BELLET LOISIRS COURTAGE : revenue, balance sheet and financial ratios

BELLET LOISIRS COURTAGE is a French company now closed founded 7 years ago, formerly specialized in the sector Activités des agents et courtiers d'assurances. Based in BRINDAS (69126), this company of category PME shows in 2022 a revenue of 71 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 LOISIRS COURTAGE (SIREN 842716557)
Indicator 2022 2021 2020
Revenue 71 417 € 82 329 € 80 008 €
Net income 29 187 € 31 137 € 42 262 €
EBITDA 11 711 € 37 288 € 46 657 €
Net margin 40.9% 37.8% 52.8%

Revenue and income statement

In 2022, BELLET LOISIRS COURTAGE achieves revenue of 71 k€. Revenue is declining over the period 2020-2022 (CAGR: -5.5%). Significant drop of -13% vs 2021. After deducting consumption (0 €), gross margin stands at 71 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 12 k€, representing 16.4% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -69%, reducing margin by 28.9 pts. This reflects costs rising faster than 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 29 k€, i.e. 40.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

71 417 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

71 417 €

EBITDA (2022) ?
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

11 711 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

34 006 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

29 187 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.4%

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Chart evolution

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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 265%. 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 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 47.5% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

265.495%

Financial autonomy (2022) ?
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

27.36%

Cash flow / Revenue (2022) ?
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

47.47%

Repayment capacity (2022) ?
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

2.458

Solvency indicators evolution
BELLET LOISIRS COURTAGE

Sector positioning

Debt ratio
265.5 2022
2020
2021
2022
Q1: 0.03
Med: 12.59
Q3: 62.99
Average

In 2022, the debt ratio of BELLET LOISIRS COURTAGE (265.50) 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
27.36% 2022
2020
2021
2022
Q1: 17.63%
Med: 47.05%
Q3: 73.71%
Average

In 2022, the financial autonomy of BELLET LOISIRS COURTAGE (27.4%) 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
2.46 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.15 years
Q3: 2.38 years
Average

In 2022, the repayment capacity of BELLET LOISIRS COURTAGE (2.46) 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 interest coverage ratio (= EBIT / Interest expenses) is 4.8x. Financial charges are adequately covered by operations.

Interest coverage (2022) ?
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

4.756

Liquidity indicators evolution
BELLET LOISIRS COURTAGE

Sector positioning

Liquidity ratio
154.5 2021
2020
2021
Q1: 120.88
Med: 222.5
Q3: 473.98
Average -8 pts over 2 years

In 2021, the liquidity ratio of BELLET LOISIRS COURTAGE (154.50) 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
4.76x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 2.09x
Excellent +5 pts over 3 years

In 2022, the interest coverage of BELLET LOISIRS COURTAGE (4.8x) 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. Overall, WCR represents 461 days of revenue, i.e. 91 k€ to permanently finance. Over 2020-2022, WCR increased by +225%, requiring additional financing.

Operating WCR (2022) ?
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

91 481 €

Customer credit (2022) ?
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 (2022) ?
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 (2022) ?
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 in days of revenue (2022) ?
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

461 j

WCR and payment terms evolution
BELLET LOISIRS COURTAGE

Positioning of BELLET LOISIRS COURTAGE in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of BELLET LOISIRS COURTAGE is estimated at 39 886 € (range 13 258€ - 128 974€). With an EBITDA of 11 711€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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 2022
193 transactions
13k€ 39k€ 128k€
39 886 € Range: 13 258€ - 128 974€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
11 711 € × 1.2x
Estimation 14 178 €
3 662€ - 72 368€
Revenue Multiple 30%
71 417 € × 0.98x
Estimation 70 162 €
19 566€ - 130 489€
Net Income Multiple 20%
29 187 € × 2.0x
Estimation 58 744 €
27 787€ - 268 218€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 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 agents et courtiers d'assurances)

Compare BELLET LOISIRS COURTAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances

Frequently asked questions about BELLET LOISIRS COURTAGE

What is the revenue of BELLET LOISIRS COURTAGE ?

The revenue of BELLET LOISIRS COURTAGE in 2022 is 71 k€.

Is BELLET LOISIRS COURTAGE profitable?

Yes, BELLET LOISIRS COURTAGE generated a net profit of 29 k€ in 2022.

Where is the headquarters of BELLET LOISIRS COURTAGE ?

The headquarters of BELLET LOISIRS COURTAGE is located in BRINDAS (69126), in the department Rhone.

Where to find the tax return of BELLET LOISIRS COURTAGE ?

The tax return of BELLET LOISIRS COURTAGE 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 LOISIRS COURTAGE operate?

BELLET LOISIRS COURTAGE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.