BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES : revenue, balance sheet and financial ratios

BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES is a French company founded 34 years ago, specialized in the sector Fabrication d'éléments en matières plastiques pour la construction. Based in VAILLY-SUR-AISNE (02370), this company of category ETI shows in 2024 a revenue of 15.4 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 - BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES (SIREN 384761664)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016 2015 2014
Revenue 15 423 579 € 21 500 650 € 21 682 816 € 19 051 487 € 16 648 438 € 17 857 833 € 19 360 435 € 21 324 676 € 19 127 884 € 18 532 274 €
Net income -3 138 995 € -1 263 924 € -587 495 € -322 192 € -590 348 € -67 176 € -1 530 463 € 129 953 € 583 885 € 376 107 €
EBITDA -2 353 346 € -528 226 € -70 378 € 396 695 € 131 755 € -255 248 € -636 777 € 564 249 € 1 292 493 € 1 005 701 €
Net margin -20.4% -5.9% -2.7% -1.7% -3.5% -0.4% -7.9% 0.6% 3.1% 2.0%

Revenue and income statement

In 2024, BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES achieves revenue of 15.4 M€. Activity remains stable over the period (CAGR: -1.8%). Significant drop of -28% vs 2023. After deducting consumption (8.2 M€), gross margin stands at 7.3 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.4 M€, representing -15.3% of revenue. Warning negative scissor effect: despite revenue change (-28%), EBITDA varies by -346%, reducing margin by 12.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -3.1 M€ (-20.4% of revenue), which will impact equity.

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

15 423 579 €

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

7 258 852 €

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

-2 353 346 €

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

-2 922 634 €

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

-3 138 995 €

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

-15.3%

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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 -354%. 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 -24%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-354.343%

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

-24.072%

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

-16.895%

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

-2.109

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

23.9%

Solvency indicators evolution
BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES

Sector positioning

Debt ratio
-354.34 2024
2022
2023
2024
Q1: 3.62
Med: 21.57
Q3: 55.7
Excellent -53 pts over 3 years

In 2024, the debt ratio of BAIES INDUSTRIELLES ET PR... (-354.34) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-24.07% 2024
2022
2023
2024
Q1: 25.52%
Med: 47.12%
Q3: 63.05%
Average -6 pts over 3 years

In 2024, the financial autonomy of BAIES INDUSTRIELLES ET PR... (-24.1%) 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
-2.11 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.37 years
Q3: 2.07 years
Excellent

In 2024, the repayment capacity of BAIES INDUSTRIELLES ET PR... (-2.11) 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 154.24. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

154.241

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

-9.026

Liquidity indicators evolution
BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES

Sector positioning

Liquidity ratio
154.24 2024
2022
2023
2024
Q1: 157.99
Med: 229.58
Q3: 347.12
Watch

In 2024, the liquidity ratio of BAIES INDUSTRIELLES ET PR... (154.24) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-9.03x 2024
2022
2023
2024
Q1: 0.04x
Med: 2.55x
Q3: 9.53x
Watch

In 2024, the interest coverage of BAIES INDUSTRIELLES ET PR... (-9.0x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. Favorable situation: supplier credit is longer than customer credit by 14 days. Inventory turnover is 55 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 52 days of revenue, i.e. 2.2 M€ to permanently finance. Notable WCR improvement over the period (-37%), freeing up cash.

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

2 208 348 €

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

24 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

38 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

55 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

52 j

WCR and payment terms evolution
BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES

Positioning of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES in its sector

Comparison with sector Fabrication d'éléments en matières plastiques pour la construction

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES is estimated at 3 137 881 € (range 1 500 061€ - 4 222 816€). The price/revenue ratio is 0.20x (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.

Estimated enterprise value 2024
76 tx
1500k€ 3137k€ 4222k€
3 137 881 € Range: 1 500 061€ - 4 222 816€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
15 423 579 € × 0.20x = 3 137 882 €
Range: 1 500 062€ - 4 222 817€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication d'éléments en matières plastiques pour la construction)

Compare BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'éléments en matières plastiques pour la construction

Frequently asked questions about BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES

What is the revenue of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES ?

The revenue of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES in 2024 is 15.4 M€.

Is BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES profitable?

BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES recorded a net loss in 2024.

Where is the headquarters of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES ?

The headquarters of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES is located in VAILLY-SUR-AISNE (02370), in the department Aisne.

Where to find the tax return of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES ?

The tax return of BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES 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 BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES operate?

BAIES INDUSTRIELLES ET PRODUCTIONS ASSOCIEES operates in the sector Fabrication d'éléments en matières plastiques pour la construction (NAF code 22.23Z). See the 'Sector positioning' section above to compare the company with its competitors.