SIREN : 393065073
FMS EXPANSION is a French company founded 32 years ago, specialized in the sector Activités des sociétés holding. Based in LUC-LA-PRIMAUBE (12450), this company of category PME shows in 2023 a revenue of 857 k€. 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 856 925 € | 623 516 € | 715 066 € | 561 187 € | 575 604 € | 562 721 € | 494 442 € | 383 395 € | 392 395 € |
| Net income | 371 582 € | 244 907 € | 231 114 € | 194 202 € | 59 459 € | 10 898 € | 38 827 € | 8 042 € | 18 382 € |
| EBITDA | 29 672 € | 13 359 € | 38 201 € | 3 763 € | 17 923 € | 13 677 € | 29 324 € | 273 € | -3 617 € |
| Net margin | 43.4% | 39.3% | 32.3% | 34.6% | 10.3% | 1.9% | 7.9% | 2.1% | 4.7% |
In 2023, FMS EXPANSION achieves revenue of 857 k€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +10.3%. Vs 2022, growth of +37% (624 k€ -> 857 k€). After deducting consumption (0 €), gross margin stands at 857 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 30 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 372 k€, i.e. 43.4% of revenue. This profit can be retained or distributed to shareholders.
856 925 €
856 925 €
29 672 €
31 481 €
371 582 €
3.5%
The debt ratio (= Financial debt / Equity x 100) stands at 68%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 43.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
67.823%
50.7%
43.204%
1.707
63.3%
In 2023, the debt ratio of FMS EXPANSION (67.82) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of FMS EXPANSION (50.7%) 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 2023, the repayment capacity of FMS EXPANSION (1.71) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 367.02. 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 4.5x. Financial charges are adequately covered by operations.
367.021
4.482
In 2023, the liquidity ratio of FMS EXPANSION (367.02) 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.
In 2023, the interest coverage of FMS EXPANSION (4.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 127 days. Excellent situation: suppliers finance 55 days of the operating cycle (retail model). Overall, WCR represents 360 days of revenue, i.e. 856 k€ to permanently finance. Over 2015-2023, WCR increased by +17644%, requiring additional financing.
856 385 €
72 j
127 j
0 j
360 j
Based on 63 transactions of similar company sales
in 2023,
the value of FMS EXPANSION is estimated at
822 820 €
(range 196 418€ - 1 327 616€).
With an EBITDA of 29 672€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.24x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 63 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 FMS EXPANSION with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of FMS EXPANSION in 2023 is 857 k€.
Yes, FMS EXPANSION generated a net profit of 372 k€ in 2023.
The headquarters of FMS EXPANSION is located in LUC-LA-PRIMAUBE (12450), in the department Aveyron.
The tax return of FMS EXPANSION 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).
FMS EXPANSION operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.