PROJECT LOGISTIC DIVISION VE SARL : revenue, balance sheet and financial ratios

PROJECT LOGISTIC DIVISION VE SARL is a French company founded 13 years ago, specialized in the sector Affrètement et organisation des transports . Based in DUNKERQUE (59640), this company of category ETI shows in 2024 a revenue of 891 k€. 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 - PROJECT LOGISTIC DIVISION VE SARL (SIREN 791127178)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 890 867 € 3 031 565 € 3 397 745 € 4 140 576 € 4 245 237 € 1 234 828 € 779 584 € 1 108 680 € 1 201 826 €
Net income -418 160 € 331 223 € 499 521 € 173 496 € 118 506 € -113 551 € -50 950 € -11 097 € 41 511 €
EBITDA -386 648 € 432 328 € 644 972 € 258 262 € 272 034 € -95 999 € -49 251 € -24 901 € 49 367 €
Net margin -46.9% 10.9% 14.7% 4.2% 2.8% -9.2% -6.5% -1.0% 3.5%

Revenue and income statement

In 2024, PROJECT LOGISTIC DIVISION VE SARL achieves revenue of 891 k€. Activity remains stable over the period (CAGR: -3.7%). Significant drop of -71% vs 2023. After deducting consumption (0 €), gross margin stands at 891 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 -387 k€, representing -43.4% of revenue. Warning negative scissor effect: despite revenue change (-71%), EBITDA varies by -189%, reducing margin by 57.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -418 k€ (-46.9% of revenue), which will impact equity.

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

890 867 €

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

890 867 €

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

-386 648 €

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

-432 172 €

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

-418 160 €

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

-43.4%

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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 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 62%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.0%

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

61.7%

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

-45.55%

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

0.0

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

14.0%

Solvency indicators evolution
PROJECT LOGISTIC DIVISION VE SARL

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent

In 2024, the debt ratio of PROJECT LOGISTIC DIVISION... (0.00) 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.

Financial autonomy
61.7% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Excellent +21 pts over 3 years

In 2024, the financial autonomy of PROJECT LOGISTIC DIVISION... (61.7%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of PROJECT LOGISTIC DIVISION... (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 259.20. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

259.201

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

-0.031

Liquidity indicators evolution
PROJECT LOGISTIC DIVISION VE SARL

Sector positioning

Liquidity ratio
259.2 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Excellent +29 pts over 3 years

In 2024, the liquidity ratio of PROJECT LOGISTIC DIVISION... (259.20) 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
-0.03x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average

In 2024, the interest coverage of PROJECT LOGISTIC DIVISION... (-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: 262 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. The gap of 189 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 326 days of revenue, i.e. 807 k€ 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

807 482 €

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

262 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

73 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

0 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

326 j

WCR and payment terms evolution
PROJECT LOGISTIC DIVISION VE SARL

Positioning of PROJECT LOGISTIC DIVISION VE SARL in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare PROJECT LOGISTIC DIVISION VE SARL with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about PROJECT LOGISTIC DIVISION VE SARL

What is the revenue of PROJECT LOGISTIC DIVISION VE SARL ?

The revenue of PROJECT LOGISTIC DIVISION VE SARL in 2024 is 891 k€.

Is PROJECT LOGISTIC DIVISION VE SARL profitable?

PROJECT LOGISTIC DIVISION VE SARL recorded a net loss in 2024.

Where is the headquarters of PROJECT LOGISTIC DIVISION VE SARL ?

The headquarters of PROJECT LOGISTIC DIVISION VE SARL is located in DUNKERQUE (59640), in the department Nord.

Where to find the tax return of PROJECT LOGISTIC DIVISION VE SARL ?

The tax return of PROJECT LOGISTIC DIVISION VE SARL 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 PROJECT LOGISTIC DIVISION VE SARL operate?

PROJECT LOGISTIC DIVISION VE SARL operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.