BELLONIE ET BOURDILLON SUCCESSEURS : revenue, balance sheet and financial ratios

BELLONIE ET BOURDILLON SUCCESSEURS is a French company founded 52 years ago, specialized in the sector Production de boissons alcooliques distillées. Based in DUCOS (97224), this company of category ETI shows in 2025 a revenue of 44.8 M€. 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 - BELLONIE ET BOURDILLON SUCCESSEURS (SIREN 303159859)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 44 782 344 € 23 330 620 € 26 892 902 € 23 146 041 € 25 396 615 € 29 517 294 € 30 409 166 € 29 098 503 € 27 723 625 € 25 767 894 €
Net income -20 074 958 € -7 693 225 € -5 908 014 € -5 917 018 € -1 355 242 € -442 298 € -2 335 158 € 830 007 € 2 214 274 € 579 255 €
EBITDA -11 148 552 € -5 021 371 € -3 296 394 € -5 029 889 € -2 159 045 € -266 248 € -1 363 747 € 1 162 631 € 486 853 € 919 348 €
Net margin -44.8% -33.0% -22.0% -25.6% -5.3% -1.5% -7.7% 2.9% 8.0% 2.2%

Revenue and income statement

In 2025, BELLONIE ET BOURDILLON SUCCESSEURS achieves revenue of 44.8 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2024, growth of +92% (23.3 M€ -> 44.8 M€). After deducting consumption (28.2 M€), gross margin stands at 16.6 M€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -11.1 M€, representing -24.9% of revenue. Warning negative scissor effect: despite revenue change (+92%), EBITDA varies by -122%, reducing margin by 3.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -20.1 M€ (-44.8% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

44 782 344 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

16 628 832 €

EBITDA (2025) ?
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

-11 148 552 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-18 233 954 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-20 074 958 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-23.9%

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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 16%. 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 73%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

16.056%

Financial autonomy (2025) ?
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

72.837%

Cash flow / Revenue (2025) ?
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

-29.914%

Repayment capacity (2025) ?
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

-1.111

Asset age ratio (2025) ?
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

28.3%

Solvency indicators evolution
BELLONIE ET BOURDILLON SUCCESSEURS

Sector positioning

Debt ratio
16.06 2025
2023
2024
2025
Q1: 4.93
Med: 28.44
Q3: 77.53
Good -39 pts over 3 years

In 2025, the debt ratio of BELLONIE ET BOURDILLON SU... (16.06) 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
72.84% 2025
2023
2024
2025
Q1: 34.08%
Med: 64.93%
Q3: 75.97%
Good +44 pts over 3 years

In 2025, the financial autonomy of BELLONIE ET BOURDILLON SU... (72.8%) 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
-1.11 years 2025
2023
2024
2025
Q1: -0.58 years
Med: 0.09 years
Q3: 3.66 years
Excellent

In 2025, the repayment capacity of BELLONIE ET BOURDILLON SU... (-1.11) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 401.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

401.172

Interest coverage (2025) ?
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

-20.184

Liquidity indicators evolution
BELLONIE ET BOURDILLON SUCCESSEURS

Sector positioning

Liquidity ratio
401.17 2025
2023
2024
2025
Q1: 277.42
Med: 506.14
Q3: 1050.73
Average -17 pts over 3 years

In 2025, the liquidity ratio of BELLONIE ET BOURDILLON SU... (401.17) 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
-20.18x 2025
2023
2024
2025
Q1: 0.0x
Med: 6.75x
Q3: 35.25x
Watch

In 2025, the interest coverage of BELLONIE ET BOURDILLON SU... (-20.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 73 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. The company must finance 13 days of gap between collections and payments. Inventory turnover is 495 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 540 days of revenue, i.e. 67.1 M€ to permanently finance. Over 2016-2025, WCR increased by +216%, requiring additional financing.

Operating WCR (2025) ?
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

67 123 808 €

Customer credit (2025) ?
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

73 j

Supplier credit (2025) ?
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

60 j

Inventory turnover (2025) ?
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

495 j

WCR in days of revenue (2025) ?
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

540 j

WCR and payment terms evolution
BELLONIE ET BOURDILLON SUCCESSEURS

Positioning of BELLONIE ET BOURDILLON SUCCESSEURS in its sector

Comparison with sector Production de boissons alcooliques distillées

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 2 811 674€ to 14 666 000€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
2811k€ 7692k€ 14666k€
7 692 014 € Range: 2 811 674€ - 14 666 000€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Production de boissons alcooliques distillées)

Compare BELLONIE ET BOURDILLON SUCCESSEURS with other companies in the same sector:

Voir toutes les statistiques du secteur Production de boissons alcooliques distillées

Frequently asked questions about BELLONIE ET BOURDILLON SUCCESSEURS

What is the revenue of BELLONIE ET BOURDILLON SUCCESSEURS ?

The revenue of BELLONIE ET BOURDILLON SUCCESSEURS in 2025 is 44.8 M€.

Is BELLONIE ET BOURDILLON SUCCESSEURS profitable?

BELLONIE ET BOURDILLON SUCCESSEURS recorded a net loss in 2025.

Where is the headquarters of BELLONIE ET BOURDILLON SUCCESSEURS ?

The headquarters of BELLONIE ET BOURDILLON SUCCESSEURS is located in DUCOS (97224), in the department Martinique.

Where to find the tax return of BELLONIE ET BOURDILLON SUCCESSEURS ?

The tax return of BELLONIE ET BOURDILLON SUCCESSEURS 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 BELLONIE ET BOURDILLON SUCCESSEURS operate?

BELLONIE ET BOURDILLON SUCCESSEURS operates in the sector Production de boissons alcooliques distillées (NAF code 11.01Z). See the 'Sector positioning' section above to compare the company with its competitors.