SIREN : 531408680
VSTP is a French company founded 15 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in SAINT-GEIN (40190), this company of category PME shows in 2020 a revenue of 315 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 314 519 € | 310 318 € | 283 786 € | 258 712 € | 115 822 € |
| Net income | 37 862 € | 22 075 € | 507 € | 38 996 € | -2 210 € |
| EBITDA | 48 793 € | 37 051 € | 28 043 € | 66 316 € | 19 711 € |
| Net margin | 12.0% | 7.1% | 0.2% | 15.1% | -1.9% |
In 2020, VSTP achieves revenue of 315 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +28.4%. Vs 2019: +1%. After deducting consumption (52 k€), gross margin stands at 262 k€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 49 k€, representing 15.5% of revenue. Positive scissor effect: EBITDA margin improves by +3.6 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 38 k€, i.e. 12.0% of revenue. This profit can be retained or distributed to shareholders.
314 519 €
262 237 €
48 793 €
23 487 €
37 862 €
15.5%
The debt ratio (= Financial debt / Equity x 100) stands at 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
120.592%
43.464%
22.578%
1.997
58.9%
In 2020, the debt ratio of VSTP (120.59) 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 2020, the financial autonomy of VSTP (43.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2020, the repayment capacity of VSTP (2.00) 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 138.15. 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 2.8x. Financial charges are adequately covered by operations.
138.152
2.779
In 2020, the liquidity ratio of VSTP (138.15) 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.
In 2020, the interest coverage of VSTP (2.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 26 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 42 days of revenue, i.e. 37 k€ to permanently finance. Over 2016-2020, WCR increased by +449%, requiring additional financing.
37 123 €
43 j
45 j
26 j
42 j
Based on 120 transactions of similar company sales (all years), the value of VSTP is estimated at 81 308 € (range 26 753€ - 209 188€). With an EBITDA of 48 793€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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.
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This estimate is based on the analysis of 120 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 VSTP with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires
The revenue of VSTP in 2020 is 315 k€.
Yes, VSTP generated a net profit of 38 k€ in 2020.
The headquarters of VSTP is located in SAINT-GEIN (40190), in the department Landes.
The tax return of VSTP 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).
VSTP operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.