VAFC-VALENCIENNES SPORT DEVELOPPEMENT : revenue, balance sheet and financial ratios

VAFC-VALENCIENNES SPORT DEVELOPPEMENT is a French company founded 21 years ago, specialized in the sector Activités de clubs de sports. Based in FAMARS (59300), this company of category PME shows in 2025 a revenue of 3.9 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 - VAFC-VALENCIENNES SPORT DEVELOPPEMENT (SIREN 478407257)
Indicator 2025 2024 2022 2021 2020 2019 2017 2016
Revenue 3 864 705 € 7 290 036 € 5 896 804 € 6 172 957 € 7 155 317 € 7 682 690 € 8 723 340 € 8 967 910 €
Net income -7 404 211 € -7 486 936 € -6 359 445 € -937 006 € 368 985 € -2 526 423 € 649 850 € 1 014 564 €
EBITDA -10 443 189 € -10 422 608 € -8 006 665 € -4 020 851 € -3 440 565 € -5 421 033 € -1 942 193 € -2 460 227 €
Net margin -191.6% -102.7% -107.8% -15.2% 5.2% -32.9% 7.4% 11.3%

Revenue and income statement

In 2025, VAFC-VALENCIENNES SPORT DEVELOPPEMENT achieves revenue of 3.9 M€. Revenue is declining over the period 2016-2025 (CAGR: -8.9%). Significant drop of -47% vs 2024. After deducting consumption (485 k€), gross margin stands at 3.4 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -10.4 M€, representing -270.2% of revenue. Warning negative scissor effect: despite revenue change (-47%), EBITDA varies by -0%, reducing margin by 127.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -7.4 M€ (-191.6% 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

3 864 705 €

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

3 379 895 €

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

-10 443 189 €

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

-10 420 212 €

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

-7 404 211 €

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

-242.2%

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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 73%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.

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

73.183%

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

38.99%

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

-251.161%

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

-0.33

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

40.7%

Solvency indicators evolution
VAFC-VALENCIENNES SPORT DEVELOPPEMENT

Sector positioning

Debt ratio
73.18 2025
2022
2024
2025
Q1: 0.73
Med: 28.3
Q3: 118.88
Average +42 pts over 3 years

In 2025, the debt ratio of VAFC-VALENCIENNES SPORT D... (73.18) 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
38.99% 2025
2022
2024
2025
Q1: 8.91%
Med: 23.2%
Q3: 37.37%
Excellent +52 pts over 3 years

In 2025, the financial autonomy of VAFC-VALENCIENNES SPORT D... (39.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.33 years 2025
2022
2024
2025
Q1: -0.66 years
Med: -0.2 years
Q3: 0.0 years
Good +16 pts over 3 years

In 2025, the repayment capacity of VAFC-VALENCIENNES SPORT D... (-0.33) 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 80.98. 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

80.982

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

-5.267

Liquidity indicators evolution
VAFC-VALENCIENNES SPORT DEVELOPPEMENT

Sector positioning

Liquidity ratio
80.98 2025
2022
2024
2025
Q1: 104.78
Med: 149.38
Q3: 198.16
Watch

In 2025, the liquidity ratio of VAFC-VALENCIENNES SPORT D... (80.98) 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
-5.27x 2025
2022
2024
2025
Q1: -3.61x
Med: -0.51x
Q3: 0.0x
Watch

In 2025, the interest coverage of VAFC-VALENCIENNES SPORT D... (-5.3x) 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: 191 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 128 days. The gap of 63 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 139 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2016-2025, WCR increased by +200%, 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

1 495 602 €

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

191 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

128 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

1 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

139 j

WCR and payment terms evolution
VAFC-VALENCIENNES SPORT DEVELOPPEMENT

Positioning of VAFC-VALENCIENNES SPORT DEVELOPPEMENT in its sector

Comparison with sector Activités de clubs de sports

Valuation estimate

Based on 161 transactions of similar company sales (all years), the value of VAFC-VALENCIENNES SPORT DEVELOPPEMENT is estimated at 2 395 148 € (range 1 198 607€ - 3 855 472€). The price/revenue ratio is 0.62x (in line with sector norms). 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
161 transactions
1198k€ 2395k€ 3855k€
2 395 148 € Range: 1 198 607€ - 3 855 472€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
3 864 705 € × 0.62x = 2 395 149 €
Range: 1 198 607€ - 3 855 473€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 161 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 (Activités de clubs de sports)

Compare VAFC-VALENCIENNES SPORT DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de clubs de sports

Frequently asked questions about VAFC-VALENCIENNES SPORT DEVELOPPEMENT

What is the revenue of VAFC-VALENCIENNES SPORT DEVELOPPEMENT ?

The revenue of VAFC-VALENCIENNES SPORT DEVELOPPEMENT in 2025 is 3.9 M€.

Is VAFC-VALENCIENNES SPORT DEVELOPPEMENT profitable?

VAFC-VALENCIENNES SPORT DEVELOPPEMENT recorded a net loss in 2025.

Where is the headquarters of VAFC-VALENCIENNES SPORT DEVELOPPEMENT ?

The headquarters of VAFC-VALENCIENNES SPORT DEVELOPPEMENT is located in FAMARS (59300), in the department Nord.

Where to find the tax return of VAFC-VALENCIENNES SPORT DEVELOPPEMENT ?

The tax return of VAFC-VALENCIENNES SPORT DEVELOPPEMENT 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 VAFC-VALENCIENNES SPORT DEVELOPPEMENT operate?

VAFC-VALENCIENNES SPORT DEVELOPPEMENT operates in the sector Activités de clubs de sports (NAF code 93.12Z). See the 'Sector positioning' section above to compare the company with its competitors.