SIREN : 879956092
CYCLES VERGES is a French company founded 6 years ago, specialized in the sector Commerce et réparation de motocycles. Based in BIARRITZ (64200), this company of category ETI shows in 2024 a revenue of 2.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 2 252 844 € | 2 653 616 € | 2 705 982 € | N/C |
| Net income | -224 521 € | 9 346 € | 205 570 € | 129 733 € |
| EBITDA | -138 799 € | 4 227 € | 246 964 € | N/C |
| Net margin | -10.0% | 0.4% | 7.6% | N/C |
In 2024, CYCLES VERGES achieves revenue of 2.3 M€. Revenue is declining over the period 2021-2024 (CAGR: -5.9%). Significant drop of -15% vs 2023. After deducting consumption (1.6 M€), gross margin stands at 675 k€, i.e. a rate of 30%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -139 k€, representing -6.2% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -3384%, reducing margin by 6.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -225 k€ (-10.0% of revenue), which will impact equity.
2 252 844 €
675 493 €
-138 799 €
-178 876 €
-224 521 €
-6.1%
The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 38%. The balance between equity and debt is satisfactory.
4.63%
38.119%
-8.107%
-0.184
34.6%
In 2024, the debt ratio of CYCLES VERGES (4.63) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of CYCLES VERGES (38.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of CYCLES VERGES (-0.18) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 131.13. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
131.127
-31.807
In 2024, the liquidity ratio of CYCLES VERGES (131.13) 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.
In 2024, the interest coverage of CYCLES VERGES (-31.8x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 172 days. Excellent situation: suppliers finance 156 days of the operating cycle (retail model). Inventory turnover is 225 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 219 days of revenue, i.e. 1.4 M€ to permanently finance.
1 373 153 €
16 j
172 j
225 j
219 j
Based on 137 transactions of similar company sales (all years), the value of CYCLES VERGES is estimated at 383 619 € (range 220 637€ - 602 200€). The price/revenue ratio is 0.17x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 137 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CYCLES VERGES with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce et réparation de motocycles
The revenue of CYCLES VERGES in 2024 is 2.3 M€.
CYCLES VERGES recorded a net loss in 2024.
The headquarters of CYCLES VERGES is located in BIARRITZ (64200), in the department Pyrenees-Atlantiques.
The tax return of CYCLES VERGES 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).
CYCLES VERGES operates in the sector Commerce et réparation de motocycles (NAF code 45.40Z). See the 'Sector positioning' section above to compare the company with its competitors.