profit from every €100 of sales.

Vastned
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay €9.27 for every €1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Vastned sold, what it kept, and what it did with the cash.
Sales went from €18.6 million in 2022 to €70.5 million in 2025, with €49.1 million of profit last year.
Vastned vs. similar companies
Vastned grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
Vastned | 9.3× · Cheap | ||
Simon Property Group | 19.1× · Fair price | ||
Realty Income | 53.6× · Expensive | ||
Kimco Realty | 29.3× · Fair price | ||
Unibail-Rodamco-Westfield | 10.8× · Cheap |
AI analysis
An AI analyst reads Vastned's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 19 | 20 | 20 | 70 | |
| 16 | 17 | 17 | 60 | |
| 15 | 16 | 15 | 54 | |
| 17 | 15 | 14 | 76 | |
| 14 | 11 | 11 | 49 | |
| 2.85 | 2.22 | 2.10 | 3.04 | |
| 85.9% | 85.9% | 82.6% | 84.5% | |
| 78.8% | 79.6% | 75.9% | 76.5% | |
| 77.7% | 55.7% | 53.0% | 69.6% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 318 | 316 | 329 | 1,285 |
| Cash | 0 | 0 | 0 | 2 |
| Total debt | 81 | 78 | 101 | 494 |
| Total liabilities | 86 | 84 | 110 | 560 |
| 232 | 232 | 219 | 725 | |
| 5 | 5 | 5 | 19 | |
| 4.1% | 3.7% | 3.4% | 4.9% | |
| 6.2% | 4.9% | 4.9% | 6.8% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 13 | 15 | 10 | – | |
| 0 | 0 | 0 | – | |
| 13 | 14 | 9 | – | |
| Dividends paid | 11 | 11 | 24 | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 9.3×
- –
- 4.26
- 0.7×
- 6.5×
- –
- 12.5×
- –
- 10.8%
- –
Profitability
- 84.5%
- 76.5%
- 69.6%
- –
- 4.7%
- 3.8%
- –
- –
- –
- –
Growth
- +55.8%
- +2.2%
- –
- –
- +56.5%
Financial health
- –
- 0.68
- –
- 4.7×
- 0.18
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Vastned
Is Vastned a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Vastned AI analysis
What does Vastned do?
Vastned Retail N.V. is a European publicly listed property company focusing on the best property in the popular shopping areas of selected European cities with a historic city centre where shopping, living, working and leisure meet. It is in REIT - Retail, based in Amsterdam, Netherlands.
Is Vastned stock halal?
No. Vastned does not pass our halal screen: its debt is 109% of its market value, at or above the 33% limit. How we check
Who are Vastned's competitors?
The largest listed companies in the same industry are Simon Property Group, Realty Income, Kimco Realty and Unibail-Rodamco-Westfield. The peers table on this page compares their profit, growth and price with Vastned's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



