V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE : revenue, balance sheet and financial ratios

V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE is a French company founded 16 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in MIGENNES (89400), this company of category PME shows in 2023 a revenue of 1.0 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 - V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE (SIREN 518970140)
Indicator 2023 2021 2020 2019 2018 2017 2016
Revenue 1 003 035 € 713 519 € 572 802 € 512 420 € 498 387 € 482 094 € 603 548 €
Net income 81 349 € 32 472 € -25 093 € -16 184 € -16 198 € -12 970 € 41 368 €
EBITDA 134 216 € 40 645 € -20 746 € -8 310 € -4 295 € -1 478 € 50 851 €
Net margin 8.1% 4.6% -4.4% -3.2% -3.3% -2.7% 6.9%

Revenue and income statement

In 2023, V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE achieves revenue of 1.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +7.5%. Vs 2021, growth of +41% (714 k€ -> 1.0 M€). After deducting consumption (255 k€), gross margin stands at 748 k€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 134 k€, representing 13.4% of revenue. Positive scissor effect: EBITDA margin improves by +7.7 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 81 k€, i.e. 8.1% of revenue. This profit can be retained or distributed to shareholders.

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

1 003 035 €

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

747 766 €

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

134 216 €

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

117 607 €

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

81 349 €

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

13.4%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 88%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

87.728%

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

24.378%

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

9.901%

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

0.806

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

35.5%

Solvency indicators evolution
V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE

Sector positioning

Debt ratio
87.73 2023
2020
2021
2023
Q1: 2.93
Med: 19.64
Q3: 60.67
Watch -17 pts over 3 years

In 2023, the debt ratio of V.M.I. VERIFICATION MAINT... (87.73) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
24.38% 2023
2020
2021
2023
Q1: 21.66%
Med: 42.7%
Q3: 61.08%
Average

In 2023, the financial autonomy of V.M.I. VERIFICATION MAINT... (24.4%) 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
0.81 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.41 years
Q3: 1.77 years
Average +33 pts over 3 years

In 2023, the repayment capacity of V.M.I. VERIFICATION MAINT... (0.81) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 151.95. 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 6.8x. Operating income very largely covers interest expenses: high safety margin.

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

151.95

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

6.84

Liquidity indicators evolution
V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE

Sector positioning

Liquidity ratio
151.95 2023
2020
2021
2023
Q1: 166.89
Med: 236.12
Q3: 336.32
Watch -52 pts over 3 years

In 2023, the liquidity ratio of V.M.I. VERIFICATION MAINT... (151.95) 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
6.84x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.61x
Q3: 3.09x
Excellent +50 pts over 3 years

In 2023, the interest coverage of V.M.I. VERIFICATION MAINT... (6.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. Favorable situation: supplier credit is longer than customer credit by 12 days. Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 31 days of revenue, i.e. 85 k€ to permanently finance.

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

85 208 €

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

38 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

50 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

28 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

31 j

WCR and payment terms evolution
V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE

Positioning of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE is estimated at 170 919 € (range 104 619€ - 506 456€). With an EBITDA of 134 216€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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 2023
104 transactions
104k€ 170k€ 506k€
170 919 € Range: 104 619€ - 506 456€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
134 216 € × 1.0x
Estimation 138 013 €
95 265€ - 451 502€
Revenue Multiple 30%
1 003 035 € × 0.27x
Estimation 269 720 €
143 826€ - 685 024€
Net Income Multiple 20%
81 349 € × 1.3x
Estimation 104 986 €
69 196€ - 375 995€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE

What is the revenue of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE ?

The revenue of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE in 2023 is 1.0 M€.

Is V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE profitable?

Yes, V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE generated a net profit of 81 k€ in 2023.

Where is the headquarters of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE ?

The headquarters of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE is located in MIGENNES (89400), in the department Yonne.

Where to find the tax return of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE ?

The tax return of V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE 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 V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE operate?

V.M.I. VERIFICATION MAINTENANCE INDUSTRIELLE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.