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414
Total HOAs
405 direct + 9 via acquisitions
1
Regions
30
Municipalities
Flanders 0 Brussels 0 Wallonia 414
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008-2025). Amounts in euros.

View at NBB →
💶
€ 3.943.488
Gross margin · 2025
▲ 3,2% vs 2024
📈
€ 1.138.444
Net result · 2025
▼ 1,4% vs 2024
🏦
€ 871.240
Equity · 2025
▼ 49,7% vs 2024
👥
33.8
Avg FTE · 2025
▲ 4,6% vs 2024
Revenue (gross margin)
Year-on-year evolution
2008
€2,6M
2009
€2,6M
2010
€2,8M
2011
€3,0M
2012
€3,7M
2013
€4,0M
2014
€4,1M
2015
€4,0M
2016
€3,9M
2018
€2,8M
2019
€3,0M
2020
€3,5M
2021
€3,3M
2022
€3,4M
2023
€3,6M
2024
€3,8M
2025
€3,9M
Net result
After tax
2008
€721k
2009
€768k
2010
€839k
2011
€-30k
2012
€1,2M
2013
€1,2M
2014
€974k
2015
€854k
2016
€984k
2018
€919k
2019
€953k
2020
€1,1M
2021
€1,1M
2022
€1,2M
2023
€1,1M
2024
€1,2M
2025
€1,1M
Equity
At closing date
2008
€4,4M
2009
€5,1M
2010
€6,0M
2011
€5,9M
2012
€7,1M
2013
€8,3M
2014
€9,3M
2015
€10,2M
2016
€11,2M
2018
€2,0M
2019
€3,0M
2020
€2,2M
2021
€3,0M
2022
€4,1M
2023
€578k
2024
€1,7M
2025
€871k
Average FTE
Full-time equivalents
2008
22.4
2009
22.7
2010
21.9
2011
25.2
2012
27.3
2013
28.7
2014
28.2
2015
28.2
2016
31.4
2018
27.7
2019
30.1
2020
29.0
2021
28.1
2022
32.2
2023
30.2
2024
32.3
2025
33.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 12 earlier yearsApproved 12 May 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 3.943.488€ 3.820.234€ 3.577.620€ 3.368.853€ 3.260.816
Personnel costs€ -2.120.425€ -2.046.800€ -1.898.376€ -1.641.416€ -1.608.302
Depreciation-----
Operating result€ 1.558.486€ 1.559.059€ 1.521.008€ 1.577.457€ 1.512.640
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ 1.138.444€ 1.154.479€ 1.138.248€ 1.167.911€ 1.145.183
Balance sheet
Total assets€ 3.549.636€ 2.568.688€ 5.798.410€ 4.665.895€ 3.704.957
Receivables ≤ 1 year-----
Cash & equivalents€ 1.099.384€ 706.326€ 226.172€ 318.777€ 374.438
Equity€ 871.240€ 1.732.796€ 578.317€ 4.140.069€ 2.972.157
Amounts payable-----
Workforce
Average FTE33.832.330.232.228.1

📂 Transactions & consolidations

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HOA portfolio 414 HOAs

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