SIREN : 434403689
BALSAN is a French company founded 25 years ago, specialized in the sector Fabrication de tapis et moquettes. Based in ARTHON (36330), this company of category ETI shows in 2024 a revenue of 66.9 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 66 934 284 € | 68 711 526 € | 60 875 631 € | 50 521 784 € | 44 337 401 € | 58 554 758 € | 61 389 410 € | 61 189 851 € | 59 366 935 € |
| Net income | 1 202 358 € | 288 867 € | 220 665 € | 860 509 € | -682 872 € | 622 288 € | 535 998 € | 2 333 537 € | 1 152 085 € |
| EBITDA | 3 570 107 € | 1 520 200 € | 2 854 491 € | 2 443 118 € | 526 076 € | 2 662 000 € | 1 894 040 € | 2 743 059 € | 2 889 269 € |
| Net margin | 1.8% | 0.4% | 0.4% | 1.7% | -1.5% | 1.1% | 0.9% | 3.8% | 1.9% |
In 2024, BALSAN achieves revenue of 66.9 M€. Revenue is growing positively over 9 years (CAGR: +1.5%). Slight decline of -3% vs 2023. After deducting consumption (28.9 M€), gross margin stands at 38.0 M€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.6 M€, representing 5.3% of revenue. Positive scissor effect: EBITDA margin improves by +3.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.2 M€, i.e. 1.8% of revenue. This profit can be retained or distributed to shareholders.
66 934 284 €
38 016 313 €
3 570 107 €
923 240 €
1 202 358 €
5.3%
The debt ratio (= Financial debt / Equity x 100) stands at 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
31.68%
49.856%
4.006%
2.581
29.7%
In 2024, the debt ratio of BALSAN (31.68) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of BALSAN (49.9%) 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 2024, the repayment capacity of BALSAN (2.58) 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 197.44. 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 10.5x. Operating income very largely covers interest expenses: high safety margin.
197.436
10.504
In 2024, the liquidity ratio of BALSAN (197.44) 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.
In 2024, the interest coverage of BALSAN (10.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 104 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 98 days of revenue, i.e. 18.2 M€ to permanently finance.
18 246 286 €
33 j
54 j
104 j
98 j
Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 3 777 980€ to 12 841 076€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 31 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 BALSAN with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de tapis et moquettes
The revenue of BALSAN in 2024 is 66.9 M€.
Yes, BALSAN generated a net profit of 1.2 M€ in 2024.
The headquarters of BALSAN is located in ARTHON (36330), in the department Indre.
The tax return of BALSAN 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).
BALSAN operates in the sector Fabrication de tapis et moquettes (NAF code 13.93Z). See the 'Sector positioning' section above to compare the company with its competitors.