
€200k
2021
€177k
2022
€227k
2023
€276k
2024
€357k
2025
€280k
Average FTE
Full-time equivalents
2018
1.5
2019
1.7
2020
0.5
2021
0.9
2022
2.6
2023
2.1
2024
3.3
2025
4.5
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 4 earlier yearsApproved 20 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 293.829€ 384.598€ 241.672€ 218.370€ 73.551
Personnel costs€ -323.657€ -245.465€ -134.642€ -122.934€ -43.694
Depreciation-----
Operating result€ -69.830€ 97.143€ 61.374€ 57.023€ -12.013
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ -77.454€ 88.483€ 48.156€ 50.465€ -23.460
Balance sheet
Total assets€ 693.790€ 861.454€ 799.721€ 779.138€ 604.877
Receivables ≤ 1 year-----
Cash & equivalents€ 99.142€ 159.882€ 111.197€ 54.459€ 31.143
Equity€ 279.920€ 357.374€ 275.641€ 227.485€ 177.020
Amounts payable-----
Workforce
Average FTE4.53.32.12.60.9

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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