SIREN : 810504464
VPF BRETAGNE SUD is a French company founded 11 years ago, specialized in the sector Gestion de fonds. Based in LOCMINE (56500), this company of category PME shows in 2023 a revenue of 659 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 659 269 € | 1 091 320 € | 778 899 € | 718 383 € | 605 028 € | 631 578 € | 468 645 € |
| Net income | 843 € | -66 979 € | 59 099 € | -187 592 € | 1 880 € | 1 386 € | 1 729 € |
| EBITDA | 32 719 € | 404 627 € | 84 692 € | 28 979 € | 35 726 € | 28 792 € | -2 734 € |
| Net margin | 0.1% | -6.1% | 7.6% | -26.1% | 0.3% | 0.2% | 0.4% |
In 2023, VPF BRETAGNE SUD achieves revenue of 659 k€. Revenue is growing positively over 7 years (CAGR: +5.0%). Significant drop of -40% vs 2021. After deducting consumption (0 €), gross margin stands at 659 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 33 k€, representing 5.0% of revenue. Warning negative scissor effect: despite revenue change (-40%), EBITDA varies by -92%, reducing margin by 32.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 843 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.
659 269 €
659 269 €
32 719 €
22 248 €
843 €
5.0%
The debt ratio (= Financial debt / Equity x 100) stands at 196%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 180.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
195.967%
26.644%
1.715%
180.852
16.4%
In 2023, the debt ratio of VPF BRETAGNE SUD (195.97) 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 VPF BRETAGNE SUD (26.6%) 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 VPF BRETAGNE SUD (180.85) 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 290.12. 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 65.4x. Operating income very largely covers interest expenses: high safety margin.
290.12
65.421
In 2023, the liquidity ratio of VPF BRETAGNE SUD (290.12) 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 VPF BRETAGNE SUD (65.4x) 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: 604 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 360 days. The gap of 244 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1195 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2023, WCR increased by +393%, requiring additional financing.
2 187 778 €
604 j
360 j
0 j
1195 j
Based on 77 transactions of similar company sales
in 2023,
the value of VPF BRETAGNE SUD is estimated at
190 825 €
(range 111 997€ - 282 940€).
With an EBITDA of 32 719€, 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.
Ajustez les pondérations selon votre analyse
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 VPF BRETAGNE SUD with other companies in the same sector:
The revenue of VPF BRETAGNE SUD in 2023 is 659 k€.
Yes, VPF BRETAGNE SUD generated a net profit of 843€ in 2023.
The headquarters of VPF BRETAGNE SUD is located in LOCMINE (56500), in the department Morbihan.
The tax return of VPF BRETAGNE SUD 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).
VPF BRETAGNE SUD operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.