VEEAM SOFTWARE FRANCE : revenue, balance sheet and financial ratios

VEEAM SOFTWARE FRANCE is a French company founded 17 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in PUTEAUX (92800), this company of category ETI shows in 2024 a revenue of 209.2 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 - VEEAM SOFTWARE FRANCE (SIREN 511085177)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 209 248 900 € 174 586 779 € 154 701 304 € 130 797 087 € 112 549 595 € 110 953 391 € 102 743 070 € 82 879 334 € 34 437 565 €
Net income 3 910 202 € 3 222 171 € 2 795 810 € 2 777 299 € 1 835 548 € 1 667 510 € 2 062 136 € 1 591 819 € 1 270 133 €
EBITDA 4 340 368 € 7 077 387 € 3 322 665 € 1 725 546 € 5 811 161 € 2 318 643 € 3 467 397 € 5 496 157 € 624 085 €
Net margin 1.9% 1.8% 1.8% 2.1% 1.6% 1.5% 2.0% 1.9% 3.7%

Revenue and income statement

In 2024, VEEAM SOFTWARE FRANCE achieves revenue of 209.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +25.3%. Vs 2023, growth of +20% (174.6 M€ -> 209.2 M€). After deducting consumption (0 €), gross margin stands at 209.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.3 M€, representing 2.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.9 M€, i.e. 1.9% of revenue. This profit can be retained or distributed to shareholders.

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

209 248 900 €

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

209 248 900 €

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

4 340 368 €

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

5 773 931 €

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

3 910 202 €

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

2.1%

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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 169%. 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 29%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

169.187%

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

29.369%

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

1.85%

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

9.929

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

42.2%

Solvency indicators evolution
VEEAM SOFTWARE FRANCE

Sector positioning

Debt ratio
169.19 2024
2022
2023
2024
Q1: 0.0
Med: 3.93
Q3: 32.58
Average

In 2024, the debt ratio of VEEAM SOFTWARE FRANCE (169.19) 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
29.37% 2024
2022
2023
2024
Q1: 7.97%
Med: 34.38%
Q3: 62.44%
Average +6 pts over 3 years

In 2024, the financial autonomy of VEEAM SOFTWARE FRANCE (29.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
9.93 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.5 years
Watch

In 2024, the repayment capacity of VEEAM SOFTWARE FRANCE (9.93) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 568.73. 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

568.727

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

0.0

Liquidity indicators evolution
VEEAM SOFTWARE FRANCE

Sector positioning

Liquidity ratio
568.73 2024
2022
2023
2024
Q1: 141.9
Med: 230.48
Q3: 460.89
Excellent

In 2024, the liquidity ratio of VEEAM SOFTWARE FRANCE (568.73) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.04x
Average -50 pts over 3 years

In 2024, the interest coverage of VEEAM SOFTWARE FRANCE (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3 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 83 days of revenue, i.e. 48.1 M€ to permanently finance. Over 2016-2024, WCR increased by +2831%, 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

48 051 917 €

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

84 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

3 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

0 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

83 j

WCR and payment terms evolution
VEEAM SOFTWARE FRANCE

Positioning of VEEAM SOFTWARE FRANCE in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of VEEAM SOFTWARE FRANCE is estimated at 13 349 406 € (range 6 703 958€ - 31 159 194€). With an EBITDA of 4 340 368€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (conservative valuation). 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 2024
215 transactions
6703k€ 13349k€ 31159k€
13 349 406 € Range: 6 703 958€ - 31 159 194€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
4 340 368 € × 1.0x
Estimation 4 239 016 €
1 601 092€ - 18 733 283€
Revenue Multiple 30%
209 248 900 € × 0.16x
Estimation 33 587 303 €
18 016 238€ - 61 352 396€
Net Income Multiple 20%
3 910 202 € × 1.5x
Estimation 5 768 535 €
2 492 708€ - 16 934 168€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Conseil en systèmes et logiciels informatiques)

Compare VEEAM SOFTWARE FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about VEEAM SOFTWARE FRANCE

What is the revenue of VEEAM SOFTWARE FRANCE ?

The revenue of VEEAM SOFTWARE FRANCE in 2024 is 209.2 M€.

Is VEEAM SOFTWARE FRANCE profitable?

Yes, VEEAM SOFTWARE FRANCE generated a net profit of 3.9 M€ in 2024.

Where is the headquarters of VEEAM SOFTWARE FRANCE ?

The headquarters of VEEAM SOFTWARE FRANCE is located in PUTEAUX (92800), in the department Hauts-de-Seine.

Where to find the tax return of VEEAM SOFTWARE FRANCE ?

The tax return of VEEAM SOFTWARE FRANCE 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 VEEAM SOFTWARE FRANCE operate?

VEEAM SOFTWARE FRANCE operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.