CDC VET : revenue, balance sheet and financial ratios

CDC VET is a French company founded 21 years ago, specialized in the sector Activités vétérinaires. Based in GRENADE (31330), this company of category PME shows in 2022 a revenue of 5.1 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

Financial history - CDC VET (SIREN 480782374)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 5 080 681 € 3 573 481 € 2 564 523 € 2 397 228 € N/C N/C 2 034 107 €
Net income 152 460 € 244 569 € 45 605 € 150 227 € 60 692 € 40 129 € 27 325 € 7 919 € -49 554 €
EBITDA N/C N/C 379 833 € 318 146 € 149 854 € -50 130 € N/C N/C 24 195 €
Net margin N/C N/C 0.9% 4.2% 2.4% 1.7% N/C N/C -2.4%

Revenue and income statement

In 2024, CDC VET generates positive net income of 152 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

152 460 €

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Chart evolution

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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 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

32.774%

Financial autonomy (2024) ?
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

63.094%

Asset age ratio (2024) ?
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

39.4%

Solvency indicators evolution
CDC VET

Sector positioning

Debt ratio
32.77 2024
2022
2023
2024
Q1: 9.08
Med: 30.93
Q3: 89.33
Average +15 pts over 3 years

In 2024, the debt ratio of CDC VET (32.77) 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
63.09% 2024
2022
2023
2024
Q1: 33.12%
Med: 54.38%
Q3: 69.52%
Good -7 pts over 3 years

In 2024, the financial autonomy of CDC VET (63.1%) 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
2.86 years 2022
2022
Q1: 0.16 years
Med: 1.35 years
Q3: 3.74 years
Average

In 2022, the repayment capacity of CDC VET (2.86) 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 222.52. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

222.517

Liquidity indicators evolution
CDC VET

Sector positioning

Liquidity ratio
222.52 2024
2022
2023
2024
Q1: 178.06
Med: 258.19
Q3: 356.07
Average

In 2024, the liquidity ratio of CDC VET (222.52) 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
1.87x 2022
2022
Q1: 0.0x
Med: 0.93x
Q3: 3.58x
Good

In 2022, the interest coverage of CDC VET (1.9x) 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.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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

0 j

WCR and payment terms evolution
CDC VET

Positioning of CDC VET in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare CDC VET with other companies in the same sector:

Frequently asked questions about CDC VET

What is the revenue of CDC VET ?

The revenue of CDC VET in 2022 is 5.1 M€.

Is CDC VET profitable?

Yes, CDC VET generated a net profit of 152 k€ in 2024.

Where is the headquarters of CDC VET ?

The headquarters of CDC VET is located in GRENADE (31330), in the department Haute-Garonne.

Where to find the tax return of CDC VET ?

The tax return of CDC VET 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 CDC VET operate?

CDC VET operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.