SIREN : 480876390
BORALEX MASSIF CENTRAL is a French company founded 21 years ago, specialized in the sector Production d'électricité. Based in BLENDECQUES (62575), this company of category ETI shows in 2024 a revenue of 7.9 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 | 7 886 273 € | 7 738 205 € | 7 439 880 € | 11 765 132 € | 16 013 042 € | 24 865 015 € | 23 189 635 € | 23 906 546 € | 23 238 025 € |
| Net income | 2 267 543 € | 2 046 916 € | 10 523 501 € | 3 191 737 € | 10 982 544 € | 2 889 799 € | 6 603 513 € | 7 131 118 € | 10 718 838 € |
| EBITDA | 7 574 562 € | 7 409 455 € | 7 081 494 € | 6 298 455 € | 10 590 824 € | 20 099 259 € | 18 838 400 € | 20 248 566 € | 18 512 411 € |
| Net margin | 28.8% | 26.5% | 141.4% | 27.1% | 68.6% | 11.6% | 28.5% | 29.8% | 46.1% |
In 2024, BORALEX MASSIF CENTRAL achieves revenue of 7.9 M€. Revenue is declining over the period 2016-2024 (CAGR: -12.6%). Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 7.9 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 7.6 M€, representing 96.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.3 M€, i.e. 28.8% of revenue. This profit can be retained or distributed to shareholders.
7 886 273 €
7 886 273 €
7 574 562 €
1 618 772 €
2 267 543 €
96.0%
The debt ratio (= Financial debt / Equity x 100) stands at 98%. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 68.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
97.554%
41.804%
68.211%
3.342
20.3%
In 2024, the debt ratio of BORALEX MASSIF CENTRAL (97.55) 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 BORALEX MASSIF CENTRAL (41.8%) 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 2024, the repayment capacity of BORALEX MASSIF CENTRAL (3.34) 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 896.98. 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 58.2x. Operating income very largely covers interest expenses: high safety margin.
896.978
58.219
In 2024, the liquidity ratio of BORALEX MASSIF CENTRAL (896.98) 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 2024, the interest coverage of BORALEX MASSIF CENTRAL (58.2x) 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: 98 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 462 days. Excellent situation: suppliers finance 364 days of the operating cycle (retail model). WCR is negative (-870 days): operations structurally generate cash. Over 2016-2024, WCR increased by +36%, requiring additional financing.
-19 064 907 €
98 j
462 j
0 j
-870 j
Based on 85 transactions of similar company sales
(all years),
the value of BORALEX MASSIF CENTRAL is estimated at
12 106 726 €
(range 1 659 440€ - 47 508 681€).
With an EBITDA of 7 574 562€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 BORALEX MASSIF CENTRAL with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of BORALEX MASSIF CENTRAL in 2024 is 7.9 M€.
Yes, BORALEX MASSIF CENTRAL generated a net profit of 2.3 M€ in 2024.
The headquarters of BORALEX MASSIF CENTRAL is located in BLENDECQUES (62575), in the department Pas-de-Calais.
The tax return of BORALEX MASSIF CENTRAL 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).
BORALEX MASSIF CENTRAL operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.