CABINET VETERINAIRE DE LA RENAISSANCE : revenue, balance sheet and financial ratios

CABINET VETERINAIRE DE LA RENAISSANCE is a French company founded 15 years ago, specialized in the sector Activités vétérinaires. Based in CHAOURCE (10210), this company of category PME shows in 2023 a revenue of 350 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

Financial history - CABINET VETERINAIRE DE LA RENAISSANCE (SIREN 532307204)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 349 898 € 376 942 € 394 663 € 381 049 € 387 818 € 369 886 € 355 561 € 329 727 €
Net income -1 998 € -10 846 € -7 956 € -8 668 € 8 340 € 2 090 € 17 764 € 16 091 €
EBITDA 4 654 € -5 751 € 2 851 € -5 669 € 16 110 € 6 805 € 23 565 € 30 026 €
Net margin -0.6% -2.9% -2.0% -2.3% 2.2% 0.6% 5.0% 4.9%

Revenue and income statement

In 2023, CABINET VETERINAIRE DE LA RENAISSANCE achieves revenue of 350 k€. Revenue is growing positively over 8 years (CAGR: +0.9%). Slight decline of -7% vs 2022. After deducting consumption (99 k€), gross margin stands at 251 k€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 1.3% of revenue. Positive scissor effect: EBITDA margin improves by +2.9 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -2 k€ (-0.6% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

349 898 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

251 118 €

EBITDA (2023) ?
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

4 654 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-2 131 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-1 998 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.3%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 62%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

24.039%

Financial autonomy (2023) ?
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

62.192%

Cash flow / Revenue (2023) ?
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

1.141%

Repayment capacity (2023) ?
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

2.398

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

9.3%

Solvency indicators evolution
CABINET VETERINAIRE DE LA RENAISSANCE

Sector positioning

Debt ratio
24.04 2023
2021
2022
2023
Q1: 10.54
Med: 33.38
Q3: 98.64
Good -10 pts over 3 years

In 2023, the debt ratio of CABINET VETERINAIRE DE LA... (24.04) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
62.19% 2023
2021
2022
2023
Q1: 31.97%
Med: 53.16%
Q3: 68.68%
Good +18 pts over 3 years

In 2023, the financial autonomy of CABINET VETERINAIRE DE LA... (62.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
2.4 years 2023
2021
2022
2023
Q1: 0.09 years
Med: 1.12 years
Q3: 2.64 years
Average +61 pts over 3 years

In 2023, the repayment capacity of CABINET VETERINAIRE DE LA... (2.40) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 347.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 2.6x. Financial charges are adequately covered by operations.

Liquidity ratio (2023) ?
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

347.546

Interest coverage (2023) ?
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

2.6

Liquidity indicators evolution
CABINET VETERINAIRE DE LA RENAISSANCE

Sector positioning

Liquidity ratio
347.55 2023
2021
2022
2023
Q1: 171.25
Med: 251.69
Q3: 365.04
Good +19 pts over 3 years

In 2023, the liquidity ratio of CABINET VETERINAIRE DE LA... (347.55) 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
2.6x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.09x
Q3: 3.75x
Good -11 pts over 3 years

In 2023, the interest coverage of CABINET VETERINAIRE DE LA... (2.6x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 13 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 27 days of revenue, i.e. 27 k€ to permanently finance. Notable WCR improvement over the period (-37%), freeing up cash.

Operating WCR (2023) ?
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

26 655 €

Customer credit (2023) ?
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

13 j

Supplier credit (2023) ?
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

14 j

Inventory turnover (2023) ?
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

19 j

WCR in days of revenue (2023) ?
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

27 j

WCR and payment terms evolution
CABINET VETERINAIRE DE LA RENAISSANCE

Positioning of CABINET VETERINAIRE DE LA RENAISSANCE in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare CABINET VETERINAIRE DE LA RENAISSANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités vétérinaires

Frequently asked questions about CABINET VETERINAIRE DE LA RENAISSANCE

What is the revenue of CABINET VETERINAIRE DE LA RENAISSANCE ?

The revenue of CABINET VETERINAIRE DE LA RENAISSANCE in 2023 is 350 k€.

Is CABINET VETERINAIRE DE LA RENAISSANCE profitable?

CABINET VETERINAIRE DE LA RENAISSANCE recorded a net loss in 2023.

Where is the headquarters of CABINET VETERINAIRE DE LA RENAISSANCE ?

The headquarters of CABINET VETERINAIRE DE LA RENAISSANCE is located in CHAOURCE (10210), in the department Aube.

Where to find the tax return of CABINET VETERINAIRE DE LA RENAISSANCE ?

The tax return of CABINET VETERINAIRE DE LA RENAISSANCE 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 CABINET VETERINAIRE DE LA RENAISSANCE operate?

CABINET VETERINAIRE DE LA RENAISSANCE operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.