SIREN : 389051863
BLUE WATER FRANCE is a French company founded 33 years ago, specialized in the sector Enseignement secondaire technique ou professionnel. Based in ANTIBES (06600), this company of category PME shows in 2024 a revenue of 3.7 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 727 618 € | 3 529 167 € | 3 285 928 € | 3 005 428 € | 2 738 333 € | 4 403 191 € | 4 371 245 € | 4 229 730 € | 4 059 326 € |
| Net income | 23 643 € | 14 447 € | 26 145 € | 35 006 € | 25 182 € | 10 961 € | 33 541 € | 35 568 € | 17 971 € |
| EBITDA | 75 505 € | 48 845 € | 73 544 € | 100 578 € | 59 965 € | 41 957 € | 63 056 € | 75 139 € | -29 104 € |
| Net margin | 0.6% | 0.4% | 0.8% | 1.2% | 0.9% | 0.2% | 0.8% | 0.8% | 0.4% |
In 2024, BLUE WATER FRANCE achieves revenue of 3.7 M€. Activity remains stable over the period (CAGR: -1.1%). Vs 2023: +6%. After deducting consumption (59 €), gross margin stands at 3.7 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 76 k€, representing 2.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.
3 727 618 €
3 727 559 €
75 505 €
35 261 €
23 643 €
2.0%
The debt ratio (= Financial debt / Equity x 100) stands at 31%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 49%. 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 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
30.953%
49.297%
1.267%
2.864
12.7%
In 2024, the debt ratio of BLUE WATER FRANCE (30.95) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of BLUE WATER FRANCE (49.3%) 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.
In 2024, the repayment capacity of BLUE WATER FRANCE (2.86) 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 153.53. 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 7.2x. Operating income very largely covers interest expenses: high safety margin.
153.525
7.23
In 2024, the liquidity ratio of BLUE WATER FRANCE (153.53) 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 2024, the interest coverage of BLUE WATER FRANCE (7.2x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 9 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Overall, WCR represents 23 days of revenue, i.e. 239 k€ to permanently finance.
239 499 €
1 j
9 j
0 j
23 j
Based on 412 transactions of similar company sales (all years), the value of BLUE WATER FRANCE is estimated at 456 136 € (range 218 762€ - 902 315€). With an EBITDA of 75 505€, the sector multiple of 3.0x is applied. The price/revenue ratio is 0.29x (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.
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This estimate is based on the analysis of 412 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 WATER FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Enseignement secondaire technique ou professionnel
The revenue of BLUE WATER FRANCE in 2024 is 3.7 M€.
Yes, BLUE WATER FRANCE generated a net profit of 24 k€ in 2024.
The headquarters of BLUE WATER FRANCE is located in ANTIBES (06600), in the department Alpes-Maritimes.
The tax return of BLUE WATER FRANCE 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 WATER FRANCE operates in the sector Enseignement secondaire technique ou professionnel (NAF code 85.32Z). See the 'Sector positioning' section above to compare the company with its competitors.