SIREN : 501583447
VICARTEM REIM is a French company founded 18 years ago, specialized in the sector Gestion de fonds. Based in RENNES (35000), this company of category ETI shows in 2023 a revenue of 2.4 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 | 2023 | 2022 | 2021 | 2020 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 418 530 € | 1 850 662 € | 491 436 € | 263 490 € | 487 801 € | 101 701 € | 449 544 € | 392 178 € | 409 185 € |
| Net income | 383 129 € | 377 802 € | 84 406 € | 56 033 € | -11 929 € | 111 € | 4 859 € | 6 047 € | 39 191 € |
| EBITDA | 512 948 € | 546 502 € | 106 037 € | 92 662 € | -3 653 € | 5 823 € | 4 573 € | 6 115 € | 44 834 € |
| Net margin | 15.8% | 20.4% | 17.2% | 21.3% | -2.4% | 0.1% | 1.1% | 1.5% | 9.6% |
In 2023, VICARTEM REIM achieves revenue of 2.4 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +28.9%. Vs 2022, growth of +31% (1.9 M€ -> 2.4 M€). After deducting consumption (0 €), gross margin stands at 2.4 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 513 k€, representing 21.2% of revenue. Warning negative scissor effect: despite revenue change (+31%), EBITDA varies by -6%, reducing margin by 8.3 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 383 k€, i.e. 15.8% of revenue. This profit can be retained or distributed to shareholders.
2 418 530 €
2 418 530 €
512 948 €
514 495 €
383 129 €
21.1%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
12.443%
45.055%
15.652%
0.348
84.8%
In 2023, the debt ratio of VICARTEM REIM (12.44) 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 2023, the financial autonomy of VICARTEM REIM (45.0%) 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 2023, the repayment capacity of VICARTEM REIM (0.35) 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 196.45. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.
196.453
0.004
In 2023, the liquidity ratio of VICARTEM REIM (196.45) 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 2023, the interest coverage of VICARTEM REIM (0.0x) 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: 148 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 135 days. The company must finance 13 days of gap between collections and payments. Overall, WCR represents 222 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2016-2023, WCR increased by +241%, requiring additional financing.
1 493 321 €
148 j
135 j
0 j
222 j
Based on 77 transactions of similar company sales
in 2023,
the value of VICARTEM REIM is estimated at
2 271 362 €
(range 1 161 759€ - 3 456 928€).
With an EBITDA of 512 948€, the sector multiple of 5.5x is applied.
The price/revenue ratio is 0.50x
(in line with sector norms).
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.
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This estimate is based on the analysis of 77 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 VICARTEM REIM with other companies in the same sector:
The revenue of VICARTEM REIM in 2023 is 2.4 M€.
Yes, VICARTEM REIM generated a net profit of 383 k€ in 2023.
The headquarters of VICARTEM REIM is located in RENNES (35000), in the department Ille-et-Vilaine.
The tax return of VICARTEM REIM 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).
VICARTEM REIM operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.