SIREN : 532095395
BE2 is a French company founded 15 years ago, specialized in the sector Gestion de fonds. Based in L'ETANG-SALE (97427), this company of category PME shows in 2024 a revenue of 90 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 90 000 € | N/C | 112 000 € | 135 000 € | 47 038 € |
| Net income | 61 007 € | 35 889 € | 187 034 € | 85 942 € | 161 114 € |
| EBITDA | 4 544 € | -94 294 € | 17 188 € | 78 798 € | -31 047 € |
| Net margin | 67.8% | N/C | 167.0% | 63.7% | 342.5% |
In 2024, BE2 achieves revenue of 90 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.9%. After deducting consumption (0 €), gross margin stands at 90 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 5 k€, representing 5.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 61 k€, i.e. 67.8% of revenue. This profit can be retained or distributed to shareholders.
90 000 €
90 000 €
4 544 €
-5 219 €
61 007 €
5.0%
The debt ratio (= Financial debt / Equity x 100) stands at 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 69%. 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 9.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 155.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
42.694%
68.872%
155.066%
9.115
79.3%
In 2024, the debt ratio of BE2 (42.69) 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 BE2 (68.9%) 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 BE2 (9.12) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1533.91. 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 3645.2x. Operating income very largely covers interest expenses: high safety margin.
1533.91
3645.224
In 2024, the liquidity ratio of BE2 (1533.91) 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 2024, the interest coverage of BE2 (3645.2x) 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: 1368 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The gap of 1351 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 7358 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2019-2024, WCR increased by +550%, requiring additional financing.
1 839 410 €
1368 j
17 j
0 j
7358 j
Based on 62 transactions of similar company sales
in 2024,
the value of BE2 is estimated at
109 303 €
(range 33 248€ - 226 087€).
With an EBITDA of 4 544€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.30x
(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 62 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 BE2 with other companies in the same sector:
The revenue of BE2 in 2024 is 90 k€.
Yes, BE2 generated a net profit of 61 k€ in 2024.
The headquarters of BE2 is located in L'ETANG-SALE (97427), in the department La Reunion.
The tax return of BE2 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).
BE2 operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.