ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE : revenue, balance sheet and financial ratios

ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE is a French company founded 30 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in MEYZIEU (69330), this company of category ETI shows in 2024 a revenue of 91.2 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

Financial history - ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE (SIREN 403243124)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 91 202 624 € 88 025 028 € 81 049 706 € 72 985 591 € 58 892 057 € 64 558 101 € 63 364 962 € 65 274 324 € 63 030 823 €
Net income 1 987 319 € 1 962 956 € 968 886 € 1 055 973 € 850 117 € 953 687 € 1 377 175 € 2 080 739 € 2 216 717 €
EBITDA 3 199 536 € 2 964 012 € 1 809 223 € 1 435 112 € 1 499 349 € 2 267 276 € 2 217 368 € 3 163 546 € 4 423 824 €
Net margin 2.2% 2.2% 1.2% 1.4% 1.4% 1.5% 2.2% 3.2% 3.5%

Revenue and income statement

In 2024, ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE achieves revenue of 91.2 M€. Revenue is growing positively over 9 years (CAGR: +4.7%). Vs 2023: +4%. After deducting consumption (74.0 M€), gross margin stands at 17.2 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.2 M€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.0 M€, i.e. 2.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

91 202 624 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

17 163 716 €

EBITDA (2024) ?
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

3 199 536 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 646 290 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 987 319 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.5%

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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 39%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

38.678%

Financial autonomy (2024) ?
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

36.485%

Cash flow / Revenue (2024) ?
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

2.25%

Repayment capacity (2024) ?
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

3.066

Asset age ratio (2024) ?
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

15.8%

Solvency indicators evolution
ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE

Sector positioning

Debt ratio
38.68 2024
2022
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Average -9 pts over 3 years

In 2024, the debt ratio of ASSOCIATIVE GROUP RECHANG... (38.68) 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
36.48% 2024
2022
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Average +7 pts over 3 years

In 2024, the financial autonomy of ASSOCIATIVE GROUP RECHANG... (36.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.07 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 1.87 years
Watch

In 2024, the repayment capacity of ASSOCIATIVE GROUP RECHANG... (3.07) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 153.63. 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 25.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

153.633

Interest coverage (2024) ?
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

25.332

Liquidity indicators evolution
ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE

Sector positioning

Liquidity ratio
153.63 2024
2022
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Average

In 2024, the liquidity ratio of ASSOCIATIVE GROUP RECHANG... (153.63) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
25.33x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.22x
Q3: 10.11x
Excellent

In 2024, the interest coverage of ASSOCIATIVE GROUP RECHANG... (25.3x) 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.

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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 61 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 112 days of revenue, i.e. 28.3 M€ to permanently finance. Over 2016-2024, WCR increased by +63%, requiring additional financing.

Operating WCR (2024) ?
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

28 307 470 €

Customer credit (2024) ?
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

49 j

Supplier credit (2024) ?
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

63 j

Inventory turnover (2024) ?
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

61 j

WCR in days of revenue (2024) ?
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

112 j

WCR and payment terms evolution
ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE

Positioning of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 8 042 917€ to 29 112 922€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
8042k€ 19006k€ 29112k€
19 006 547 € Range: 8 042 917€ - 29 112 922€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 (Commerce de gros d'équipements automobiles)

Compare ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros d'équipements automobiles

Frequently asked questions about ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE

What is the revenue of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE ?

The revenue of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE in 2024 is 91.2 M€.

Is ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE profitable?

Yes, ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE generated a net profit of 2.0 M€ in 2024.

Where is the headquarters of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE ?

The headquarters of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE is located in MEYZIEU (69330), in the department Rhone.

Where to find the tax return of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE ?

The tax return of ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE 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 ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE operate?

ASSOCIATIVE GROUP RECHANGE AUTOMOTIVE operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.