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3
Total HOAs
1
Regions
1
Municipalities
Flanders 3 Brussels 0 Wallonia 0
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2006–2025). Amounts in euros.

View at NBB →
💶
€ 13.885
Gross margin · 2025
▼ 76,4% vs 2024
📈
€ 189.405
Net result · 2025
▲ 5446,7% vs 2024
🏦
€ 558.313
Equity · 2025
▲ 51,3% vs 2024
👥
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2006
€91k
2007
€159k
2008
€164k
2009
€70k
2010
€152k
2011
€154k
2012
€116k
2013
€52k
2014
€15k
2015
€50k
2016
€50k
2017
€31k
2018
€25k
2019
€23k
2020
€19k
2021
€17k
2022
€16k
2023
€16k
2024
€59k
2025
€14k
Net result
After tax
2006
€75k
2007
€83k
2008
€128k
2009
€33k
2010
€103k
2011
€113k
2012
€77k
2013
€100k
2014
€9k
2015
€302
2016
€1k
2017
€2k
2018
€4k
2019
€3k
2020
€550
2021
€3k
2022
€6k
2023
€27k
2024
€3k
2025
€189k
Equity
At closing date
2006
€842k
2007
€925k
2008
€1,1M
2009
€1,1M
2010
€1,2M
2011
€1,3M
2012
€1,4M
2013
€1,4M
2014
€1,4M
2015
€1,4M
2016
€1,4M
2017
€321k
2018
€326k
2019
€329k
2020
€329k
2021
€332k
2022
€339k
2023
€365k
2024
€369k
2025
€558k
Average FTE
Full-time equivalents
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 03 Jun 2026
Line item20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross operating margin€ 13.885€ 58.775€ 15.623€ 16.309€ 17.306€ 19.394€ 23.167€ 24.878€ 31.305€ 50.181€ 50.391€ 15.337€ 51.947€ 115.600€ 153.501€ 152.094€ 70.018€ 163.502€ 159.168€ 91.130
Personnel costs€ -41.870€ -37.278€ -4.339
Depreciation€ -8.024€ -8.024€ -8.327€ -18.094€ -29.941€ -30.881€ -24.312€ -17.606€ -17.619€ -6.971€ -5.743€ -8.033€ -10.089€ -9.348€ -11.887
Operating result€ -40.858€ 6.622€ -20€ 10.159€ 6.639€ 2.170€ 7.163€ 7.775€ 3.552€ 11.719€ 7.743€ -20.614€ 24.813€ 88.027€ 126.796€ 107.044€ 22.471€ 82.210€ 92.562€ 74.412
Financial income€ 182€ 34€ 162€ 345€ 1.097€ 3.118€ 11.069€ 11.610€ 15.692€ 11.381€ 10.797€ 38.693€ 25.570€ 20.801
Financial charges€ -1.238€ -1.568€ -643€ -969€ -590€ -877€ -664€ -720€ -4.633€ -630€ -523€ -349€ -501€ -1.079€ -1.249
Result before tax€ 1.115€ 5.629€ 7.132€ 2.761€ 11.475€ 8.301€ 9.950€ 124.814€ 95.004€ 141.858€ 117.902€ 32.919€ 167.454€ 117.053€ 93.964
Income taxes€ -565€ -2.642€ -2.757€ -848€ -10.328€ -7.998€ -1.225€ -24.898€ -18.455€ -28.960€ -15.076€ -39.815€ -33.923€ -18.907
Net result€ 189.405€ 3.415€ 26.954€ 6.059€ 3.257€ 550€ 2.987€ 4.374€ 1.914€ 1.147€ 302€ 8.724€ 99.916€ 76.549€ 112.898€ 102.825€ 32.919€ 127.639€ 83.130€ 75.057
Balance sheet
Total assets€ 1.869.533€ 1.668.186€ 1.633.203€ 1.576.093€ 1.725.906€ 1.707.399€ 1.550.347€ 1.666.537€ 1.672.401€ 1.573.211€ 1.609.267€ 1.600.896€ 1.621.048€ 1.686.534€ 1.639.286€ 1.601.197€ 1.410.897€ 1.288.286€ 1.157.089€ 1.040.675
Receivables ≤ 1 year€ 10.812€ 32.967€ 11.985€ 15.880€ 456€ 4.278€ 2.508€ 3.723€ 2.615€ 21.241€ 125.292€ 47.725€ 45.436€ 35.268€ 102.419
Cash & equivalents€ 1.767.892€ 1.541.302€ 1.108.749€ 1.074.346€ 1.064.249€ 1.578.229€ 1.389.918€ 1.520.473€ 1.513.841€ 1.416.187€ 1.423.587€ 1.400.439€ 1.443.409€ 1.495.287€ 1.454.963€ 1.309.992€ 547.560€ 420.339€ 88.983€ 93.989
Equity€ 558.313€ 368.908€ 365.493€ 338.539€ 332.480€ 329.223€ 328.673€ 325.687€ 321.313€ 1.370.807€ 1.369.660€ 1.369.358€ 1.360.633€ 1.377.541€ 1.300.992€ 1.188.094€ 1.085.268€ 1.052.349€ 924.710€ 841.580
Amounts payable€ 1.196.176€ 1.039.673€ 1.158.850€ 1.169.088€ 20.403€ 57.607€ 49.538€ 78.415€ 126.994€ 156.294€ 243.103€ 185.629€ 125.936€ 182.379€ 199.095
Workforce
Average FTE

HOA portfolio 3 HOAs

VME Address Municipality Region
Flanders
Flanders
Flanders
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