BLONDEL AEROLOGISTIQUE-SO : revenue, balance sheet and financial ratios

BLONDEL AEROLOGISTIQUE-SO is a French company founded 11 years ago, specialized in the sector Entreposage et stockage non frigorifique. Based in MORCOURT (02100), this company of category ETI shows in 2025 a revenue of 16.7 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 - BLONDEL AEROLOGISTIQUE-SO (SIREN 809668213)
Indicator 2025 2024 2023 2019 2018 2017 2016
Revenue 16 715 291 € 16 468 090 € 11 945 730 € N/C 10 663 694 € 7 333 708 € 4 798 337 €
Net income 457 279 € 442 343 € 416 702 € 208 485 € 229 771 € 304 457 € 240 015 €
EBITDA 1 077 392 € 1 115 485 € 841 865 € N/C 329 998 € 434 372 € 407 818 €
Net margin 2.7% 2.7% 3.5% N/C 2.2% 4.2% 5.0%

Revenue and income statement

In 2025, BLONDEL AEROLOGISTIQUE-SO achieves revenue of 16.7 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +14.9%. Vs 2024: +2%. After deducting consumption (1.3 M€), gross margin stands at 15.5 M€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 6.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 457 k€, i.e. 2.7% 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

16 715 291 €

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

15 452 215 €

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

1 077 392 €

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

724 686 €

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

457 279 €

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

6.4%

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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 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

41.666%

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

22.1%

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

4.605%

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

1.042

Asset age ratio (2025) ?
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

51.5%

Solvency indicators evolution
BLONDEL AEROLOGISTIQUE-SO

Sector positioning

Debt ratio
41.67 2025
2023
2024
2025
Q1: 0.36
Med: 41.05
Q3: 94.7
Average -7 pts over 3 years

In 2025, the debt ratio of BLONDEL AEROLOGISTIQUE-SO (41.67) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
22.1% 2025
2023
2024
2025
Q1: 17.83%
Med: 37.48%
Q3: 58.98%
Average -15 pts over 3 years

In 2025, the financial autonomy of BLONDEL AEROLOGISTIQUE-SO (22.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.04 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 1.0 years
Q3: 5.18 years
Average -11 pts over 3 years

In 2025, the repayment capacity of BLONDEL AEROLOGISTIQUE-SO (1.04) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 117.29. 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 2.5x. Financial charges are adequately covered by operations.

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

117.289

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

2.521

Liquidity indicators evolution
BLONDEL AEROLOGISTIQUE-SO

Sector positioning

Liquidity ratio
117.29 2025
2023
2024
2025
Q1: 108.74
Med: 185.86
Q3: 322.43
Average

In 2025, the liquidity ratio of BLONDEL AEROLOGISTIQUE-SO (117.29) 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
2.52x 2025
2023
2024
2025
Q1: 0.0x
Med: 2.99x
Q3: 12.05x
Average

In 2025, the interest coverage of BLONDEL AEROLOGISTIQUE-SO (2.5x) 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: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 102 days. Excellent situation: suppliers finance 31 days of the operating cycle (retail model). Overall, WCR represents 43 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2016-2025, WCR increased by +101%, 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

1 976 917 €

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

71 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

102 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

43 j

WCR and payment terms evolution
BLONDEL AEROLOGISTIQUE-SO

Positioning of BLONDEL AEROLOGISTIQUE-SO in its sector

Comparison with sector Entreposage et stockage non frigorifique

Valuation estimate

Based on 77 transactions of similar company sales (all years), the value of BLONDEL AEROLOGISTIQUE-SO is estimated at 1 377 648 € (range 748 210€ - 3 427 721€). With an EBITDA of 1 077 392€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.14x (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.

Estimated enterprise value 2025
77 tx
748k€ 1377k€ 3427k€
1 377 648 € Range: 748 210€ - 3 427 721€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 077 392 € × 1.0x
Estimation 1 095 063 €
483 988€ - 2 588 126€
Revenue Multiple 30%
16 715 291 € × 0.14x
Estimation 2 403 025 €
1 555 000€ - 5 749 435€
Net Income Multiple 20%
457 279 € × 1.2x
Estimation 546 049 €
198 583€ - 2 044 141€
How is this estimate calculated?

This estimate is based on the analysis of 77 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 (Entreposage et stockage non frigorifique)

Compare BLONDEL AEROLOGISTIQUE-SO with other companies in the same sector:

Voir toutes les statistiques du secteur Entreposage et stockage non frigorifique

Frequently asked questions about BLONDEL AEROLOGISTIQUE-SO

What is the revenue of BLONDEL AEROLOGISTIQUE-SO ?

The revenue of BLONDEL AEROLOGISTIQUE-SO in 2025 is 16.7 M€.

Is BLONDEL AEROLOGISTIQUE-SO profitable?

Yes, BLONDEL AEROLOGISTIQUE-SO generated a net profit of 457 k€ in 2025.

Where is the headquarters of BLONDEL AEROLOGISTIQUE-SO ?

The headquarters of BLONDEL AEROLOGISTIQUE-SO is located in MORCOURT (02100), in the department Aisne.

Where to find the tax return of BLONDEL AEROLOGISTIQUE-SO ?

The tax return of BLONDEL AEROLOGISTIQUE-SO 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 BLONDEL AEROLOGISTIQUE-SO operate?

BLONDEL AEROLOGISTIQUE-SO operates in the sector Entreposage et stockage non frigorifique (NAF code 52.10B). See the 'Sector positioning' section above to compare the company with its competitors.