BORDEAUX CHEVAL CLUB : revenue, balance sheet and financial ratios

BORDEAUX CHEVAL CLUB is a French company founded 24 years ago, specialized in the sector Gestion d'installations sportives. Based in FARGUES-SAINT-HILAIRE (33370), this company of category PME shows in 2019 a revenue of 119 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - BORDEAUX CHEVAL CLUB (SIREN 439504820)
Indicator 2019 2018 2016
Revenue 119 264 € 92 827 € 174 492 €
Net income -9 062 € -8 624 € 19 952 €
EBITDA 1 098 € 3 076 € 29 256 €
Net margin -7.6% -9.3% 11.4%

Revenue and income statement

In 2019, BORDEAUX CHEVAL CLUB achieves revenue of 119 k€. Revenue is declining over the period 2016-2019 (CAGR: -11.9%). Vs 2018, growth of +28% (93 k€ -> 119 k€). After deducting consumption (26 k€), gross margin stands at 93 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 1 k€, representing 0.9% of revenue. Warning negative scissor effect: despite revenue change (+28%), EBITDA varies by -64%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -9 k€ (-7.6% of revenue), which will impact equity.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

119 264 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

93 411 €

EBITDA (2019) ?
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

1 098 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-10 117 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-9 062 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.9%

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Chart evolution

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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 0%. 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 62%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2019) ?
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

61.786%

Cash flow / Revenue (2019) ?
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

-6.249%

Repayment capacity (2019) ?
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

0.0

Asset age ratio (2019) ?
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

24.0%

Solvency indicators evolution
BORDEAUX CHEVAL CLUB

Sector positioning

Debt ratio
0.0 2019
2016
2018
2019
Q1: 0.0
Med: 13.14
Q3: 119.64
Excellent -6 pts over 3 years

In 2019, the debt ratio of BORDEAUX CHEVAL CLUB (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
61.79% 2019
2016
2018
2019
Q1: 1.51%
Med: 24.0%
Q3: 53.63%
Excellent

In 2019, the financial autonomy of BORDEAUX CHEVAL CLUB (61.8%) 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.

Repayment capacity
0.0 years 2019
2016
2018
2019
Q1: 0.0 years
Med: 0.03 years
Q3: 2.31 years
Excellent -27 pts over 3 years

In 2019, the repayment capacity of BORDEAUX CHEVAL CLUB (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 66.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
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

66.646

Interest coverage (2019) ?
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

0.0

Liquidity indicators evolution
BORDEAUX CHEVAL CLUB

Sector positioning

Liquidity ratio
66.65 2019
2016
2018
2019
Q1: 65.35
Med: 130.68
Q3: 250.9
Average -50 pts over 3 years

In 2019, the liquidity ratio of BORDEAUX CHEVAL CLUB (66.65) 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.

Interest coverage
0.0x 2019
2016
2018
2019
Q1: 0.0x
Med: 0.45x
Q3: 5.84x
Average

In 2019, the interest coverage of BORDEAUX CHEVAL CLUB (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Excellent situation: suppliers finance 93 days of the operating cycle (retail model). Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 52 days of revenue, i.e. 17 k€ to permanently finance. Over 2016-2019, WCR increased by +469%, requiring additional financing.

Operating WCR (2019) ?
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

17 139 €

Customer credit (2019) ?
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

17 j

Supplier credit (2019) ?
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

110 j

Inventory turnover (2019) ?
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

4 j

WCR in days of revenue (2019) ?
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

52 j

WCR and payment terms evolution
BORDEAUX CHEVAL CLUB

Positioning of BORDEAUX CHEVAL CLUB in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of BORDEAUX CHEVAL CLUB is estimated at 28 324 € (range 9 639€ - 45 627€). With an EBITDA of 1 098€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.57x (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.

Estimated enterprise value 2019
73 tx
9k€ 28k€ 45k€
28 324 € Range: 9 639€ - 45 627€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 098 € × 4.0x
Estimation 4 430 €
2 522€ - 7 074€
Revenue Multiple 30%
119 264 € × 0.57x
Estimation 68 148 €
21 503€ - 109 883€
How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare BORDEAUX CHEVAL CLUB with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about BORDEAUX CHEVAL CLUB

What is the revenue of BORDEAUX CHEVAL CLUB ?

The revenue of BORDEAUX CHEVAL CLUB in 2019 is 119 k€.

Is BORDEAUX CHEVAL CLUB profitable?

BORDEAUX CHEVAL CLUB recorded a net loss in 2019.

Where is the headquarters of BORDEAUX CHEVAL CLUB ?

The headquarters of BORDEAUX CHEVAL CLUB is located in FARGUES-SAINT-HILAIRE (33370), in the department Gironde.

Where to find the tax return of BORDEAUX CHEVAL CLUB ?

The tax return of BORDEAUX CHEVAL CLUB 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 BORDEAUX CHEVAL CLUB operate?

BORDEAUX CHEVAL CLUB operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.