Employees: 51 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 2013-10-23 (12 years)Status: ActiveBusiness sector: Activités des centres de culture physiqueLocation: WASQUEHAL (59290), Nord
BASIC-FIT FRANCE : revenue, balance sheet and financial ratios
BASIC-FIT FRANCE is a French company
founded 12 years ago,
specialized in the sector Activités des centres de culture physique.
Based in WASQUEHAL (59290),
this company of category ETI
shows in 2024 a revenue of 571.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - BASIC-FIT FRANCE (SIREN 798233011)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
Revenue
571 862 311 €
504 661 038 €
396 898 946 €
154 003 438 €
155 957 302 €
203 441 849 €
124 694 223 €
68 385 729 €
27 314 288 €
11 282 783 €
Net income
864 572 €
11 664 164 €
6 745 363 €
-43 157 350 €
1 660 700 €
2 473 093 €
2 133 621 €
-7 581 314 €
-7 394 965 €
-3 306 475 €
EBITDA
95 606 579 €
88 445 364 €
81 711 388 €
-3 680 913 €
-23 259 003 €
54 672 236 €
32 426 504 €
10 895 054 €
653 175 €
-647 840 €
Net margin
0.2%
2.3%
1.7%
-28.0%
1.1%
1.2%
1.7%
-11.1%
-27.1%
-29.3%
Revenue and income statement
In 2024, BASIC-FIT FRANCE achieves revenue of 571.9 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +54.7%. Vs 2023, growth of +13% (504.7 M€ -> 571.9 M€). After deducting consumption (12.2 M€), gross margin stands at 559.7 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 95.6 M€, representing 16.7% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 865 k€, i.e. 0.2% 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
571 862 311 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
559 696 715 €
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
95 606 579 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
22 904 556 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
864 572 €
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
16.7%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
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Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 86%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 41%. 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 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
85.506%
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
41.163%
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
18.82%
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
2.888
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
1208.085
11.668
187.504
33.081
87.618
19.064
37.596
49.158
69.677
85.506
Financial autonomy
4.227
58.907
25.572
55.414
40.641
65.98
52.662
49.666
43.159
41.163
Repayment capacity
-12.255
-5.857
12.611
1.942
3.678
1.148
5.12
1.885
2.12
2.888
Cash flow / Revenue
-11.813%
-4.283%
11.115%
20.98%
21.069%
41.208%
13.417%
23.073%
23.389%
18.82%
Sector positioning
Debt ratio
85.512024
2022
2023
2024
Q1: -68.97
Med: 17.15
Q3: 112.75
Average+14 pts over 3 years
In 2024, the debt ratio of BASIC-FIT FRANCE (85.51) 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
41.16%2024
2022
2023
2024
Q1: -2.83%
Med: 24.29%
Q3: 51.51%
Good-8 pts over 3 years
In 2024, the financial autonomy of BASIC-FIT FRANCE (41.2%) 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.
Repayment capacity
2.89 years2024
2022
2023
2024
Q1: -0.97 years
Med: 0.4 years
Q3: 2.28 years
Watch+18 pts over 3 years
In 2024, the repayment capacity of BASIC-FIT FRANCE (2.89) 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 108.46. 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 18.9x. 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
108.459
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
18.898
Liquidity indicators evolution BASIC-FIT FRANCE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
42.887
48.688
44.103
47.946
58.65
142.847
79.015
83.211
91.898
108.459
Interest coverage
-66.094
273.226
18.241
5.373
4.847
-17.529
-52.38
5.473
13.602
18.898
Sector positioning
Liquidity ratio
108.462024
2022
2023
2024
Q1: 44.63
Med: 100.18
Q3: 225.89
Good+9 pts over 3 years
In 2024, the liquidity ratio of BASIC-FIT FRANCE (108.46) 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
18.9x2024
2022
2023
2024
Q1: 0.0x
Med: 0.79x
Q3: 4.9x
Excellent
In 2024, the interest coverage of BASIC-FIT FRANCE (18.9x) 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: 36 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 44 days of revenue, i.e. 69.6 M€ to permanently finance. Over 2015-2024, WCR increased by +4385%, requiring additional financing.
Operating WCR (2024)
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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
69 589 925 €
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
36 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
97 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
3 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
44 j
WCR and payment terms evolution BASIC-FIT FRANCE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
1 551 721 €
-18 052 832 €
-11 354 766 €
-21 043 397 €
-34 377 604 €
42 050 767 €
59 411 446 €
32 581 434 €
75 678 969 €
69 589 925 €
Inventory turnover (days)
2
2
2
3
3
6
8
4
3
3
Customer payment term (days)
56
58
52
43
35
52
72
42
39
36
Supplier payment term (days)
305
72
94
126
96
88
238
136
143
97
Positioning of BASIC-FIT FRANCE in its sector
Comparison with sector Activités des centres de culture physique
Valuation estimate
Based on 57 transactions of similar company sales
(all years),
the value of BASIC-FIT FRANCE is estimated at
415 509 408 €
(range 258 206 888€ - 573 158 131€).
With an EBITDA of 95 606 579€, the sector multiple of 6.1x is applied.
The price/revenue ratio is 0.72x
(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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
57 tx
258206k€415509k€573158k€
415 509 408 €Range: 258 206 888€ - 573 158 131€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
95 606 579 €×6.1x
Estimation582 429 748 €
350 600 806€ - 752 759 915€
Revenue Multiple30%
571 862 311 €×0.72x
Estimation410 820 626 €
274 676 113€ - 648 206 279€
Net Income Multiple20%
864 572 €×6.1x
Estimation5 241 736 €
2 518 257€ - 11 581 453€
How is this estimate calculated?
This estimate is based on the analysis of 57 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 (Activités des centres de culture physique)
Compare BASIC-FIT FRANCE with other companies in the same sector:
The revenue of BASIC-FIT FRANCE in 2024 is 571.9 M€.
Is BASIC-FIT FRANCE profitable?
Yes, BASIC-FIT FRANCE generated a net profit of 865 k€ in 2024.
Where is the headquarters of BASIC-FIT FRANCE ?
The headquarters of BASIC-FIT FRANCE is located in WASQUEHAL (59290), in the department Nord.
Where to find the tax return of BASIC-FIT FRANCE ?
The tax return of BASIC-FIT FRANCE 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 BASIC-FIT FRANCE operate?
BASIC-FIT FRANCE operates in the sector Activités des centres de culture physique (NAF code 93.13Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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