AFC BALAYAGE : revenue, balance sheet and financial ratios

AFC BALAYAGE is a French company founded 25 years ago, specialized in the sector Autres activités de nettoyage n.c.a.. Based in MULHOUSE (68200), this company of category PME shows in 2023 a revenue of 718 k€. 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

Financial history - AFC BALAYAGE (SIREN 434901849)
Indicator 2023 2021 2020 2019 2018 2017
Revenue 717 658 € 865 671 € 855 272 € N/C N/C N/C
Net income -127 962 € 152 348 € 71 493 € 77 053 € 31 868 € 36 481 €
EBITDA -160 526 € 172 767 € 173 780 € N/C N/C N/C
Net margin -17.8% 17.6% 8.4% N/C N/C N/C

Revenue and income statement

In 2023, AFC BALAYAGE achieves revenue of 718 k€. Revenue is declining over the period 2020-2023 (CAGR: -5.7%). Significant drop of -17% vs 2021. After deducting consumption (0 €), gross margin stands at 718 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 -161 k€, representing -22.4% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -193%, reducing margin by 42.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -128 k€ (-17.8% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

717 658 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

717 658 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-160 526 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-127 339 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-127 962 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-22.4%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

4.486%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

76.396%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-22.483%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-0.078

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

22.9%

Solvency indicators evolution
AFC BALAYAGE

Sector positioning

Debt ratio
4.49 2023
2020
2021
2023
Q1: 0.0
Med: 11.65
Q3: 51.45
Good -7 pts over 3 years

In 2023, the debt ratio of AFC BALAYAGE (4.49) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
76.4% 2023
2020
2021
2023
Q1: 9.12%
Med: 34.41%
Q3: 54.79%
Excellent +8 pts over 3 years

In 2023, the financial autonomy of AFC BALAYAGE (76.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.08 years 2023
2020
2021
2023
Q1: 0.0 years
Med: 0.03 years
Q3: 0.69 years
Excellent -30 pts over 3 years

In 2023, the repayment capacity of AFC BALAYAGE (-0.08) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 379.56. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

379.557

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-0.698

Liquidity indicators evolution
AFC BALAYAGE

Sector positioning

Liquidity ratio
379.56 2023
2020
2021
2023
Q1: 126.46
Med: 199.24
Q3: 331.07
Excellent +5 pts over 3 years

In 2023, the liquidity ratio of AFC BALAYAGE (379.56) 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
-0.7x 2023
2020
2021
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.19x
Average -50 pts over 3 years

In 2023, the interest coverage of AFC BALAYAGE (-0.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The company must finance 21 days of gap between collections and payments. Overall, WCR represents 46 days of revenue, i.e. 91 k€ to permanently finance.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

91 272 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

38 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

17 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

46 j

WCR and payment terms evolution
AFC BALAYAGE

Positioning of AFC BALAYAGE in its sector

Comparison with sector Autres activités de nettoyage n.c.a.

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 95 412€ to 253 912€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
95k€ 126k€ 253k€
126 685 € Range: 95 412€ - 253 912€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Autres activités de nettoyage n.c.a.)

Compare AFC BALAYAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de nettoyage n.c.a.

Frequently asked questions about AFC BALAYAGE

What is the revenue of AFC BALAYAGE ?

The revenue of AFC BALAYAGE in 2023 is 718 k€.

Is AFC BALAYAGE profitable?

AFC BALAYAGE recorded a net loss in 2023.

Where is the headquarters of AFC BALAYAGE ?

The headquarters of AFC BALAYAGE is located in MULHOUSE (68200), in the department Haut-Rhin.

Where to find the tax return of AFC BALAYAGE ?

The tax return of AFC BALAYAGE 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 AFC BALAYAGE operate?

AFC BALAYAGE operates in the sector Autres activités de nettoyage n.c.a. (NAF code 81.29B). See the 'Sector positioning' section above to compare the company with its competitors.