SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE : revenue, balance sheet and financial ratios

SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE is a French company founded 4 years ago, specialized in the sector Activités vétérinaires. Based in AIX-EN-PROVENCE (13090), this company of category PME shows in 2023 a revenue of 22 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 - SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE (SIREN 907649123)
Indicator 2023 2022
Revenue 21 600 € 14 400 €
Net income 24 094 € 9 997 €
EBITDA 18 357 € 11 761 €
Net margin 111.5% 69.4%

Revenue and income statement

In 2023, SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE achieves revenue of 22 k€. Vs 2022, growth of +50% (14 k€ -> 22 k€). After deducting consumption (0 €), gross margin stands at 22 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 18 k€, representing 85.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 111.5% 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

21 600 €

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

21 600 €

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

18 357 €

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

18 356 €

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

24 094 €

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

85.0%

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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 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 44%. 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 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 111.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

120.508%

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

44.362%

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

111.546%

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

3.789

Solvency indicators evolution
SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE

Sector positioning

Debt ratio
120.51 2023
2022
2023
Q1: 10.54
Med: 33.38
Q3: 98.64
Average

In 2023, the debt ratio of SPFPL HORUS VET - SOCIETE... (120.51) 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
44.36% 2023
2022
2023
Q1: 31.97%
Med: 53.16%
Q3: 68.68%
Average +12 pts over 2 years

In 2023, the financial autonomy of SPFPL HORUS VET - SOCIETE... (44.4%) 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
3.79 years 2023
2022
2023
Q1: 0.09 years
Med: 1.12 years
Q3: 2.64 years
Watch

In 2023, the repayment capacity of SPFPL HORUS VET - SOCIETE... (3.79) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 360.20. 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 9.2x. Operating income very largely covers interest expenses: high safety margin.

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

360.199

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

9.19

Liquidity indicators evolution
SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE

Sector positioning

Liquidity ratio
360.2 2023
2022
2023
Q1: 171.25
Med: 251.69
Q3: 365.04
Good

In 2023, the liquidity ratio of SPFPL HORUS VET - SOCIETE... (360.20) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
9.19x 2023
2022
2023
Q1: 0.0x
Med: 1.09x
Q3: 3.75x
Excellent +50 pts over 2 years

In 2023, the interest coverage of SPFPL HORUS VET - SOCIETE... (9.2x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 137 days. Excellent situation: suppliers finance 77 days of the operating cycle (retail model). Overall, WCR represents 25 days of revenue, i.e. 2 k€ to permanently finance.

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

1 516 €

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

60 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

137 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

0 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

25 j

WCR and payment terms evolution
SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE

Positioning of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE in its sector

Comparison with sector Activités vétérinaires

Similar companies (Activités vétérinaires)

Compare SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités vétérinaires

Frequently asked questions about SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE

What is the revenue of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE ?

The revenue of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE in 2023 is 22 k€.

Is SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE profitable?

Yes, SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE generated a net profit of 24 k€ in 2023.

Where is the headquarters of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE ?

The headquarters of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE is located in AIX-EN-PROVENCE (13090), in the department Bouches-du-Rhone.

Where to find the tax return of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE ?

The tax return of SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE 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 SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE operate?

SPFPL HORUS VET - SOCIETE DE PARTICIPATIONS FINANCIERES DE PROFESSION LIBERALE DE VETERINAIRE PAR ACTION SIMPLIFIEE operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.