SIREN : 492238142
VARIATION is a French company founded 19 years ago, specialized in the sector Fabrication de sièges d'ameublement d'intérieur. Based in TOURNUS (71700), this company of category PME shows in 2024 a revenue of 4.7 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 729 693 € | 5 399 005 € | 6 620 772 € | 7 300 711 € | 5 168 368 € | 5 595 072 € | 5 211 476 € | 5 537 259 € | 5 348 075 € |
| Net income | -437 735 € | -130 811 € | 115 058 € | 224 380 € | -5 348 € | 536 € | -202 386 € | 42 987 € | 195 871 € |
| EBITDA | -386 896 € | 9 434 € | 163 209 € | 335 292 € | -126 819 € | -46 281 € | -149 003 € | -65 222 € | -20 050 € |
| Net margin | -9.3% | -2.4% | 1.7% | 3.1% | -0.1% | 0.0% | -3.9% | 0.8% | 3.7% |
In 2024, VARIATION achieves revenue of 4.7 M€. Activity remains stable over the period (CAGR: -1.5%). Significant drop of -12% vs 2023. After deducting consumption (1.3 M€), gross margin stands at 3.4 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -387 k€, representing -8.2% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -4201%, reducing margin by 8.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -438 k€ (-9.3% of revenue), which will impact equity.
4 729 693 €
3 402 141 €
-386 896 €
-424 790 €
-437 735 €
-8.2%
The debt ratio (= Financial debt / Equity x 100) stands at 59%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
59.384%
15.963%
-8.34%
-0.121
19.3%
In 2024, the debt ratio of VARIATION (59.38) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of VARIATION (16.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of VARIATION (-0.12) 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 113.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
113.447
-0.246
In 2024, the liquidity ratio of VARIATION (113.45) 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 2024, the interest coverage of VARIATION (-0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 19 days of revenue, i.e. 250 k€ to permanently finance. Notable WCR improvement over the period (-80%), freeing up cash.
250 201 €
0 j
25 j
45 j
19 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 800 110€ to 1 234 274€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 VARIATION with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de sièges d'ameublement d'intérieur
The revenue of VARIATION in 2024 is 4.7 M€.
VARIATION recorded a net loss in 2024.
The headquarters of VARIATION is located in TOURNUS (71700), in the department Saone-et-Loire.
The tax return of VARIATION 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).
VARIATION operates in the sector Fabrication de sièges d'ameublement d'intérieur (NAF code 31.09A). See the 'Sector positioning' section above to compare the company with its competitors.