ETABLISSEMENTS MOREAU : revenue, balance sheet and financial ratios

ETABLISSEMENTS MOREAU is a French company founded 63 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in VILLENEUVE-SUR-CONIE (45310), this company of category GE shows in 2024 a revenue of 2.0 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

Historique financier - ETABLISSEMENTS MOREAU (SIREN 086380557)
Kennzahl 2024 2023 2022 2021 2020 2019 2018 2017 2016
Umsatz 2 026 397 € 3 117 100 € 3 917 745 € 5 308 787 € 3 202 133 € 3 317 140 € 2 065 691 € 2 194 296 € 2 020 863 €
Nettoergebnis -448 826 € -449 134 € -282 450 € 216 897 € 239 488 € -618 418 € 249 288 € 173 866 € 240 026 €
EBITDA 50 490 € -62 680 € 515 595 € 662 654 € 645 272 € 635 838 € 325 192 € 616 502 € 628 525 €
Nettomarge -22.1% -14.4% -7.2% 4.1% 7.5% -18.6% 12.1% 7.9% 11.9%

Umsatz und Gewinn- und Verlustrechnung

In 2024, ETABLISSEMENTS MOREAU achieves revenue of 2.0 M€. Revenue is growing positively over 9 years (CAGR: +0.0%). Significant drop of -35% vs 2023. After deducting consumption (314 k€), gross margin stands at 1.7 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 50 k€, representing 2.5% of revenue. Positive scissor effect: EBITDA margin improves by +4.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -449 k€ (-22.1% of revenue), which will impact equity.

Umsatz (2024) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

2 026 397 €

Bruttomarge (2024) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

1 712 143 €

EBITDA (2024) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

50 490 €

EBIT (2024) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

-392 571 €

Nettoergebnis (2024) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

-448 826 €

EBITDA-Marge (2024) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

2.5%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at -142%. 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 -2%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Verschuldungsgrad (2024) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

-142.091%

Finanzielle Autonomie (2024) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

-1.707%

Cashflow / Umsatz (2024) ?
Cashflow / Umsatz
Definition
Capacité d'autofinancement rapportée au chiffre d'affaires.
Formel
(CAF / CA) x 100
Interpretation
Je höher das Verhältnis, desto mehr Liquidität generiert das Unternehmen

-7.111%

Rückzahlungsfähigkeit (2024) ?
Rückzahlungsfähigkeit
Definition
Anzahl der Jahre zur Schuldenrückzahlung mit dem Cashflow.
Formel
Dettes financières / CAF
Interpretation
< 3 Jahre : Ausgezeichnet
3-5 Jahre : Angemessen
> 5 Jahre : Attention

-0.364

Anlagenaltersquote (2024) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

23.9%

Entwicklung der Solvenzkennzahlen
ETABLISSEMENTS MOREAU

Positionnement sectoriel

Debt ratio
-142.09 2024
2022
2023
2024
Q1: 0.0
Méd: 15.2
Q3: 59.48
Excellent -23 pts über 3 Jahre

In 2024, the debt ratio of ETABLISSEMENTS MOREAU (-142.09) 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
-1.71% 2024
2022
2023
2024
Q1: 20.88%
Méd: 43.36%
Q3: 63.48%
Watch

In 2024, the financial autonomy of ETABLISSEMENTS MOREAU (-1.7%) 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
-0.36 years 2024
2022
2023
2024
Q1: 0.0 years
Méd: 0.27 years
Q3: 2.05 years
Excellent -28 pts über 3 Jahre

In 2024, the repayment capacity of ETABLISSEMENTS MOREAU (-0.36) 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.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 138.66. 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.

Liquiditätsquote (2024) ?
Liquiditätsquote
Definition
Fähigkeit, kurzfristige Schulden mit dem Umlaufvermögen zu decken.
Formel
Umlaufvermögen / Kurzfristige Verbindlichkeiten
Interpretation
> 1.5 : Sehr gut
1-1.5 : Angemessen
< 1 : Risque de liquidité

138.658

Zinsdeckung (2024) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

2.785

Entwicklung der Liquiditätskennzahlen
ETABLISSEMENTS MOREAU

Positionnement sectoriel

Liquidity ratio
138.66 2024
2022
2023
2024
Q1: 161.05
Méd: 260.85
Q3: 420.01
Watch -13 pts über 3 Jahre

In 2024, the liquidity ratio of ETABLISSEMENTS MOREAU (138.66) 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
2.79x 2024
2022
2023
2024
Q1: 0.0x
Méd: 1.54x
Q3: 10.04x
Good +20 pts über 3 Jahre

In 2024, the interest coverage of ETABLISSEMENTS MOREAU (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.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-32 days): operations structurally generate cash. Notable WCR improvement over the period (-116%), freeing up cash.

Operatives Working Capital (2024) ?
Operatives Working Capital
Definition
Besoin de financement généré par le cycle d'exploitation (stocks + créances - dettes fournisseurs).
Formel
Stocks + Créances clients - Dettes fournisseurs
Interpretation
Negativ = freigesetzte Liquidität
Positiv = Finanzierungsbedarf

-182 052 €

Kundenforderungen (2024) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

31 j

Lieferantenverbindlichkeiten (2024) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

39 j

Lagerumschlag (2024) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

29 j

Working Capital in Umsatztagen (2024) ?
Working Capital in Umsatztagen
Definition
Drückt den Betriebskapitalbedarf in Umsatztagen aus.
Formel
(BFR exploitation / CA) x 360
Interpretation
Je weniger Tage, desto besser das Working Capital Management

-32 j

Entwicklung des Working Capital und der Zahlungsfristen
ETABLISSEMENTS MOREAU

Positionnement de ETABLISSEMENTS MOREAU dans son secteur

Vergleich mit der Branche Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Bewertungsschätzung

Based on 95 transactions of similar company sales (all years), the value of ETABLISSEMENTS MOREAU is estimated at 176 665 € (range 85 674€ - 602 579€). With an EBITDA of 50 490€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (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
95 tx
85k€ 176k€ 602k€
176 665 € Range: 85 674€ - 602 579€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
50 490 € × 1.4x
Estimation 71 480 €
16 327€ - 495 560€
Revenue Multiple 30%
2 026 397 € × 0.17x
Estimation 351 975 €
201 255€ - 780 945€
How is this estimate calculated?

This estimate is based on the analysis of 95 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 (Exploitation de gravières et sablières, extraction d’argiles et de kaolin)

Compare ETABLISSEMENTS MOREAU with other companies in the same sector:

Frequently asked questions about ETABLISSEMENTS MOREAU

What is the revenue of ETABLISSEMENTS MOREAU ?

The revenue of ETABLISSEMENTS MOREAU in 2024 is 2.0 M€.

Is ETABLISSEMENTS MOREAU profitable?

ETABLISSEMENTS MOREAU recorded a net loss in 2024.

Where is the headquarters of ETABLISSEMENTS MOREAU ?

The headquarters of ETABLISSEMENTS MOREAU is located in VILLENEUVE-SUR-CONIE (45310), in the department Loiret.

Where to find the tax return of ETABLISSEMENTS MOREAU ?

The tax return of ETABLISSEMENTS MOREAU 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 ETABLISSEMENTS MOREAU operate?

ETABLISSEMENTS MOREAU operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.