SIREN : 347593741
BIANIC is a French company founded 37 years ago, specialized in the sector Préparation industrielle de produits à base de viande. Based in SAINT-MARTIN-DES-CHAMPS (29600), this company of category ETI shows in 2021 a revenue of 4.8 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
| Indicator | 2021 | 2019 | 2017 |
|---|---|---|---|
| Revenue | 4 778 965 € | 5 672 681 € | N/C |
| Net income | 100 415 € | 372 003 € | 323 227 € |
| EBITDA | 197 892 € | 655 647 € | N/C |
| Net margin | 2.1% | 6.6% | N/C |
In 2021, BIANIC achieves revenue of 4.8 M€. Revenue is declining over the period 2019-2021 (CAGR: -8.2%). Significant drop of -16% vs 2019. After deducting consumption (2.1 M€), gross margin stands at 2.6 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 198 k€, representing 4.1% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -70%, reducing margin by 7.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 100 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.
4 778 965 €
2 636 102 €
197 892 €
135 368 €
100 415 €
4.1%
The debt ratio (= Financial debt / Equity x 100) stands at 63%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
63.355%
37.783%
4.113%
2.841
7.7%
In 2021, the debt ratio of BIANIC (63.35) 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 2021, the financial autonomy of BIANIC (37.8%) 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 2021, the repayment capacity of BIANIC (2.84) 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 206.18. 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 4.2x. Financial charges are adequately covered by operations.
206.182
4.25
In 2021, the liquidity ratio of BIANIC (206.18) 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.
In 2021, the interest coverage of BIANIC (4.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 92 days of revenue, i.e. 1.2 M€ to permanently finance.
1 219 114 €
40 j
57 j
45 j
92 j
Based on 108 transactions of similar company sales (all years), the value of BIANIC is estimated at 816 237 € (range 443 994€ - 1 681 098€). With an EBITDA of 197 892€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.26x (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 108 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 BIANIC with other companies in the same sector:
Voir toutes les statistiques du secteur Préparation industrielle de produits à base de viande
The revenue of BIANIC in 2021 is 4.8 M€.
Yes, BIANIC generated a net profit of 100 k€ in 2021.
The headquarters of BIANIC is located in SAINT-MARTIN-DES-CHAMPS (29600), in the department Finistere.
The tax return of BIANIC 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).
BIANIC operates in the sector Préparation industrielle de produits à base de viande (NAF code 10.13A). See the 'Sector positioning' section above to compare the company with its competitors.