Vastned Retail Belgium (VASTB) — Cash Flow Quality Index

Latest as of December 2025: 0.79x

Vastned Retail Belgium (VASTB) has a Cash Flow Quality Index of 0.79x as of December 2025. Operating cash flow of €8.99 Million is below net income of €11.44 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Vastned Retail Belgium (VASTB) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.79x
Operating CF / Net Income

Operating Cash Flow

€8.99 Million
EUR

Net Income

€11.44 Million
EUR

Data as of

Dec 2025
Most recent filing

Vastned Retail Belgium Cash Flow Quality Index (2005–2025)

Historical Cash Flow Quality Index for Vastned Retail Belgium across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see VASTB cash generation efficiency.

Annual Cash Flow Quality Index for Vastned Retail Belgium (2005–2025)

Year-by-year earnings quality comparison for Vastned Retail Belgium.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 0.79x €38.84 Million €49.08 Million ▼ -13.1%
2024 0.91x €9.69 Million €10.64 Million ▼ -29.4%
2023 1.29x €14.57 Million €11.29 Million ▲ +24.7%
2022 1.03x €13.19 Million €12.75 Million ▼ -64.5%
2021 2.91x €14.16 Million €4.86 Million ▲ +34.5%
2019 2.17x €13.88 Million €6.41 Million ▲ +30.0%
2018 1.67x €15.37 Million €9.22 Million ▲ +373.5%
2017 0.35x €12.89 Million €36.63 Million ▼ -37.2%
2016 0.56x €12.68 Million €22.64 Million ▼ -9.1%
2015 0.62x €11.62 Million €18.87 Million ▲ +23.8%
2014 0.50x €13.04 Million €26.21 Million ▼ -42.1%
2013 0.86x €13.33 Million €15.53 Million ▲ +56.6%
2012 0.55x €14.22 Million €25.95 Million ▲ +76.6%
2011 0.31x €12.94 Million €41.69 Million ▼ -48.2%
2010 0.60x €13.74 Million €22.95 Million ▼ -10.0%
2009 0.67x €11.97 Million €18.00 Million ▲ +111.4%
2008 0.31x €8.89 Million €28.27 Million ▼ -28.9%
2007 0.44x €12.60 Million €28.46 Million ▼ -53.7%
2006 0.96x €11.76 Million €12.29 Million ▲ +64.9%
2005 0.58x €10.82 Million €18.66 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.