{
 "as_of": "2026-11-11",
 "cmr": "be-cm-kg/XBRU/BE0003878957",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# VGP (Euronext Brussels: BE0003878957) — research page\n\nAs of 2026-11-11 · be-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is VGP, listed on Euronext Brussels under ticker BE0003878957, with ISIN BE0003878957 and LEI 315700NENYPIXFR94T49. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 22 filings in the twelve months to 2026-11-11, across 14 filing days. The median gap between filing days is 17 days. The latest filing is dated 2026-11-05 and is of type Quarterly information, 6 days before the record date. The exchange median for Euronext Brussels is 19.0 days of cadence across 115 issuers, with a median of 13 filings and a median latency of 21.5 days. The sector median is not on the record.\n\n## Auditor\n\nThe auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.\n\n## Events and halts\n\nThe record carries no listing, delisting, name change, domicile change or segment move lines, because no lifecycle type map exists yet for this register. The issuer is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable: the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 11 research houses: ABN AMRO – ODDO BHF, Bernstein Société Générale Group, DeGroof Petercam, Deutsche Bank, Green Street Advisors, ING, Jeffries, JPMorgan, KBC, Kepler Cheuvreux and Kempen.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe vintage is not sealed. No sealed years hold the issuer, no market earliest sealed date is recorded, and no live record start date is recorded.\n\n## Sources\n\n7 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://firds.esma.europa.eu/firds/ (identity.exchange)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.be-cm-kg.ai/events/XBRU/BE0003878957 (the disclosure lines)\n- https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current) (the halt flag)\n- https://be.eu-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.vgpparks.eu/investors/vgp-share/ (coverage)\n- https://mcp.be-cm-kg.ai/record/XBRU/BE0003878957 (the record)\n",
 "market": "BE",
 "node": "be-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the BE vintage is not sealed; the record is the live record as of 2026-11-11",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "BE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "BE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "be-cm-kg/XBRU/BE0003878957",
  "coverage": {
   "count": 11,
   "houses": [
    {
     "analyst": "Steven Boumans",
     "house": "ABN AMRO – ODDO BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Marios Pastou",
     "house": "Bernstein Société Générale Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Vivien Maquet",
     "house": "DeGroof Petercam",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Rothaeusler",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Edoardo Gili",
     "house": "Green Street Advisors",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Francesca Ferragina / Michiel Vereycken",
     "house": "ING",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Pierre-Emmanuel Clouard",
     "house": "Jeffries",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Neil Green",
     "house": "JPMorgan",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "house": "KBC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "Frederic Renard",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    },
    {
     "analyst": "John Vuong",
     "house": "Kempen",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://www.vgpparks.eu/investors/vgp-share/",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.vgpparks.eu/investors/vgp-share/",
     "result": "read: 11 of 23 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 115,
     "median_cadence_gap_days": 19,
     "median_filings": 13,
     "median_latency_days": 21.5,
     "name": "Euronext Brussels"
    },
    "sector": {
     "market": "BE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "Announcement of change in denominator or in thresholds": 5,
    "Announcement of notification of major shareholding": 1,
    "Annual announcement": 1,
    "Annual financial report": 1,
    "Half-yearly financial report": 1,
    "Inside information": 5,
    "Minutes of extraordinary general meeting": 1,
    "Minutes of ordinary general meeting": 1,
    "Notice of extraordinary general meeting": 1,
    "Notice of ordinary general meeting": 1,
    "Quarterly information": 2,
    "Special report drawn up in relation to authorized capital": 2
   },
   "cadence_median_gap_days": 17,
   "filing_days": 14,
   "filings": 22,
   "latency_days": 6,
   "latest": [
    {
     "category": "Quarterly information",
     "date": "2026-11-05",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=d36366da-7905-4b98-af33-75dce2372e63",
     "title": "2026.11.04_VGP-Trading-update-November-2026-EN.pdf",
     "type": "Quarterly information"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-11-02",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=4ab40e58-c0cd-4cf6-baad-f925520729a5",
     "title": "VGP_Disclosure-Transparency-Law_Voting-rights-and-denominator_ENG_31.10.2026.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-08-31",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=327af65e-ad76-442a-9cdf-73434356a6ac",
     "title": "Voting Right and Denominator Aug 26.pdf",
     "type": "Announcement of change in denominator or in thresholds"
    },
    {
     "category": "Half-yearly financial report",
     "date": "2026-08-20",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=726acc57-fea6-4401-9308-f7cd975cf476",
     "title": "VGP_Press_Release_H1 26_ENG.pdf",
     "type": "Half-yearly financial report"
    },
    {
     "category": "Announcement of change in denominator or in thresholds",
     "date": "2026-07-31",
     "source": "https://webapi.fsma.be/api/v1/en/stori/download?fileDataId=8fd5889f-6dbb-48cd-80fc-254289278b45",
     "title": "20260731-VGP_Update N (31 07 26)_Art. 15 (UK).pdf",
     "type": "Announcement of change in denominator or in thresholds"
    }
   ],
   "latest_filing_date": "2026-11-05",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003878957",
   "window": {
    "from": "2025-11-11",
    "to": "2026-11-11"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "Euronext Brussels"
   },
   "isin": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003878957"
   },
   "jurisdiction": {
    "market": "BE",
    "state": "not_on_record"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-12",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN BE0003878957)",
    "state": "sourced",
    "value": "315700NENYPIXFR94T49"
   },
   "name": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "VGP"
   },
   "sector": {
    "market": "BE",
    "state": "not_on_record"
   },
   "security_type": {
    "market": "BE",
    "state": "not_on_record"
   },
   "segment": {
    "market": "BE",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "eu-sources/be/roster.py (FIRDS https://registers.esma.europa.eu/solr/esma_registers_firds_files/select)",
    "read_date": "2026-11-11",
    "read_date_basis": "the record version as_of",
    "source": "https://firds.esma.europa.eu/firds/ (ESMA FIRDS FULINS_E 2026-11-07: FULINS_E_20261107_01of02.zip, FULINS_E_20261107_02of02.zip)",
    "state": "sourced",
    "value": "BE0003878957"
   },
   "website": {
    "market": "BE",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "listing": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "name_change": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "BE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "BE",
  "node": "be-cm-kg",
  "numbers_hash": "sha256:fd579ddcd5c6f1c7d1088b2186e7ef7462c3ca7988382b7d90e43c4913869824",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://be.eu-cm-kg.ai/book/aio.json",
    "door": "https://be.eu-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/be/mifid-ii-product-governance/r1",
   "section": "be.aio.v6"
  },
  "record": {
   "as_of": "2026-11-11",
   "url": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003878957",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-12",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:fd579ddcd5c6f1c7d1088b2186e7ef7462c3ca7988382b7d90e43c4913869824",
 "path": "/be/XBRU/BE0003878957",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is VGP, listed on Euronext Brussels under ticker BE0003878957, with ISIN BE0003878957 and LEI 315700NENYPIXFR94T49. Its security type, segment, sector and jurisdiction are not on the record. Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 22 filings in the twelve months to 2026-11-11, across 14 filing days. The median gap between filing days is 17 days. The latest filing is dated 2026-11-05 and is of type Quarterly information, 6 days before the record date. The exchange median for Euronext Brussels is 19.0 days of cadence across 115 issuers, with a median of 13 filings and a median latency of 21.5 days. The sector median is not on the record.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record, and neither is its location. The market's record does not carry auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record carries no listing, delisting, name change, domicile change or segment move lines, because no lifecycle type map exists yet for this register. The issuer is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable: the chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/be/mifid-ii-product-governance/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 11 research houses: ABN AMRO – ODDO BHF, Bernstein Société Générale Group, DeGroof Petercam, Deutsche Bank, Green Street Advisors, ING, Jeffries, JPMorgan, KBC, Kepler Cheuvreux and Kempen.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The vintage is not sealed. No sealed years hold the issuer, no market earliest sealed date is recorded, and no live record start date is recorded.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "7 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://firds.esma.europa.eu/firds/"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.be-cm-kg.ai/events/XBRU/BE0003878957"
  },
  {
   "for": "the halt flag",
   "source": "https://live.euronext.com/en/ajax/haltedInstrument/getAjax/current (page: https://live.euronext.com/en/resources/market-events/suspended/current)"
  },
  {
   "for": "the orderability chapter",
   "source": "https://be.eu-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.vgpparks.eu/investors/vgp-share/"
  },
  {
   "for": "the record",
   "source": "https://mcp.be-cm-kg.ai/record/XBRU/BE0003878957"
  }
 ],
 "title": "VGP (BE0003878957) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}