SIREN : 794792622
BLUE BAT is a French company founded 12 years ago, specialized in the sector Travaux d'étanchéification. Based in MARSEILLE (13002), this company of category ETI shows in 2020 a revenue of 339 k€. 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 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 338 683 € | 627 512 € | 572 799 € | 498 075 € | 369 933 € | 71 008 € |
| Net income | 65 712 € | 8 016 € | 28 144 € | 84 480 € | 51 629 € | 6 645 € |
| EBITDA | 63 828 € | -12 651 € | 27 730 € | 115 637 € | 74 351 € | 8 853 € |
| Net margin | 19.4% | 1.3% | 4.9% | 17.0% | 14.0% | 9.4% |
In 2020, BLUE BAT achieves revenue of 339 k€. Over the period 2015-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +36.7%. Significant drop of -46% vs 2019. After deducting consumption (76 k€), gross margin stands at 263 k€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 64 k€, representing 18.8% of revenue. Positive scissor effect: EBITDA margin improves by +20.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 66 k€, i.e. 19.4% of revenue. This profit can be retained or distributed to shareholders.
338 683 €
262 910 €
63 828 €
87 674 €
65 712 €
18.8%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 81%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
11.728%
80.579%
11.301%
0.705
In 2020, the debt ratio of BLUE BAT (11.73) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of BLUE BAT (80.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2020, the repayment capacity of BLUE BAT (0.70) 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 1002.93. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
1002.929
0.064
In 2020, the liquidity ratio of BLUE BAT (1002.93) 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.
In 2020, the interest coverage of BLUE BAT (0.1x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. The company must finance 22 days of gap between collections and payments. Overall, WCR represents 75 days of revenue, i.e. 70 k€ to permanently finance. Over 2015-2020, WCR increased by +251%, requiring additional financing.
70 206 €
46 j
24 j
0 j
75 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 44 750€ to 180 242€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 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 BLUE BAT with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of BLUE BAT in 2020 is 339 k€.
Yes, BLUE BAT generated a net profit of 66 k€ in 2020.
The headquarters of BLUE BAT is located in MARSEILLE (13002), in the department Bouches-du-Rhone.
The tax return of BLUE BAT 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).
BLUE BAT operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.