SIREN : 413213752
BERCOT is a French company founded 28 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in LA VEZE (25660), this company of category PME shows in 2025 a revenue of 20.0 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 19 995 894 € | 23 264 710 € | 21 041 128 € | 15 837 946 € | N/C | N/C | N/C | 5 109 845 € |
| Net income | 2 008 625 € | 976 095 € | 1 987 836 € | 716 397 € | 881 254 € | 651 809 € | 289 215 € | 267 383 € |
| EBITDA | 902 461 € | 1 028 531 € | 260 845 € | 1 457 068 € | N/C | N/C | N/C | 317 740 € |
| Net margin | 10.0% | 4.2% | 9.4% | 4.5% | N/C | N/C | N/C | 5.2% |
In 2025, BERCOT achieves revenue of 20.0 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +16.4%. Significant drop of -14% vs 2024. After deducting consumption (16.1 M€), gross margin stands at 3.9 M€, i.e. a rate of 20%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 902 k€, representing 4.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.0 M€, i.e. 10.0% of revenue. This profit can be retained or distributed to shareholders.
19 995 894 €
3 910 528 €
902 461 €
509 142 €
2 008 625 €
4.5%
The debt ratio (= Financial debt / Equity x 100) stands at 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
47.839%
23.018%
7.168%
2.005
88.7%
In 2025, the debt ratio of BERCOT (47.84) 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 2025, the financial autonomy of BERCOT (23.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of BERCOT (2.00) 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 142.58. 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 150.4x. Operating income very largely covers interest expenses: high safety margin.
142.582
150.406
In 2025, the liquidity ratio of BERCOT (142.58) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2025, the interest coverage of BERCOT (150.4x) 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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 266 days. Excellent situation: suppliers finance 225 days of the operating cycle (retail model). Inventory turnover is 156 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 207 days of revenue, i.e. 11.5 M€ to permanently finance. Over 2016-2025, WCR increased by +811%, requiring additional financing.
11 516 035 €
41 j
266 j
156 j
207 j
Based on 145 transactions of similar company sales (all years), the value of BERCOT is estimated at 3 657 870 € (range 1 342 019€ - 8 617 185€). With an EBITDA of 902 461€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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.
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This estimate is based on the analysis of 145 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 BERCOT with other companies in the same sector:
The revenue of BERCOT in 2025 is 20.0 M€.
Yes, BERCOT generated a net profit of 2.0 M€ in 2025.
The headquarters of BERCOT is located in LA VEZE (25660), in the department Doubs.
The tax return of BERCOT 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).
BERCOT operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.