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

Source: NBB annual accounts (2012-2025). Amounts in euros.

View at NBB →
💶
€ 75.868
Gross margin · 2025
▼ 0,5% vs 2024
📈
€ 12.074
Net result · 2025
▼ 28% vs 2024
🏦
€ 591.059
Equity · 2025
▲ 2,1% vs 2024
👥
-
Avg FTE · 2025
Revenue (gross margin)
Year-on-year evolution
2012
€50k
2013
€28k
2014
€32k
2015
€45k
2016
€200k
2017
€64k
2018
€47k
2019
€215k
2020
€39k
2021
€59k
2022
€43k
2023
€62k
2024
€76k
2025
€76k
Net result
After tax
2012
€-6k
2013
€-15k
2014
€182k
2015
€9k
2016
€158k
2017
€-22k
2018
€-20k
2019
€103k
2020
€-31k
2021
€-9k
2022
€-11k
2023
€-56k
2024
€17k
2025
€12k
Equity
At closing date
2012
€244k
2013
€229k
2014
€411k
2015
€420k
2016
€579k
2017
€568k
2018
€548k
2019
€669k
2020
€638k
2021
€629k
2022
€618k
2023
€562k
2024
€579k
2025
€591k
Average FTE
Full-time equivalents
-
Income statement & balance sheet
Consolidated from published XBRL filings.
Show recent years onlyApproved 30 Jun 2026
Line item20252024202320222021202020192018201720162015201420132012
Income statement
Gross operating margin€ 75.868€ 76.269€ 62.283€ 43.377€ 58.853€ 39.207€ 215.099€ 46.711€ 63.820€ 199.887€ 44.840€ 32.040€ 27.898€ 50.470
Personnel costs--------------
Depreciation-----€ -61.778€ -55.913€ -57.604€ -68.423€ -26.717€ -27.005€ -26.472€ -27.776€ -35.031
Operating result€ 12.151€ 12.382€ -59.251€ -13.342€ -12.458€ -33.309€ 148.310€ -21.744€ -23.260€ 164.025€ 8.927€ -3.822€ -9.456€ 585
Financial income-----€ 697€ 180€ 814€ 255€ 393€ 1.092€ 938€ 326€ 137
Financial charges-----€ -2.575€ -1.343€ -1.785€ -1.866€ -1.374€ -695€ -9.416€ -6.178€ -6.888
Result before tax-----€ -35.187€ 147.147€ -22.715€ -24.872€ 163.045€ 9.324€ 267.938€ -15.309€ -6.167
Income taxes-------€ -2-----€ 5
Net result€ 12.074€ 16.775€ -55.997€ -10.609€ -9.227€ -31.302€ 102.814€ -19.956€ -21.699€ 158.455€ 9.324€ 182.054€ -15.309€ -6.161
Balance sheet
Total assets€ 962.673€ 998.639€ 1.027.908€ 899.874€ 954.734€ 1.011.991€ 1.108.440€ 979.974€ 1.036.311€ 1.072.783€ 532.578€ 545.909€ 404.845€ 430.810
Receivables ≤ 1 year-----€ 4.889€ 17.812€ 8.896€ 1.619€ 13.347€ 12.930€ 10.448€ 10.759€ 20.756
Cash & equivalents€ 63.751€ 73.457€ 54.681€ 138.189€ 160.110€ 167.709€ 247.321€ 24.323€ 38.422€ 170.715€ 206.386€ 207.933€ 17.486€ 3.600
Equity€ 591.059€ 578.985€ 562.210€ 618.207€ 628.816€ 638.043€ 669.345€ 548.331€ 568.287€ 578.659€ 420.205€ 410.881€ 228.826€ 244.135
Amounts payable-----€ 278.488€ 339.750€ 358.431€ 392.050€ 403.650€ 26.490€ 49.145€ 176.019€ 186.675
Workforce
Average FTE--------------

HOA portfolio 1 HOAs

VME Address Municipality Region
Flanders
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