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52
Total HOAs
27 direct + 25 via acquisitions
2
Regions
11
Municipalities
Flanders 1 Brussels 0 Wallonia 51
Professional syndic
Personal syndic
Syndic office
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📊 Key financials

Source: NBB annual accounts (2019-2025). Amounts in euros.

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💶
€ 130.771
Gross margin · 2025
▲ 226,9% vs 2024
📈
€ -107.428
Net result · 2025
▼ 446,4% vs 2024
🏦
€ 226.217
Equity · 2025
▼ 32,2% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2019
€-3k
2020
€-1k
2021
€-1k
2022
€-1k
2023
€-1k
2024
€40k
2025
€131k
Net result
After tax
2019
€326k
2020
€-2k
2021
€-2k
2022
€3k
2023
€4k
2024
€-20k
2025
€-107k
Equity
At closing date
2019
€351k
2020
€349k
2021
€346k
2022
€349k
2023
€353k
2024
€334k
2025
€226k
Average FTE
Full-time equivalents
-
Income statement & balance sheet
Consolidated from published XBRL filings.
Show 2 earlier yearsApproved 26 Jun 2026
Line item20252024202320222021
Income statement
Gross operating margin€ 130.771€ 40.006€ -1.295€ -1.295€ -1.286
Personnel costs€ -132.227€ -37.645---
Depreciation-----
Operating result€ -86.758€ -14.912€ -1.680€ -1.642€ -1.633
Financial income-----
Financial charges-----
Result before tax-----
Income taxes-----
Net result€ -107.428€ -19.661€ 3.924€ 2.885€ -2.114
Balance sheet
Total assets€ 926.520€ 937.249€ 432.162€ 427.533€ 424.190
Receivables ≤ 1 year-----
Cash & equivalents€ 31.120€ 75.671€ 5.162€ 2.533€ 4.190
Equity€ 226.217€ 333.645€ 353.306€ 349.382€ 346.498
Amounts payable-----
Workforce
Average FTE-----

📂 Transactions & consolidations

Related entity Type Date Description Actions
Absorption
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HOA portfolio 52 HOAs

VME Address Municipality Region
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