SOCIETE D'EXERCICE LIBERAL V.S.H. : revenue, balance sheet and financial ratios

SOCIETE D'EXERCICE LIBERAL V.S.H. is a French company founded 22 years ago, specialized in the sector Activités vétérinaires. Based in ENGHIEN-LES-BAINS (95880), this company of category PME shows in 2023 a revenue of 616 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 - SOCIETE D'EXERCICE LIBERAL V.S.H. (SIREN 452906886)
Indicator 2023 2022 2021 2020 2017
Revenue 615 852 € 599 446 € 525 483 € 393 722 € 229 347 €
Net income 773 € -31 683 € 39 014 € 7 936 € 7 982 €
EBITDA 3 578 € -23 514 € 46 682 € 19 183 € 7 427 €
Net margin 0.1% -5.3% 7.4% 2.0% 3.5%

Revenue and income statement

In 2023, SOCIETE D'EXERCICE LIBERAL V.S.H. achieves revenue of 616 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +17.9%. Vs 2022: +3%. After deducting consumption (159 k€), gross margin stands at 457 k€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 0.6% of revenue. Positive scissor effect: EBITDA margin improves by +4.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 773 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

615 852 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

456 611 €

EBITDA (2023) ?
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

3 578 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

580 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

773 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.6%

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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 1%. 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 54%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.826%

Financial autonomy (2023) ?
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

53.696%

Cash flow / Revenue (2023) ?
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

0.605%

Repayment capacity (2023) ?
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

0.171

Asset age ratio (2023) ?
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

8.1%

Solvency indicators evolution
SOCIETE D'EXERCICE LIBERAL V.S.H.

Sector positioning

Debt ratio
0.83 2023
2021
2022
2023
Q1: 10.54
Med: 33.38
Q3: 98.64
Excellent

In 2023, the debt ratio of SOCIETE D'EXERCICE LIBERA... (0.83) 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
53.7% 2023
2021
2022
2023
Q1: 31.97%
Med: 53.16%
Q3: 68.68%
Good -12 pts over 3 years

In 2023, the financial autonomy of SOCIETE D'EXERCICE LIBERA... (53.7%) 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
0.17 years 2023
2021
2022
2023
Q1: 0.09 years
Med: 1.12 years
Q3: 2.64 years
Good

In 2023, the repayment capacity of SOCIETE D'EXERCICE LIBERA... (0.17) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 122.70. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

122.7

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
SOCIETE D'EXERCICE LIBERAL V.S.H.

Sector positioning

Liquidity ratio
122.7 2023
2021
2022
2023
Q1: 171.25
Med: 251.69
Q3: 365.04
Watch -5 pts over 3 years

In 2023, the liquidity ratio of SOCIETE D'EXERCICE LIBERA... (122.70) 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
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 1.09x
Q3: 3.75x
Average

In 2023, the interest coverage of SOCIETE D'EXERCICE LIBERA... (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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 17 days of revenue, i.e. 29 k€ to permanently finance. Over 2017-2023, WCR increased by +125%, requiring additional financing.

Operating WCR (2023) ?
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

28 545 €

Customer credit (2023) ?
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

1 j

Supplier credit (2023) ?
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

37 j

Inventory turnover (2023) ?
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

24 j

WCR in days of revenue (2023) ?
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

17 j

WCR and payment terms evolution
SOCIETE D'EXERCICE LIBERAL V.S.H.

Positioning of SOCIETE D'EXERCICE LIBERAL V.S.H. in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare SOCIETE D'EXERCICE LIBERAL V.S.H. with other companies in the same sector:

Voir toutes les statistiques du secteur Activités vétérinaires

Frequently asked questions about SOCIETE D'EXERCICE LIBERAL V.S.H.

What is the revenue of SOCIETE D'EXERCICE LIBERAL V.S.H. ?

The revenue of SOCIETE D'EXERCICE LIBERAL V.S.H. in 2023 is 616 k€.

Is SOCIETE D'EXERCICE LIBERAL V.S.H. profitable?

Yes, SOCIETE D'EXERCICE LIBERAL V.S.H. generated a net profit of 773€ in 2023.

Where is the headquarters of SOCIETE D'EXERCICE LIBERAL V.S.H. ?

The headquarters of SOCIETE D'EXERCICE LIBERAL V.S.H. is located in ENGHIEN-LES-BAINS (95880), in the department Val-d'Oise.

Where to find the tax return of SOCIETE D'EXERCICE LIBERAL V.S.H. ?

The tax return of SOCIETE D'EXERCICE LIBERAL V.S.H. 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 SOCIETE D'EXERCICE LIBERAL V.S.H. operate?

SOCIETE D'EXERCICE LIBERAL V.S.H. operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.