Business Segments VGP NV

Stocks

VGP

BE0003878957

Real Estate Development & Operations

Market Closed - Euronext Bruxelles 11:55:00 2026-09-11 EDT			5-day change	1st Jan Change
71.40 ^EUR	-0.28%		-9.96%	-27.51%

09-03	VGP NV - Analyst/Investor Day
08-28	Logistics Real Estate Manager VGP's Ratings Maintained by Fitch on Business Profile	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Operating Income: Breakdown by Business Segment

Geographical Revenue Distribution History

Breakdown by Business Segment (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Real Estate Operators And Lessors
Investment	17.62M	66.93M	91.63M	98.05M	139M
Total Assets	-	-	-	2.66B	2.89B
Gross Profit	17.4M	44.6M	64.24M	65.02M	81.87M
EBITDA	67.45M	122M	171M	204M	249M
D&A	28K	633K	698K	782K	819K
Operating Income	67.43M	122M	171M	204M	248M
Real Estate	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
	-	-	-	-	139M
Electric Power By Solar Energy
Renewable Energy	-	5.9M	4.36M	8.34M	12.27M
Total Assets	-	-	-	136M	148M
Gross Profit	-	5.54M	3.46M	5.96M	9.11M
EBITDA	-	3.91M	1.6M	5.39M	6.48M
D&A	-	1.32M	2.43M	4.7M	5.55M
Operating Income	-	2.6M	-829K	691K	932K
	-	-	-	-	12.27M
Intersegment Eliminations	-	-62K	-63K	-16K	-386K
Total Assets	-	-	-	464M	498M
	-	-	-	-	-386K
Operating Income	-5M	-	-	-1.75M	-
Real Estate Management Services
Property and Asset Management	21.3M	-	-	-	-
EBITDA	14.33M	-	-	-	-
D&A	74K	-	-	-	-
Operating Income	14.25M	-	-	-	-
Land Sub Dividers And Developers
Operating Income	550M	-115M	40.08M	142M	195M
D&A	2.33M	2.53M	2.79M	3.13M	4.36M
Gross Profit	-2M	-7.14M	-4.23M	-3.29M	-2.28M
EBITDA	552M	-112M	42.87M	145M	199M
Total Assets	-	-	-	1.4B	1.67B

Geographical breakdown of sales (EUR)

Fiscal Period: December	2021	2022	2023	2024	2025
Germany	42.44M	68.26M	38.15M	109M	114M
Total Assets	1.02B	1.36B	1.04B	2.56B	2.81B
CAPEX	-245M	-	-	-	-
Gross Profit	33.3M	61.28M	88.92M	97.19M	104M
Operating Income	-	-	-	-	-
EBITDA	318M	-60.53M	117M	162M	226M
Czech Republic	13.51M	18.89M	5.55M	25.14M	24.73M
Total Assets	239M	243M	184M	526M	565M
CAPEX	-65.28M	-	-	-	-
Gross Profit	12.53M	17.53M	21.5M	23.19M	23.68M
Operating Income	-	-	-	-	-
EBITDA	97.86M	26.36M	33.02M	43.87M	42.49M
Total Assets	-	-	-	-	-
Operating Income	-	-	-	-	-
Romania	3.23M	4.59M	5.72M	15.02M	21.4M
Total Assets	98.66M	125M	168M	297M	366M
CAPEX	-41.42M	-	-	-	-
Gross Profit	1.75M	3.37M	7.47M	15.65M	20.32M
Operating Income	-	-	-	-	-
EBITDA	3.12M	-6.15M	1.9M	17.4M	7.9M
Hungary	4.08M	5.12M	5.4M	12.59M	17.82M
Total Assets	93.23M	132M	192M	305M	358M
CAPEX	-40.55M	-	-	-	-
Gross Profit	3.55M	4.77M	6.77M	12.44M	17.28M
Operating Income	-	-	-	-	-
EBITDA	20.3M	4.07M	14.64M	23.28M	23.27M
Spain	6.27M	9.46M	1.27M	10.82M	15.2M
Total Assets	293M	215M	105M	431M	460M
CAPEX	-101M	-	-	-	-
Gross Profit	3.98M	7.6M	8.44M	8.1M	13.81M
Operating Income	-	-	-	-	-
EBITDA	49.14M	32.25M	8.23M	28.73M	22.68M
The Netherlands	3.44M	6.32M	1.29M	8.72M	10.02M
Total Assets	190M	160M	62.7M	210M	228M
CAPEX	-61.45M	-	-	-	-
Gross Profit	3.07M	5.28M	7.03M	7.15M	8.5M
EBITDA	68.18M	-1.04M	16.78M	16.03M	20.98M
Austria	663K	1.12M	968K	5.58M	9.95M
Total Assets	47.36M	116M	179M	250M	182M
CAPEX	-33.31M	-	-	-	-
Gross Profit	280K	964K	730K	5.32M	9.68M
EBITDA	26.36M	-12.29M	11.7M	3.92M	11.23M
Slovakia	2.06M	4.63M	4.64M	8.48M	8.06M
Total Assets	154M	179M	192M	210M	242M
CAPEX	-68.57M	-	-	-	-
Gross Profit	1M	4.94M	5.83M	8.04M	7.29M
Operating Income	-	-	-	-	-
EBITDA	40.04M	-10.05M	-5.55M	14.03M	13.05M
Italy	1.48M	2.71M	222K	3.12M	7.76M
Total Assets	78.77M	41.16M	48.34M	182M	184M
CAPEX	-35.25M	-	-	-	-
Gross Profit	744K	1.96M	2.08M	2M	6.26M
EBITDA	10.71M	20.62M	-77K	12.5M	27.78M
Latvia	2.89M	2.24M	5.42M	7.91M	6.43M
Total Assets	72.84M	93.54M	99.47M	106M	81.48M
CAPEX	-15.29M	-	-	-	-
Gross Profit	2.69M	1.01M	6.37M	9.23M	6.16M
EBITDA	2.56M	273K	5.36M	9.05M	6.46M
Serbia	4K	24K	23K	1.94M	6.29M
Total Assets	23.95M	24.24M	67.95M	109M	114M
CAPEX	-23.27M	-	-	-	-
Gross Profit	-51K	-524K	-250K	1.65M	5.62M
EBITDA	-213K	-1.34M	-1.13M	1.48M	8.2M
Total Assets	-	5.82M	6.25M	35.07M	85.46M
Gross Profit	-	-64K	-15K	-125K	228K
EBITDA	-	-94K	-248K	9.58M	-918K
Total Assets	-	34K	37K	156M	158M
Total Assets	-	6.46M	7.44M	803M	892M
Portugal	-	415K	352K	2.32M	3.79M
Total Assets	24.87M	38.06M	44.21M	94M	96.7M
CAPEX	-13.06M	-	-	-	-
Gross Profit	-228K	565K	858K	2.15M	3.23M
EBITDA	5.15M	10.25M	-7M	6.83M	13.76M
France	-	-	-	172K	1.16M
Total Assets	-	21.23M	97.4M	131M	183M
Gross Profit	-19K	-72K	1.22M	-941K	-1.02M
EBITDA	-19K	-1.07M	7.87M	-4.89M	22.4M
Denmark	-	-	-	-	305K
Total Assets	-	-	2.71M	25.87M	74.41M
Gross Profit	-	-	-24K	-204K	137K
EBITDA	-	-	-830K	4.99M	-1.21M
Total Assets	-	-	-	-	58.89M
Gross Profit	-	-	-	-	-171K
EBITDA	-	-	-	-	-6.32M
Estonia	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
Gross Profit	-	-	-	-	-
Operating Income	-	-	-	-	-
EBITDA	-	-	-	-	-
Other	-	-	-	-	-
Total Assets	-	117K	-	3.57M	4.15M
Gross Profit	8.12M	-1.48M	-1.89M	-1.49M	-1.37M
Operating Income	-	-	-	-	-
EBITDA	-6.96M	12.74M	14.36M	5.51M	17.28M