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37
Total HOAs
1
Regions
1
Municipalities
Flanders 37 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2011–2025). Amounts in euros.

View at NBB →
💶
€ 176.201
Gross margin · 2025
▲ 22,5% vs 2024
📈
€ 118.512
Net result · 2025
▲ 19,5% vs 2024
🏦
€ 483.966
Equity · 2025
▲ 16,2% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2011
€61k
2012
€87k
2013
€84k
2014
€86k
2015
€79k
2016
€79k
2017
€70k
2018
€85k
2019
€81k
2020
€62k
2021
€113k
2022
€96k
2023
€105k
2024
€144k
2025
€176k
Net result
After tax
2011
€35k
2012
€55k
2013
€52k
2014
€55k
2015
€50k
2016
€52k
2017
€45k
2018
€53k
2019
€51k
2020
€41k
2021
€75k
2022
€64k
2023
€69k
2024
€99k
2025
€119k
Equity
At closing date
2011
€47k
2012
€15k
2013
€15k
2014
€15k
2015
€16k
2016
€15k
2017
€15k
2018
€69k
2019
€120k
2020
€161k
2021
€237k
2022
€301k
2023
€371k
2024
€416k
2025
€484k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 10 earlier yearsApproved 16 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 176.201€ 143.856€ 104.535€ 96.463€ 112.575
Personnel costs
Depreciation
Operating result€ 174.561€ 142.360€ 103.449€ 96.004€ 112.001
Financial income
Financial charges
Result before tax
Income taxes
Net result€ 118.512€ 99.152€ 69.393€ 64.495€ 75.497
Balance sheet
Total assets€ 523.228€ 444.737€ 385.754€ 313.540€ 253.855
Receivables ≤ 1 year
Cash & equivalents€ 519.576€ 434.725€ 382.535€ 308.548€ 248.959
Equity€ 483.966€ 416.474€ 370.636€ 301.244€ 236.748
Amounts payable
Workforce
Average FTE

HOA portfolio 37 HOAs

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