SIREN : 437845639
VARETANCHE is a French company founded 25 years ago, specialized in the sector Travaux d'étanchéification. Based in SIX-FOURS-LES-PLAGES (83140), this company of category PME shows in 2017 a revenue of 3.5 M€. 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 | 2017 | 2016 |
|---|---|---|
| Revenue | 3 531 327 € | 3 817 275 € |
| Net income | 10 826 € | 8 380 € |
| EBITDA | -15 594 € | 35 902 € |
| Net margin | 0.3% | 0.2% |
In 2017, VARETANCHE achieves revenue of 3.5 M€. Slight decline of -7% vs 2016. After deducting consumption (1.1 M€), gross margin stands at 2.4 M€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -16 k€, representing -0.4% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11 k€, i.e. 0.3% of revenue. This profit can be retained or distributed to shareholders.
3 531 327 €
2 386 738 €
-15 594 €
-11 259 €
10 826 €
-0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 399%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
399.033%
7.34%
-0.635%
-20.658
12.3%
In 2017, the debt ratio of VARETANCHE (399.03) 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.
In 2017, the financial autonomy of VARETANCHE (7.3%) 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 2017, the repayment capacity of VARETANCHE (-20.66) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 148.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
148.512
-28.787
In 2017, the liquidity ratio of VARETANCHE (148.51) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2017, the interest coverage of VARETANCHE (-28.8x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 38 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 131 days of revenue, i.e. 1.3 M€ to permanently finance.
1 283 673 €
96 j
101 j
38 j
131 j
Indicative estimate only : the number of comparable transactions in this sector is limited (30 transactions). This range of 242 163€ to 626 530€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 30 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 VARETANCHE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of VARETANCHE in 2017 is 3.5 M€.
Yes, VARETANCHE generated a net profit of 11 k€ in 2017.
The headquarters of VARETANCHE is located in SIX-FOURS-LES-PLAGES (83140), in the department Var.
The tax return of VARETANCHE 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).
VARETANCHE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.