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30
Total HOAs
1
Regions
9
Municipalities
Flanders 30 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2007–2025). Amounts in euros.

View at NBB →
💶
€ 2.475
Gross margin · 2025
▼ 20,2% vs 2024
📈
€ -2.514
Net result · 2025
▲ 17% vs 2024
🏦
€ 6.217
Equity · 2025
▼ 28,8% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2007
€72k
2008
€31k
2009
€-628
2010
€3k
2011
€5k
2012
€-791
2013
€-2k
2014
€-653
2015
€4k
2016
€5k
2017
€1k
2018
€4k
2019
€3k
2020
€-2k
2021
€-4k
2022
€7k
2023
€5k
2024
€3k
2025
€2k
Net result
After tax
2007
€37
2008
€1k
2009
€-7k
2010
€5k
2011
€5k
2012
€-998
2013
€-3k
2014
€-2k
2015
€2k
2016
€3k
2017
€-983
2018
€836
2019
€528
2020
€-4k
2021
€-5k
2022
€235
2023
€-1k
2024
€-3k
2025
€-3k
Equity
At closing date
2007
€27k
2008
€28k
2009
€22k
2010
€26k
2011
€23k
2012
€22k
2013
€19k
2014
€17k
2015
€18k
2016
€21k
2017
€20k
2018
€21k
2019
€22k
2020
€18k
2021
€13k
2022
€13k
2023
€12k
2024
€9k
2025
€6k
Average FTE
Full-time equivalents
2007
1.8
2008
0.7
2009
0.2
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 14 earlier yearsApproved 09 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 2.475€ 3.103€ 5.373€ 6.719€ -3.523
Personnel costs
Depreciation
Operating result€ -612€ -962€ 1.740€ 3.488€ -4.018
Financial income
Financial charges
Result before tax
Income taxes
Net result€ -2.514€ -3.028€ -1.128€ 235€ -5.111
Balance sheet
Total assets€ 10.835€ 14.339€ 20.136€ 20.092€ 20.274
Receivables ≤ 1 year
Cash & equivalents€ 3.567€ 5.880€ 7.053€ 6.075€ 1.110
Equity€ 6.217€ 8.731€ 11.759€ 12.887€ 12.652
Amounts payable
Workforce
Average FTE

HOA portfolio 30 HOAs

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