SIREN : 537837858
VAR ECO is a French company founded 14 years ago, specialized in the sector Autres travaux spécialisés de construction. Based in SAINT-MAXIMIN-LA-SAINTE-BAUME (83470), this company of category PME shows in 2023 a revenue of 463 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 462 652 € | 468 116 € | 428 474 € | 686 263 € | 656 243 € | 449 134 € | 341 426 € |
| Net income | 19 617 € | -72 040 € | 1 690 € | 71 312 € | 69 631 € | 30 126 € | -65 466 € |
| EBITDA | 30 391 € | -53 248 € | 12 438 € | 110 577 € | 104 161 € | 43 361 € | -52 331 € |
| Net margin | 4.2% | -15.4% | 0.4% | 10.4% | 10.6% | 6.7% | -19.2% |
In 2023, VAR ECO achieves revenue of 463 k€. Revenue is growing positively over 7 years (CAGR: +4.4%). Slight decline of -1% vs 2021. After deducting consumption (0 €), gross margin stands at 463 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 30 k€, representing 6.6% of revenue. Positive scissor effect: EBITDA margin improves by +17.9 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 20 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
462 652 €
462 652 €
30 391 €
33 116 €
19 617 €
6.6%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 26%. The balance between equity and debt is satisfactory. 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 6.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
11.09%
26.038%
6.474%
0.204
24.1%
In 2023, the debt ratio of VAR ECO (11.09) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of VAR ECO (26.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of VAR ECO (0.20) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 121.95. 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 40.2x. Operating income very largely covers interest expenses: high safety margin.
121.953
40.157
In 2023, the liquidity ratio of VAR ECO (121.95) 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.
In 2023, the interest coverage of VAR ECO (40.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 97 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 16 days. The gap of 81 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 7 days of revenue, i.e. 9 k€ to permanently finance. Notable WCR improvement over the period (-68%), freeing up cash.
9 244 €
97 j
16 j
0 j
7 j
Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 18 868€ to 100 761€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare VAR ECO with other companies in the same sector:
Voir toutes les statistiques du secteur Autres travaux spécialisés de construction
The revenue of VAR ECO in 2023 is 463 k€.
Yes, VAR ECO generated a net profit of 20 k€ in 2023.
The headquarters of VAR ECO is located in SAINT-MAXIMIN-LA-SAINTE-BAUME (83470), in the department Var.
The tax return of VAR ECO 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).
VAR ECO operates in the sector Autres travaux spécialisés de construction (NAF code 43.99D). See the 'Sector positioning' section above to compare the company with its competitors.