COHERENT FRANCE : revenue, balance sheet and financial ratios

COHERENT FRANCE is a French company founded 39 years ago, specialized in the sector Intermédiaires du commerce en machines, équipements industriels, navires et avions. Based in LISSES (91090), this company of category PME shows in 2025 a revenue of 6.2 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 - COHERENT FRANCE (SIREN 340350131)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 224 018 € 6 093 147 € 4 968 273 € 6 482 070 € 5 764 653 € 5 710 864 € 8 566 272 € 12 409 951 € 12 892 372 € 13 307 252 €
Net income 357 124 € 414 894 € 388 358 € 351 591 € 335 055 € 383 222 € 254 696 € 546 740 € 546 927 € 332 772 €
EBITDA 129 951 € 366 219 € 262 903 € 215 703 € 450 197 € 432 082 € -1 151 € 776 978 € 665 092 € 460 507 €
Net margin 5.7% 6.8% 7.8% 5.4% 5.8% 6.7% 3.0% 4.4% 4.2% 2.5%

Revenue and income statement

In 2025, COHERENT FRANCE achieves revenue of 6.2 M€. Revenue is declining over the period 2016-2025 (CAGR: -8.1%). Vs 2024: +2%. After deducting consumption (0 €), gross margin stands at 6.2 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 130 k€, representing 2.1% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -65%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 357 k€, i.e. 5.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 224 018 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 224 018 €

EBITDA (2025) ?
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

129 951 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

561 080 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

357 124 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.1%

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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 1%. 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 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.422%

Financial autonomy (2025) ?
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

45.397%

Cash flow / Revenue (2025) ?
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

-0.951%

Repayment capacity (2025) ?
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

-0.258

Asset age ratio (2025) ?
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

7.8%

Solvency indicators evolution
COHERENT FRANCE

Sector positioning

Debt ratio
1.42 2025
2023
2024
2025
Q1: 0.0
Med: 7.36
Q3: 45.92
Good -21 pts over 3 years

In 2025, the debt ratio of COHERENT FRANCE (1.42) 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
45.4% 2025
2023
2024
2025
Q1: 21.3%
Med: 49.69%
Q3: 68.29%
Average

In 2025, the financial autonomy of COHERENT FRANCE (45.4%) 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
-0.26 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Excellent -37 pts over 3 years

In 2025, the repayment capacity of COHERENT FRANCE (-0.26) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 71.30. 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 25.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

71.295

Interest coverage (2025) ?
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

25.351

Liquidity indicators evolution
COHERENT FRANCE

Sector positioning

Liquidity ratio
71.3 2025
2023
2024
2025
Q1: 163.0
Med: 257.47
Q3: 478.49
Watch

In 2025, the liquidity ratio of COHERENT FRANCE (71.30) 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
25.35x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 0.87x
Excellent +11 pts over 3 years

In 2025, the interest coverage of COHERENT FRANCE (25.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). WCR is negative (-52 days): operations structurally generate cash. Notable WCR improvement over the period (-120%), freeing up cash.

Operating WCR (2025) ?
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

-907 462 €

Customer credit (2025) ?
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 (2025) ?
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

36 j

Inventory turnover (2025) ?
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 in days of revenue (2025) ?
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

-52 j

WCR and payment terms evolution
COHERENT FRANCE

Positioning of COHERENT FRANCE in its sector

Comparison with sector Intermédiaires du commerce en machines, équipements industriels, navires et avions

Valuation estimate

Based on 229 transactions of similar company sales (all years), the value of COHERENT FRANCE is estimated at 831 621 € (range 368 305€ - 2 321 226€). With an EBITDA of 129 951€, the sector multiple of 1.6x is applied. 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.

Estimated enterprise value 2025
229 transactions
368k€ 831k€ 2321k€
831 621 € Range: 368 305€ - 2 321 226€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
129 951 € × 1.6x
Estimation 211 101 €
68 894€ - 700 831€
Revenue Multiple 30%
6 224 018 € × 0.32x
Estimation 2 018 366 €
946 390€ - 4 938 104€
Net Income Multiple 20%
357 124 € × 1.7x
Estimation 602 805 €
249 707€ - 2 446 899€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 229 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 du commerce en machines, équipements industriels, navires et avions)

Compare COHERENT FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires du commerce en machines, équipements industriels, navires et avions

Frequently asked questions about COHERENT FRANCE

What is the revenue of COHERENT FRANCE ?

The revenue of COHERENT FRANCE in 2025 is 6.2 M€.

Is COHERENT FRANCE profitable?

Yes, COHERENT FRANCE generated a net profit of 357 k€ in 2025.

Where is the headquarters of COHERENT FRANCE ?

The headquarters of COHERENT FRANCE is located in LISSES (91090), in the department Essonne.

Where to find the tax return of COHERENT FRANCE ?

The tax return of COHERENT FRANCE 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 COHERENT FRANCE operate?

COHERENT FRANCE operates in the sector Intermédiaires du commerce en machines, équipements industriels, navires et avions (NAF code 46.14Z). See the 'Sector positioning' section above to compare the company with its competitors.