SIREN : 449046614
BORALEX NIBAS is a French company founded 22 years ago, specialized in the sector Production d'électricité. Based in BLENDECQUES (62575), this company of category ETI shows in 2024 a revenue of 2.3 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 295 964 € | 911 351 € | 692 959 € | 710 332 € | 1 049 121 € | 1 441 988 € | 1 299 490 € | 1 659 440 € | 1 616 662 € |
| Net income | 1 233 479 € | 25 513 € | -217 544 € | -55 542 € | 312 202 € | 943 051 € | 538 352 € | 821 984 € | 1 003 271 € |
| EBITDA | 1 743 793 € | 370 774 € | 134 891 € | 179 370 € | 557 054 € | 950 056 € | 820 957 € | 1 225 832 € | 1 147 033 € |
| Net margin | 53.7% | 2.8% | -31.4% | -7.8% | 29.8% | 65.4% | 41.4% | 49.5% | 62.1% |
In 2024, BORALEX NIBAS achieves revenue of 2.3 M€. Revenue is growing positively over 9 years (CAGR: +4.5%). Vs 2023, growth of +152% (911 k€ -> 2.3 M€). After deducting consumption (0 €), gross margin stands at 2.3 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 1.7 M€, representing 76.0% of revenue. Positive scissor effect: EBITDA margin improves by +35.3 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 1.2 M€, i.e. 53.7% of revenue. This profit can be retained or distributed to shareholders.
2 295 964 €
2 295 964 €
1 743 793 €
1 257 620 €
1 233 479 €
76.0%
The debt ratio (= Financial debt / Equity x 100) stands at 10%. 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 78%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 63.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
9.673%
77.718%
63.727%
0.225
0.1%
In 2024, the debt ratio of BORALEX NIBAS (9.67) 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 NIBAS (77.7%) 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 NIBAS (0.23) 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 18787.96. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
18787.964
0.0
In 2024, the liquidity ratio of BORALEX NIBAS (18787.96) 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 NIBAS (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. The gap of 65 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 44 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 345 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2024, WCR increased by +186%, requiring additional financing.
2 200 475 €
78 j
13 j
44 j
345 j
Based on 85 transactions of similar company sales
(all years),
the value of BORALEX NIBAS is estimated at
3 296 629 €
(range 505 705€ - 12 954 833€).
With an EBITDA of 1 743 793€, 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 NIBAS with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of BORALEX NIBAS in 2024 is 2.3 M€.
Yes, BORALEX NIBAS generated a net profit of 1.2 M€ in 2024.
The headquarters of BORALEX NIBAS is located in BLENDECQUES (62575), in the department Pas-de-Calais.
The tax return of BORALEX NIBAS 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 NIBAS operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.