SOC VAROISE CONSTRUCTION ROUTIERE : revenue, balance sheet and financial ratios

SOC VAROISE CONSTRUCTION ROUTIERE is a French company founded 43 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in LA GARDE (83130), this company of category ETI shows in 2024 a revenue of 30.3 M€. 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 - SOC VAROISE CONSTRUCTION ROUTIERE (SIREN 324623677)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 30 285 421 € 24 106 897 € 18 113 138 € 17 423 122 € 18 363 224 € 19 608 872 € 14 534 251 € 14 994 005 € N/C
Net income -194 525 € 184 473 € -343 972 € 209 143 € 56 739 € 93 470 € -51 355 € 317 155 € -215 506 €
EBITDA 2 095 € 339 123 € -221 723 € -216 294 € 96 587 € 239 086 € -36 770 € -27 361 € N/C
Net margin -0.6% 0.8% -1.9% 1.2% 0.3% 0.5% -0.4% 2.1% N/C

Revenue and income statement

In 2024, SOC VAROISE CONSTRUCTION ROUTIERE achieves revenue of 30.3 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.6%. Vs 2023, growth of +26% (24.1 M€ -> 30.3 M€). After deducting consumption (9.5 M€), gross margin stands at 20.8 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2 k€, representing 0.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -195 k€ (-0.6% 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

30 285 421 €

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

20 776 283 €

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

2 095 €

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

-143 518 €

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

-194 525 €

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

0.0%

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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 1623%. 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 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

1623.095%

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

2.496%

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

-0.201%

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

-32.707

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

22.1%

Solvency indicators evolution
SOC VAROISE CONSTRUCTION ROUTIERE

Sector positioning

Debt ratio
1623.1 2024
2022
2023
2024
Q1: 7.65
Med: 32.36
Q3: 83.34
Watch

In 2024, the debt ratio of SOC VAROISE CONSTRUCTION ... (1623.10) 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
2.5% 2024
2022
2023
2024
Q1: 20.63%
Med: 39.04%
Q3: 56.1%
Watch

In 2024, the financial autonomy of SOC VAROISE CONSTRUCTION ... (2.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-32.71 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.6 years
Q3: 2.11 years
Excellent

In 2024, the repayment capacity of SOC VAROISE CONSTRUCTION ... (-32.71) 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 108.49. 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 2844.0x. 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

108.49

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

2843.962

Liquidity indicators evolution
SOC VAROISE CONSTRUCTION ROUTIERE

Sector positioning

Liquidity ratio
108.49 2024
2022
2023
2024
Q1: 141.64
Med: 199.63
Q3: 301.04
Watch

In 2024, the liquidity ratio of SOC VAROISE CONSTRUCTION ... (108.49) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
2843.96x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.91x
Q3: 4.8x
Excellent +73 pts over 3 years

In 2024, the interest coverage of SOC VAROISE CONSTRUCTION ... (2844.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 95 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 122 days of revenue, i.e. 10.2 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

10 231 929 €

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

95 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

68 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

35 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

122 j

WCR and payment terms evolution
SOC VAROISE CONSTRUCTION ROUTIERE

Positioning of SOC VAROISE CONSTRUCTION ROUTIERE in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Similar companies (Travaux de terrassement courants et travaux préparatoires)

Compare SOC VAROISE CONSTRUCTION ROUTIERE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about SOC VAROISE CONSTRUCTION ROUTIERE

What is the revenue of SOC VAROISE CONSTRUCTION ROUTIERE ?

The revenue of SOC VAROISE CONSTRUCTION ROUTIERE in 2024 is 30.3 M€.

Is SOC VAROISE CONSTRUCTION ROUTIERE profitable?

SOC VAROISE CONSTRUCTION ROUTIERE recorded a net loss in 2024.

Where is the headquarters of SOC VAROISE CONSTRUCTION ROUTIERE ?

The headquarters of SOC VAROISE CONSTRUCTION ROUTIERE is located in LA GARDE (83130), in the department Var.

Where to find the tax return of SOC VAROISE CONSTRUCTION ROUTIERE ?

The tax return of SOC VAROISE CONSTRUCTION ROUTIERE 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 SOC VAROISE CONSTRUCTION ROUTIERE operate?

SOC VAROISE CONSTRUCTION ROUTIERE operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.