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πŸ“ Locations Β· 2

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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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πŸ“Š Key financials

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

View at NBB β†’
💶
-
Gross margin Β· 2025
📈
€ -123.068
Net result Β· 2025
▼ 113,5% vs 2024
🏦
€ 7.007.245
Equity Β· 2025
▼ 3,1% vs 2024
👥
147.6
Avg FTE Β· 2025
▲ 5% vs 2024
Revenue (gross margin)
Year-on-year evolution
-
Net result
After tax
2007
€-18k
2008
€70k
2010
€69k
2011
€-127k
2012
€-22k
2013
€130k
2014
€49k
2015
€572k
2016
€322k
2017
€36k
2018
€547k
2019
€916k
2020
€-157k
2021
€-274k
2022
€52k
2023
€395k
2024
€911k
2025
€-123k
Equity
At closing date
2007
€2,2M
2008
€4,8M
2010
€5,0M
2011
€4,9M
2012
€4,8M
2013
€4,7M
2014
€4,7M
2015
€5,4M
2016
€5,6M
2017
€5,5M
2018
€5,9M
2019
€6,8M
2020
€6,5M
2021
€6,1M
2022
€6,1M
2023
€6,4M
2024
€7,2M
2025
€7,0M
Average FTE
Full-time equivalents
2007
66.1
2008
77.8
2010
132.7
2011
133.8
2012
135.5
2013
133.6
2014
136.1
2015
144.3
2016
140.5
2017
142.7
2018
138.5
2019
139.2
2020
136.2
2021
135.7
2022
139.6
2023
142.3
2024
140.6
2025
147.6
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 15 Jun 2026
Line item202520242023202220212020201920182017201620152014201320122011201020082007
Income statement
Gross operating margin------------------
Personnel costs€ -11.285.776€ -10.629.250€ -9.993.363€ -9.422.995€ -8.798.704€ -8.355.636€ -7.964.473€ -7.723.061€ -7.687.923€ -7.691.198€ -7.519.497€ -7.361.443€ -7.210.660€ -6.916.421€ -6.665.247€ -6.291.154€ -3.360.028€ -3.020.472
Depreciation-----€ -351.311€ -359.274€ -361.271€ -370.722€ -261.603€ -262.454€ -250.339€ -357.438€ -306.630€ -301.015€ -311.675€ -154.992€ -86.191
Operating result€ -173.320€ 867.747€ 367.269€ 174.122€ -245.237€ -116.038€ 429.750€ 342.796€ -13.315€ 224.364€ 520.500€ -3.883€ 92.446€ -31.494€ -98.880€ 67.499€ 58.004€ -40.968
Financial income-----€ 250€ 2.402€ 2.415€ 1.944€ 1.142€ 10.080€ 9.755€ 8.791€ 18.243€ 15.473€ 17.307€ 5.473€ 15.841
Financial charges-----€ -27.313€ -28.423€ -30.108€ -26.047€ -3.852€ -730€ -917€ -710€ -7.648€ -30.552€ -26.675€ -10.780€ -107
Result before tax-----€ -143.101------------
Income taxes-----€ -13.515------------
Net result€ -123.068€ 911.002€ 395.168€ 52.245€ -273.506€ -156.616€ 916.433€ 547.094€ 35.694€ 322.320€ 571.618€ 49.149€ 129.623€ -21.681€ -127.334€ 68.568€ 70.145€ -17.598
Balance sheet
Total assets€ 10.953.686€ 11.037.306€ 10.179.866€ 9.668.984€ 9.576.331€ 10.032.345€ 10.195.217€ 9.478.386€ 9.282.988€ 8.959.595€ 7.338.024€ 6.661.715€ 6.757.420€ 6.561.586€ 6.983.761€ 7.379.766€ 7.026.242€ 3.419.306
Receivables ≤ 1 year-----€ 2.057.116€ 1.772.403€ 1.093.752€ 1.647.166€ 1.482.130€ 1.989.040€ 944.618€ 1.250.770€ 1.362.947€ 1.088.769€ 1.794.750€ 1.251.016€ 822.411
Cash & equivalents€ 2.035.138€ 2.580.498€ 1.634.814€ 1.424.253€ 1.977.058€ 2.131.429€ 2.538.751€ 2.558.137€ 1.482.365€ 2.077.583€ 1.172.070€ 1.405.081€ 1.124.624€ 614.826€ 1.111.573€ 567.689€ 478.837€ 271.793
Equity€ 7.007.245€ 7.229.314€ 6.421.169€ 6.056.857€ 6.107.469€ 6.497.796€ 6.771.508€ 5.939.884€ 5.507.798€ 5.587.136€ 5.383.925€ 4.657.249€ 4.697.319€ 4.767.749€ 4.892.897€ 4.990.960€ 4.838.940€ 2.219.309
Amounts payable-----€ 3.491.953€ 3.365.333€ 3.455.069€ 3.528.989€ 3.147.536€ 1.745.385€ 1.677.960€ 1.737.949€ 1.589.459€ 1.885.660€ 2.232.857€ 1.998.425€ 1.169.997
Workforce
Average FTE147.6140.6142.3139.6135.7136.2139.2138.5142.7140.5144.3136.1133.6135.5133.8132.777.866.1
Attachments
πŸ“„ AccountantsReportPDF-9fb53439.pdf (355 KB)πŸ“„ AccountantsReportPDF-48b2c7ac.pdf (363 KB)πŸ“„ AccountantsReportPDF-2be3e71c.pdf (117 KB)πŸ“„ AccountantsReportPDF-82c96c5a.pdf (122 KB)πŸ“„ AccountantsReportPDF-11319497.pdf (139 KB)πŸ“„ AccountantsReportPDF-76749b86.pdf (137 KB)πŸ“„ AccountantsReportPDF-aa66058c.pdf (181 KB)πŸ“„ AccountantsReportPDF-51a15584.pdf (151 KB)πŸ“„ AccountantsReportPDF-630c3a9a.pdf (113 KB)πŸ“„ AccountantsReportPDF-88f1b7fd.pdf (190 KB)πŸ“„ AccountantsReportPDF-70d1f30d.pdf (197 KB)πŸ“„ AccountantsReportPDF-065579e6.pdf (297 KB)πŸ“„ bsb1-85b92213.pdf (87 KB)πŸ“„ bsb1-8b3674dc.pdf (227 KB)πŸ“„ ManagementReportPDF-8bc50400.pdf (233 KB)πŸ“„ bsb1-9ad07b3e.pdf (1,2 MB)πŸ“„ bsb1-87ae4d2e.pdf (441 KB)πŸ“„ bsb1-2c047e5b.pdf (180 KB)πŸ“„ bsb1-8c572843.pdf (414 KB)πŸ“„ bsb1-2a99d382.pdf (1,2 MB)πŸ“„ bsb1-be44cf60.pdf (3,1 MB)πŸ“„ bsb1-50f418f9.pdf (1,4 MB)πŸ“„ bsb1-409a6956.pdf (398 KB)πŸ“„ bsb1-ce8250e0.pdf (133 KB)πŸ“„ bsb1-a96f30a3.pdf (277 KB)

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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