BUREAU VERITAS : revenue, balance sheet and financial ratios
BUREAU VERITAS is a French company
founded 41 years ago,
specialized in the sector Analyses, essais et inspections techniques.
Based in COURBEVOIE (92400),
this company of category GE
shows in 2024 a revenue of 344.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - BUREAU VERITAS (SIREN 775690621)
Indicator
2024
2023
2020
2017
Revenue
344 682 000 €
312 658 000 €
209 244 000 €
268 388 000 €
Net income
360 384 000 €
365 664 000 €
63 524 000 €
287 321 000 €
EBITDA
29 118 000 €
25 798 000 €
17 692 000 €
-9 311 000 €
Net margin
104.6%
117.0%
30.4%
107.1%
Revenue and income statement
In 2024, BUREAU VERITAS achieves revenue of 344.7 M€. Revenue is growing positively over 4 years (CAGR: +3.6%). Vs 2023, growth of +10% (312.7 M€ -> 344.7 M€). After deducting consumption (200 k€), gross margin stands at 344.5 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 29.1 M€, representing 8.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 360.4 M€, i.e. 104.6% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
344 682 000 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
344 482 000 €
EBITDA (2024)
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Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
29 118 000 €
EBIT (2024)
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EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
92 384 000 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
360 384 000 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
8.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
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Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
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Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 126%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 104.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
125.723%
Financial autonomy (2024)
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Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
33.432%
Cash flow / Revenue (2024)
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Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
104.694%
Repayment capacity (2024)
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Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
6.748
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2020
2023
2024
Debt ratio
206.607
160.71
82.223
125.723
Financial autonomy
23.625
28.226
39.979
33.432
Repayment capacity
11.423
40.124
4.373
6.748
Cash flow / Revenue
73.845%
28.563%
117.466%
104.694%
Sector positioning
Debt ratio
125.722024
2020
2023
2024
Q1: 0.0
Med: 9.99
Q3: 48.5
Average
In 2024, the debt ratio of BUREAU VERITAS (125.72) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
33.43%2024
2020
2023
2024
Q1: 11.63%
Med: 34.78%
Q3: 58.76%
Average+5 pts over 3 years
In 2024, the financial autonomy of BUREAU VERITAS (33.4%) 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
6.75 years2024
2020
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.87 years
Watch
In 2024, the repayment capacity of BUREAU VERITAS (6.75) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 182.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
182.192
Interest coverage (2024)
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Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
0.0
Liquidity indicators evolution BUREAU VERITAS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2020
2023
2024
Liquidity ratio
210.522
237.054
203.846
182.192
Interest coverage
0.0
10.847
0.0
0.0
Sector positioning
Liquidity ratio
182.192024
2020
2023
2024
Q1: 133.14
Med: 205.95
Q3: 337.03
Average-12 pts over 3 years
In 2024, the liquidity ratio of BUREAU VERITAS (182.19) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
Interest coverage
0.0x2024
2020
2023
2024
Q1: 0.0x
Med: 0.02x
Q3: 2.48x
Average-50 pts over 3 years
In 2024, the interest coverage of BUREAU VERITAS (0.0x) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 222 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 345 days. Excellent situation: suppliers finance 123 days of the operating cycle (retail model). Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 504 days of revenue, i.e. 482.7 M€ to permanently finance. Notable WCR improvement over the period (-64%), freeing up cash.
Operating WCR (2024)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
482 730 588 €
Customer credit (2024)
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Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
222 j
Supplier credit (2024)
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Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
345 j
Inventory turnover (2024)
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Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
13 j
WCR in days of revenue (2024)
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WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
504 j
WCR and payment terms evolution BUREAU VERITAS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2020
2023
2024
Operating WCR
1 344 572 886 €
575 900 169 €
413 002 459 €
482 730 588 €
Inventory turnover (days)
5
9
8
13
Customer payment term (days)
218
211
128
222
Supplier payment term (days)
459
722
117
345
Positioning of BUREAU VERITAS in its sector
Comparison with sector Analyses, essais et inspections techniques
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (41 transactions).
This range of 67 103 087€ to 603 903 760€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
67103k€376690k€603903k€
376 690 315 €Range: 67 103 087€ - 603 903 760€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 41 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 (Analyses, essais et inspections techniques)
Compare BUREAU VERITAS with other companies in the same sector:
The revenue of BUREAU VERITAS in 2024 is 344.7 M€.
Is BUREAU VERITAS profitable?
Yes, BUREAU VERITAS generated a net profit of 360.4 M€ in 2024.
Where is the headquarters of BUREAU VERITAS ?
The headquarters of BUREAU VERITAS is located in COURBEVOIE (92400), in the department Hauts-de-Seine.
Where to find the tax return of BUREAU VERITAS ?
The tax return of BUREAU VERITAS 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 BUREAU VERITAS operate?
BUREAU VERITAS operates in the sector Analyses, essais et inspections techniques (NAF code 71.20B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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