VOESTALPINE RAILWAY SYSTEMS FRANCE : revenue, balance sheet and financial ratios

VOESTALPINE RAILWAY SYSTEMS FRANCE is a French company founded 14 years ago, specialized in the sector Réparation d'ouvrages en métaux. Based in LA HOUSSAYE-EN-BRIE (77610), this company of category ETI shows in 2025 a revenue of 18.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - VOESTALPINE RAILWAY SYSTEMS FRANCE (SIREN 750504672)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 844 581 € 7 341 887 € 6 695 996 € 5 625 642 € 2 278 574 € 578 908 € 2 981 134 € 3 614 664 € 3 191 070 € 1 719 115 €
Net income -1 498 843 € -2 062 551 € -2 301 367 € -598 241 € -30 187 € -93 619 € 373 236 € 478 880 € 354 743 € 83 218 €
EBITDA -295 275 € -1 483 269 € -1 677 576 € -139 995 € 297 920 € -28 847 € 409 798 € 835 123 € 704 064 € 309 116 €
Net margin -8.0% -28.1% -34.4% -10.6% -1.3% -16.2% 12.5% 13.2% 11.1% 4.8%

Revenue and income statement

In 2025, VOESTALPINE RAILWAY SYSTEMS FRANCE achieves revenue of 18.8 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +30.5%. Vs 2024, growth of +157% (7.3 M€ -> 18.8 M€). After deducting consumption (11.3 M€), gross margin stands at 7.5 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -295 k€, representing -1.6% of revenue. Positive scissor effect: EBITDA margin improves by +18.6 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.5 M€ (-8.0% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 844 581 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 531 560 €

EBITDA (2025) ?
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

-295 275 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 025 434 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-1 498 843 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.6%

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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 -581%. 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 -10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-580.942%

Financial autonomy (2025) ?
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

-10.176%

Cash flow / Revenue (2025) ?
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

-4.079%

Repayment capacity (2025) ?
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

-18.667

Asset age ratio (2025) ?
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

69.2%

Solvency indicators evolution
VOESTALPINE RAILWAY SYSTEMS FRANCE

Sector positioning

Debt ratio
-580.94 2025
2023
2024
2025
Q1: 2.95
Med: 15.08
Q3: 37.82
Excellent -74 pts over 3 years

In 2025, the debt ratio of VOESTALPINE RAILWAY SYSTE... (-580.94) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-10.18% 2025
2023
2024
2025
Q1: 28.11%
Med: 48.36%
Q3: 63.85%
Watch

In 2025, the financial autonomy of VOESTALPINE RAILWAY SYSTE... (-10.2%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-18.67 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.41 years
Q3: 1.33 years
Excellent -22 pts over 3 years

In 2025, the repayment capacity of VOESTALPINE RAILWAY SYSTE... (-18.67) 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 152.52. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

152.516

Interest coverage (2025) ?
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

-160.328

Liquidity indicators evolution
VOESTALPINE RAILWAY SYSTEMS FRANCE

Sector positioning

Liquidity ratio
152.52 2025
2023
2024
2025
Q1: 167.13
Med: 237.24
Q3: 361.01
Watch

In 2025, the liquidity ratio of VOESTALPINE RAILWAY SYSTE... (152.52) 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
-160.33x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.31x
Q3: 2.74x
Watch -21 pts over 3 years

In 2025, the interest coverage of VOESTALPINE RAILWAY SYSTE... (-160.3x) 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: 140 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 128 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 152 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 237 days of revenue, i.e. 12.4 M€ to permanently finance. Over 2016-2025, WCR increased by +1587%, requiring additional financing.

Operating WCR (2025) ?
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

12 399 546 €

Customer credit (2025) ?
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

140 j

Supplier credit (2025) ?
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

128 j

Inventory turnover (2025) ?
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

152 j

WCR in days of revenue (2025) ?
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

237 j

WCR and payment terms evolution
VOESTALPINE RAILWAY SYSTEMS FRANCE

Positioning of VOESTALPINE RAILWAY SYSTEMS FRANCE in its sector

Comparison with sector Réparation d'ouvrages en métaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 1 545 059€ to 8 377 066€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
1545k€ 2526k€ 8377k€
2 526 117 € Range: 1 545 059€ - 8 377 066€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 34 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 d'ouvrages en métaux)

Compare VOESTALPINE RAILWAY SYSTEMS FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'ouvrages en métaux

Frequently asked questions about VOESTALPINE RAILWAY SYSTEMS FRANCE

What is the revenue of VOESTALPINE RAILWAY SYSTEMS FRANCE ?

The revenue of VOESTALPINE RAILWAY SYSTEMS FRANCE in 2025 is 18.8 M€.

Is VOESTALPINE RAILWAY SYSTEMS FRANCE profitable?

VOESTALPINE RAILWAY SYSTEMS FRANCE recorded a net loss in 2025.

Where is the headquarters of VOESTALPINE RAILWAY SYSTEMS FRANCE ?

The headquarters of VOESTALPINE RAILWAY SYSTEMS FRANCE is located in LA HOUSSAYE-EN-BRIE (77610), in the department Seine-et-Marne.

Where to find the tax return of VOESTALPINE RAILWAY SYSTEMS FRANCE ?

The tax return of VOESTALPINE RAILWAY SYSTEMS FRANCE 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 VOESTALPINE RAILWAY SYSTEMS FRANCE operate?

VOESTALPINE RAILWAY SYSTEMS FRANCE operates in the sector Réparation d'ouvrages en métaux (NAF code 33.11Z). See the 'Sector positioning' section above to compare the company with its competitors.