ROYAL VELO FRANCE : revenue, balance sheet and financial ratios

ROYAL VELO FRANCE is a French company founded 39 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures. Based in TORVILLIERS (10440), this company of category PME shows in 2025 a revenue of 24.8 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 - ROYAL VELO FRANCE (SIREN 339627028)
Indicator 2025 2024 2023 2022 2021 2020 2018 2017 2016
Revenue 24 816 628 € 24 206 981 € 23 740 698 € 25 334 539 € 18 590 628 € 12 651 727 € 10 027 368 € 7 049 033 € 6 461 950 €
Net income -1 337 140 € 548 668 € -2 437 105 € 650 420 € 174 412 € 320 442 € 440 301 € 452 078 € 318 499 €
EBITDA -503 832 € -1 801 288 € -1 691 941 € 992 209 € 476 952 € 531 477 € 384 787 € 442 901 € 281 108 €
Net margin -5.4% 2.3% -10.3% 2.6% 0.9% 2.5% 4.4% 6.4% 4.9%

Revenue and income statement

In 2025, ROYAL VELO FRANCE achieves revenue of 24.8 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +16.1%. Vs 2024: +3%. After deducting consumption (19.8 M€), gross margin stands at 5.1 M€, i.e. a rate of 20%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -504 k€, representing -2.0% of revenue. Positive scissor effect: EBITDA margin improves by +5.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.3 M€ (-5.4% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

24 816 628 €

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

5 054 889 €

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

-503 832 €

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

-1 170 526 €

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

-1 337 140 €

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

-2.0%

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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 1076%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

1076.28%

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

4.403%

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

-2.511%

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

-13.483

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

49.7%

Solvency indicators evolution
ROYAL VELO FRANCE

Sector positioning

Debt ratio
1076.28 2025
2023
2024
2025
Q1: 0.05
Med: 9.73
Q3: 41.76
Watch

In 2025, the debt ratio of ROYAL VELO FRANCE (1076.28) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
4.4% 2025
2023
2024
2025
Q1: 10.16%
Med: 37.48%
Q3: 63.03%
Average

In 2025, the financial autonomy of ROYAL VELO FRANCE (4.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-13.48 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.01 years
Q3: 1.92 years
Excellent -13 pts over 3 years

In 2025, the repayment capacity of ROYAL VELO FRANCE (-13.48) 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 198.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

198.018

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

-29.857

Liquidity indicators evolution
ROYAL VELO FRANCE

Sector positioning

Liquidity ratio
198.02 2025
2023
2024
2025
Q1: 128.79
Med: 214.38
Q3: 394.35
Average -10 pts over 3 years

In 2025, the liquidity ratio of ROYAL VELO FRANCE (198.02) 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.

Interest coverage
-29.86x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 4.67x
Watch

In 2025, the interest coverage of ROYAL VELO FRANCE (-29.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 162 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 187 days of revenue, i.e. 12.9 M€ to permanently finance. Over 2016-2025, WCR increased by +384%, 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

12 917 303 €

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

66 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

87 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

162 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

187 j

WCR and payment terms evolution
ROYAL VELO FRANCE

Positioning of ROYAL VELO FRANCE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Valuation estimate

Based on 124 transactions of similar company sales (all years), the value of ROYAL VELO FRANCE is estimated at 4 319 162 € (range 2 222 103€ - 12 437 658€). The price/revenue ratio is 0.17x (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
2222k€ 4319k€ 12437k€
4 319 162 € Range: 2 222 103€ - 12 437 658€
NAF 5 all-time

Valuation method used

Revenue Multiple
24 816 628 € × 0.17x = 4 319 163 €
Range: 2 222 104€ - 12 437 658€

Only this financial indicator is available for this company.

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) d'habillement et de chaussures)

Compare ROYAL VELO FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Frequently asked questions about ROYAL VELO FRANCE

What is the revenue of ROYAL VELO FRANCE ?

The revenue of ROYAL VELO FRANCE in 2025 is 24.8 M€.

Is ROYAL VELO FRANCE profitable?

ROYAL VELO FRANCE recorded a net loss in 2025.

Where is the headquarters of ROYAL VELO FRANCE ?

The headquarters of ROYAL VELO FRANCE is located in TORVILLIERS (10440), in the department Aube.

Where to find the tax return of ROYAL VELO FRANCE ?

The tax return of ROYAL VELO FRANCE 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 ROYAL VELO FRANCE operate?

ROYAL VELO FRANCE operates in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures (NAF code 46.42Z). See the 'Sector positioning' section above to compare the company with its competitors.