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Vgp N.V. (VGP.BR)

EUR83.00 +0.90 (+1.10%)
BE BRU Real Estate REIT - Industrial
Address Generaal Lemanstraat 55 box 4 2018
Antwerp, ANT, BE
CEO Jan Van Geet
Website vgpparks.eu
IPO 2007-12-04
ISIN BE0003878957

Explore sections of this company profile

Also trades on Euronext Brussels · VGP.BR (EUR) London Stock Exchange · 0HM0.L (EUR) Other OTC · VGPBF (USD)
Description

VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. The company leases its properties to tenants in the logistic sector, including storing, assembling, re-conditioning, and final treatment of goods. It also provides property management services; asset management services related to corporate administration, financing, business planning, reporting, budgeting, management of tax and legal affairs, controlling, etc.; and project management services. In addition, the company offers facility management and leasing services; facility management services, such as maintenance, waste management, and greenery maintenance services; and other services comprising green energy generated through roof-fixed solar panels, smart energy management, and green electric charging facilities and infrastructure. It operates in Germany, Austria, the Netherlands, Spain, Portugal, Italy, the Czech Republic, the Slovak Republic, Hungary, Romania, Latvia, Croatia, France, Denmark, Serbia, Slovakia, and the United Kingdom. VGP NV was founded in 1998 and is headquartered in Antwerp, Belgium.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR83.00 +0.90 (+1.10%)
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Volume Profile
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Liquidity & share structure
Average Volume
24.3K
Beta
1.42
Float Shares
14.78M
Free Float %
48.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.71% +3.46% -4.01% -23.82% -19.11% -14.92% -1.30% -9.36% -42.75% +141.08% +11,049.84%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
83.00
DCF (Unlevered) 297.50 +258.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 55% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 5 +1
Hold 3 0
Sell 0 0
Strong Sell 2 0
Quality scores
Altman Z-Score
1.45
Distress
Piotroski F-Score
4 / 9
Average
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
  • ✓
    Revenue growth
    +39.4% Q4'25: +50.3% (vs Q4'23)
  • ✓
    EPS growth
    +1.1% Q4'25: +108.8% (vs Q4'23)
  • —
    FCF margin
    — Q4'25: +94.3% (vs Q4'23)
  • —
    EBIT margin
    — Q4'25: +462.4% (vs Q4'23)
  • —
    ROIC
    — Q4'25: +24.5% (vs Q4'23)
  • ✓
    Share dilution
    +0.0% Q4'25: +0.0% (vs Q4'23)
  • ✓
    Debt / EBITDA
    5.87× Q4'25: 1.80× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.44) × ERP
WACC = 49% × Ke + 51% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 297.50 Current price: 83.00
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2008
actual 		Dec 2016
actual 		Dec 2017
actual 		Dec 2018
actual 		Dec 2019
actual 		Dec 2020
actual 		Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
2 Rev. Ana.
6 EPS Ana. 		Dec 2027
2 Rev. Ana.
5 EPS Ana. 		Dec 2028
2 Rev. Ana.
4 EPS Ana. 		Dec 2029
1 Rev. Ana.
2 EPS Ana.
Revenue
14.53M
est: 11.28M (+28.8%)
24.74M
est: 25.00M (-1.0%)
25.10M
est: 36.06M (-30.4%)
71.81M
est: 27.15M (+164.5%)
27.80M
est: 37.30M (-25.5%)
31.46M
est: 56.83M (-44.6%)
46.41M
est: 66.00M (-29.7%)
88.29M
est: 122.69M (-28.0%)
120.20M
est: 195.04M (-38.4%)
125.53M
est: 208.55M (-39.8%)
174.91M
est: 75.10M (+132.9%)
269.73M
259.27M – 280.19M
+259.2% YoY
298.67M
274.28M – 323.06M
+10.7% YoY
331.39M
330.23M – 332.54M
+11.0% YoY
369.37M
346.71M – 392.02M
+11.5% YoY
EBITDA
45.33M
est: 3.45M (+1,214.1%)
5.96M
est: 7.65M (-22.0%)
4.01M
est: 11.03M (-63.7%)
-11.03M
est: 8.31M (-232.8%)
4.65M
est: 11.41M (-59.3%)
-8.23M
est: 17.39M (-147.3%)
-17.95M
est: 20.19M (-188.9%)
32.07M
est: 37.53M (-14.6%)
97.92M
est: 108.88M (-10.1%)
370.99M
est: 116.42M (+218.7%)
402.00M
est: 41.92M (+859.0%)
150.57M
144.73M – 156.41M
+259.2% YoY
166.72M
153.11M – 180.34M
+10.7% YoY
184.99M
184.34M – 185.63M
+11.0% YoY
206.19M
193.54M – 218.84M
+11.5% YoY
EBIT
45.15M
est: 2.96M (+1,426.8%)
5.82M
est: 6.56M (-11.2%)
133.62M
est: 9.46M (+1,312.9%)
154.01M
est: 7.12M (+2,063.1%)
255.88M
est: 9.78M (+2,516.1%)
-10.30M
est: 14.90M (-169.1%)
-20.38M
est: 17.31M (-217.7%)
27.59M
est: 32.18M (-14.3%)
92.00M
est: 102.93M (-10.6%)
362.38M
est: 110.06M (+229.3%)
391.27M
est: 39.63M (+887.2%)
142.35M
136.83M – 147.87M
+259.2% YoY
157.62M
144.75M – 170.49M
+10.7% YoY
174.89M
174.28M – 175.50M
+11.0% YoY
194.93M
182.97M – 206.89M
+11.5% YoY
Net Income
28.56M
est: 52.10M (-45.2%)
91.29M
est: -6.41M (+1,524.2%)
96.00M
est: 92.54M (+3.7%)
121.11M
est: 76.00M (+59.4%)
205.61M
est: 84.99M (+141.9%)
370.94M
est: 267.30M (+38.8%)
650.06M
est: 344.40M (+88.7%)
-122.54M
est: -241.02M (+49.2%)
87.29M
est: 194.17M (-55.0%)
286.99M
est: 325.98M (-12.0%)
290.44M
est: 136.93M (+112.1%)
142.76M
92.03M – 193.49M
+4.3% YoY
150.94M
89.40M – 212.48M
+5.7% YoY
150.62M
120.90M – 180.35M
-0.2% YoY
141.74M
130.44M – 153.04M
-5.9% YoY
SGA
1.75M
est: 6.30M (-72.3%)
15.45M
est: 13.98M (+10.5%)
19.15M
est: 5.05M (+278.9%)
17.95M
est: 7.17M (+150.4%)
18.10M
est: 7.68M (+135.6%)
29.30M
est: 14.25M (+105.6%)
52.11M
est: 18.36M (+183.8%)
33.96M
est: 38.02M (-10.7%)
16.82M
est: 77.18M (-78.2%)
27.16M
est: 82.53M (-67.1%)
20.07M
est: 29.72M (-32.5%)
106.74M
102.60M – 110.88M
+259.2% YoY
118.19M
108.54M – 127.84M
+10.7% YoY
131.14M
130.68M – 131.60M
+11.0% YoY
146.17M
137.20M – 155.14M
+11.5% YoY
EPS
1.43
est: 1.91 (-25.1%)
4.91
est: -0.23 (+2,190.6%)
5.17
est: 5.16 (+0.3%)
6.52
est: 2.42 (+169.5%)
10.39
est: 4.40 (+136.3%)
17.46
est: 11.37 (+53.5%)
29.51
est: 2.44 (+1,107.3%)
-5.49
est: 1.53 (-457.7%)
3.20
est: 7.11 (-55.0%)
10.52
est: 4.00 (+163.2%)
10.64
est: 4.80 (+121.5%)
4.82
3.37 – 7.09
+0.4% YoY
5.20
3.28 – 7.79
+7.9% YoY
5.58
4.43 – 6.61
+7.3% YoY
5.19
4.78 – 5.61
-7.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 1/5 4/5 5/5 3/5 3/5 3/5
2026-05-28 B+ 3/5 1/5 4/5 5/5 3/5 3/5 3/5
2026-05-27 B+ 3/5 1/5 4/5 5/5 3/5 3/5 3/5
2026-05-26 B+ 3/5 1/5 4/5 5/5 3/5 3/5 3/5
2026-05-25 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-22 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-21 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-20 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-19 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-18 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-15 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-14 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-13 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-12 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-11 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-08 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-07 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-06 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-05 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-04 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-04-30 B+ 3/5 1/5 4/5 5/5 2/5 4/5 3/5
2026-04-29 B+ 3/5 1/5 4/5 5/5 2/5 4/5 3/5
2026-04-28 B+ 3/5 1/5 4/5 5/5 2/5 4/5 3/5
2026-04-27 B+ 3/5 1/5 4/5 5/5 2/5 4/5 3/5
2026-04-24 B+ 3/5 1/5 4/5 5/5 2/5 4/5 3/5
2026-04-23 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5
2026-04-22 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5
2026-04-21 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5
2026-04-20 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5
2026-04-17 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5
2026-04-16 B+ 3/5 1/5 4/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
164.26M
OE per share TTM
6.02
Owner's Yield
7.18%
Maintenance CapEx ratio
17.12%
Maint CapEx / Avg PPE
81.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 103 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares European Property Yield UCITS ETF IPRP.L 0.84% 8.26M 0.40%
2 iShares European Property Yield UCITS ETF IPRE.DE 0.84% 1.90M 0.40%
3 iShares MSCI Belgium ETF EWK 0.84% 1.34M 0.49%
4 Xtrackers FTSE Developed Europe ex UK Real Estate UCITS ETF 1C XREA.DE 0.79% 174.2K 0.33%
5 State Street SPDR FTSE EPRA Europe ex UK Real Estate UCITS ETF (Acc) ZPRP.DE 0.76% 1.14M 0.30%
6 Amundi MSCI EMU Small Cap ESG Broad Transition UCITS ETF Dist MMS.PA 0.66% 4.67M 0.40%
7 Xtrackers FTSE Developed Europe Real Estate UCITS ETF 1C XDER.L 0.56% 4.43M 0.33%
8 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA 0.27% 913.9K 0.23%
9 Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE 0.27% 913.9K 0.23%
10 FlexShares Global Quality Real Estate Index Fund GQRE 0.24% 993.1K 0.46%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
9.1K
Shares Outstanding
30.35M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jan Van Geet Founder, Chief Executive Officer & Executive Director 1M male
Jonathan Watkins Chief Operational Officer — male
Karen Huybrechts Head of Marketing — —
Martijn Vlutters Vice President of Business Development & Investor Relations — male
Matthias Sander Chief Operational Officer — male
Miquel-David Martinez Chief Technical Officer of Eastern Europe — male
Piet Van Geet Chief Financial Officer & Secretary — male
Rolf Carls Chief Technical Officer of Eastern Europe — male
Tomas Van Geet Chief Commercial Officer — male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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