profit from every €100 of sales.
€0€100
VGP NV
€64.70-1.97% today
-34.4% since Dec 21, 25
1-year low €60.601-year high €111.00
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.
0%20% a year
You pay €6.76 for every €1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What VGP NV sold, what it kept, and what it did with the cash.
Sales went from €88.3 million in 2022 to €175 million in 2025, with €290 million of profit last year.
SalesProfit
VGP NV handed back more cash to shareholders than it generated last year.
€90M
Free cash flow 2025€51M
Bought back its own shares–
Paid as dividends€90M
Cash vs. debt€523M vs. €2.4B
VGP NV vs. similar companies
VGP NV 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 |
|---|---|---|---|
| VGP NV | 6.8× · Cheap | ||
 Sumitomo Realty & Development | 16.6× · Fair price | ||
 KE Holdings | 43.8× · Expensive | ||
 Swire Properties | No profit yet | ||
 Cellnex Telecom | No profit yet |
AI analysis
An AI analyst reads VGP NV'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 |
|---|---|---|---|---|
| 88 | 120 | 126 | 175 | |
| 65 | 90 | 100 | 141 | |
| 28 | 42 | 37 | 77 | |
| -100 | 153 | 371 | 402 | |
| -123 | 87 | 287 | 290 | |
| -5.49 | 3.20 | 10.52 | 10.64 | |
| 73.1% | 75.2% | 79.9% | 80.5% | |
| 31.2% | 34.6% | 29.7% | 44.3% | |
| -138.8% | 72.6% | 228.6% | 166.0% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 4,846 | 4,411 | 4,654 | 5,204 |
| Cash | 699 | 210 | 493 | 523 |
| Total debt | 2,374 | 1,997 | 2,057 | 2,360 |
| Total liabilities | 2,644 | 2,196 | 2,254 | 2,603 |
| 2,202 | 2,214 | 2,400 | 2,601 | |
| 22 | 27 | 27 | 27 | |
| -1.8% | 2.8% | 6.4% | 6.2% | |
| -5.6% | 3.9% | 12.0% | 11.2% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -71 | -27 | 33 | 51 | |
| – | – | – | – | |
| -71 | -27 | 33 | 51 | |
| Dividends paid | 150 | 75 | 101 | 90 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 6.8×
- –
- –
- 0.9×
- 11.2×
- 38.6×
- 9.5×
- 2.6%
- 14.8%
- 4.6%
Profitability
- 80.5%
- 44.3%
- 166.0%
- –
- 5.9%
- 3.2%
- –
- –
- –
- –
Growth
- +25.6%
- –
- –
- –
- +6.9%
Financial health
- 4.6×
- 0.91
- –
- 7.4×
- 1.77
- –
- –
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.
Top 31%of 746
Top 45%of 752
Top 11%of 666
Top 13%of 762
Bottom 29%of 763
4.6%of the share price, paid each year
On $1,000 invested$46a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
31.0% of its profit
Room to growStretchedMore than it earns: 177.0%
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 VGP NV
Is VGP NV a good stock to buy?
A business with weak numbers, 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 VGP NV AI analysis
What does VGP NV do?
VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. The company operates through three segments: Investment, Property Development, and Renewable Energy. It is in Real Estate Services, based in Antwerp, Belgium, with 408 employees.
Does VGP NV pay a dividend?
Yes. At today's price the dividend is 4.6% a year, about 31% of its yearly profit. In 2025 it paid out €90.1 million in dividends.
Is VGP NV stock halal?
No. VGP NV does not pass our halal screen: its debt is 120% of its market value, at or above the 33% limit. How we check
Who are VGP NV's competitors?
The largest listed companies in the same industry are Sumitomo Realty & Development, KE Holdings, Swire Properties and Cellnex Telecom. The peers table on this page compares their profit, growth and price with VGP NV's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.