SOURCES LUMINEUSES VAROISES : revenue, balance sheet and financial ratios

SOURCES LUMINEUSES VAROISES is a French company founded 46 years ago, specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques. Based in TOULON (83000), this company of category PME shows in 2020 a revenue of 289 k€. 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 - SOURCES LUMINEUSES VAROISES (SIREN 318266228)
Kennzahl 2020 2019 2018 2017 2016
Umsatz 289 018 € 199 540 € 261 241 € 345 917 € 306 850 €
Nettoergebnis -91 900 € -46 269 € -22 975 € 22 456 € 13 298 €
EBITDA -51 120 € -24 296 € -20 367 € 84 868 € 10 586 €
Nettomarge -31.8% -23.2% -8.8% 6.5% 4.3%

Umsatz und Gewinn- und Verlustrechnung

In 2020, SOURCES LUMINEUSES VAROISES achieves revenue of 289 k€. Activity remains stable over the period (CAGR: -1.5%). Vs 2019, growth of +45% (200 k€ -> 289 k€). After deducting consumption (187 k€), gross margin stands at 102 k€, i.e. a rate of 35%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -51 k€, representing -17.7% of revenue. Warning negative scissor effect: despite revenue change (+45%), EBITDA varies by -110%, reducing margin by 5.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -92 k€ (-31.8% of revenue), which will impact equity.

Umsatz (2020) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

289 018 €

Bruttomarge (2020) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

102 341 €

EBITDA (2020) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

-51 120 €

EBIT (2020) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

-48 819 €

Nettoergebnis (2020) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

-91 900 €

EBITDA-Marge (2020) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

-17.7%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at 326%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Verschuldungsgrad (2020) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

326.067%

Finanzielle Autonomie (2020) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

14.226%

Cashflow / Umsatz (2020) ?
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

-32.793%

Rückzahlungsfähigkeit (2020) ?
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

-1.249

Anlagenaltersquote (2020) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

3.5%

Entwicklung der Solvenzkennzahlen
SOURCES LUMINEUSES VAROISES

Positionnement sectoriel

Debt ratio
326.07 2020
2018
2019
2020
Q1: 0.01
Méd: 10.14
Q3: 66.63
Watch +18 pts über 3 Jahre

In 2020, the debt ratio of SOURCES LUMINEUSES VAROISES (326.07) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
14.23% 2020
2018
2019
2020
Q1: 11.62%
Méd: 36.95%
Q3: 64.42%
Average -45 pts über 3 Jahre

In 2020, the financial autonomy of SOURCES LUMINEUSES VAROISES (14.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-1.25 years 2020
2018
2019
2020
Q1: 0.0 years
Méd: 0.0 years
Q3: 0.94 years
Excellent

In 2020, the repayment capacity of SOURCES LUMINEUSES VAROISES (-1.25) 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 241.72. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquiditätsquote (2020) ?
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

241.72

Zinsdeckung (2020) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

-0.624

Entwicklung der Liquiditätskennzahlen
SOURCES LUMINEUSES VAROISES

Positionnement sectoriel

Liquidity ratio
241.72 2020
2018
2019
2020
Q1: 135.28
Méd: 237.79
Q3: 412.18
Good -15 pts über 3 Jahre

In 2020, the liquidity ratio of SOURCES LUMINEUSES VAROISES (241.72) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.62x 2020
2018
2019
2020
Q1: 0.0x
Méd: 0.0x
Q3: 1.23x
Average

In 2020, the interest coverage of SOURCES LUMINEUSES VAROISES (-0.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 97 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 106 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Inventory turnover is 269 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 253 days of revenue, i.e. 203 k€ to permanently finance. Over 2016-2020, WCR increased by +22%, requiring additional financing.

Operatives Working Capital (2020) ?
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

203 350 €

Kundenforderungen (2020) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

97 j

Lieferantenverbindlichkeiten (2020) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

106 j

Lagerumschlag (2020) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

269 j

Working Capital in Umsatztagen (2020) ?
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

253 j

Entwicklung des Working Capital und der Zahlungsfristen
SOURCES LUMINEUSES VAROISES

Positionnement de SOURCES LUMINEUSES VAROISES dans son secteur

Vergleich mit der Branche Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Bewertungsschätzung

Based on 50 transactions of similar company sales (all years), the value of SOURCES LUMINEUSES VAROISES is estimated at 92 123 € (range 45 900€ - 175 659€). The price/revenue ratio is 0.32x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2020
50 tx
45k€ 92k€ 175k€
92 123 € Range: 45 900€ - 175 659€
NAF 5 all-time

Valuation method used

Revenue Multiple
289 018 € × 0.32x = 92 124 €
Range: 45 900€ - 175 660€

Only this financial indicator is available for this company.

Bewertungsentwicklung

How is this estimate calculated?

This estimate is based on the analysis of 50 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 (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)

Compare SOURCES LUMINEUSES VAROISES with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Frequently asked questions about SOURCES LUMINEUSES VAROISES

What is the revenue of SOURCES LUMINEUSES VAROISES ?

The revenue of SOURCES LUMINEUSES VAROISES in 2020 is 289 k€.

Is SOURCES LUMINEUSES VAROISES profitable?

SOURCES LUMINEUSES VAROISES recorded a net loss in 2020.

Where is the headquarters of SOURCES LUMINEUSES VAROISES ?

The headquarters of SOURCES LUMINEUSES VAROISES is located in TOULON (83000), in the department Var.

Where to find the tax return of SOURCES LUMINEUSES VAROISES ?

The tax return of SOURCES LUMINEUSES VAROISES 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 SOURCES LUMINEUSES VAROISES operate?

SOURCES LUMINEUSES VAROISES operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.