BOULANGERIE DEVELOPPEMENT PARTENARIAT : revenue, balance sheet and financial ratios

BOULANGERIE DEVELOPPEMENT PARTENARIAT is a French company founded 25 years ago, specialized in the sector Activités des sociétés holding. Based in GROISY (74570), this company of category PME shows in 2021 a revenue of 374 k€. 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

Financial history - BOULANGERIE DEVELOPPEMENT PARTENARIAT (SIREN 433645702)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 373 550 € 382 455 € 350 315 € 307 738 € 200 000 € 197 000 €
Net income 23 418 € 66 134 € 37 687 € 31 827 € -1 180 € -134 928 €
EBITDA 968 € 12 447 € 9 200 € 16 042 € -3 552 € 11 864 €
Net margin 6.3% 17.3% 10.8% 10.3% -0.6% -68.5%

Revenue and income statement

In 2021, BOULANGERIE DEVELOPPEMENT PARTENARIAT achieves revenue of 374 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +13.7%. Slight decline of -2% vs 2020. After deducting consumption (0 €), gross margin stands at 374 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 968 €, representing 0.3% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -92%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 23 k€, i.e. 6.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

373 550 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

373 550 €

EBITDA (2021) ?
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

968 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

7 239 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

23 418 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.3%

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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 50%. Debt remains under control: the company retains capacity to raise new debt if needed. 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 (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

49.619%

Financial autonomy (2021) ?
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

61.771%

Cash flow / Revenue (2021) ?
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

-2.758%

Repayment capacity (2021) ?
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

-36.378

Asset age ratio (2021) ?
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

86.0%

Solvency indicators evolution
BOULANGERIE DEVELOPPEMENT PARTENARIAT

Sector positioning

Debt ratio
49.62 2021
2019
2020
2021
Q1: 0.13
Med: 15.19
Q3: 84.93
Average -5 pts over 3 years

In 2021, the debt ratio of BOULANGERIE DEVELOPPEMENT... (49.62) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
61.77% 2021
2019
2020
2021
Q1: 21.52%
Med: 60.87%
Q3: 89.3%
Good

In 2021, the financial autonomy of BOULANGERIE DEVELOPPEMENT... (61.8%) 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.

Repayment capacity
-36.38 years 2021
2019
2020
2021
Q1: -0.0 years
Med: 0.11 years
Q3: 3.68 years
Excellent

In 2021, the repayment capacity of BOULANGERIE DEVELOPPEMENT... (-36.38) 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 550.97. 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 463.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

550.971

Interest coverage (2021) ?
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

463.43

Liquidity indicators evolution
BOULANGERIE DEVELOPPEMENT PARTENARIAT

Sector positioning

Liquidity ratio
550.97 2021
2019
2020
2021
Q1: 108.17
Med: 446.13
Q3: 2343.75
Good

In 2021, the liquidity ratio of BOULANGERIE DEVELOPPEMENT... (550.97) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
463.43x 2021
2019
2020
2021
Q1: -44.79x
Med: 0.0x
Q3: 0.0x
Excellent

In 2021, the interest coverage of BOULANGERIE DEVELOPPEMENT... (463.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 134 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. The gap of 94 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 356 days of revenue, i.e. 369 k€ to permanently finance. Over 2016-2021, WCR increased by +18416%, requiring additional financing.

Operating WCR (2021) ?
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

369 490 €

Customer credit (2021) ?
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

134 j

Supplier credit (2021) ?
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

40 j

Inventory turnover (2021) ?
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 (2021) ?
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

356 j

WCR and payment terms evolution
BOULANGERIE DEVELOPPEMENT PARTENARIAT

Positioning of BOULANGERIE DEVELOPPEMENT PARTENARIAT in its sector

Comparison with sector Activités des sociétés holding

Valuation estimate

Based on 98 transactions of similar company sales in 2021, the value of BOULANGERIE DEVELOPPEMENT PARTENARIAT is estimated at 77 011 € (range 34 369€ - 176 529€). With an EBITDA of 968€, the sector multiple of 5.2x is applied. The price/revenue ratio is 0.46x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
98 tx
34k€ 77k€ 176k€
77 011 € Range: 34 369€ - 176 529€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
968 € × 5.2x
Estimation 5 078 €
2 683€ - 7 830€
Revenue Multiple 30%
373 550 € × 0.46x
Estimation 173 408 €
84 786€ - 363 887€
Net Income Multiple 20%
23 418 € × 4.8x
Estimation 112 250 €
37 962€ - 317 243€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités des sociétés holding)

Compare BOULANGERIE DEVELOPPEMENT PARTENARIAT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about BOULANGERIE DEVELOPPEMENT PARTENARIAT

What is the revenue of BOULANGERIE DEVELOPPEMENT PARTENARIAT ?

The revenue of BOULANGERIE DEVELOPPEMENT PARTENARIAT in 2021 is 374 k€.

Is BOULANGERIE DEVELOPPEMENT PARTENARIAT profitable?

Yes, BOULANGERIE DEVELOPPEMENT PARTENARIAT generated a net profit of 23 k€ in 2021.

Where is the headquarters of BOULANGERIE DEVELOPPEMENT PARTENARIAT ?

The headquarters of BOULANGERIE DEVELOPPEMENT PARTENARIAT is located in GROISY (74570), in the department Haute-Savoie.

Where to find the tax return of BOULANGERIE DEVELOPPEMENT PARTENARIAT ?

The tax return of BOULANGERIE DEVELOPPEMENT PARTENARIAT 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 BOULANGERIE DEVELOPPEMENT PARTENARIAT operate?

BOULANGERIE DEVELOPPEMENT PARTENARIAT operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.