B.C.D.LES DEUX FRERES SARL : revenue, balance sheet and financial ratios

B.C.D.LES DEUX FRERES SARL is a French company founded 29 years ago, specialized in the sector Restauration traditionnelle. Based in SAULCY-SUR-MEURTHE (88580), this company of category PME shows in 2019 a revenue of 823 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 - B.C.D.LES DEUX FRERES SARL (SIREN 410496921)
Indicator 2019 2018 2016
Revenue 823 323 € 830 226 € N/C
Net income 5 050 € 2 118 € 21 335 €
EBITDA 20 445 € 14 662 € N/C
Net margin 0.6% 0.3% N/C

Revenue and income statement

In 2019, B.C.D.LES DEUX FRERES SARL achieves revenue of 823 k€. Activity remains stable over the period (CAGR: -0.8%). Slight decline of -1% vs 2018. After deducting consumption (318 k€), gross margin stands at 506 k€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 2.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

823 323 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

505 616 €

EBITDA (2019) ?
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

20 445 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

10 786 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 050 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 156%. 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 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

156.415%

Financial autonomy (2019) ?
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

24.139%

Cash flow / Revenue (2019) ?
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

3.618%

Repayment capacity (2019) ?
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

2.969

Asset age ratio (2019) ?
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

21.4%

Solvency indicators evolution
B.C.D.LES DEUX FRERES SARL

Sector positioning

Debt ratio
156.41 2019
2016
2018
2019
Q1: 0.59
Med: 37.02
Q3: 162.42
Average +49 pts over 3 years

In 2019, the debt ratio of B.C.D.LES DEUX FRERES SARL (156.41) 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
24.14% 2019
2016
2018
2019
Q1: 8.63%
Med: 33.57%
Q3: 59.59%
Average -18 pts over 3 years

In 2019, the financial autonomy of B.C.D.LES DEUX FRERES SARL (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
2.97 years 2019
2018
2019
Q1: 0.0 years
Med: 0.49 years
Q3: 3.0 years
Average

In 2019, the repayment capacity of B.C.D.LES DEUX FRERES SARL (2.97) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 67.23. 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 28.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2019) ?
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

67.231

Interest coverage (2019) ?
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

28.061

Liquidity indicators evolution
B.C.D.LES DEUX FRERES SARL

Sector positioning

Liquidity ratio
67.23 2019
2016
2018
2019
Q1: 47.44
Med: 99.7
Q3: 189.09
Average -40 pts over 3 years

In 2019, the liquidity ratio of B.C.D.LES DEUX FRERES SARL (67.23) 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.

Interest coverage
28.06x 2019
2018
2019
Q1: 0.0x
Med: 0.79x
Q3: 5.37x
Excellent

In 2019, the interest coverage of B.C.D.LES DEUX FRERES SARL (28.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 11 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 7 days of revenue, i.e. 17 k€ to permanently finance.

Operating WCR (2019) ?
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

16 969 €

Customer credit (2019) ?
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

11 j

Supplier credit (2019) ?
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

35 j

Inventory turnover (2019) ?
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

9 j

WCR in days of revenue (2019) ?
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

7 j

WCR and payment terms evolution
B.C.D.LES DEUX FRERES SARL

Positioning of B.C.D.LES DEUX FRERES SARL in its sector

Comparison with sector Restauration traditionnelle

Valuation estimate

Based on 1033 transactions of similar company sales in 2019, the value of B.C.D.LES DEUX FRERES SARL is estimated at 247 245 € (range 157 804€ - 364 215€). With an EBITDA of 20 445€, the sector multiple of 6.8x is applied. The price/revenue ratio is 0.68x (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 2019
1033 transactions
157k€ 247k€ 364k€
247 245 € Range: 157 804€ - 364 215€
NAF 5 année 2019

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
20 445 € × 6.8x
Estimation 138 354 €
84 586€ - 233 657€
Revenue Multiple 30%
823 323 € × 0.68x
Estimation 562 182 €
368 872€ - 764 825€
Net Income Multiple 20%
5 050 € × 9.3x
Estimation 47 067 €
24 249€ - 89 698€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 1033 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 (Restauration traditionnelle)

Compare B.C.D.LES DEUX FRERES SARL with other companies in the same sector:

Voir toutes les statistiques du secteur Restauration traditionnelle

Frequently asked questions about B.C.D.LES DEUX FRERES SARL

What is the revenue of B.C.D.LES DEUX FRERES SARL ?

The revenue of B.C.D.LES DEUX FRERES SARL in 2019 is 823 k€.

Is B.C.D.LES DEUX FRERES SARL profitable?

Yes, B.C.D.LES DEUX FRERES SARL generated a net profit of 5 k€ in 2019.

Where is the headquarters of B.C.D.LES DEUX FRERES SARL ?

The headquarters of B.C.D.LES DEUX FRERES SARL is located in SAULCY-SUR-MEURTHE (88580), in the department Vosges.

Where to find the tax return of B.C.D.LES DEUX FRERES SARL ?

The tax return of B.C.D.LES DEUX FRERES SARL 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 B.C.D.LES DEUX FRERES SARL operate?

B.C.D.LES DEUX FRERES SARL operates in the sector Restauration traditionnelle (NAF code 56.10A). See the 'Sector positioning' section above to compare the company with its competitors.