SIREN : 490853751
VELVET is a French company founded 19 years ago, specialized in the sector Activités vétérinaires. Based in LACAUNE (81230), this company of category PME shows in 2024 a revenue of 3.7 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 708 346 € | 3 477 621 € | 3 177 319 € | 2 720 502 € | 2 539 742 € | 2 347 493 € | 2 162 077 € | 2 069 497 € |
| Net income | 25 622 € | 18 338 € | 93 150 € | 109 086 € | 97 626 € | 85 719 € | 147 219 € | 125 504 € |
| EBITDA | 85 369 € | 80 964 € | 157 198 € | 155 433 € | 165 111 € | 121 978 € | 212 492 € | 179 885 € |
| Net margin | 0.7% | 0.5% | 2.9% | 4.0% | 3.8% | 3.7% | 6.8% | 6.1% |
In 2024, VELVET achieves revenue of 3.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.6%. Vs 2023: +7%. After deducting consumption (1.6 M€), gross margin stands at 2.1 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 85 k€, representing 2.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.
3 708 346 €
2 089 675 €
85 369 €
37 021 €
25 622 €
2.3%
The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
73.646%
37.225%
1.951%
6.165
In 2024, the debt ratio of VELVET (73.65) 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 VELVET (37.2%) 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 2024, the repayment capacity of VELVET (6.17) 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement. The interest coverage ratio (= EBIT / Interest expenses) is 13.7x. Operating income very largely covers interest expenses: high safety margin.
0.0
13.657
In 2024, the liquidity ratio of VELVET (0.00) 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 VELVET (13.7x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. Excellent situation: suppliers finance 47 days of the operating cycle (retail model). WCR is negative (-33 days): operations structurally generate cash. Notable WCR improvement over the period (-140%), freeing up cash.
-338 980 €
0 j
47 j
0 j
-33 j
Compare VELVET with other companies in the same sector:
Voir toutes les statistiques du secteur Activités vétérinaires
The revenue of VELVET in 2024 is 3.7 M€.
Yes, VELVET generated a net profit of 26 k€ in 2024.
The headquarters of VELVET is located in LACAUNE (81230), in the department Tarn.
The tax return of VELVET 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).
VELVET operates in the sector Activités vétérinaires (NAF code 75.00Z). See the 'Sector positioning' section above to compare the company with its competitors.