Employees: 03 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 1973-01-01 (53 years)Status: ActiveBusiness sector: Entreposage et stockage non frigorifiqueLocation: MORCOURT (02100), Aisne
BLONDEL LOGISTIQUE : revenue, balance sheet and financial ratios
BLONDEL LOGISTIQUE is a French company
founded 53 years ago,
specialized in the sector Entreposage et stockage non frigorifique.
Based in MORCOURT (02100),
this company of category ETI
shows in 2024 a revenue of 7.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - BLONDEL LOGISTIQUE (SIREN 786503961)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
7 111 776 €
4 763 205 €
8 108 284 €
7 379 297 €
6 884 350 €
6 029 729 €
7 236 906 €
6 559 746 €
6 040 392 €
Net income
8 343 850 €
6 450 578 €
2 427 970 €
1 956 070 €
1 376 144 €
684 687 €
1 727 122 €
1 663 629 €
1 559 008 €
EBITDA
597 865 €
-998 447 €
3 659 514 €
3 286 408 €
2 366 295 €
1 664 304 €
2 792 233 €
2 263 757 €
2 456 470 €
Net margin
117.3%
135.4%
29.9%
26.5%
20.0%
11.4%
23.9%
25.4%
25.8%
Revenue and income statement
In 2024, BLONDEL LOGISTIQUE achieves revenue of 7.1 M€. Revenue is growing positively over 9 years (CAGR: +2.1%). Vs 2023, growth of +49% (4.8 M€ -> 7.1 M€). After deducting consumption (0 €), gross margin stands at 7.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 598 k€, representing 8.4% of revenue. Positive scissor effect: EBITDA margin improves by +29.4 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 8.3 M€, i.e. 117.3% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
7 111 776 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
7 111 776 €
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
597 865 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
733 806 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
8 343 850 €
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
8.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 135%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 115.0% 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 (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
135.21%
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
42.166%
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
114.955%
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
8.221
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
75.014
92.798
137.459
137.148
317.203
208.059
204.418
185.284
135.21
Financial autonomy
53.205
48.422
40.215
39.726
23.191
31.462
31.39
34.772
42.166
Repayment capacity
5.046
8.377
11.783
30.715
37.787
19.797
17.707
12.894
8.221
Cash flow / Revenue
26.786%
21.192%
23.012%
11.079%
19.92%
26.053%
29.477%
124.8%
114.955%
Sector positioning
Debt ratio
135.212024
2022
2023
2024
Q1: 0.0
Med: 11.12
Q3: 67.77
Watch
In 2024, the debt ratio of BLONDEL LOGISTIQUE (135.21) 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
42.17%2024
2022
2023
2024
Q1: 9.65%
Med: 34.88%
Q3: 62.0%
Good+9 pts over 3 years
In 2024, the financial autonomy of BLONDEL LOGISTIQUE (42.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Repayment capacity
8.22 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.78 years
Watch
In 2024, the repayment capacity of BLONDEL LOGISTIQUE (8.22) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 1210.02. 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 181.7x. 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
1210.015
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
181.703
Liquidity indicators evolution BLONDEL LOGISTIQUE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
714.111
876.567
972.684
696.401
1202.244
814.387
698.711
1371.505
1210.015
Interest coverage
6.221
8.422
12.882
22.967
18.806
19.202
14.865
-203.296
181.703
Sector positioning
Liquidity ratio
1210.022024
2022
2023
2024
Q1: 105.43
Med: 164.12
Q3: 324.56
Excellent
In 2024, the liquidity ratio of BLONDEL LOGISTIQUE (1210.02) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
181.7x2024
2022
2023
2024
Q1: 0.0x
Med: 0.42x
Q3: 6.22x
Excellent
In 2024, the interest coverage of BLONDEL LOGISTIQUE (181.7x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 31 days. The company must finance 15 days of gap between collections and payments. Overall, WCR represents 242 days of revenue, i.e. 4.8 M€ to permanently finance.
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
4 776 695 €
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
46 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
31 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
0 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
242 j
WCR and payment terms evolution BLONDEL LOGISTIQUE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
5 682 076 €
7 234 153 €
11 652 577 €
7 780 823 €
7 211 288 €
10 556 970 €
14 138 334 €
10 196 117 €
4 776 695 €
Inventory turnover (days)
0
0
0
0
2
1
0
0
0
Customer payment term (days)
194
219
192
135
170
190
208
19
46
Supplier payment term (days)
49
60
40
133
87
62
151
34
31
Positioning of BLONDEL LOGISTIQUE 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 LOGISTIQUE is estimated at
2 603 279 €
(range 1 057 464€ - 8 911 734€).
With an EBITDA of 597 865€, 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 value2024
77 tx
1057k€2603k€8911k€
2 603 279 €Range: 1 057 464€ - 8 911 734€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
597 865 €×1.0x
Estimation607 671 €
268 574€ - 1 436 199€
Revenue Multiple30%
7 111 776 €×0.14x
Estimation1 022 404 €
661 598€ - 2 446 185€
Net Income Multiple20%
8 343 850 €×1.2x
Estimation9 963 615 €
3 623 492€ - 37 298 896€
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 LOGISTIQUE with other companies in the same sector:
Frequently asked questions about BLONDEL LOGISTIQUE
What is the revenue of BLONDEL LOGISTIQUE ?
The revenue of BLONDEL LOGISTIQUE in 2024 is 7.1 M€.
Is BLONDEL LOGISTIQUE profitable?
Yes, BLONDEL LOGISTIQUE generated a net profit of 8.3 M€ in 2024.
Where is the headquarters of BLONDEL LOGISTIQUE ?
The headquarters of BLONDEL LOGISTIQUE is located in MORCOURT (02100), in the department Aisne.
Where to find the tax return of BLONDEL LOGISTIQUE ?
The tax return of BLONDEL LOGISTIQUE 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 LOGISTIQUE operate?
BLONDEL LOGISTIQUE 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.
Item evolution
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