SIREN : 504867300
VENCOREX HOLDING is a French company founded 17 years ago, specialized in the sector Gestion de fonds. Based in LYON (69006), this company of category ETI shows in 2024 a revenue of 22.4 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22 422 104 € | 6 911 683 € | 4 630 355 € | 3 813 762 € | 4 518 578 € | 4 530 345 € | 3 809 175 € | 3 170 764 € | 4 485 146 € |
| Net income | -268 383 882 € | -60 928 653 € | 1 721 571 € | 1 179 813 € | -34 722 276 € | 10 628 515 € | -16 982 643 € | -15 899 039 € | -49 092 161 € |
| EBITDA | 706 173 € | -301 122 € | -824 129 € | -563 698 € | 63 799 € | -98 824 € | 295 808 € | 113 975 € | 790 140 € |
| Net margin | -1197.0% | -881.5% | 37.2% | 30.9% | -768.4% | 234.6% | -445.8% | -501.4% | -1094.5% |
In 2024, VENCOREX HOLDING achieves revenue of 22.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +22.3%. Vs 2023, growth of +224% (6.9 M€ -> 22.4 M€). After deducting consumption (0 €), gross margin stands at 22.4 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 706 k€, representing 3.1% of revenue. Positive scissor effect: EBITDA margin improves by +7.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -268.4 M€ (-1197.0% of revenue), which will impact equity.
22 422 104 €
22 422 104 €
706 173 €
-2 753 683 €
-268 383 882 €
3.1%
The debt ratio (= Financial debt / Equity x 100) stands at -102%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -551%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 181.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 6.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
-102.037%
-551.326%
6.773%
181.02
In 2024, the debt ratio of VENCOREX HOLDING (-102.04) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of VENCOREX HOLDING (-551.3%) 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 VENCOREX HOLDING (181.02) 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 85.24. 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 37423.8x. Operating income very largely covers interest expenses: high safety margin.
85.242
37423.847
In 2024, the liquidity ratio of VENCOREX HOLDING (85.24) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of VENCOREX HOLDING (37423.8x) 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: 191 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The gap of 136 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-25 days): operations structurally generate cash. Notable WCR improvement over the period (-102%), freeing up cash.
-1 569 772 €
191 j
55 j
0 j
-25 j
Based on 62 transactions of similar company sales
in 2024,
the value of VENCOREX HOLDING is estimated at
4 677 121 €
(range 1 982 982€ - 11 893 824€).
With an EBITDA of 706 173€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 62 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 VENCOREX HOLDING with other companies in the same sector:
The revenue of VENCOREX HOLDING in 2024 is 22.4 M€.
VENCOREX HOLDING recorded a net loss in 2024.
The headquarters of VENCOREX HOLDING is located in LYON (69006), in the department Rhone.
The tax return of VENCOREX HOLDING 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).
VENCOREX HOLDING operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.