INVIVO RETAIL SUPPLY CHAIN : revenue, balance sheet and financial ratios

INVIVO RETAIL SUPPLY CHAIN is a French company founded 24 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in ANGERS (49000), this company of category GE shows in 2025 a revenue of 49.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Historique financier - INVIVO RETAIL SUPPLY CHAIN (SIREN 440039840)
Kennzahl 2025 2024 2022 2021 2020 2017 2016
Umsatz 49 830 084 € 53 797 995 € 47 182 724 € 61 266 781 € 48 760 482 € 27 295 488 € 25 305 295 €
Nettoergebnis -3 993 139 € -4 595 751 € -1 532 120 € -85 291 € -1 776 916 € -65 802 € 48 974 €
EBITDA -5 927 443 € -5 186 827 € -3 885 013 € -83 090 € 452 482 € 207 658 € 262 831 €
Nettomarge -8.0% -8.5% -3.2% -0.1% -3.6% -0.2% 0.2%

Umsatz und Gewinn- und Verlustrechnung

In 2025, INVIVO RETAIL SUPPLY CHAIN achieves revenue of 49.8 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.8%. Slight decline of -7% vs 2024. After deducting consumption (37.6 M€), gross margin stands at 12.2 M€, i.e. a rate of 25%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -5.9 M€, representing -11.9% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -14%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -4.0 M€ (-8.0% of revenue), which will impact equity.

Umsatz (2025) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

49 830 084 €

Bruttomarge (2025) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

12 210 868 €

EBITDA (2025) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

-5 927 443 €

EBIT (2025) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

-3 507 151 €

Nettoergebnis (2025) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

-3 993 139 €

EBITDA-Marge (2025) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

-11.9%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at -132%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -54%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Verschuldungsgrad (2025) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

-131.515%

Finanzielle Autonomie (2025) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

-54.032%

Cashflow / Umsatz (2025) ?
Cashflow / Umsatz
Definition
Capacité d'autofinancement rapportée au chiffre d'affaires.
Formel
(CAF / CA) x 100
Interpretation
Je höher das Verhältnis, desto mehr Liquidität generiert das Unternehmen

-13.321%

Rückzahlungsfähigkeit (2025) ?
Rückzahlungsfähigkeit
Definition
Anzahl der Jahre zur Schuldenrückzahlung mit dem Cashflow.
Formel
Dettes financières / CAF
Interpretation
< 3 Jahre : Ausgezeichnet
3-5 Jahre : Angemessen
> 5 Jahre : Attention

-2.305

Anlagenaltersquote (2025) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

34.7%

Entwicklung der Solvenzkennzahlen
INVIVO RETAIL SUPPLY CHAIN

Positionnement sectoriel

Debt ratio
-131.51 2025
2022
2024
2025
Q1: 1.13
Méd: 13.07
Q3: 49.22
Excellent

In 2025, the debt ratio of INVIVO RETAIL SUPPLY CHAIN (-131.51) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-54.03% 2025
2022
2024
2025
Q1: 20.2%
Méd: 47.03%
Q3: 64.7%
Watch

In 2025, the financial autonomy of INVIVO RETAIL SUPPLY CHAIN (-54.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-2.31 years 2025
2022
2024
2025
Q1: 0.0 years
Méd: 0.13 years
Q3: 1.71 years
Excellent

In 2025, the repayment capacity of INVIVO RETAIL SUPPLY CHAIN (-2.31) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 109.01. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquiditätsquote (2025) ?
Liquiditätsquote
Definition
Fähigkeit, kurzfristige Schulden mit dem Umlaufvermögen zu decken.
Formel
Umlaufvermögen / Kurzfristige Verbindlichkeiten
Interpretation
> 1.5 : Sehr gut
1-1.5 : Angemessen
< 1 : Risque de liquidité

109.006

Zinsdeckung (2025) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

-11.24

Entwicklung der Liquiditätskennzahlen
INVIVO RETAIL SUPPLY CHAIN

Positionnement sectoriel

Liquidity ratio
109.01 2025
2022
2024
2025
Q1: 159.6
Méd: 237.67
Q3: 459.69
Watch -7 pts über 3 Jahre

In 2025, the liquidity ratio of INVIVO RETAIL SUPPLY CHAIN (109.01) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-11.24x 2025
2022
2024
2025
Q1: 0.0x
Méd: 0.34x
Q3: 6.1x
Watch

In 2025, the interest coverage of INVIVO RETAIL SUPPLY CHAIN (-11.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 100 days. Excellent situation: suppliers finance 46 days of the operating cycle (retail model). Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 124 days of revenue, i.e. 17.1 M€ to permanently finance. Over 2016-2025, WCR increased by +152%, requiring additional financing.

Operatives Working Capital (2025) ?
Operatives Working Capital
Definition
Besoin de financement généré par le cycle d'exploitation (stocks + créances - dettes fournisseurs).
Formel
Stocks + Créances clients - Dettes fournisseurs
Interpretation
Negativ = freigesetzte Liquidität
Positiv = Finanzierungsbedarf

17 106 170 €

Kundenforderungen (2025) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

54 j

Lieferantenverbindlichkeiten (2025) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

100 j

Lagerumschlag (2025) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

54 j

Working Capital in Umsatztagen (2025) ?
Working Capital in Umsatztagen
Definition
Drückt den Betriebskapitalbedarf in Umsatztagen aus.
Formel
(BFR exploitation / CA) x 360
Interpretation
Je weniger Tage, desto besser das Working Capital Management

124 j

Entwicklung des Working Capital und der Zahlungsfristen
INVIVO RETAIL SUPPLY CHAIN

Positionnement de INVIVO RETAIL SUPPLY CHAIN dans son secteur

Vergleich mit der Branche Commerce de gros (commerce interentreprises) d'autres biens domestiques

Bewertungsschätzung

Based on 145 transactions of similar company sales (all years), the value of INVIVO RETAIL SUPPLY CHAIN is estimated at 9 533 792 € (range 5 365 854€ - 24 304 749€). The price/revenue ratio is 0.19x (conservative valuation). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2025
145 transactions
5365k€ 9533k€ 24304k€
9 533 792 € Range: 5 365 854€ - 24 304 749€
NAF 5 all-time

Valuation method used

Revenue Multiple
49 830 084 € × 0.19x = 9 533 793 €
Range: 5 365 854€ - 24 304 750€

Only this financial indicator is available for this company.

Bewertungsentwicklung

How is this estimate calculated?

This estimate is based on the analysis of 145 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Commerce de gros (commerce interentreprises) d'autres biens domestiques )

Compare INVIVO RETAIL SUPPLY CHAIN with other companies in the same sector:

Frequently asked questions about INVIVO RETAIL SUPPLY CHAIN

What is the revenue of INVIVO RETAIL SUPPLY CHAIN ?

The revenue of INVIVO RETAIL SUPPLY CHAIN in 2025 is 49.8 M€.

Is INVIVO RETAIL SUPPLY CHAIN profitable?

INVIVO RETAIL SUPPLY CHAIN recorded a net loss in 2025.

Where is the headquarters of INVIVO RETAIL SUPPLY CHAIN ?

The headquarters of INVIVO RETAIL SUPPLY CHAIN is located in ANGERS (49000), in the department Maine-et-Loire.

Where to find the tax return of INVIVO RETAIL SUPPLY CHAIN ?

The tax return of INVIVO RETAIL SUPPLY CHAIN is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does INVIVO RETAIL SUPPLY CHAIN operate?

INVIVO RETAIL SUPPLY CHAIN operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.