BELVEDERE VALORISATION IMMOBILIERE : revenue, balance sheet and financial ratios

BELVEDERE VALORISATION IMMOBILIERE is a French company founded 19 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in PARIS (75016), this company of category PME shows in 2022 a revenue of 476 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 - BELVEDERE VALORISATION IMMOBILIERE (SIREN 495140899)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 475 621 € 499 032 € 830 568 € 2 399 058 € 1 679 622 € 1 167 207 € 465 356 €
Net income 81 427 € -57 704 € 60 773 € 518 822 € 1 965 375 € 649 288 € 860 097 €
EBITDA -31 840 € -323 711 € -54 229 € 584 588 € 643 194 € 582 311 € -293 757 €
Net margin 17.1% -11.6% 7.3% 21.6% 117.0% 55.6% 184.8%

Revenue and income statement

In 2022, BELVEDERE VALORISATION IMMOBILIERE achieves revenue of 476 k€. Revenue is growing positively over 7 years (CAGR: +0.4%). Slight decline of -5% vs 2021. After deducting consumption (0 €), gross margin stands at 476 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 -32 k€, representing -6.7% of revenue. Positive scissor effect: EBITDA margin improves by +58.2 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 81 k€, i.e. 17.1% 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

475 621 €

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

475 621 €

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

-31 840 €

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

-39 668 €

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

81 427 €

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

-6.7%

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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 13%. 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 88%. 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 12.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 23.2% 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

13.26%

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

87.595%

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

23.211%

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

11.974

Asset age ratio (2022) ?
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

30.6%

Solvency indicators evolution
BELVEDERE VALORISATION IMMOBILIERE

Sector positioning

Debt ratio
13.26 2022
2020
2021
2022
Q1: 0.0
Med: 24.48
Q3: 282.47
Good

In 2022, the debt ratio of BELVEDERE VALORISATION IM... (13.26) 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
87.59% 2022
2020
2021
2022
Q1: 0.51%
Med: 24.67%
Q3: 68.95%
Excellent

In 2022, the financial autonomy of BELVEDERE VALORISATION IM... (87.6%) 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
11.97 years 2022
2020
2021
2022
Q1: -5.45 years
Med: 0.0 years
Q3: 2.98 years
Average

In 2022, the repayment capacity of BELVEDERE VALORISATION IM... (11.97) 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 2321.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

2321.989

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

-123.577

Liquidity indicators evolution
BELVEDERE VALORISATION IMMOBILIERE

Sector positioning

Liquidity ratio
2321.99 2022
2020
2021
2022
Q1: 150.23
Med: 466.6
Q3: 2295.26
Excellent +35 pts over 3 years

In 2022, the liquidity ratio of BELVEDERE VALORISATION IM... (2321.99) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-123.58x 2022
2020
2021
2022
Q1: -2.12x
Med: 0.0x
Q3: 4.45x
Average

In 2022, the interest coverage of BELVEDERE VALORISATION IM... (-123.6x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 1027 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 882 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2016-2022, WCR increased by +157%, 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

1 164 653 €

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

3 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

28 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

1027 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

882 j

WCR and payment terms evolution
BELVEDERE VALORISATION IMMOBILIERE

Positioning of BELVEDERE VALORISATION IMMOBILIERE in its sector

Comparison with sector Activités des marchands de biens immobiliers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 147 529€ to 831 772€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
147k€ 468k€ 831k€
468 599 € Range: 147 529€ - 831 772€
NAF 5 année 2022

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 marchands de biens immobiliers)

Compare BELVEDERE VALORISATION IMMOBILIERE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des marchands de biens immobiliers

Frequently asked questions about BELVEDERE VALORISATION IMMOBILIERE

What is the revenue of BELVEDERE VALORISATION IMMOBILIERE ?

The revenue of BELVEDERE VALORISATION IMMOBILIERE in 2022 is 476 k€.

Is BELVEDERE VALORISATION IMMOBILIERE profitable?

Yes, BELVEDERE VALORISATION IMMOBILIERE generated a net profit of 81 k€ in 2022.

Where is the headquarters of BELVEDERE VALORISATION IMMOBILIERE ?

The headquarters of BELVEDERE VALORISATION IMMOBILIERE is located in PARIS (75016), in the department Paris.

Where to find the tax return of BELVEDERE VALORISATION IMMOBILIERE ?

The tax return of BELVEDERE VALORISATION IMMOBILIERE 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 BELVEDERE VALORISATION IMMOBILIERE operate?

BELVEDERE VALORISATION IMMOBILIERE operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.