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📍 Locations · 2

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4
Total HOAs
1
Regions
3
Municipalities
Flanders 0 Brussels 0 Wallonia 4
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

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

View at NBB →
💶
€ 19.416
Gross margin · 2025
▲ 51,5% vs 2024
📈
€ -6.992
Net result · 2025
▲ 48,2% vs 2024
🏦
€ -22.056
Equity · 2025
▼ 46,4% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€40k
2008
€129k
2009
€107k
2010
€140k
2011
€150k
2012
€167k
2013
€174k
2014
€163k
2015
€120k
2016
€134k
2017
€86k
2018
€100k
2019
€56k
2020
€119k
2021
€36k
2022
€28k
2024
€13k
2025
€19k
Net result
After tax
2007
€-4k
2008
€4k
2009
€664
2010
€29k
2011
€-5k
2012
€-11k
2013
€5k
2014
€5k
2015
€2k
2016
€-38k
2017
€-900
2018
€9k
2019
€-3k
2020
€21k
2021
€-3k
2022
€-7k
2024
€-14k
2025
€-7k
Equity
At closing date
2007
€15k
2008
€18k
2009
€19k
2010
€48k
2011
€42k
2012
€31k
2013
€36k
2014
€41k
2015
€43k
2016
€5k
2017
€4k
2018
€13k
2019
€10k
2020
€32k
2021
€28k
2022
€22k
2024
€-15k
2025
€-22k
Average FTE
Full-time equivalents
2007
5.0
2008
4.0
2009
4.0
2010
4.0
2011
6.0
2012
6.0
2013
6.0
2014
6.0
2015
3.0
2016
2.0
2017
1.0
2018
1.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 13 earlier yearsApproved 13 Jun 2026
Line item20252024202220212020
Income statement
Gross operating margin€ 19.416€ 12.814€ 28.492€ 36.107€ 119.099
Personnel costs-----
Depreciation----€ -41.963
Operating result€ 4.964€ -5.138€ 2.406€ 5.968€ 77.136
Financial income-----
Financial charges----€ -19.590
Result before tax----€ 57.546
Income taxes----€ -36.382
Net result€ -6.992€ -13.508€ -6.873€ -3.059€ 21.164
Balance sheet
Total assets€ 229.655€ 288.296€ 356.003€ 397.954€ 379.597
Receivables ≤ 1 year----€ 18.576
Cash & equivalents€ 2.827€ 1.271€ 2.630€ 2.938€ 35.819
Equity€ -22.056€ -15.064€ 21.574€ 28.448€ 31.507
Amounts payable----€ 348.090
Workforce
Average FTE-----

HOA portfolio 4 HOAs

VME Address Municipality Region
Wallonia
Wallonia
Wallonia
Wallonia
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