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📍 Locations · 3

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31
Total HOAs
2
Regions
14
Municipalities
Flanders 24 Brussels 7 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2008-2025). Amounts in euros.

View at NBB →
💶
€ 151.787
Gross margin · 2025
▼ 12,3% vs 2024
📈
€ -23.793
Net result · 2025
▼ 393,4% vs 2024
🏦
€ 28.561
Equity · 2025
▼ 45,4% vs 2024
👥
3.5
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2008
€-2k
2009
€14k
2010
€-6k
2011
€158
2013
€16k
2014
€-4k
2015
€-7k
2016
€66k
2017
€32k
2018
€24k
2019
€14k
2020
€38k
2021
€63k
2022
€101k
2023
€153k
2024
€173k
2025
€152k
Net result
After tax
2008
€-24k
2009
€-4k
2010
€-21k
2011
€3k
2013
€129
2014
€-18k
2015
€-18k
2016
€50k
2017
€15k
2018
€9k
2019
€-2k
2020
€12k
2021
€8k
2022
€22k
2023
€30k
2024
€8k
2025
€-24k
Equity
At closing date
2008
€16k
2009
€12k
2010
€-9k
2011
€-6k
2013
€2k
2014
€-15k
2015
€-34k
2016
€2k
2017
€13k
2018
€16k
2019
€14k
2020
€17k
2021
€22k
2022
€30k
2023
€44k
2024
€52k
2025
€29k
Average FTE
Full-time equivalents
3.5
2025
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 12 earlier yearsApproved 04 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 151.787€ 173.141€ 152.934€ 101.180€ 63.086
Personnel costs€ -133.181€ -108.533€ -55.468€ -30.617€ -12.681
Depreciation-----
Operating result€ -20.340€ 25.214€ 48.969€ 38.864€ 22.328
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ -23.793€ 8.110€ 29.729€ 22.101€ 8.166
Balance sheet
Total assets€ 215.314€ 280.177€ 321.711€ 300.676€ 313.252
Receivables ≤ 1 year-----
Cash & equivalents€ 9.645€ 867---
Equity€ 28.561€ 52.353€ 44.244€ 30.014€ 21.913
Amounts payable-----
Workforce
Average FTE3.5----

HOA portfolio 31 HOAs

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