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14
Total HOAs
2
Regions
7
Municipalities
Flanders 0 Brussels 11 Wallonia 3
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2013-2025). Amounts in euros.

View at NBB →
💶
€ 1.904.915
Gross margin · 2025
▲ 7,7% vs 2024
📈
€ 65.488
Net result · 2025
▼ 56,4% vs 2024
🏦
€ 122.556
Equity · 2025
▲ 114,8% vs 2024
👥
22.9
Avg FTE · 2025
▲ 60,1% vs 2024
Revenue (gross margin)
Year-on-year evolution
2013
€39k
2014
€112k
2015
€267k
2016
€444k
2017
€609k
2018
€750k
2019
€841k
2020
€1,0M
2021
€1,3M
2022
€862k
2023
€1,5M
2024
€1,8M
2025
€1,9M
Net result
After tax
2013
€32k
2014
€48k
2015
€62k
2016
€62k
2017
€72k
2018
€100k
2019
€71k
2020
€56k
2021
€17k
2022
€-13k
2023
€136k
2024
€150k
2025
€65k
Equity
At closing date
2013
€38k
2014
€70k
2015
€132k
2016
€178k
2017
€250k
2018
€319k
2019
€348k
2020
€384k
2021
€416k
2022
€404k
2023
€182k
2024
€57k
2025
€123k
Average FTE
Full-time equivalents
2014
2.3
2015
3.8
2016
6.6
2017
8.8
2018
10.4
2019
12.4
2020
16.2
2021
19.5
2022
11.3
2023
16.6
2024
14.3
2025
22.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 8 earlier yearsApproved 25 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 1.904.915€ 1.768.049€ 1.499.134€ 861.513€ 1.348.101
Personnel costs€ -1.661.325€ -1.505.150€ -1.194.478€ -776.037€ -1.229.164
Depreciation-----
Operating result€ 104.885€ 182.214€ 212.789€ 20.814€ 15.410
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ 65.488€ 150.351€ 136.116€ -12.784€ 17.398
Balance sheet
Total assets€ 1.863.266€ 6.296.379€ 6.349.028€ 3.639.649€ 3.015.148
Receivables ≤ 1 year-----
Cash & equivalents€ 47.032€ 1.999.409€ 1.982.159€ 807.580€ 775.117
Equity€ 122.556€ 57.068€ 181.718€ 404.339€ 415.528
Amounts payable-----
Workforce
Average FTE22.914.316.611.319.5
Attachments

HOA portfolio 14 HOAs

VME Address Municipality Region
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Brussels
Wallonia
Wallonia
Wallonia
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