VOIRIES ET PAVAGES DU NORD : revenue, balance sheet and financial ratios

VOIRIES ET PAVAGES DU NORD is a French company founded 43 years ago, specialized in the sector Construction de routes et autoroutes. Based in ARMENTIERES (59280), this company of category GE shows in 2024 a revenue of 13.4 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 - VOIRIES ET PAVAGES DU NORD (SIREN 325696375)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 13 389 169 € 10 197 081 € 8 514 646 € 8 832 751 € 6 823 063 € 8 973 611 € 8 240 999 € 6 788 692 € 4 404 368 €
Net income 336 144 € 325 132 € 235 056 € 130 781 € 59 908 € 6 272 € -198 088 € 5 387 € 54 826 €
EBITDA -528 431 € -158 411 € -450 169 € -615 361 € -617 870 € -615 841 € -101 084 € -517 114 € -376 047 €
Net margin 2.5% 3.2% 2.8% 1.5% 0.9% 0.1% -2.4% 0.1% 1.2%

Revenue and income statement

In 2024, VOIRIES ET PAVAGES DU NORD achieves revenue of 13.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.9%. Vs 2023, growth of +31% (10.2 M€ -> 13.4 M€). After deducting consumption (1.3 M€), gross margin stands at 12.1 M€, i.e. a rate of 90%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -528 k€, representing -3.9% of revenue. Warning negative scissor effect: despite revenue change (+31%), EBITDA varies by -234%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 336 k€, i.e. 2.5% 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

13 389 169 €

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

12 074 143 €

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

-528 431 €

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

201 399 €

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

336 144 €

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

-3.9%

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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 0%. 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 32%. The balance between equity and debt is satisfactory.

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

0.0%

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

32.276%

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

-2.012%

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

0.0

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

13.0%

Solvency indicators evolution
VOIRIES ET PAVAGES DU NORD

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Excellent

In 2024, the debt ratio of VOIRIES ET PAVAGES DU NORD (0.00) 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
32.28% 2024
2022
2023
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Average

In 2024, the financial autonomy of VOIRIES ET PAVAGES DU NORD (32.3%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Excellent

In 2024, the repayment capacity of VOIRIES ET PAVAGES DU NORD (0.00) 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 247.34. 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

247.344

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

-0.235

Liquidity indicators evolution
VOIRIES ET PAVAGES DU NORD

Sector positioning

Liquidity ratio
247.34 2024
2022
2023
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Good +26 pts over 3 years

In 2024, the liquidity ratio of VOIRIES ET PAVAGES DU NORD (247.34) 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
-0.23x 2024
2022
2023
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Average

In 2024, the interest coverage of VOIRIES ET PAVAGES DU NORD (-0.2x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 11 days of revenue, i.e. 405 k€ to permanently finance. Notable WCR improvement over the period (-71%), freeing up cash.

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

404 755 €

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

49 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

24 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

10 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

11 j

WCR and payment terms evolution
VOIRIES ET PAVAGES DU NORD

Positioning of VOIRIES ET PAVAGES DU NORD in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of VOIRIES ET PAVAGES DU NORD is estimated at 1 125 190 € (range 740 806€ - 2 297 790€). The price/revenue ratio is 0.13x (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 2024
67 tx
740k€ 1125k€ 2297k€
1 125 190 € Range: 740 806€ - 2 297 790€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
13 389 169 € × 0.13x
Estimation 1 805 711 €
1 200 123€ - 3 442 502€
Net Income Multiple 20%
336 144 € × 0.3x
Estimation 104 410 €
51 830€ - 580 723€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare VOIRIES ET PAVAGES DU NORD with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about VOIRIES ET PAVAGES DU NORD

What is the revenue of VOIRIES ET PAVAGES DU NORD ?

The revenue of VOIRIES ET PAVAGES DU NORD in 2024 is 13.4 M€.

Is VOIRIES ET PAVAGES DU NORD profitable?

Yes, VOIRIES ET PAVAGES DU NORD generated a net profit of 336 k€ in 2024.

Where is the headquarters of VOIRIES ET PAVAGES DU NORD ?

The headquarters of VOIRIES ET PAVAGES DU NORD is located in ARMENTIERES (59280), in the department Nord.

Where to find the tax return of VOIRIES ET PAVAGES DU NORD ?

The tax return of VOIRIES ET PAVAGES DU NORD 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 VOIRIES ET PAVAGES DU NORD operate?

VOIRIES ET PAVAGES DU NORD operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.