V2V MATERIELS ET SERVICES MANUTENTION : revenue, balance sheet and financial ratios

V2V MATERIELS ET SERVICES MANUTENTION is a French company founded 20 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers. Based in MONT-DE-MARSAN (40000), this company of category ETI shows in 2025 a revenue of 33.8 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 - V2V MATERIELS ET SERVICES MANUTENTION (SIREN 488527714)
Indicator 2025 2024 2023 2022 2021 2020 2018 2017
Revenue 33 800 592 € 45 690 759 € 38 456 872 € 34 862 007 € 21 542 347 € 21 299 082 € 18 684 293 € 16 780 505 €
Net income 176 775 € 1 020 287 € 942 554 € 722 570 € 736 260 € 661 439 € 361 931 € 507 462 €
EBITDA 83 125 € 2 163 964 € 1 701 923 € 1 282 987 € 1 021 772 € 931 126 € 623 678 € 704 103 €
Net margin 0.5% 2.2% 2.5% 2.1% 3.4% 3.1% 1.9% 3.0%

Revenue and income statement

In 2025, V2V MATERIELS ET SERVICES MANUTENTION achieves revenue of 33.8 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +9.1%. Significant drop of -26% vs 2024. After deducting consumption (23.1 M€), gross margin stands at 10.7 M€, i.e. a rate of 32%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 83 k€, representing 0.2% of revenue. Warning negative scissor effect: despite revenue change (-26%), EBITDA varies by -96%, reducing margin by 4.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 177 k€, i.e. 0.5% of revenue. This profit can be retained or distributed to shareholders.

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

33 800 592 €

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

10 671 389 €

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

83 125 €

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

372 107 €

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

176 775 €

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

0.2%

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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 111%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1597.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

110.933%

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

30.118%

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

0.009%

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

1597.378

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

14.4%

Solvency indicators evolution
V2V MATERIELS ET SERVICES MANUTENTION

Sector positioning

Debt ratio
110.93 2025
2023
2024
2025
Q1: 0.39
Med: 11.18
Q3: 37.8
Watch

In 2025, the debt ratio of V2V MATERIELS ET SERVICES... (110.93) 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
30.12% 2025
2023
2024
2025
Q1: 31.79%
Med: 51.32%
Q3: 67.58%
Average -6 pts over 3 years

In 2025, the financial autonomy of V2V MATERIELS ET SERVICES... (30.1%) 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
1597.38 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.29 years
Q3: 1.75 years
Watch +23 pts over 3 years

In 2025, the repayment capacity of V2V MATERIELS ET SERVICES... (1597.38) 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 267.32. 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 301.2x. Operating income very largely covers interest expenses: high safety margin.

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

267.316

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

301.235

Liquidity indicators evolution
V2V MATERIELS ET SERVICES MANUTENTION

Sector positioning

Liquidity ratio
267.32 2025
2023
2024
2025
Q1: 184.94
Med: 264.51
Q3: 393.27
Good +16 pts over 3 years

In 2025, the liquidity ratio of V2V MATERIELS ET SERVICES... (267.32) 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
301.24x 2025
2023
2024
2025
Q1: 0.0x
Med: 1.08x
Q3: 4.78x
Excellent +16 pts over 3 years

In 2025, the interest coverage of V2V MATERIELS ET SERVICES... (301.2x) 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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 75 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 96 days of revenue, i.e. 9.0 M€ to permanently finance. Over 2017-2025, WCR increased by +174%, 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

9 032 532 €

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

34 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

39 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

75 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

96 j

WCR and payment terms evolution
V2V MATERIELS ET SERVICES MANUTENTION

Positioning of V2V MATERIELS ET SERVICES MANUTENTION in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 608 208€ to 5 032 124€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
608k€ 865k€ 5032k€
865 623 € Range: 608 208€ - 5 032 124€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 33 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) de fournitures et équipements industriels divers)

Compare V2V MATERIELS ET SERVICES MANUTENTION with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers

Frequently asked questions about V2V MATERIELS ET SERVICES MANUTENTION

What is the revenue of V2V MATERIELS ET SERVICES MANUTENTION ?

The revenue of V2V MATERIELS ET SERVICES MANUTENTION in 2025 is 33.8 M€.

Is V2V MATERIELS ET SERVICES MANUTENTION profitable?

Yes, V2V MATERIELS ET SERVICES MANUTENTION generated a net profit of 177 k€ in 2025.

Where is the headquarters of V2V MATERIELS ET SERVICES MANUTENTION ?

The headquarters of V2V MATERIELS ET SERVICES MANUTENTION is located in MONT-DE-MARSAN (40000), in the department Landes.

Where to find the tax return of V2V MATERIELS ET SERVICES MANUTENTION ?

The tax return of V2V MATERIELS ET SERVICES MANUTENTION 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 V2V MATERIELS ET SERVICES MANUTENTION operate?

V2V MATERIELS ET SERVICES MANUTENTION operates in the sector Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (NAF code 46.69B). See the 'Sector positioning' section above to compare the company with its competitors.