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VASSAL MICHEL SARL : revenue, balance sheet and financial ratios

VASSAL MICHEL SARL is a French company founded 28 years ago, specialized in the sector Services d'aménagement paysager . Based in CARDROC (35190), this company of category PME shows in 2023 a revenue of 1.5 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 - VASSAL MICHEL SARL (SIREN 417556719)
Indicator 2025 2024 2023 2022 2020 2019 2018 2017
Revenue N/C N/C 1 514 064 € N/C N/C N/C N/C N/C
Net income 211 392 € 163 254 € 181 072 € 232 495 € 74 254 € 66 401 € -13 807 € 39 665 €
EBITDA N/C N/C 204 948 € N/C N/C N/C N/C N/C
Net margin N/C N/C 12.0% N/C N/C N/C N/C N/C

Revenue and income statement

In 2025, VASSAL MICHEL SARL generates positive net income of 211 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2025: 40 k€ -> 211 k€.

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

211 392 €

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Chart evolution

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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 60%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

60.343%

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

50.18%

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

36.7%

Solvency indicators evolution
VASSAL MICHEL SARL

Sector positioning

Debt ratio
60.34 2025
2023
2024
2025
Q1: 8.08
Med: 27.61
Q3: 72.06
Average +9 pts over 3 years

In 2025, the debt ratio of VASSAL MICHEL SARL (60.34) 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
50.18% 2025
2023
2024
2025
Q1: 22.59%
Med: 40.68%
Q3: 57.38%
Good -7 pts over 3 years

In 2025, the financial autonomy of VASSAL MICHEL SARL (50.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
1.22 years 2023
2023
Q1: 0.0 years
Med: 0.49 years
Q3: 1.75 years
Average

In 2023, the repayment capacity of VASSAL MICHEL SARL (1.22) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 348.47. 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

348.468

Liquidity indicators evolution
VASSAL MICHEL SARL

Sector positioning

Liquidity ratio
348.47 2025
2023
2024
2025
Q1: 145.15
Med: 201.2
Q3: 300.36
Excellent

In 2025, the liquidity ratio of VASSAL MICHEL SARL (348.47) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
1.89x 2023
2023
Q1: 0.0x
Med: 0.57x
Q3: 2.7x
Good

In 2023, the interest coverage of VASSAL MICHEL SARL (1.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
VASSAL MICHEL SARL

Positioning of VASSAL MICHEL SARL in its sector

Comparison with sector Services d'aménagement paysager

Valuation estimate

Based on 125 transactions of similar company sales (all years), the value of VASSAL MICHEL SARL is estimated at 682 027 € (range 202 764€ - 1 519 930€). 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
125 transactions
202k€ 682k€ 1519k€
682 027 € Range: 202 764€ - 1 519 930€
NAF 5 all-time

Valuation method used

Net Income Multiple
211 392 € × 3.2x = 682 028 €
Range: 202 764€ - 1 519 931€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 125 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 (Services d'aménagement paysager )

Compare VASSAL MICHEL SARL with other companies in the same sector:

Frequently asked questions about VASSAL MICHEL SARL

What is the revenue of VASSAL MICHEL SARL ?

The revenue of VASSAL MICHEL SARL in 2023 is 1.5 M€.

Is VASSAL MICHEL SARL profitable?

Yes, VASSAL MICHEL SARL generated a net profit of 211 k€ in 2025.

Where is the headquarters of VASSAL MICHEL SARL ?

The headquarters of VASSAL MICHEL SARL is located in CARDROC (35190), in the department Ille-et-Vilaine.

Where to find the tax return of VASSAL MICHEL SARL ?

The tax return of VASSAL MICHEL SARL 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 VASSAL MICHEL SARL operate?

VASSAL MICHEL SARL operates in the sector Services d'aménagement paysager (NAF code 81.30Z). See the 'Sector positioning' section above to compare the company with its competitors.