BOBION & JOANIN BORDEAUX : revenue, balance sheet and financial ratios

BOBION & JOANIN BORDEAUX is a French company founded 9 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in TRESSES (33370), this company of category ETI shows in 2024 a revenue of 18.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - BOBION & JOANIN BORDEAUX (SIREN 820720712)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 18 118 848 € 18 943 391 € 16 405 806 € 16 019 072 € 10 417 470 € 8 090 176 € N/C 3 339 950 €
Net income 731 374 € 729 773 € 1 004 627 € 762 334 € 584 328 € 323 904 € 508 851 € 113 220 €
EBITDA 1 306 714 € 1 304 065 € 1 512 714 € 1 322 497 € 1 060 862 € 640 703 € N/C 230 177 €
Net margin 4.0% 3.9% 6.1% 4.8% 5.6% 4.0% N/C 3.4%

Revenue and income statement

In 2024, BOBION & JOANIN BORDEAUX achieves revenue of 18.1 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +27.3%. Slight decline of -4% vs 2023. After deducting consumption (7.2 M€), gross margin stands at 10.9 M€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 7.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 731 k€, i.e. 4.0% 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

18 118 848 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

10 880 879 €

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

1 306 714 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 126 167 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

731 374 €

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

7.2%

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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 11%. 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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

11.159%

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

30.772%

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

4.809%

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

0.378

Asset age ratio (2024) ?
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

36.0%

Solvency indicators evolution
BOBION & JOANIN BORDEAUX

Sector positioning

Debt ratio
11.16 2024
2022
2023
2024
Q1: 0.99
Med: 13.23
Q3: 41.2
Good +7 pts over 3 years

In 2024, the debt ratio of BOBION & JOANIN BORDEAUX (11.16) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
30.77% 2024
2022
2023
2024
Q1: 17.5%
Med: 38.73%
Q3: 57.7%
Average

In 2024, the financial autonomy of BOBION & JOANIN BORDEAUX (30.8%) 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
0.38 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.04 years
Average +8 pts over 3 years

In 2024, the repayment capacity of BOBION & JOANIN BORDEAUX (0.38) 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 150.68. 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 1.0x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

150.684

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

1.01

Liquidity indicators evolution
BOBION & JOANIN BORDEAUX

Sector positioning

Liquidity ratio
150.68 2024
2022
2023
2024
Q1: 154.33
Med: 215.1
Q3: 312.74
Watch

In 2024, the liquidity ratio of BOBION & JOANIN BORDEAUX (150.68) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
1.01x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Good +22 pts over 3 years

In 2024, the interest coverage of BOBION & JOANIN BORDEAUX (1.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. The company must finance 30 days of gap between collections and payments. Overall, WCR represents 6 days of revenue, i.e. 295 k€ to permanently finance. Notable WCR improvement over the period (-26%), freeing up cash.

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

295 337 €

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

75 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

45 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

6 j

WCR and payment terms evolution
BOBION & JOANIN BORDEAUX

Positioning of BOBION & JOANIN BORDEAUX in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 880 932€ to 3 533 186€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
880k€ 2041k€ 3533k€
2 041 684 € Range: 880 932€ - 3 533 186€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare BOBION & JOANIN BORDEAUX with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about BOBION & JOANIN BORDEAUX

What is the revenue of BOBION & JOANIN BORDEAUX ?

The revenue of BOBION & JOANIN BORDEAUX in 2024 is 18.1 M€.

Is BOBION & JOANIN BORDEAUX profitable?

Yes, BOBION & JOANIN BORDEAUX generated a net profit of 731 k€ in 2024.

Where is the headquarters of BOBION & JOANIN BORDEAUX ?

The headquarters of BOBION & JOANIN BORDEAUX is located in TRESSES (33370), in the department Gironde.

Where to find the tax return of BOBION & JOANIN BORDEAUX ?

The tax return of BOBION & JOANIN BORDEAUX 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 BOBION & JOANIN BORDEAUX operate?

BOBION & JOANIN BORDEAUX operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.