Vastned Retail Belgium (VASTB) - Total Assets
Based on the latest financial reports, Vastned Retail Belgium (VASTB) holds total assets worth €1.29 Billion EUR (≈ $1.50 Billion USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check Vastned Retail Belgium (VASTB) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Vastned Retail Belgium - Total Assets Trend (2000–2025)
This chart illustrates how Vastned Retail Belgium's total assets have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Vastned Retail Belgium to see how much of total assets are deployed in long-term investments.
Vastned Retail Belgium - Asset Composition Analysis
Current Asset Composition (December 2025)
Vastned Retail Belgium's total assets of €1.29 Billion consist of 0.9% current assets and 99.1% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.2% |
| Accounts Receivable | €9.15 Million | 0.7% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €0.00 | 0.0% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how Vastned Retail Belgium's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see VASTB market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vastned Retail Belgium's current assets represent 0.9% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, down from 0.5% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Vastned Retail Belgium Competitors by Total Assets
Key competitors of Vastned Retail Belgium based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Choice Properties Real Estate Investment Trust
TO:CHP-UN
|
Canada | CA$17.72 Billion |
|
Scentre Group
AU:SCG
|
Australia | AU$35.40 Billion |
|
CT Real Estate Investment Trust
TO:CRT-UN
|
Canada | CA$7.74 Billion |
|
Lotte Reit Co Ltd
KO:330590
|
Korea | ₩2.62 Trillion |
|
Plaza Retail REIT
TO:PLZ-UN
|
Canada | CA$1.28 Billion |
|
Ascencio (D)
BR:ASCE
|
Belgium | €807.88 Million |
|
Olimpo Real Estate SA
MC:YORE
|
Spain | €282.50 Million |
|
Tander Inversiones SOCIMI SA
MC:YTAN
|
Spain | €178.28 Million |
Vastned Retail Belgium - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.24 | 0.99 | 0.63 |
| Quick Ratio | 0.24 | 0.99 | 0.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-38.13 Million | €-89.00K | €-1.34 Million |
Vastned Retail Belgium - Advanced Valuation Insights
This section examines the relationship between Vastned Retail Belgium's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.63 |
| Latest Market Cap to Assets Ratio | 0.36 |
| Asset Growth Rate (YoY) | 290.9% |
| Total Assets | €1.29 Billion |
| Market Capitalization | $457.90 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vastned Retail Belgium's assets below their book value (0.36x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Vastned Retail Belgium's assets grew by 290.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Vastned Retail Belgium (2000–2025)
The table below shows the annual total assets of Vastned Retail Belgium from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | €1.29 Billion ≈ $1.50 Billion |
+290.92% |
| 2024-12-31 | €328.79 Million ≈ $384.39 Million |
+4.08% |
| 2023-12-31 | €315.90 Million ≈ $369.32 Million |
-0.74% |
| 2022-12-31 | €318.24 Million ≈ $372.06 Million |
+0.16% |
| 2021-12-31 | €317.75 Million ≈ $371.48 Million |
-4.72% |
| 2020-12-31 | €333.49 Million ≈ $389.89 Million |
-8.21% |
| 2019-12-31 | €363.31 Million ≈ $424.75 Million |
-2.97% |
| 2018-12-31 | €374.44 Million ≈ $437.76 Million |
-1.64% |
| 2017-12-31 | €380.67 Million ≈ $445.04 Million |
+7.86% |
| 2016-12-31 | €352.91 Million ≈ $412.59 Million |
+1.33% |
| 2015-12-31 | €348.28 Million ≈ $407.17 Million |
-3.90% |
| 2014-12-31 | €362.41 Million ≈ $423.70 Million |
-0.72% |
| 2013-12-31 | €365.03 Million ≈ $426.76 Million |
+0.58% |
| 2012-12-31 | €362.93 Million ≈ $424.31 Million |
-0.37% |
| 2011-12-31 | €364.27 Million ≈ $425.87 Million |
+9.31% |
| 2010-12-31 | €333.26 Million ≈ $389.61 Million |
-1.17% |
| 2009-12-31 | €337.22 Million ≈ $394.24 Million |
+0.69% |
| 2008-12-31 | €334.89 Million ≈ $391.52 Million |
+0.88% |
| 2007-12-31 | €331.98 Million ≈ $388.11 Million |
+15.51% |
| 2006-12-31 | €287.41 Million ≈ $336.01 Million |
-2.33% |
| 2005-12-31 | €294.27 Million ≈ $344.04 Million |
+113610045.93% |
| 2004-12-31 | €259.02 ≈ $302.82 |
-99.90% |
| 2003-12-31 | €259.75K ≈ $303.67K |
-99.89% |
| 2002-12-31 | €238.22 Million ≈ $278.50 Million |
+17.04% |
| 2001-12-31 | €203.53 Million ≈ $237.95 Million |
+12.99% |
| 2000-12-31 | €180.13 Million ≈ $210.59 Million |
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About Vastned Retail Belgium
Vastned Retail N.V. is a European publicly listed property company focusing on the best property in the popular shopping areas of selected European cities with a historic city centre where shopping, living, working and leisure meet. Vastned property clusters have a strong tenant mix of international and national retailers, food & beverage entrepreneurs, residential tenants, and office tenants. Th… Read more