AVENIR SPORTIF DE BEZIERS : revenue, balance sheet and financial ratios

AVENIR SPORTIF DE BEZIERS is a French company founded 7 years ago, specialized in the sector Autres activités liées au sport. Based in VILLENEUVE-LES-BEZIERS (34420), this company of category PME shows in 2021 a revenue of 235 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 - AVENIR SPORTIF DE BEZIERS (SIREN 840763908)
Indicator 2021 2020 2019
Revenue 234 691 € 1 838 446 € 4 789 729 €
Net income 42 062 € 2 989 € 28 386 €
EBITDA -164 625 € -476 087 € -282 955 €
Net margin 17.9% 0.2% 0.6%

Revenue and income statement

In 2021, AVENIR SPORTIF DE BEZIERS achieves revenue of 235 k€. Revenue is declining over the period 2019-2021 (CAGR: -77.9%). Significant drop of -87% vs 2020. After deducting consumption (2 k€), gross margin stands at 233 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -165 k€, representing -70.1% of revenue. Warning negative scissor effect: despite revenue change (-87%), EBITDA varies by +65%, reducing margin by 44.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 42 k€, i.e. 17.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

234 691 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

232 627 €

EBITDA (2021) ?
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

-164 625 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-82 538 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

42 062 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-29.9%

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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 202%. 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 26%. The balance between equity and debt is satisfactory.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

201.802%

Financial autonomy (2021) ?
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

25.724%

Cash flow / Revenue (2021) ?
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

-1.401%

Repayment capacity (2021) ?
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

-45.396

Asset age ratio (2021) ?
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

37.2%

Solvency indicators evolution
AVENIR SPORTIF DE BEZIERS

Sector positioning

Debt ratio
201.8 2021
2019
2020
2021
Q1: -6.13
Med: 6.5
Q3: 107.83
Average +15 pts over 3 years

In 2021, the debt ratio of AVENIR SPORTIF DE BEZIERS (201.80) 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
25.72% 2021
2019
2020
2021
Q1: 0.06%
Med: 27.91%
Q3: 62.9%
Average

In 2021, the financial autonomy of AVENIR SPORTIF DE BEZIERS (25.7%) 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
-45.4 years 2021
2019
2020
2021
Q1: -0.56 years
Med: 0.0 years
Q3: 0.99 years
Excellent -39 pts over 3 years

In 2021, the repayment capacity of AVENIR SPORTIF DE BEZIERS (-45.40) 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 338.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

338.18

Interest coverage (2021) ?
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

0.0

Liquidity indicators evolution
AVENIR SPORTIF DE BEZIERS

Sector positioning

Liquidity ratio
338.18 2021
2019
2020
2021
Q1: 76.34
Med: 191.27
Q3: 424.33
Good +39 pts over 3 years

In 2021, the liquidity ratio of AVENIR SPORTIF DE BEZIERS (338.18) 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.

Interest coverage
0.0x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.57x
Average

In 2021, the interest coverage of AVENIR SPORTIF DE BEZIERS (0.0x) 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: 121 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. The gap of 57 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 293 days of revenue, i.e. 191 k€ to permanently finance. Over 2019-2021, WCR increased by +304%, requiring additional financing.

Operating WCR (2021) ?
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

190 928 €

Customer credit (2021) ?
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

121 j

Supplier credit (2021) ?
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

64 j

Inventory turnover (2021) ?
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

1 j

WCR in days of revenue (2021) ?
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

293 j

WCR and payment terms evolution
AVENIR SPORTIF DE BEZIERS

Positioning of AVENIR SPORTIF DE BEZIERS in its sector

Comparison with sector Autres activités liées au sport

Valuation estimate

Based on 161 transactions of similar company sales (all years), the value of AVENIR SPORTIF DE BEZIERS is estimated at 176 636 € (range 82 810€ - 330 308€). The price/revenue ratio is 0.62x (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.

Estimated enterprise value 2021
161 transactions
82k€ 176k€ 330k€
176 636 € Range: 82 810€ - 330 308€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
234 691 € × 0.62x
Estimation 145 450 €
72 788€ - 234 130€
Net Income Multiple 20%
42 062 € × 5.3x
Estimation 223 416 €
97 846€ - 474 575€
How is this estimate calculated?

This estimate is based on the analysis of 161 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 liées au sport)

Compare AVENIR SPORTIF DE BEZIERS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités liées au sport

Frequently asked questions about AVENIR SPORTIF DE BEZIERS

What is the revenue of AVENIR SPORTIF DE BEZIERS ?

The revenue of AVENIR SPORTIF DE BEZIERS in 2021 is 235 k€.

Is AVENIR SPORTIF DE BEZIERS profitable?

Yes, AVENIR SPORTIF DE BEZIERS generated a net profit of 42 k€ in 2021.

Where is the headquarters of AVENIR SPORTIF DE BEZIERS ?

The headquarters of AVENIR SPORTIF DE BEZIERS is located in VILLENEUVE-LES-BEZIERS (34420), in the department Herault.

Where to find the tax return of AVENIR SPORTIF DE BEZIERS ?

The tax return of AVENIR SPORTIF DE BEZIERS 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 AVENIR SPORTIF DE BEZIERS operate?

AVENIR SPORTIF DE BEZIERS operates in the sector Autres activités liées au sport (NAF code 93.19Z). See the 'Sector positioning' section above to compare the company with its competitors.