MIDI-PYRENEES VEHICULES INDUSTRIELS SUD : revenue, balance sheet and financial ratios

MIDI-PYRENEES VEHICULES INDUSTRIELS SUD is a French company founded 18 years ago, specialized in the sector Commerce d'autres véhicules automobiles. Based in PORTET-SUR-GARONNE (31120), this company of category ETI shows in 2024 a revenue of 21.1 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 - MIDI-PYRENEES VEHICULES INDUSTRIELS SUD (SIREN 498748094)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 21 137 136 € 20 005 607 € 18 247 505 € 17 677 238 € 13 286 552 € 16 147 915 € 15 775 837 € 13 712 397 € 12 832 263 €
Net income 474 638 € 507 621 € 612 168 € 683 664 € 341 013 € 373 890 € 259 488 € 257 113 € 266 676 €
EBITDA 918 273 € 870 263 € 969 581 € 813 901 € 393 256 € 765 122 € 367 617 € 341 231 € 272 405 €
Net margin 2.2% 2.5% 3.4% 3.9% 2.6% 2.3% 1.6% 1.9% 2.1%

Revenue and income statement

In 2024, MIDI-PYRENEES VEHICULES INDUSTRIELS SUD achieves revenue of 21.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.4%. Vs 2023: +6%. After deducting consumption (16.6 M€), gross margin stands at 4.5 M€, i.e. a rate of 21%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 918 k€, representing 4.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 475 k€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

21 137 136 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

4 487 940 €

EBITDA (2024) ?
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

918 273 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

806 701 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

474 638 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.3%

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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 47%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 41%. 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 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

47.391%

Financial autonomy (2024) ?
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

40.514%

Cash flow / Revenue (2024) ?
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

2.469%

Repayment capacity (2024) ?
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

1.542

Asset age ratio (2024) ?
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

67.1%

Solvency indicators evolution
MIDI-PYRENEES VEHICULES INDUSTRIELS SUD

Sector positioning

Debt ratio
47.39 2024
2022
2023
2024
Q1: 9.12
Med: 44.72
Q3: 119.03
Average +10 pts over 3 years

In 2024, the debt ratio of MIDI-PYRENEES VEHICULES I... (47.39) 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
40.51% 2024
2022
2023
2024
Q1: 17.36%
Med: 31.96%
Q3: 49.84%
Good -7 pts over 3 years

In 2024, the financial autonomy of MIDI-PYRENEES VEHICULES I... (40.5%) 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
1.54 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 1.08 years
Q3: 4.66 years
Average +28 pts over 3 years

In 2024, the repayment capacity of MIDI-PYRENEES VEHICULES I... (1.54) 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 172.56. 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 11.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

172.563

Interest coverage (2024) ?
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

11.197

Liquidity indicators evolution
MIDI-PYRENEES VEHICULES INDUSTRIELS SUD

Sector positioning

Liquidity ratio
172.56 2024
2022
2023
2024
Q1: 145.03
Med: 198.86
Q3: 330.56
Average

In 2024, the liquidity ratio of MIDI-PYRENEES VEHICULES I... (172.56) 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
11.2x 2024
2022
2023
2024
Q1: 0.0x
Med: 7.3x
Q3: 27.22x
Good +25 pts over 3 years

In 2024, the interest coverage of MIDI-PYRENEES VEHICULES I... (11.2x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Favorable situation: supplier credit is longer than customer credit by 16 days. Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 70 days of revenue, i.e. 4.1 M€ to permanently finance.

Operating WCR (2024) ?
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

4 101 238 €

Customer credit (2024) ?
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

20 j

Supplier credit (2024) ?
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 (2024) ?
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

60 j

WCR in days of revenue (2024) ?
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

70 j

WCR and payment terms evolution
MIDI-PYRENEES VEHICULES INDUSTRIELS SUD

Positioning of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD in its sector

Comparison with sector Commerce d'autres véhicules automobiles

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD is estimated at 1 238 834 € (range 696 316€ - 4 735 664€). With an EBITDA of 918 273€, the sector multiple of 0.8x is applied. The price/revenue ratio is 0.13x (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 2024
56 tx
696k€ 1238k€ 4735k€
1 238 834 € Range: 696 316€ - 4 735 664€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
918 273 € × 0.8x
Estimation 731 690 €
242 328€ - 3 316 622€
Revenue Multiple 30%
21 137 136 € × 0.13x
Estimation 2 643 012 €
1 860 375€ - 9 203 303€
Net Income Multiple 20%
474 638 € × 0.8x
Estimation 400 431 €
85 200€ - 1 581 813€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 56 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 d'autres véhicules automobiles)

Compare MIDI-PYRENEES VEHICULES INDUSTRIELS SUD with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce d'autres véhicules automobiles

Frequently asked questions about MIDI-PYRENEES VEHICULES INDUSTRIELS SUD

What is the revenue of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD ?

The revenue of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD in 2024 is 21.1 M€.

Is MIDI-PYRENEES VEHICULES INDUSTRIELS SUD profitable?

Yes, MIDI-PYRENEES VEHICULES INDUSTRIELS SUD generated a net profit of 475 k€ in 2024.

Where is the headquarters of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD ?

The headquarters of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD is located in PORTET-SUR-GARONNE (31120), in the department Haute-Garonne.

Where to find the tax return of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD ?

The tax return of MIDI-PYRENEES VEHICULES INDUSTRIELS SUD 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 MIDI-PYRENEES VEHICULES INDUSTRIELS SUD operate?

MIDI-PYRENEES VEHICULES INDUSTRIELS SUD operates in the sector Commerce d'autres véhicules automobiles (NAF code 45.19Z). See the 'Sector positioning' section above to compare the company with its competitors.