INSTITUT BORDELAIS DE LA VISION : revenue, balance sheet and financial ratios

INSTITUT BORDELAIS DE LA VISION is a French company founded 13 years ago, specialized in the sector Autre mise à disposition de ressources humaines. Based in BORDEAUX (33100), this company of category PME shows in 2018 a revenue of 722 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - INSTITUT BORDELAIS DE LA VISION (SIREN 789476132)
Indicator 2018 2017
Revenue 721 971 € 700 071 €
Net income 68 941 € 68 963 €
EBITDA 154 454 € 170 279 €
Net margin 9.5% 9.9%

Revenue and income statement

In 2018, INSTITUT BORDELAIS DE LA VISION achieves revenue of 722 k€. Vs 2017: +3%. After deducting consumption (94 k€), gross margin stands at 628 k€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 154 k€, representing 21.4% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -9%, reducing margin by 2.9 pts. This reflects costs rising faster than 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 69 k€, i.e. 9.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

721 971 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

627 729 €

EBITDA (2018) ?
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

154 454 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

91 855 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

68 941 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

21.4%

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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 57%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.3% 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 (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

57.195%

Financial autonomy (2018) ?
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

55.881%

Cash flow / Revenue (2018) ?
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

18.251%

Repayment capacity (2018) ?
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

0.874

Asset age ratio (2018) ?
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

17.8%

Solvency indicators evolution
INSTITUT BORDELAIS DE LA VISION

Sector positioning

Debt ratio
57.2 2018
2017
2018
Q1: 0.0
Med: 2.66
Q3: 49.14
Average

In 2018, the debt ratio of INSTITUT BORDELAIS DE LA ... (57.20) 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
55.88% 2018
2017
2018
Q1: 6.1%
Med: 29.3%
Q3: 55.86%
Excellent +14 pts over 2 years

In 2018, the financial autonomy of INSTITUT BORDELAIS DE LA ... (55.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.87 years 2018
2017
2018
Q1: 0.0 years
Med: 0.0 years
Q3: 0.88 years
Average

In 2018, the repayment capacity of INSTITUT BORDELAIS DE LA ... (0.87) 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 575.02. 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 1.7x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2018) ?
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

575.023

Interest coverage (2018) ?
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

1.67

Liquidity indicators evolution
INSTITUT BORDELAIS DE LA VISION

Sector positioning

Liquidity ratio
575.02 2018
2017
2018
Q1: 109.47
Med: 164.15
Q3: 290.2
Excellent

In 2018, the liquidity ratio of INSTITUT BORDELAIS DE LA ... (575.02) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.67x 2018
2017
2018
Q1: 0.0x
Med: 0.0x
Q3: 1.85x
Good

In 2018, the interest coverage of INSTITUT BORDELAIS DE LA ... (1.7x) 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. Average customer payment term: 14 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 9 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 10 days of revenue, i.e. 19 k€ to permanently finance.

Operating WCR (2018) ?
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

19 241 €

Customer credit (2018) ?
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

14 j

Supplier credit (2018) ?
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

9 j

Inventory turnover (2018) ?
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

4 j

WCR in days of revenue (2018) ?
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

10 j

WCR and payment terms evolution
INSTITUT BORDELAIS DE LA VISION

Positioning of INSTITUT BORDELAIS DE LA VISION in its sector

Comparison with sector Autre mise à disposition de ressources humaines

Valuation estimate

Based on 52 transactions of similar company sales in 2018, the value of INSTITUT BORDELAIS DE LA VISION is estimated at 246 074 € (range 144 793€ - 586 877€). With an EBITDA of 154 454€, the sector multiple of 2.8x is applied. The price/revenue ratio is 0.06x (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.

Estimated enterprise value 2018
52 tx
144k€ 246k€ 586k€
246 074 € Range: 144 793€ - 586 877€
Section année 2018 Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
154 454 € × 2.8x
Estimation 427 651 €
236 606€ - 1 050 886€
Revenue Multiple 30%
721 971 € × 0.06x
Estimation 43 673 €
43 501€ - 44 131€
Net Income Multiple 20%
68 941 € × 1.4x
Estimation 95 733 €
67 200€ - 240 975€
How is this estimate calculated?

This estimate is based on the analysis of 52 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 (Autre mise à disposition de ressources humaines)

Compare INSTITUT BORDELAIS DE LA VISION with other companies in the same sector:

Voir toutes les statistiques du secteur Autre mise à disposition de ressources humaines

Frequently asked questions about INSTITUT BORDELAIS DE LA VISION

What is the revenue of INSTITUT BORDELAIS DE LA VISION ?

The revenue of INSTITUT BORDELAIS DE LA VISION in 2018 is 722 k€.

Is INSTITUT BORDELAIS DE LA VISION profitable?

Yes, INSTITUT BORDELAIS DE LA VISION generated a net profit of 69 k€ in 2018.

Where is the headquarters of INSTITUT BORDELAIS DE LA VISION ?

The headquarters of INSTITUT BORDELAIS DE LA VISION is located in BORDEAUX (33100), in the department Gironde.

Where to find the tax return of INSTITUT BORDELAIS DE LA VISION ?

The tax return of INSTITUT BORDELAIS DE LA VISION 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 INSTITUT BORDELAIS DE LA VISION operate?

INSTITUT BORDELAIS DE LA VISION operates in the sector Autre mise à disposition de ressources humaines (NAF code 78.30Z). See the 'Sector positioning' section above to compare the company with its competitors.