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291
Total HOAs
2
Regions
29
Municipalities
Flanders 290 Brussels 1 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2017-2025). Amounts in euros.

View at NBB →
💶
€ 626.931
Gross margin · 2025
▲ 27,4% vs 2024
📈
€ 25.556
Net result · 2025
▲ 438,2% vs 2024
🏦
€ 114.254
Equity · 2025
▲ 28,8% vs 2024
👥
7.9
Avg FTE · 2025
▲ 6,8% vs 2024
Revenue (gross margin)
Year-on-year evolution
2017
€23k
2018
€10k
2019
€71k
2020
€171k
2021
€161k
2022
€205k
2023
€364k
2024
€492k
2025
€627k
Net result
After tax
2017
€8k
2018
€-6k
2019
€2k
2020
€90k
2021
€19k
2022
€15k
2023
€14k
2024
€5k
2025
€26k
Equity
At closing date
2017
€28k
2018
€23k
2019
€25k
2020
€36k
2021
€55k
2022
€70k
2023
€84k
2024
€89k
2025
€114k
Average FTE
Full-time equivalents
2018
0.4
2019
1.9
2020
1.3
2021
1.7
2022
3.2
2023
6.3
2024
7.4
2025
7.9
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 16 Jun 2026
Line item202520242023202220212020201920182017
Income statement
Gross operating margin€ 626.931€ 492.092€ 364.285€ 204.739€ 161.127€ 171.025€ 71.160€ 9.988€ 22.527
Personnel costs€ -565.421€ -463.535€ -320.751€ -156.472€ -83.791€ -65.256€ -62.701€ -8.963-
Depreciation-----€ -5.496€ -5.113€ -4.985€ -3.874
Operating result€ 44.148€ 12.176€ 22.887€ 25.787€ 30.360€ 94.143€ 2.889€ -4.709€ 17.188
Financial income-----€ 2€ 268€ 1.268€ 196
Financial charges-----€ -466€ -538€ -1.087€ -164
Result before tax-----€ 93.680€ 2.620€ -4.528€ 17.219
Income taxes-----€ -3.636€ -250€ -984€ -9.000
Net result€ 25.556€ 4.748€ 13.535€ 15.370€ 19.436€ 90.044€ 2.370€ -5.512€ 8.219
Balance sheet
Total assets€ 308.799€ 315.209€ 348.745€ 335.527€ 313.039€ 177.358€ 41.636€ 53.132€ 49.902
Receivables ≤ 1 year-----€ 104.694€ 24.824€ 29.833€ 14.741
Cash & equivalents€ 870€ 212€ 63€ 28.795€ 24.053€ 2.048€ 2.848€ 5.147€ 20.934
Equity€ 114.254€ 88.698€ 83.950€ 70.416€ 55.046€ 35.610€ 25.077€ 22.707€ 28.219
Amounts payable-----€ 141.748€ 16.560€ 30.424€ 21.682
Workforce
Average FTE7.97.46.33.21.71.31.90.4-

HOA portfolio 291 HOAs

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