VENDEENNE DE TOLERIE ET DE MECANIQUE : revenue, balance sheet and financial ratios

VENDEENNE DE TOLERIE ET DE MECANIQUE is a French company founded 33 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in FONTENAY-LE-COMTE (85200), this company of category PME shows in 2023 a revenue of 1.3 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

Financial history - VENDEENNE DE TOLERIE ET DE MECANIQUE (SIREN 389699851)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue 1 298 255 € N/C 1 495 778 € 1 303 267 € 1 297 353 € 1 339 275 € 1 044 563 €
Net income -31 501 € 16 867 € 41 679 € 5 796 € 18 633 € 42 630 € 11 885 €
EBITDA -125 922 € N/C 61 295 € 34 711 € 73 582 € 62 753 € 24 059 €
Net margin -2.4% N/C 2.8% 0.4% 1.4% 3.2% 1.1%

Revenue and income statement

In 2023, VENDEENNE DE TOLERIE ET DE MECANIQUE achieves revenue of 1.3 M€. Revenue is growing positively over 7 years (CAGR: +3.7%). After deducting consumption (401 k€), gross margin stands at 897 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -126 k€, representing -9.7% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -32 k€ (-2.4% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 298 255 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

897 126 €

EBITDA (2023) ?
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

-125 922 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-127 338 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-31 501 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.7%

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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 52%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

52.226%

Financial autonomy (2023) ?
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

22.079%

Cash flow / Revenue (2023) ?
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

-10.011%

Repayment capacity (2023) ?
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

-0.533

Asset age ratio (2023) ?
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

11.4%

Solvency indicators evolution
VENDEENNE DE TOLERIE ET DE MECANIQUE

Sector positioning

Debt ratio
52.23 2023
2021
2022
2023
Q1: 7.48
Med: 26.89
Q3: 65.8
Average

In 2023, the debt ratio of VENDEENNE DE TOLERIE ET D... (52.23) 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
22.08% 2023
2021
2022
2023
Q1: 25.08%
Med: 43.12%
Q3: 59.43%
Average -7 pts over 3 years

In 2023, the financial autonomy of VENDEENNE DE TOLERIE ET D... (22.1%) 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
-0.53 years 2023
2021
2023
Q1: 0.04 years
Med: 0.85 years
Q3: 2.26 years
Excellent -47 pts over 2 years

In 2023, the repayment capacity of VENDEENNE DE TOLERIE ET D... (-0.53) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 122.11. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

122.106

Interest coverage (2023) ?
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

-3.262

Liquidity indicators evolution
VENDEENNE DE TOLERIE ET DE MECANIQUE

Sector positioning

Liquidity ratio
122.11 2023
2021
2022
2023
Q1: 168.16
Med: 232.54
Q3: 329.08
Watch

In 2023, the liquidity ratio of VENDEENNE DE TOLERIE ET D... (122.11) 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.

Interest coverage
-3.26x 2023
2021
2023
Q1: 0.07x
Med: 1.31x
Q3: 4.95x
Watch -50 pts over 2 years

In 2023, the interest coverage of VENDEENNE DE TOLERIE ET D... (-3.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 44 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 81 days of revenue, i.e. 294 k€ to permanently finance. Over 2017-2023, WCR increased by +25%, requiring additional financing.

Operating WCR (2023) ?
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

293 535 €

Customer credit (2023) ?
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

63 j

Supplier credit (2023) ?
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

65 j

Inventory turnover (2023) ?
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

44 j

WCR in days of revenue (2023) ?
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

81 j

WCR and payment terms evolution
VENDEENNE DE TOLERIE ET DE MECANIQUE

Positioning of VENDEENNE DE TOLERIE ET DE MECANIQUE in its sector

Comparison with sector Fabrication de structures métalliques et de parties de structures

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of VENDEENNE DE TOLERIE ET DE MECANIQUE is estimated at 167 122 € (range 88 167€ - 212 189€). The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2023
56 tx
88k€ 167k€ 212k€
167 122 € Range: 88 167€ - 212 189€
NAF 5 all-time

Valuation method used

Revenue Multiple
1 298 255 € × 0.13x = 167 123 €
Range: 88 167€ - 212 189€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 56 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 (Fabrication de structures métalliques et de parties de structures)

Compare VENDEENNE DE TOLERIE ET DE MECANIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de structures métalliques et de parties de structures

Frequently asked questions about VENDEENNE DE TOLERIE ET DE MECANIQUE

What is the revenue of VENDEENNE DE TOLERIE ET DE MECANIQUE ?

The revenue of VENDEENNE DE TOLERIE ET DE MECANIQUE in 2023 is 1.3 M€.

Is VENDEENNE DE TOLERIE ET DE MECANIQUE profitable?

VENDEENNE DE TOLERIE ET DE MECANIQUE recorded a net loss in 2023.

Where is the headquarters of VENDEENNE DE TOLERIE ET DE MECANIQUE ?

The headquarters of VENDEENNE DE TOLERIE ET DE MECANIQUE is located in FONTENAY-LE-COMTE (85200), in the department Vendee.

Where to find the tax return of VENDEENNE DE TOLERIE ET DE MECANIQUE ?

The tax return of VENDEENNE DE TOLERIE ET DE MECANIQUE 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 VENDEENNE DE TOLERIE ET DE MECANIQUE operate?

VENDEENNE DE TOLERIE ET DE MECANIQUE operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.