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28
Total HOAs
1
Regions
8
Municipalities
Flanders 28 Brussels 0 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 →
💶
€ 106.243
Gross margin · 2025
▲ 58% vs 2024
📈
€ 29.112
Net result · 2025
▼ 42,5% vs 2024
🏦
€ 67.242
Equity · 2025
▲ 76,3% vs 2024
👥
1.0
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2017
€1k
2018
€10k
2019
€10k
2020
€25k
2021
€23k
2022
€13k
2023
€56k
2024
€67k
2025
€106k
Net result
After tax
2017
€1k
2018
€8k
2019
€8k
2020
€20k
2021
€17k
2022
€9k
2023
€42k
2024
€51k
2025
€29k
Equity
At closing date
2017
€6k
2018
€10k
2019
€13k
2020
€28k
2021
€41k
2022
€20k
2023
€20k
2024
€38k
2025
€67k
Average FTE
Full-time equivalents
1.0
2025
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 14 Aug 2026
Line item202520242023202220212020201920182017
Income statement
Gross operating margin€ 106.243€ 67.253€ 56.228€ 13.400€ 22.768€ 25.056€ 10.002€ 9.574€ 1.446
Personnel costs€ -62.916€ -7.640-------
Depreciation-----€ -1.127€ -718€ -290-
Operating result€ 39.489€ 57.676€ 53.587€ 11.496€ 20.863€ 23.520€ 8.874€ 8.874€ 1.092
Financial income-------€ 0-
Financial charges-----€ -41€ -41€ -32€ -66
Result before tax-----€ 23.478€ 8.834€ 8.842€ 1.026
Income taxes-----€ -3.779€ -881€ -883€ -23
Net result€ 29.112€ 50.607€ 41.588€ 8.571€ 16.738€ 19.699€ 7.952€ 7.960€ 1.004
Balance sheet
Total assets€ 107.695€ 78.119€ 63.912€ 91.296€ 50.916€ 34.578€ 18.792€ 16.689€ 7.535
Receivables ≤ 1 year-----€ 4.066€ 843€ 1.350€ 1.219
Cash & equivalents€ 52.015€ 67.532€ 33.608€ 81.052€ 46.231€ 24.115€ 15.262€ 14.063€ 6.316
Equity€ 67.242€ 38.130€ 20.460€ 20.460€ 40.653€ 28.415€ 13.216€ 9.763€ 6.304
Amounts payable-----€ 6.163€ 5.576€ 6.926€ 1.232
Workforce
Average FTE1.0--------

HOA portfolio 28 HOAs

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