VARIN TRAVAUX PUBLICS : revenue, balance sheet and financial ratios

VARIN TRAVAUX PUBLICS is a French company founded 11 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in REIGNAC-SUR-INDRE (37310), this company of category PME shows in 2024 a revenue of 3.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - VARIN TRAVAUX PUBLICS (SIREN 803556968)
Indicator 2024 2023 2022 2021 2020 2018 2017
Revenue 3 093 043 € 2 815 515 € 2 782 568 € 2 325 842 € 2 146 916 € 1 781 511 € 1 835 454 €
Net income -39 404 € 26 180 € 43 404 € -23 748 € -54 992 € 313 € 52 663 €
EBITDA -240 416 € 52 485 € 60 397 € -53 254 € -157 745 € 41 688 € 94 766 €
Net margin -1.3% 0.9% 1.6% -1.0% -2.6% 0.0% 2.9%

Revenue and income statement

In 2024, VARIN TRAVAUX PUBLICS achieves revenue of 3.1 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.7%. Vs 2023: +10%. After deducting consumption (843 k€), gross margin stands at 2.2 M€, i.e. a rate of 73%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -240 k€, representing -7.8% of revenue. Warning negative scissor effect: despite revenue change (+10%), EBITDA varies by -558%, reducing margin by 9.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -39 k€ (-1.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 093 043 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 249 972 €

EBITDA (2024) ?
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

-240 416 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-275 184 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-39 404 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-7.8%

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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 286%. 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 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

286.052%

Financial autonomy (2024) ?
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

5.213%

Cash flow / Revenue (2024) ?
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

-8.504%

Repayment capacity (2024) ?
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

-0.711

Asset age ratio (2024) ?
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

28.7%

Solvency indicators evolution
VARIN TRAVAUX PUBLICS

Sector positioning

Debt ratio
286.05 2024
2022
2023
2024
Q1: 7.67
Med: 32.36
Q3: 83.32
Watch

In 2024, the debt ratio of VARIN TRAVAUX PUBLICS (286.05) 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
5.21% 2024
2022
2023
2024
Q1: 20.82%
Med: 39.09%
Q3: 56.12%
Watch

In 2024, the financial autonomy of VARIN TRAVAUX PUBLICS (5.2%) 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.

Repayment capacity
-0.71 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.6 years
Q3: 2.11 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of VARIN TRAVAUX PUBLICS (-0.71) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 104.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

104.138

Interest coverage (2024) ?
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

-7.979

Liquidity indicators evolution
VARIN TRAVAUX PUBLICS

Sector positioning

Liquidity ratio
104.14 2024
2022
2023
2024
Q1: 141.46
Med: 199.6
Q3: 300.73
Watch

In 2024, the liquidity ratio of VARIN TRAVAUX PUBLICS (104.14) 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
-7.98x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.92x
Q3: 4.81x
Watch -50 pts over 3 years

In 2024, the interest coverage of VARIN TRAVAUX PUBLICS (-8.0x) 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 85 days of revenue, i.e. 729 k€ to permanently finance. Over 2017-2024, WCR increased by +39%, requiring additional financing.

Operating WCR (2024) ?
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

729 247 €

Customer credit (2024) ?
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

80 j

Supplier credit (2024) ?
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

82 j

Inventory turnover (2024) ?
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

14 j

WCR in days of revenue (2024) ?
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

85 j

WCR and payment terms evolution
VARIN TRAVAUX PUBLICS

Positioning of VARIN TRAVAUX PUBLICS in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Similar companies (Travaux de terrassement courants et travaux préparatoires)

Compare VARIN TRAVAUX PUBLICS with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about VARIN TRAVAUX PUBLICS

What is the revenue of VARIN TRAVAUX PUBLICS ?

The revenue of VARIN TRAVAUX PUBLICS in 2024 is 3.1 M€.

Is VARIN TRAVAUX PUBLICS profitable?

VARIN TRAVAUX PUBLICS recorded a net loss in 2024.

Where is the headquarters of VARIN TRAVAUX PUBLICS ?

The headquarters of VARIN TRAVAUX PUBLICS is located in REIGNAC-SUR-INDRE (37310), in the department Indre-et-Loire.

Where to find the tax return of VARIN TRAVAUX PUBLICS ?

The tax return of VARIN TRAVAUX PUBLICS 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 VARIN TRAVAUX PUBLICS operate?

VARIN TRAVAUX PUBLICS operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.