BL DEVELOPPEMENT : revenue, balance sheet and financial ratios

BL DEVELOPPEMENT is a French company founded 10 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in DIVATTE-SUR-LOIRE (44450), this company of category PME shows in 2025 a revenue of 99 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - BL DEVELOPPEMENT (SIREN 818628927)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 99 000 € 99 000 € 107 930 € 131 749 € 140 197 € 89 215 € 87 434 € 71 252 € 24 813 €
Net income 29 132 € 7 167 € 9 938 € 10 960 € 21 177 € 15 477 € 14 576 € 13 538 € -82 €
EBITDA -1 246 € 15 097 € 7 151 € 8 686 € 10 711 € 5 594 € 5 717 € 4 526 € 1 822 €
Net margin 29.4% 7.2% 9.2% 8.3% 15.1% 17.3% 16.7% 19.0% -0.3%

Revenue and income statement

In 2025, BL DEVELOPPEMENT achieves revenue of 99 k€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +18.9%. Slight decline of 0% vs 2024. After deducting consumption (0 €), gross margin stands at 99 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 -1 k€, representing -1.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -108%, reducing margin by 16.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29 k€, i.e. 29.4% of revenue. This profit can be retained or distributed to shareholders.

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

99 000 €

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

99 000 €

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

-1 246 €

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

-1 252 €

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

29 132 €

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

-1.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 29.4% 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 (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

1.529%

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

1.373%

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

29.426%

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

0.0

Solvency indicators evolution
BL DEVELOPPEMENT

Sector positioning

Debt ratio
1.53 2025
2023
2024
2025
Q1: 2.82
Med: 13.54
Q3: 37.02
Excellent -15 pts over 3 years

In 2025, the debt ratio of BL DEVELOPPEMENT (1.53) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
1.37% 2025
2023
2024
2025
Q1: 26.17%
Med: 46.9%
Q3: 62.31%
Watch

In 2025, the financial autonomy of BL DEVELOPPEMENT (1.4%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.23 years
Q3: 1.19 years
Excellent -50 pts over 3 years

In 2025, the repayment capacity of BL DEVELOPPEMENT (0.00) 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 296.43. 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

296.425

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

-20.144

Liquidity indicators evolution
BL DEVELOPPEMENT

Sector positioning

Liquidity ratio
296.43 2025
2023
2024
2025
Q1: 171.61
Med: 236.61
Q3: 348.89
Good +39 pts over 3 years

In 2025, the liquidity ratio of BL DEVELOPPEMENT (296.43) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-20.14x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.3x
Q3: 2.66x
Average -50 pts over 3 years

In 2025, the interest coverage of BL DEVELOPPEMENT (-20.1x) 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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 103 days of revenue, i.e. 28 k€ to permanently finance. Over 2017-2025, WCR increased by +191%, 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

28 226 €

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

30 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

26 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

0 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

103 j

WCR and payment terms evolution
BL DEVELOPPEMENT

Positioning of BL DEVELOPPEMENT in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Based on 283 transactions of similar company sales (all years), the value of BL DEVELOPPEMENT is estimated at 27 664 € (range 12 374€ - 85 839€). The price/revenue ratio is 0.18x (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 2025
283 transactions
12k€ 27k€ 85k€
27 664 € Range: 12 374€ - 85 839€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
99 000 € × 0.18x
Estimation 17 767 €
10 725€ - 34 537€
Net Income Multiple 20%
29 132 € × 1.5x
Estimation 42 511 €
14 850€ - 162 794€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 283 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 (Travaux d'installation électrique dans tous locaux)

Compare BL DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about BL DEVELOPPEMENT

What is the revenue of BL DEVELOPPEMENT ?

The revenue of BL DEVELOPPEMENT in 2025 is 99 k€.

Is BL DEVELOPPEMENT profitable?

Yes, BL DEVELOPPEMENT generated a net profit of 29 k€ in 2025.

Where is the headquarters of BL DEVELOPPEMENT ?

The headquarters of BL DEVELOPPEMENT is located in DIVATTE-SUR-LOIRE (44450), in the department Loire-Atlantique.

Where to find the tax return of BL DEVELOPPEMENT ?

The tax return of BL DEVELOPPEMENT 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 BL DEVELOPPEMENT operate?

BL DEVELOPPEMENT operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.