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📍 Locations · 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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📊 Key financials

Source: NBB annual accounts (2006-2025). Amounts in euros.

View at NBB →
💶
€ 252.235
Gross margin · 2025
▼ 24,9% vs 2024
📈
€ 108.987
Net result · 2025
▼ 28,7% vs 2024
🏦
€ 679.838
Equity · 2025
▲ 19,1% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€-2k
2007
€8k
2008
€18k
2009
€-6k
2010
€338
2011
€31k
2012
€16k
2013
€20k
2014
€53k
2015
€43k
2016
€18k
2017
€42k
2018
€68k
2019
€322k
2020
€200k
2021
€185k
2022
€138k
2023
€248k
2024
€336k
2025
€252k
Net result
After tax
2006
€-3k
2007
€7k
2008
€-2k
2009
€-7k
2010
€68
2011
€22k
2012
€-10k
2013
€-8k
2014
€22k
2015
€7k
2016
€-5k
2017
€-5k
2018
€-2k
2019
€166k
2020
€91k
2021
€55k
2022
€10k
2023
€58k
2024
€153k
2025
€109k
Equity
At closing date
2006
€5k
2007
€12k
2008
€11k
2009
€4k
2010
€4k
2011
€26k
2012
€16k
2013
€7k
2014
€30k
2015
€37k
2016
€32k
2017
€27k
2018
€25k
2019
€204k
2020
€295k
2021
€350k
2022
€360k
2023
€418k
2024
€571k
2025
€680k
Average FTE
Full-time equivalents
2008
0.4
2017
0.2
2018
1.0
2019
1.0
2020
1.0
2021
1.0
2022
0.8
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 17 Mar 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 252.235€ 335.861€ 247.998€ 137.599€ 184.866€ 200.324€ 322.013€ 68.475€ 41.690€ 18.459€ 43.131€ 52.858€ 19.621€ 16.055€ 30.932€ 338€ -6.467€ 18.084€ 7.884€ -2.402
Personnel costs---€ -30.009€ -26.425€ -23.039€ -29.785€ -26.506€ -4.044--------€ -19.640--
Depreciation-----€ -13.635€ -14.308€ -26.837€ -26.868€ -14.275€ -14.844€ -10.771€ -20.469€ -21.561€ -1.554-----
Operating result€ 224.699€ 303.695€ 213.460€ 69.381€ 120.415€ 149.514€ 264.475€ 7.594€ 1.514€ 2.771€ 26.869€ 40.392€ -2.025€ -6.524€ 28.870€ -125€ -6.931€ -2.015€ 7.390€ -2.926
Financial income-----€ 2.254--€ 1-€ 14€ 573€ 5€ 2-€ 227€ 28€ 493€ 1.880€ 321
Financial charges-----€ -26.500€ -19.070€ -8.666€ -6.557€ -7.832€ -14.281€ -14.194€ -6.133€ -586€ -75€ -34€ -92€ -39€ -116€ -906
Result before tax-----€ 125.268€ 245.405€ -1.072€ -5.043€ -5.060€ 12.602€ 26.771€ -8.252€ -10.108€ 28.795€ 68€ -6.995€ -1.561€ 9.154€ -3.511
Income taxes-----€ -33.800€ -50.179€ -550€ -200€ 233€ -5.590€ -4.500€ -1€ -24€ -6.800--€ -202€ -2.023€ 477
Net result€ 108.987€ 152.963€ 57.723€ 10.065€ 54.851€ 91.468€ 166.486€ -1.622€ -5.243€ -4.828€ 7.012€ 22.271€ -8.253€ -10.132€ 21.995€ 68€ -6.995€ -1.763€ 7.131€ -3.034
Balance sheet
Total assets€ 1.766.758€ 2.415.298€ 4.166.364€ 3.994.378€ 3.478.392€ 2.356.562€ 2.400.355€ 942.361€ 745.166€ 576.120€ 1.114.614€ 826.343€ 229.320€ 238.231€ 36.809€ 25.002€ 34.860€ 79.172€ 222.484€ 211.018
Receivables ≤ 1 year-----€ 621.653€ 427.878€ 366.674€ 39.746€ 3.049€ 247.804€ 3.049€ 8.643€ 9.088€ 14.504€ 24.745€ 34.818€ 63.428€ 154.694€ 116.688
Cash & equivalents€ 148.417€ 239.941€ 125.206€ 270.495€ 146.156€ 28.779€ 136.052€ 60.873€ 164.985€ 6.641€ 6.754€ 5.004€ 16.301€ 2.349€ 18.680€ 257€ 42€ 15.744€ 67.790€ 94.330
Equity€ 679.838€ 570.850€ 417.887€ 360.164€ 350.099€ 295.248€ 203.780€ 24.899€ 26.520€ 31.763€ 36.591€ 29.579€ 7.308€ 15.561€ 25.693€ 3.698€ 3.630€ 10.625€ 12.388€ 5.257
Amounts payable-----€ 2.032.575€ 2.167.836€ 917.462€ 718.646€ 544.356€ 1.078.023€ 796.764€ 222.012€ 222.670€ 11.116€ 21.304€ 31.230€ 68.547€ 210.096€ 205.761
Workforce
Average FTE---0.81.01.01.01.00.2--------0.4--

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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