SIREN : 429982929
BLEU AZUR is a French company founded 26 years ago, specialized in the sector Promotion immobilière d'autres bâtiments. Based in PARIS (75001), this company of category ETI shows in 2025 a revenue of 1.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 172 045 € | 2 249 396 € | 1 174 518 € | 7 243 785 € | 21 276 457 € | 16 739 448 € | 62 686 904 € | 50 308 691 € | 45 132 909 € | 35 801 190 € | 58 894 984 € |
| Net income | -4 787 821 € | -2 710 437 € | 990 996 € | 1 186 249 € | 1 608 628 € | -8 442 728 € | -2 766 823 € | 877 014 € | -9 889 590 € | 830 645 € | -3 972 694 € |
| EBITDA | 126 774 € | 810 475 € | 321 078 € | 813 084 € | -2 012 002 € | -6 473 296 € | 2 199 224 € | 3 759 834 € | -4 362 592 € | 1 194 469 € | -30 703 706 € |
| Net margin | -408.5% | -120.5% | 84.4% | 16.4% | 7.6% | -50.4% | -4.4% | 1.7% | -21.9% | 2.3% | -6.7% |
In 2025, BLEU AZUR achieves revenue of 1.2 M€. Revenue is declining over the period 2015-2025 (CAGR: -32.4%). Significant drop of -48% vs 2024. After deducting consumption (77 k€), gross margin stands at 1.1 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 127 k€, representing 10.8% of revenue. Warning negative scissor effect: despite revenue change (-48%), EBITDA varies by -84%, reducing margin by 25.2 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -4.8 M€ (-408.5% of revenue), which will impact equity.
1 172 045 €
1 095 431 €
126 774 €
-2 662 020 €
-4 787 821 €
10.8%
The debt ratio (= Financial debt / Equity x 100) stands at 313%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 215.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
312.885%
13.145%
215.705%
10.391
65.2%
In 2025, the debt ratio of BLEU AZUR (312.88) 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.
In 2025, the financial autonomy of BLEU AZUR (13.1%) 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 BLEU AZUR (10.39) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 244.82. 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 1018.2x. Operating income very largely covers interest expenses: high safety margin.
244.817
1018.247
In 2025, the liquidity ratio of BLEU AZUR (244.82) 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 2025, the interest coverage of BLEU AZUR (1018.2x) 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: 3520 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 6750 days. Excellent situation: suppliers finance 3230 days of the operating cycle (retail model). Inventory turnover is 9126 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 17305 days of revenue, i.e. 56.3 M€ to permanently finance. Notable WCR improvement over the period (-40%), freeing up cash.
56 341 035 €
3520 j
6750 j
9126 j
17305 j
Based on 80 transactions of similar company sales
(all years),
the value of BLEU AZUR is estimated at
202 460 €
(range 77 044€ - 544 208€).
With an EBITDA of 126 774€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 80 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 BLEU AZUR with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière d'autres bâtiments
The revenue of BLEU AZUR in 2025 is 1.2 M€.
BLEU AZUR recorded a net loss in 2025.
The headquarters of BLEU AZUR is located in PARIS (75001), in the department Paris.
The tax return of BLEU AZUR 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).
BLEU AZUR operates in the sector Promotion immobilière d'autres bâtiments (NAF code 41.10C). See the 'Sector positioning' section above to compare the company with its competitors.