BELLET DEVELOPPEMENT : revenue, balance sheet and financial ratios

BELLET DEVELOPPEMENT is a French company founded 38 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in LA TOUR-EN-MAURIENNE (73300), this company of category PME shows in 2017 a revenue of 439 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 - BELLET DEVELOPPEMENT (SIREN 341960433)
Indicator 2023 2017 2016
Revenue N/C 438 998 € 310 365 €
Net income 64 098 € 70 320 € 20 818 €
EBITDA N/C 152 820 € 25 640 €
Net margin N/C 16.0% 6.7%

Revenue and income statement

In 2023, BELLET DEVELOPPEMENT generates positive net income of 64 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 21 k€ -> 64 k€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

64 098 €

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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 10%. 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

10.224%

Financial autonomy (2023) ?
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

76.5%

Asset age ratio (2023) ?
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

25.9%

Solvency indicators evolution
BELLET DEVELOPPEMENT

Sector positioning

Debt ratio
10.22 2023
2016
2017
2023
Q1: 0.91
Med: 21.68
Q3: 71.45
Good +11 pts over 3 years

In 2023, the debt ratio of BELLET DEVELOPPEMENT (10.22) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
76.5% 2023
2016
2017
2023
Q1: 14.74%
Med: 38.39%
Q3: 57.65%
Excellent

In 2023, the financial autonomy of BELLET DEVELOPPEMENT (76.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.86 years 2017
2016
2017
Q1: 0.0 years
Med: 0.38 years
Q3: 1.79 years
Average +50 pts over 2 years

In 2017, the repayment capacity of BELLET DEVELOPPEMENT (1.86) 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 217.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

217.907

Liquidity indicators evolution
BELLET DEVELOPPEMENT

Sector positioning

Liquidity ratio
217.91 2023
2016
2017
2023
Q1: 121.74
Med: 182.54
Q3: 283.37
Good +6 pts over 3 years

In 2023, the liquidity ratio of BELLET DEVELOPPEMENT (217.91) 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.

Interest coverage
1.71x 2017
2016
2017
Q1: 0.0x
Med: 0.83x
Q3: 3.97x
Good +32 pts over 2 years

In 2017, the interest coverage of BELLET DEVELOPPEMENT (1.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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

0 j

Supplier credit (2023) ?
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

0 j

Inventory turnover (2023) ?
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

0 j

WCR and payment terms evolution
BELLET DEVELOPPEMENT

Positioning of BELLET DEVELOPPEMENT in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Based on 84 transactions of similar company sales (all years), the value of BELLET DEVELOPPEMENT is estimated at 123 302 € (range 38 619€ - 661 965€). 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 2023
84 tx
38k€ 123k€ 661k€
123 302 € Range: 38 619€ - 661 965€
NAF 5 all-time

Valuation method used

Net Income Multiple
64 098 € × 1.9x = 123 303 €
Range: 38 619€ - 661 965€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 84 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 (Collecte et traitement des eaux usées)

Compare BELLET DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about BELLET DEVELOPPEMENT

What is the revenue of BELLET DEVELOPPEMENT ?

The revenue of BELLET DEVELOPPEMENT in 2017 is 439 k€.

Is BELLET DEVELOPPEMENT profitable?

Yes, BELLET DEVELOPPEMENT generated a net profit of 64 k€ in 2023.

Where is the headquarters of BELLET DEVELOPPEMENT ?

The headquarters of BELLET DEVELOPPEMENT is located in LA TOUR-EN-MAURIENNE (73300), in the department Savoie.

Where to find the tax return of BELLET DEVELOPPEMENT ?

The tax return of BELLET DEVELOPPEMENT 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 BELLET DEVELOPPEMENT operate?

BELLET DEVELOPPEMENT operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.