FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL : revenue, balance sheet and financial ratios

FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL is a French company founded 72 years ago, specialized in the sector Promotion immobilière de logements. Based in BOULOGNE-SUR-MER (62200), this company of category GE shows in 2021 a revenue of 7.5 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 - FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL (SIREN 615420668)
Kennzahl 2021 2020 2018 2017 2016
Umsatz 7 454 943 € 6 440 899 € 6 718 297 € 7 185 846 € 4 434 106 €
Nettoergebnis 648 314 € -471 764 € -37 719 € 166 643 € 24 558 €
EBITDA 852 529 € 505 265 € 152 507 € 348 593 € 242 626 €
Nettomarge 8.7% -7.3% -0.6% 2.3% 0.6%

Umsatz und Gewinn- und Verlustrechnung

In 2021, FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL achieves revenue of 7.5 M€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +11.0%. Vs 2020, growth of +16% (6.4 M€ -> 7.5 M€). After deducting consumption (5.1 M€), gross margin stands at 2.4 M€, i.e. a rate of 32%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 853 k€, representing 11.4% of revenue. Positive scissor effect: EBITDA margin improves by +3.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 648 k€, i.e. 8.7% of revenue. This profit can be retained or distributed to shareholders.

Umsatz (2021) ?
Umsatz
Definition
Gesamtbetrag der Verkäufe von Waren und Dienstleistungen des Unternehmens.
Formel
Warenverkäufe + Verkaufte Produktion

7 454 943 €

Bruttomarge (2021) ?
Bruttomarge
Definition
Differenz zwischen Umsatz und Wareneinsatz.
Formel
Umsatz - Wareneinsatz

2 364 996 €

EBITDA (2021) ?
EBITDA (Betriebsergebnis vor Abschreibungen)
Definition
Ressource générée par l'activité courante, avant amortissements et charges financières.
Formel
Wertschöpfung - Personalkosten - Steuern
Interpretation
Positiv = rentable Tätigkeit

852 529 €

EBIT (2021) ?
EBIT (Betriebsergebnis)
Definition
Betriebsergebnis, einschließlich Abschreibungen und Rückstellungen.
Formel
EBITDA - Abschreibungen und Rückstellungen + Auflösungen

1 413 015 €

Nettoergebnis (2021) ?
Nettoergebnis
Definition
Bénéfice ou perte après toutes les charges, y compris impôts et éléments exceptionnels.
Formel
Ordentliches Ergebnis + Außerordentliches Ergebnis - Ertragsteuern

648 314 €

EBITDA-Marge (2021) ?
EBITDA-Marge
Definition
Misst die operative Rentabilität des Unternehmens.
Formel
(EBE / CA) x 100
Interpretation
> 10% : Gute Rentabilität
5-10% : Durchschnitt
< 5% : Faible

11.4%

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Solvenz- und Verschuldungskennzahlen

The debt ratio (= Financial debt / Equity x 100) stands at 109%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. 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 23.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 7.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Verschuldungsgrad (2021) ?
Verschuldungsgrad
Definition
Misst das Verhältnis von Schulden zu Eigenkapital.
Formel
(Finanzschulden / Eigenkapital) x 100
Interpretation
< 50% : Faible
50-100% : Moderat
> 100% : Hoch

109.036%

Finanzielle Autonomie (2021) ?
Finanzielle Autonomie
Definition
Anteil des Eigenkapitals an der Gesamtfinanzierung.
Formel
(Eigenkapital / Bilanzsumme) x 100
Interpretation
> 30% : Gute Autonomie
20-30% : Durchschnitt
< 20% : Faible

42.396%

Cashflow / Umsatz (2021) ?
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

7.393%

Rückzahlungsfähigkeit (2021) ?
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

23.616

Anlagenaltersquote (2021) ?
Anlagenaltersquote
Definition
Misst den Abnutzungsgrad des Sachanlagevermögens.
Formel
Kumulierte Abschreibungen / Bruttoanlagevermögen x 100
Interpretation
< 50% : Neue Anlagen
50-70% : Normale Abnutzung
> 70% : Alternde Anlagen

91.2%

Entwicklung der Solvenzkennzahlen
FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL

Positionnement sectoriel

Debt ratio
109.04 2021
2018
2020
2021
Q1: 0.0
Méd: 9.83
Q3: 163.63
Average -9 pts über 3 Jahre

In 2021, the debt ratio of FLANDRE OPALE ACCESSION S... (109.04) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
42.4% 2021
2018
2020
2021
Q1: 0.09%
Méd: 18.38%
Q3: 59.11%
Good +9 pts über 3 Jahre

In 2021, the financial autonomy of FLANDRE OPALE ACCESSION S... (42.4%) 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.

Repayment capacity
23.62 years 2021
2018
2020
2021
Q1: -2.56 years
Méd: 0.0 years
Q3: 2.29 years
Average

In 2021, the repayment capacity of FLANDRE OPALE ACCESSION S... (23.62) 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.

Liquiditätskennzahlen

The liquidity ratio (= Current assets / Current liabilities) stands at 1254.63. 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 16.6x. Operating income very largely covers interest expenses: high safety margin.

Liquiditätsquote (2021) ?
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

1254.63

Zinsdeckung (2021) ?
Zinsdeckung
Definition
Fähigkeit, Zinsaufwendungen mit dem Betriebsergebnis zu decken.
Formel
EBIT / Zinsaufwendungen
Interpretation
> 3 : Komfortabel
1.5-3 : Acceptable
< 1.5 : Risiko

16.635

Entwicklung der Liquiditätskennzahlen
FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL

Positionnement sectoriel

Liquidity ratio
1254.63 2021
2018
2020
2021
Q1: 141.43
Méd: 327.34
Q3: 984.63
Excellent

In 2021, the liquidity ratio of FLANDRE OPALE ACCESSION S... (1254.63) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
16.64x 2021
2018
2020
2021
Q1: -2.88x
Méd: 0.0x
Q3: 2.57x
Excellent

In 2021, the interest coverage of FLANDRE OPALE ACCESSION S... (16.6x) 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.

Umlaufvermögensbedarf und Zahlungsfristen

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. Excellent situation: suppliers finance 45 days of the operating cycle (retail model). Inventory turnover is 853 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 852 days of revenue, i.e. 17.6 M€ to permanently finance.

Operatives Working Capital (2021) ?
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

17 633 699 €

Kundenforderungen (2021) ?
Kundenforderungen (Tage)
Definition
Durchschnittliche Zahlungsfrist für Kunden.
Formel
(Kundenforderungen / Umsatz inkl. MwSt.) x 360
Interpretation
< 45j : Gut
45-60j : Durchschnitt
> 60j : Lang

34 j

Lieferantenverbindlichkeiten (2021) ?
Lieferantenverbindlichkeiten (Tage)
Definition
Durchschnittliche Zahlungsfrist von Lieferanten.
Formel
(Lieferantenverbindlichkeiten / Einkäufe inkl. MwSt.) x 360
Interpretation
Je länger die Frist, desto besser für die Liquidität

79 j

Lagerumschlag (2021) ?
Lagerumschlag (Tage)
Definition
Durchschnittliche Lagerdauer für Waren oder Materialien.
Formel
(Vorräte / Einkaufskosten) x 360
Interpretation
Je niedriger das Verhältnis, desto schneller der Umschlag

853 j

Working Capital in Umsatztagen (2021) ?
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

852 j

Entwicklung des Working Capital und der Zahlungsfristen
FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL

Positionnement de FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL dans son secteur

Vergleich mit der Branche Promotion immobilière de logements

Bewertungsschätzung

Based on 80 transactions of similar company sales (all years), the value of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL is estimated at 1 357 894 € (range 496 200€ - 3 677 488€). With an EBITDA of 852 529€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.28x (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 2021
80 tx
496k€ 1357k€ 3677k€
1 357 894 € Range: 496 200€ - 3 677 488€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
852 529 € × 1.0x
Estimation 855 399 €
353 236€ - 2 601 649€
Revenue Multiple 30%
7 454 943 € × 0.28x
Estimation 2 085 604 €
749 960€ - 5 129 421€
Net Income Multiple 20%
648 314 € × 2.3x
Estimation 1 522 569 €
472 971€ - 4 189 188€
How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de logements)

Compare FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL with other companies in the same sector:

Frequently asked questions about FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL

What is the revenue of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL ?

The revenue of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL in 2021 is 7.5 M€.

Is FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL profitable?

Yes, FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL generated a net profit of 648 k€ in 2021.

Where is the headquarters of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL ?

The headquarters of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL is located in BOULOGNE-SUR-MER (62200), in the department Pas-de-Calais.

Where to find the tax return of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL ?

The tax return of FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL 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 FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL operate?

FLANDRE OPALE ACCESSION SOCIETE ANONYME COOPERATIVE D'INTERET COLLECTIF D'HABITATIONS A LOYER MODERE, SOCIETE A CAPITAL operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.