The latest “Cash Flow, Investment, and Growth of SMEs/VSEs” barometer, published by Bpifrance Le Lab and Rexecode on September 16, 2025, highlights a contrasted economic climate for the leaders of small and medium-sized enterprises.
Nearly 30% of business leaders consider their cash flow to be strained, even though the outlook appears to be improving and access to investment credit is easing. However, the extension of payment terms remains a major obstacle that weakens the liquidity of SMEs. Added to this are weak demand, cited by 61% of leaders, and political uncertainty, impacting hiring and investment decisions.
Despite this context, 45% of leaders are investing in 2025, primarily to modernize their equipment. Projects related to the energy transition are declining, falling from 44% two years ago to only 31% today, even though they represent a lever against energy tensions.
Recruitment remains a fundamental issue. While difficulties are less severe than before 2023, they remain structural: lack of suitable qualifications, absence of candidates, or inadequacy of proposed profiles. Nearly one in three leaders has already restricted their activity due to these obstacles.
It is in this complex environment that external support becomes crucial. Nurvia Partners, an organizational consulting firm, helps VSEs and SMEs transform these constraints into opportunities. Our pragmatic approach relies on audits to optimize cash flow, prioritize projects, and progressively integrate light digital tools to secure investments. We also support companies in improving their operational processes, coordinating projects, and implementing concrete solutions to reduce energy costs while strengthening environmental responsibility.
With its field expertise and tailor-made support, Nurvia Partners enables SMEs and VSEs to gain agility and flexibility, secure their growth, and transform an uncertain environment into a sustainable lever for competitiveness.
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