BOULANGERIE PATISSERIE 2 BLE : revenue, balance sheet and financial ratios

BOULANGERIE PATISSERIE 2 BLE is a French company founded 6 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in SAINTE-SUZANNE (97441), this company of category PME shows in 2021 a revenue of 328 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 - BOULANGERIE PATISSERIE 2 BLE (SIREN 881988083)
Indicator 2021 2020
Revenue 328 425 € 109 984 €
Net income 42 972 € 7 179 €
EBITDA 59 183 € 12 811 €
Net margin 13.1% 6.5%

Revenue and income statement

In 2021, BOULANGERIE PATISSERIE 2 BLE achieves revenue of 328 k€. Vs 2020, growth of +199% (110 k€ -> 328 k€). After deducting consumption (114 k€), gross margin stands at 215 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 59 k€, representing 18.0% of revenue. Positive scissor effect: EBITDA margin improves by +6.4 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 43 k€, i.e. 13.1% 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

328 425 €

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

214 533 €

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

59 183 €

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

47 321 €

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

42 972 €

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

16.8%

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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 108%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Cash flow represents 16.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

108.057%

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

38.036%

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

16.702%

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

0.0

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

72.5%

Solvency indicators evolution
BOULANGERIE PATISSERIE 2 BLE

Sector positioning

Debt ratio
108.06 2021
2020
2021
Q1: 0.3
Med: 39.05
Q3: 129.5
Average

In 2021, the debt ratio of BOULANGERIE PATISSERIE 2 BLE (108.06) 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
38.04% 2021
2020
2021
Q1: 11.04%
Med: 32.73%
Q3: 52.77%
Good

In 2021, the financial autonomy of BOULANGERIE PATISSERIE 2 BLE (38.0%) 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
0.0 years 2021
2020
2021
Q1: -0.0 years
Med: 0.34 years
Q3: 3.29 years
Good -17 pts over 2 years

In 2021, the repayment capacity of BOULANGERIE PATISSERIE 2 BLE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 68.71. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

68.71

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

1.531

Liquidity indicators evolution
BOULANGERIE PATISSERIE 2 BLE

Sector positioning

Liquidity ratio
68.71 2021
2020
2021
Q1: 109.59
Med: 163.89
Q3: 246.84
Watch +6 pts over 2 years

In 2021, the liquidity ratio of BOULANGERIE PATISSERIE 2 BLE (68.71) 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
1.53x 2021
2020
2021
Q1: -0.01x
Med: 0.82x
Q3: 4.16x
Good -20 pts over 2 years

In 2021, the interest coverage of BOULANGERIE PATISSERIE 2 BLE (1.5x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 100 days. Excellent situation: suppliers finance 100 days of the operating cycle (retail model). Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 30 k€ to permanently finance.

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

29 874 €

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

0 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

100 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

9 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

33 j

WCR and payment terms evolution
BOULANGERIE PATISSERIE 2 BLE

Positioning of BOULANGERIE PATISSERIE 2 BLE in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Valuation estimate

Based on 198 transactions of similar company sales in 2021, the value of BOULANGERIE PATISSERIE 2 BLE is estimated at 316 755 € (range 200 836€ - 558 196€). With an EBITDA of 59 183€, the sector multiple of 6.0x is applied. The price/revenue ratio is 0.71x (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.

Estimated enterprise value 2021
198 transactions
200k€ 316k€ 558k€
316 755 € Range: 200 836€ - 558 196€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
59 183 € × 6.0x
Estimation 353 191 €
219 388€ - 693 849€
Revenue Multiple 30%
328 425 € × 0.71x
Estimation 232 977 €
176 935€ - 295 331€
Net Income Multiple 20%
42 972 € × 8.2x
Estimation 351 333 €
190 309€ - 613 366€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 198 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 (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare BOULANGERIE PATISSERIE 2 BLE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about BOULANGERIE PATISSERIE 2 BLE

What is the revenue of BOULANGERIE PATISSERIE 2 BLE ?

The revenue of BOULANGERIE PATISSERIE 2 BLE in 2021 is 328 k€.

Is BOULANGERIE PATISSERIE 2 BLE profitable?

Yes, BOULANGERIE PATISSERIE 2 BLE generated a net profit of 43 k€ in 2021.

Where is the headquarters of BOULANGERIE PATISSERIE 2 BLE ?

The headquarters of BOULANGERIE PATISSERIE 2 BLE is located in SAINTE-SUZANNE (97441), in the department La Reunion.

Where to find the tax return of BOULANGERIE PATISSERIE 2 BLE ?

The tax return of BOULANGERIE PATISSERIE 2 BLE 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 PATISSERIE 2 BLE operate?

BOULANGERIE PATISSERIE 2 BLE operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.