SIREN : 751867946
VEGAS is a French company founded 13 years ago, specialized in the sector Activités des sociétés holding. Based in ANTONY (92160), this company of category PME shows in 2022 a revenue of 2.3 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 2 268 657 € | 3 598 755 € | 3 470 260 € | 4 186 650 € | 2 976 634 € | 1 930 485 € |
| Net income | 603 511 € | 303 610 € | 489 140 € | 950 619 € | -417 998 € | -260 549 € |
| EBITDA | 334 762 € | 847 693 € | 806 923 € | 727 781 € | 558 750 € | 138 428 € |
| Net margin | 26.6% | 8.4% | 14.1% | 22.7% | -14.0% | -13.5% |
In 2022, VEGAS achieves revenue of 2.3 M€. Revenue is growing positively over 6 years (CAGR: +3.3%). Significant drop of -37% vs 2021. After deducting consumption (0 €), gross margin stands at 2.3 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 335 k€, representing 14.8% of revenue. Warning negative scissor effect: despite revenue change (-37%), EBITDA varies by -61%, reducing margin by 8.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 604 k€, i.e. 26.6% of revenue. This profit can be retained or distributed to shareholders.
2 268 657 €
2 268 657 €
334 762 €
-165 329 €
603 511 €
14.8%
The debt ratio (= Financial debt / Equity x 100) stands at 408%. 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 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 46.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 34.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
407.9%
18.846%
34.032%
46.073
25.1%
In 2022, the debt ratio of VEGAS (407.90) 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 2022, the financial autonomy of VEGAS (18.9%) 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 2022, the repayment capacity of VEGAS (46.07) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1374.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 306.5x. Operating income very largely covers interest expenses: high safety margin.
1374.748
306.479
In 2022, the liquidity ratio of VEGAS (1374.75) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2022, the interest coverage of VEGAS (306.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 518 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. The gap of 408 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 4078 days of revenue, i.e. 25.7 M€ to permanently finance. Over 2017-2022, WCR increased by +242%, requiring additional financing.
25 697 146 €
518 j
110 j
0 j
4078 j
Based on 70 transactions of similar company sales
in 2022,
the value of VEGAS is estimated at
1 307 359 €
(range 542 078€ - 2 996 246€).
With an EBITDA of 334 762€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.67x
(in line with sector norms).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 70 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 VEGAS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of VEGAS in 2022 is 2.3 M€.
Yes, VEGAS generated a net profit of 604 k€ in 2022.
The headquarters of VEGAS is located in ANTONY (92160), in the department Hauts-de-Seine.
The tax return of VEGAS 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).
VEGAS operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.