VERCORS IMMOBILIER : revenue, balance sheet and financial ratios

VERCORS IMMOBILIER is a French company founded 38 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in GRENOBLE (38000), this company of category GE shows in 2024 a revenue of 390 k€. 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

Financial history - VERCORS IMMOBILIER (SIREN 341983476)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 389 905 € 321 714 € 2 211 141 € 2 938 585 € N/C N/C N/C N/C N/C
Net income 100 350 € 101 655 € 92 518 € 297 283 € 156 642 € 83 607 € 60 469 € -13 427 € 54 497 €
EBITDA 202 875 € 182 627 € 181 980 € 353 762 € N/C N/C N/C N/C N/C
Net margin 25.7% 31.6% 4.2% 10.1% N/C N/C N/C N/C N/C

Revenue and income statement

In 2024, VERCORS IMMOBILIER achieves revenue of 390 k€. Revenue is declining over the period 2021-2024 (CAGR: -49.0%). Vs 2023, growth of +21% (322 k€ -> 390 k€). After deducting consumption (0 €), gross margin stands at 390 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 203 k€, representing 52.0% of revenue. Warning negative scissor effect: despite revenue change (+21%), EBITDA varies by +11%, reducing margin by 4.7 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 100 k€, i.e. 25.7% 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

389 905 €

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

389 905 €

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

202 875 €

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

133 800 €

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

100 350 €

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

52.0%

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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 455%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 35.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

455.327%

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

16.013%

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

35.76%

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

34.084

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

10.6%

Solvency indicators evolution
VERCORS IMMOBILIER

Sector positioning

Debt ratio
455.33 2024
2022
2023
2024
Q1: 0.0
Med: 10.09
Q3: 67.7
Average

In 2024, the debt ratio of VERCORS IMMOBILIER (455.33) 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
16.01% 2024
2022
2023
2024
Q1: 3.13%
Med: 14.35%
Q3: 43.65%
Good +7 pts over 3 years

In 2024, the financial autonomy of VERCORS IMMOBILIER (16.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
34.08 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.18 years
Q3: 4.28 years
Watch

In 2024, the repayment capacity of VERCORS IMMOBILIER (34.08) 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 157.17. 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

157.172

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
VERCORS IMMOBILIER

Sector positioning

Liquidity ratio
157.17 2024
2022
2023
2024
Q1: 100.01
Med: 116.53
Q3: 409.53
Good -18 pts over 3 years

In 2024, the liquidity ratio of VERCORS IMMOBILIER (157.17) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 7.73x
Average -36 pts over 3 years

In 2024, the interest coverage of VERCORS IMMOBILIER (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: 371 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 899 days. Excellent situation: suppliers finance 528 days of the operating cycle (retail model). Overall, WCR represents 900 days of revenue, i.e. 975 k€ to permanently finance.

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

975 180 €

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

371 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

899 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

900 j

WCR and payment terms evolution
VERCORS IMMOBILIER

Positioning of VERCORS IMMOBILIER in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Based on 277 transactions of similar company sales (all years), the value of VERCORS IMMOBILIER is estimated at 212 697 € (range 72 962€ - 616 612€). With an EBITDA of 202 875€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.29x (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
277 transactions
72k€ 212k€ 616k€
212 697 € Range: 72 962€ - 616 612€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
202 875 € × 1.3x
Estimation 269 067 €
93 619€ - 811 809€
Revenue Multiple 30%
389 905 € × 0.29x
Estimation 111 261 €
53 628€ - 242 729€
Net Income Multiple 20%
100 350 € × 2.2x
Estimation 223 926 €
50 324€ - 689 447€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 277 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 (Administration d'immeubles et autres biens immobiliers)

Compare VERCORS IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about VERCORS IMMOBILIER

What is the revenue of VERCORS IMMOBILIER ?

The revenue of VERCORS IMMOBILIER in 2024 is 390 k€.

Is VERCORS IMMOBILIER profitable?

Yes, VERCORS IMMOBILIER generated a net profit of 100 k€ in 2024.

Where is the headquarters of VERCORS IMMOBILIER ?

The headquarters of VERCORS IMMOBILIER is located in GRENOBLE (38000), in the department Isere.

Where to find the tax return of VERCORS IMMOBILIER ?

The tax return of VERCORS IMMOBILIER 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 VERCORS IMMOBILIER operate?

VERCORS IMMOBILIER operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.