SIREN : 750568586
231 DEVELOPPEMENT is a French company founded 14 years ago, specialized in the sector Restauration de type rapide. Based in STRASBOURG (67000), this company of category PME shows in 2022 a revenue of 458 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 458 142 € | 453 868 € | 464 120 € | 1 045 932 € | 817 121 € | 552 941 € |
| Net income | -127 301 € | 92 653 € | 107 432 € | -23 917 € | 61 075 € | -37 781 € |
| EBITDA | -148 688 € | 67 054 € | 171 600 € | 10 152 € | -410 102 € | -565 014 € |
| Net margin | -27.8% | 20.4% | 23.1% | -2.3% | 7.5% | -6.8% |
In 2022, 231 DEVELOPPEMENT achieves revenue of 458 k€. Activity remains stable over the period (CAGR: -3.1%). Vs 2021: +1%. After deducting consumption (83 €), gross margin stands at 458 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 -149 k€, representing -32.5% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -322%, reducing margin by 47.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -127 k€ (-27.8% of revenue), which will impact equity.
458 142 €
458 059 €
-148 688 €
-113 989 €
-127 301 €
-32.5%
The debt ratio (= Financial debt / Equity x 100) stands at 212%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
211.927%
17.278%
-35.358%
-1.664
22.7%
In 2022, the debt ratio of 231 DEVELOPPEMENT (211.93) 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 2022, the financial autonomy of 231 DEVELOPPEMENT (17.3%) 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 2022, the repayment capacity of 231 DEVELOPPEMENT (-1.66) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 214.88. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
214.88
-1.521
In 2022, the liquidity ratio of 231 DEVELOPPEMENT (214.88) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2022, the interest coverage of 231 DEVELOPPEMENT (-1.5x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 292 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 212 days. The gap of 80 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 187 days of revenue, i.e. 238 k€ to permanently finance. Notable WCR improvement over the period (-31%), freeing up cash.
237 693 €
292 j
212 j
0 j
187 j
Based on 833 transactions of similar company sales in 2022, the value of 231 DEVELOPPEMENT is estimated at 438 131 € (range 250 173€ - 757 228€). The price/revenue ratio is 0.96x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 833 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 231 DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of 231 DEVELOPPEMENT in 2022 is 458 k€.
231 DEVELOPPEMENT recorded a net loss in 2022.
The headquarters of 231 DEVELOPPEMENT is located in STRASBOURG (67000), in the department Bas-Rhin.
The tax return of 231 DEVELOPPEMENT 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).
231 DEVELOPPEMENT operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.