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

Source: NBB annual accounts (2014-2025). Amounts in euros.

View at NBB →
💶
€ 459.768
Gross margin · 2025
▲ 12,4% vs 2024
📈
€ -30.080
Net result · 2025
▼ 1508,5% vs 2024
🏦
€ 1.477.583
Equity · 2025
▼ 2% vs 2024
👥
3.0
Avg FTE · 2025
▲ 7,1% vs 2024
Revenue (gross margin)
Year-on-year evolution
2014
€8k
2015
€95k
2016
€69k
2017
€326k
2018
€459k
2019
€444k
2020
€358k
2021
€401k
2022
€437k
2023
€386k
2024
€409k
2025
€460k
Net result
After tax
2014
€-383
2015
€-53
2016
€-96k
2017
€74k
2018
€36k
2019
€-162k
2020
€27k
2021
€67k
2022
€6k
2023
€-44k
2024
€2k
2025
€-30k
Equity
At closing date
2014
€1,2M
2015
€1,2M
2016
€1,5M
2017
€1,6M
2018
€1,7M
2019
€1,5M
2020
€1,5M
2021
€1,6M
2022
€1,5M
2023
€1,5M
2024
€1,5M
2025
€1,5M
Average FTE
Full-time equivalents
2014
1.0
2015
1.0
2016
1.8
2017
2.0
2018
2.0
2019
2.8
2020
3.3
2023
3.3
2024
2.8
2025
3.0
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 12 Jun 2026
Line item202520242023202220212020201920182017201620152014
Income statement
Gross operating margin€ 459.768€ 409.110€ 385.940€ 436.853€ 401.187€ 357.997€ 444.211€ 458.917€ 325.975€ 69.096€ 95.253€ 7.557
Personnel costs€ -277.859€ -216.163€ -241.570€ -215.629€ -201.411€ -189.811€ -182.313€ -145.298€ -133.549€ -119.505€ -93.579€ -6.936
Depreciation-----€ -67.398€ -81.833€ -99.700€ -88.455€ -66.032€ -16.582€ -6.094
Operating result€ -30.018€ -2.891€ -43.561€ 22.118€ 47.789€ 13.875€ -192.304€ 58.737€ 62.535€ -119.201€ -15.254€ -6.595
Financial income-----€ 15.996€ 19.208€ 21.323€ 12.156€ 18.856€ 10.946€ 4.148
Financial charges-----€ -1.250€ -3.904€ -1.235€ -1.382€ -1.262€ -1.327€ -3
Result before tax-----€ 28.621€ -177.001€ 78.825€ 73.309€ -101.607€ -5.636€ -2.450
Income taxes-----€ -158€ 11.716€ -37.043€ -5.375€ -54€ -53€ -5
Net result€ -30.080€ 2.136€ -44.356€ 5.895€ 66.509€ 26.614€ -162.123€ 35.881€ 73.569€ -96.024€ -53€ -383
Balance sheet
Total assets€ 1.632.104€ 1.623.260€ 1.700.183€ 1.765.960€ 1.843.062€ 1.788.602€ 1.834.271€ 1.993.299€ 1.769.852€ 1.593.324€ 1.336.933€ 1.278.453
Receivables ≤ 1 year-----€ 414.058€ 296.037€ 339.790€ 258.479€ 201.102€ 31.545€ 14.500
Cash & equivalents€ 1.012.547€ 1.000.742€ 940.022€ 1.294.973€ 1.194.743€ 1.240.528€ 1.370.037€ 1.414.581€ 1.248.867€ 1.148.097€ 1.245.643€ 1.239.374
Equity€ 1.477.583€ 1.507.663€ 1.505.527€ 1.549.884€ 1.588.694€ 1.528.865€ 1.490.239€ 1.658.346€ 1.594.405€ 1.531.782€ 1.238.752€ 1.187.262
Amounts payable-----€ 246.242€ 332.386€ 320.144€ 166.540€ 47.000€ 78.003€ 84.680
Workforce
Average FTE3.02.83.3--3.32.82.02.01.81.01.0
Attachments

HOA portfolio 1 HOAs

VME Address Municipality Region
Brussels
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