BERTIN SERVICES FRANCE : revenue, balance sheet and financial ratios

BERTIN SERVICES FRANCE is a French company founded 43 years ago, specialized in the sector Supports juridiques de gestion de patrimoine mobilier. Based in PARIS (75002), this company of category ETI shows in 2024 a revenue of 3.1 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 - BERTIN SERVICES FRANCE (SIREN 326565454)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 3 139 095 € 3 444 867 € 2 983 082 € 2 348 413 € 2 087 312 € 3 253 582 € 3 276 380 € 3 319 092 €
Net income -476 525 € 1 737 535 € 2 007 301 € -251 584 € 115 818 € -178 741 € 1 155 711 € -2 129 509 €
EBITDA 328 818 € 543 220 € 497 794 € 177 819 € 115 350 € 434 254 € 349 014 € 370 570 €
Net margin -15.2% 50.4% 67.3% -10.7% 5.5% -5.5% 35.3% -64.2%

Revenue and income statement

In 2024, BERTIN SERVICES FRANCE achieves revenue of 3.1 M€. Activity remains stable over the period (CAGR: -0.8%). Slight decline of -9% vs 2023. After deducting consumption (225 k€), gross margin stands at 2.9 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 329 k€, representing 10.5% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -39%, reducing margin by 5.3 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -477 k€ (-15.2% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 139 095 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 914 474 €

EBITDA (2024) ?
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

328 818 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-86 550 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-476 525 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.5%

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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 331%. 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 22%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

331.317%

Financial autonomy (2024) ?
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

21.697%

Cash flow / Revenue (2024) ?
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

-4.261%

Repayment capacity (2024) ?
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

-81.098

Asset age ratio (2024) ?
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

24.2%

Solvency indicators evolution
BERTIN SERVICES FRANCE

Sector positioning

Debt ratio
331.32 2024
2022
2023
2024
Q1: 0.0
Med: 2.75
Q3: 41.16
Watch

In 2024, the debt ratio of BERTIN SERVICES FRANCE (331.32) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
21.7% 2024
2022
2023
2024
Q1: 7.81%
Med: 60.44%
Q3: 91.96%
Average +5 pts over 3 years

In 2024, the financial autonomy of BERTIN SERVICES FRANCE (21.7%) 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
-81.1 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 2.68 years
Excellent -51 pts over 3 years

In 2024, the repayment capacity of BERTIN SERVICES FRANCE (-81.10) 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 223.83. 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 138.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

223.832

Interest coverage (2024) ?
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

138.814

Liquidity indicators evolution
BERTIN SERVICES FRANCE

Sector positioning

Liquidity ratio
223.83 2024
2022
2023
2024
Q1: 142.73
Med: 746.83
Q3: 3595.15
Average

In 2024, the liquidity ratio of BERTIN SERVICES FRANCE (223.83) 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
138.81x 2024
2022
2023
2024
Q1: -27.99x
Med: 0.0x
Q3: 0.0x
Excellent

In 2024, the interest coverage of BERTIN SERVICES FRANCE (138.8x) 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. Average customer payment term: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 70 days of revenue, i.e. 610 k€ to permanently finance. Over 2017-2024, WCR increased by +642%, requiring additional financing.

Operating WCR (2024) ?
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

610 020 €

Customer credit (2024) ?
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

17 j

Supplier credit (2024) ?
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

51 j

Inventory turnover (2024) ?
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

1 j

WCR in days of revenue (2024) ?
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

70 j

WCR and payment terms evolution
BERTIN SERVICES FRANCE

Positioning of BERTIN SERVICES FRANCE in its sector

Comparison with sector Supports juridiques de gestion de patrimoine mobilier

Valuation estimate

Based on 103 transactions of similar company sales (all years), the value of BERTIN SERVICES FRANCE is estimated at 882 711 € (range 424 196€ - 2 023 118€). With an EBITDA of 328 818€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.30x (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.

Estimated enterprise value 2024
103 transactions
424k€ 882k€ 2023k€
882 711 € Range: 424 196€ - 2 023 118€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
328 818 € × 2.5x
Estimation 837 905 €
373 125€ - 1 647 550€
Revenue Multiple 30%
3 139 095 € × 0.30x
Estimation 957 390 €
509 315€ - 2 649 067€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Supports juridiques de gestion de patrimoine mobilier)

Compare BERTIN SERVICES FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Supports juridiques de gestion de patrimoine mobilier

Frequently asked questions about BERTIN SERVICES FRANCE

What is the revenue of BERTIN SERVICES FRANCE ?

The revenue of BERTIN SERVICES FRANCE in 2024 is 3.1 M€.

Is BERTIN SERVICES FRANCE profitable?

BERTIN SERVICES FRANCE recorded a net loss in 2024.

Where is the headquarters of BERTIN SERVICES FRANCE ?

The headquarters of BERTIN SERVICES FRANCE is located in PARIS (75002), in the department Paris.

Where to find the tax return of BERTIN SERVICES FRANCE ?

The tax return of BERTIN SERVICES FRANCE 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 BERTIN SERVICES FRANCE operate?

BERTIN SERVICES FRANCE operates in the sector Supports juridiques de gestion de patrimoine mobilier (NAF code 66.19A). See the 'Sector positioning' section above to compare the company with its competitors.