profit from every €100 of sales.
€0€100
Wereldhave Belgium
€50.80-2.31% today
-1.9% since Dec 23, 25
1-year low €49.301-year high €57.40
Trading in the middle of its range for 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 €13.71 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 Wereldhave Belgium sold, what it kept, and what it did with the cash.
Sales went from €72.2 million in 2022 to €97.0 million in 2025, with €42.4 million of profit last year.
SalesProfit
Wereldhave Belgium handed back 28% of the cash it generated last year.
€17M
Free cash flow 2025€60M
Bought back its own shares–
Paid as dividends€17M
Cash vs. debt€26M vs. €396M
Wereldhave Belgium vs. similar companies
Wereldhave Belgium grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from €100 of sales | Sales growth a year | Price per €1 of profit |
|---|---|---|---|
| Wereldhave Belgium | 13.7× · Cheap | ||
 Simon Property Group | 19.1× · Fair price | ||
 Realty Income | 53.0× · Expensive | ||
 Kimco Realty | 29.0× · Fair price | ||
 Unibail-Rodamco-Westfield | 10.6× · Cheap |
AI analysis
An AI analyst reads Wereldhave Belgium'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 |
|---|---|---|---|---|
| 72 | 79 | 81 | 97 | |
| 60 | 62 | 66 | 77 | |
| 48 | 50 | 52 | 62 | |
| 61 | 43 | 89 | 61 | |
| 55 | 29 | 72 | 42 | |
| 5.12 | 2.69 | 7.76 | – | |
| 82.5% | 77.7% | 81.1% | 79.4% | |
| 66.0% | 62.7% | 64.3% | 64.2% | |
| 76.5% | 36.8% | 88.8% | 43.7% |
Balance sheet
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 993 | 1,015 | 1,047 | 1,296 |
| Cash | 10 | 18 | 9 | 26 |
| Total debt | 257 | 278 | 274 | 396 |
| Total liabilities | 291 | 321 | 318 | 461 |
| 702 | 694 | 729 | 835 | |
| 11 | 11 | 9 | – | |
| 5.0% | 3.5% | 7.0% | 3.9% | |
| 7.9% | 4.2% | 9.9% | 5.1% |
Cash flow
| In millions of EUR | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 49 | 64 | 49 | 60 | |
| 0 | 0 | 0 | 0 | |
| 49 | 64 | 49 | 60 | |
| Dividends paid | 25 | 37 | 36 | 17 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 13.7×
- –
- –
- 0.7×
- 6.0×
- 9.7×
- 15.5×
- 10.3%
- 7.3%
- 2.9%
Profitability
- 79.4%
- 64.2%
- 43.7%
- –
- 3.7%
- 4.6%
- –
- –
- –
- –
Growth
- +10.4%
- –
- –
- –
- −4.0%
Financial health
- 6.0×
- 0.47
- –
- 3.6×
- 0.54
- –
- –
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.
Bottom 40%of 743
Top 19%of 749
Top 41%of 663
Top 37%of 759
Top 21%of 759
2.9%of the share price, paid each year
On $1,000 invested$29a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
40.2% of its profit
Room to growStretchedMore than it earns: 28.4%
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 Wereldhave Belgium
Is Wereldhave Belgium 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 Wereldhave Belgium AI analysis
What does Wereldhave Belgium do?
Wereldhave Belgium is a Belgian regulated real estate company (GVV/SIR) with a retail portfolio of more than 1.2 billion euros. The portfolio includes shopping centers, retail parks, and offices in Belgium and the Grand Duchy of Luxembourg. It is in REIT - Retail, based in Vilvoorde, Belgium, with 72 employees.
Does Wereldhave Belgium pay a dividend?
Yes. At today's price the dividend is 2.9% a year, about 40% of its yearly profit. In 2025 it paid out €17.0 million in dividends.
Is Wereldhave Belgium stock halal?
No. Wereldhave Belgium does not pass our halal screen: its debt is 68% of its market value, at or above the 33% limit. How we check
Who are Wereldhave Belgium'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 Wereldhave Belgium's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.