FUJIFILM VET SYSTEMS FRANCE S.A.S. : revenue, balance sheet and financial ratios

FUJIFILM VET SYSTEMS FRANCE S.A.S. is a French company founded 36 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques. Based in MONTANAY (69250), this company of category ETI shows in 2025 a revenue of 10.9 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 - FUJIFILM VET SYSTEMS FRANCE S.A.S. (SIREN 378884753)
Indicator 2025 2024 2023 2022 2020 2019 2018 2017 2016
Revenue 10 876 424 € 9 201 297 € 8 454 245 € 9 723 398 € 6 743 916 € 6 428 484 € 6 143 496 € 6 009 663 € 5 391 684 €
Net income 945 729 € 859 867 € 983 189 € 1 681 245 € 888 557 € 544 571 € 492 252 € 403 288 € 357 431 €
EBITDA 1 922 252 € 1 557 566 € 1 677 665 € 2 544 965 € 1 335 099 € 770 804 € 686 443 € 656 482 € 584 287 €
Net margin 8.7% 9.3% 11.6% 17.3% 13.2% 8.5% 8.0% 6.7% 6.6%

Revenue and income statement

In 2025, FUJIFILM VET SYSTEMS FRANCE S.A.S. achieves revenue of 10.9 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +8.1%. Vs 2024, growth of +18% (9.2 M€ -> 10.9 M€). After deducting consumption (5.5 M€), gross margin stands at 5.4 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.9 M€, representing 17.7% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 946 k€, i.e. 8.7% 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

10 876 424 €

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

5 393 620 €

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

1 922 252 €

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

1 268 202 €

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

945 729 €

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

17.7%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 60%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 13.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

0.012%

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

60.373%

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

13.153%

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

0.0

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

64.9%

Solvency indicators evolution
FUJIFILM VET SYSTEMS FRANCE S.A.S.

Sector positioning

Debt ratio
0.01 2025
2023
2024
2025
Q1: 0.0
Med: 3.67
Q3: 28.55
Good

In 2025, the debt ratio of FUJIFILM VET SYSTEMS FRAN... (0.01) 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
60.37% 2025
2023
2024
2025
Q1: 26.28%
Med: 43.48%
Q3: 62.04%
Good

In 2025, the financial autonomy of FUJIFILM VET SYSTEMS FRAN... (60.4%) 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
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.0 years
Q3: 0.67 years
Excellent -12 pts over 3 years

In 2025, the repayment capacity of FUJIFILM VET SYSTEMS FRAN... (0.00) 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 171.66. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

171.659

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

0.037

Liquidity indicators evolution
FUJIFILM VET SYSTEMS FRANCE S.A.S.

Sector positioning

Liquidity ratio
171.66 2025
2023
2024
2025
Q1: 147.44
Med: 215.05
Q3: 310.05
Average -8 pts over 3 years

In 2025, the liquidity ratio of FUJIFILM VET SYSTEMS FRAN... (171.66) 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
0.04x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.36x
Q3: 5.44x
Average -28 pts over 3 years

In 2025, the interest coverage of FUJIFILM VET SYSTEMS FRAN... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 99 days. Excellent situation: suppliers finance 53 days of the operating cycle (retail model). Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 71 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2025, WCR increased by +244%, requiring additional financing.

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

2 153 749 €

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

46 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

99 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

37 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

71 j

WCR and payment terms evolution
FUJIFILM VET SYSTEMS FRANCE S.A.S.

Positioning of FUJIFILM VET SYSTEMS FRANCE S.A.S. in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Valuation estimate

Based on 124 transactions of similar company sales (all years), the value of FUJIFILM VET SYSTEMS FRANCE S.A.S. is estimated at 1 526 828 € (range 755 795€ - 5 134 669€). With an EBITDA of 1 922 252€, the sector multiple of 0.7x is applied. The price/revenue ratio is 0.21x (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
124 transactions
755k€ 1526k€ 5134k€
1 526 828 € Range: 755 795€ - 5 134 669€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 922 252 € × 0.7x
Estimation 1 353 045 €
639 632€ - 4 924 589€
Revenue Multiple 30%
10 876 424 € × 0.21x
Estimation 2 316 400 €
1 256 129€ - 7 016 413€
Net Income Multiple 20%
945 729 € × 0.8x
Estimation 776 931 €
295 706€ - 2 837 254€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 124 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 (Commerce de gros (commerce interentreprises) de produits pharmaceutiques)

Compare FUJIFILM VET SYSTEMS FRANCE S.A.S. with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Frequently asked questions about FUJIFILM VET SYSTEMS FRANCE S.A.S.

What is the revenue of FUJIFILM VET SYSTEMS FRANCE S.A.S. ?

The revenue of FUJIFILM VET SYSTEMS FRANCE S.A.S. in 2025 is 10.9 M€.

Is FUJIFILM VET SYSTEMS FRANCE S.A.S. profitable?

Yes, FUJIFILM VET SYSTEMS FRANCE S.A.S. generated a net profit of 946 k€ in 2025.

Where is the headquarters of FUJIFILM VET SYSTEMS FRANCE S.A.S. ?

The headquarters of FUJIFILM VET SYSTEMS FRANCE S.A.S. is located in MONTANAY (69250), in the department Rhone.

Where to find the tax return of FUJIFILM VET SYSTEMS FRANCE S.A.S. ?

The tax return of FUJIFILM VET SYSTEMS FRANCE S.A.S. 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 FUJIFILM VET SYSTEMS FRANCE S.A.S. operate?

FUJIFILM VET SYSTEMS FRANCE S.A.S. operates in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques (NAF code 46.46Z). See the 'Sector positioning' section above to compare the company with its competitors.