Le dernier exercice comptable publié pour cette entreprise remonte à 2021. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.

VIAGEM : revenue, balance sheet and financial ratios

VIAGEM is a French company founded 15 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie. Based in PARIS (75001), this company of category PME shows in 2021 a revenue of 122 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-08-08

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, VIAGEM posts positive profitability over the latest financial year. Its financial structure is solid, with debt well contained relative to its sector.

Financial history - VIAGEM (SIREN 533003588)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 122 313 € 106 055 € 103 509 € 95 987 € 147 971 € 141 842 €
Net income 15 363 € 9 088 € 530 € -2 197 € 16 052 € 22 454 €
EBITDA 18 078 € 10 399 € 528 € 1 181 € 19 224 € 27 040 €
Net margin 12.6% 8.6% 0.5% -2.3% 10.8% 15.8%

Revenue and income statement

In 2021, VIAGEM achieves revenue of 122 k€. Activity remains stable over the period (CAGR: -4.6%). Vs 2020, growth of +15% (106 k€ -> 122 k€). After deducting consumption (82 k€), gross margin stands at 40 k€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 18 k€, representing 14.8% of revenue. Positive scissor effect: EBITDA margin improves by +5.0 pts, sign of improved operational efficiency. Compared with its sector, this ratio places the company among the best positioned (sector median: 7.5%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 15 k€, i.e. 12.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

122 313 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

40 136 €

EBITDA (2021) ?
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

18 078 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

18 076 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

15 363 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.8%

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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 22%. This ratio is more favorable than the sector median (23.7%). Financial autonomy (= Equity / Total assets x 100) reaches 51%. This ratio is more favorable than the sector median (37.6%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Compared with its sector, this ratio places the company among the best positioned (sector median: 6.0%).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.94%

Financial autonomy (2021) ?
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

51.38%

Cash flow / Revenue (2021) ?
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

12.56%

Repayment capacity (2021) ?
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

1.14

Solvency indicators evolution
VIAGEM

Sector positioning

Debt ratio
21.94% 2021
Q1: 0.38%
Med: 23.67%
Q3: 105.02%
Good -10 pts over 3 years

In 2021, the debt ratio of VIAGEM (21.9%) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
51.38% 2021
Q1: 15.72%
Med: 37.64%
Q3: 62.14%
Good +23 pts over 3 years

In 2021, the financial autonomy of VIAGEM (51.4%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 2.66. This ratio is more favorable than the sector median (2.4).

Liquidity ratio (2021) ?
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

2.66

Interest coverage (2021) ?
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
VIAGEM

Sector positioning

Liquidity ratio
2.66 2021
Q1: 1.29
Med: 2.41
Q3: 3.61
Good +8 pts over 3 years

In 2021, the liquidity ratio of VIAGEM (2.66) 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 2021
Q1: 0.0x
Med: 0.72x
Q3: 6.99x
Average

In 2021, the interest coverage of VIAGEM (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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 272 days. Excellent situation: suppliers finance 263 days of the operating cycle (retail model). Inventory turnover is 282 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 269 days of revenue, i.e. 91 k€ to permanently finance. Between 2018 and 2021, WCR improved by 178 days of revenue, freeing up cash.

Operating WCR (2021) ?
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

91 354 €

Customer credit (2021) ?
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

9 j

Supplier credit (2021) ?
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

272 j

Inventory turnover (2021) ?
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

282 j

WCR in days of revenue (2021) ?
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

269 j

WCR and payment terms evolution
VIAGEM

Positioning of VIAGEM in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie

Valuation estimate

Based on 74 transactions of similar company sales in 2021, the value of VIAGEM is estimated at 16 976 € (range 7 690€ - 78 457€). With an EBITDA of 18 078€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.14x (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 2021
74 tx
7k€ 16k€ 78k€
16 976 € Range: 7 690€ - 78 457€
NAF 4 année 2021 Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
18 078 € × 1.0x
Estimation 18 764 €
7 944€ - 85 396€
Revenue Multiple 30%
122 313 € × 0.14x
Estimation 16 564 €
9 297€ - 58 356€
Net Income Multiple 20%
15 363 € × 0.9x
Estimation 13 123 €
4 645€ - 91 262€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 74 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 (Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie)

Compare VIAGEM with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie

Top companies in Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie

Largest companies by revenue in the sector Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie:

Top companies in Paris

Largest companies by revenue in the department Paris:

Voir le classement complet du département Paris

Frequently asked questions about VIAGEM

What is the revenue of VIAGEM ?

The revenue of VIAGEM in 2021 is 122 k€.

Is VIAGEM profitable?

Yes, VIAGEM generated a net profit of 15 k€ in 2021.

Where is the headquarters of VIAGEM ?

The headquarters of VIAGEM is located in PARIS (75001), in the department Paris.

Where to find the tax return of VIAGEM ?

The tax return of VIAGEM 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 VIAGEM operate?

VIAGEM operates in the sector Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie (NAF code 46.48Z). See the 'Sector positioning' section above to compare the company with its competitors.