SIREN : 491004560
B2D is a French company founded 19 years ago, specialized in the sector Agences immobilières. Based in ROUEN (76000), this company of category PME shows in 2025 a revenue of 209 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 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 208 770 € | 319 149 € | 578 709 € | 82 577 € |
| Net income | -683 € | 162 239 € | 141 554 € | 25 562 € |
| EBITDA | 195 574 € | 254 828 € | 220 762 € | 69 562 € |
| Net margin | -0.3% | 50.8% | 24.5% | 31.0% |
In 2025, B2D achieves revenue of 209 k€. Over the period 2022-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +36.2%. Significant drop of -35% vs 2024. After deducting consumption (0 €), gross margin stands at 209 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 196 k€, representing 93.7% of revenue. Positive scissor effect: EBITDA margin improves by +13.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -683 € (-0.3% of revenue), which will impact equity.
208 770 €
208 770 €
195 574 €
166 956 €
-683 €
93.7%
The debt ratio (= Financial debt / Equity x 100) stands at 160%. 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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 16.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 13.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
159.608%
32.722%
13.409%
16.512
72.1%
In 2025, the debt ratio of B2D (159.61) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of B2D (32.7%) 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.
In 2025, the repayment capacity of B2D (16.51) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 191.05. 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 5.1x. Operating income very largely covers interest expenses: high safety margin.
191.048
5.12
In 2025, the liquidity ratio of B2D (191.05) 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 2025, the interest coverage of B2D (5.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 219 days. Excellent situation: suppliers finance 216 days of the operating cycle (retail model). Inventory turnover is 169 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 189 days of revenue, i.e. 110 k€ to permanently finance. Notable WCR improvement over the period (-68%), freeing up cash.
109 669 €
3 j
219 j
169 j
189 j
Based on 55 transactions of similar company sales
in 2025,
the value of B2D is estimated at
371 199 €
(range 108 146€ - 670 608€).
With an EBITDA of 195 574€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.21x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 55 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 B2D with other companies in the same sector:
Voir toutes les statistiques du secteur Agences immobilières
The revenue of B2D in 2025 is 209 k€.
B2D recorded a net loss in 2025.
The headquarters of B2D is located in ROUEN (76000), in the department Seine-Maritime.
The tax return of B2D 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).
B2D operates in the sector Agences immobilières (NAF code 68.31Z). See the 'Sector positioning' section above to compare the company with its competitors.