BOURBON PLASTIQUES BATIMENT : revenue, balance sheet and financial ratios

BOURBON PLASTIQUES BATIMENT is a French company founded 21 years ago, specialized in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques. Based in BRAS-PANON (97412), this company of category ETI shows in 2024 a revenue of 2.4 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

Financial history - BOURBON PLASTIQUES BATIMENT (SIREN 478274277)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 2 419 650 € 2 992 880 € 2 922 379 € 2 317 411 € 4 043 670 € 5 316 694 € 5 623 834 € 5 685 696 € N/C 7 240 924 €
Net income -560 099 € -680 775 € -227 566 € -339 544 € -756 977 € -310 698 € -966 153 € 96 446 € 411 941 € 579 641 €
EBITDA -348 592 € 125 695 € 356 861 € -59 220 € -608 821 € -184 092 € -283 211 € 161 152 € N/C 557 663 €
Net margin -23.1% -22.7% -7.8% -14.7% -18.7% -5.8% -17.2% 1.7% N/C 8.0%

Revenue and income statement

In 2024, BOURBON PLASTIQUES BATIMENT achieves revenue of 2.4 M€. Revenue is declining over the period 2015-2024 (CAGR: -11.5%). Significant drop of -19% vs 2023. After deducting consumption (742 k€), gross margin stands at 1.7 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -349 k€, representing -14.4% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -377%, reducing margin by 18.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -560 k€ (-23.1% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 419 650 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 677 291 €

EBITDA (2024) ?
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

-348 592 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-590 019 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-560 099 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-14.3%

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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 130%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

130.403%

Financial autonomy (2024) ?
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

36.889%

Cash flow / Revenue (2024) ?
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

-14.733%

Repayment capacity (2024) ?
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

-6.417

Asset age ratio (2024) ?
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

21.2%

Solvency indicators evolution
BOURBON PLASTIQUES BATIMENT

Sector positioning

Debt ratio
130.4 2024
2022
2023
2024
Q1: 0.73
Med: 15.01
Q3: 54.26
Watch

In 2024, the debt ratio of BOURBON PLASTIQUES BATIMENT (130.40) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
36.89% 2024
2022
2023
2024
Q1: 36.22%
Med: 56.58%
Q3: 72.34%
Average -21 pts over 3 years

In 2024, the financial autonomy of BOURBON PLASTIQUES BATIMENT (36.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-6.42 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.27 years
Q3: 1.35 years
Excellent -56 pts over 3 years

In 2024, the repayment capacity of BOURBON PLASTIQUES BATIMENT (-6.42) 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 263.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

263.298

Interest coverage (2024) ?
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

-28.985

Liquidity indicators evolution
BOURBON PLASTIQUES BATIMENT

Sector positioning

Liquidity ratio
263.3 2024
2022
2023
2024
Q1: 161.7
Med: 262.65
Q3: 376.36
Good -14 pts over 3 years

In 2024, the liquidity ratio of BOURBON PLASTIQUES BATIMENT (263.30) 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
-28.98x 2024
2022
2023
2024
Q1: 0.04x
Med: 2.6x
Q3: 12.16x
Watch -50 pts over 3 years

In 2024, the interest coverage of BOURBON PLASTIQUES BATIMENT (-29.0x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Favorable situation: supplier credit is longer than customer credit by 23 days. Inventory turnover is 324 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 627 days of revenue, i.e. 4.2 M€ to permanently finance.

Operating WCR (2024) ?
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

4 212 465 €

Customer credit (2024) ?
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

33 j

Supplier credit (2024) ?
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

56 j

Inventory turnover (2024) ?
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

324 j

WCR in days of revenue (2024) ?
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

627 j

WCR and payment terms evolution
BOURBON PLASTIQUES BATIMENT

Positioning of BOURBON PLASTIQUES BATIMENT in its sector

Comparison with sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of BOURBON PLASTIQUES BATIMENT is estimated at 492 270 € (range 235 329€ - 662 475€). The price/revenue ratio is 0.20x (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 2024
76 tx
235k€ 492k€ 662k€
492 270 € Range: 235 329€ - 662 475€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
2 419 650 € × 0.20x = 492 271 €
Range: 235 330€ - 662 475€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 76 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 de plaques, feuilles, tubes et profilés en matières plastiques)

Compare BOURBON PLASTIQUES BATIMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Frequently asked questions about BOURBON PLASTIQUES BATIMENT

What is the revenue of BOURBON PLASTIQUES BATIMENT ?

The revenue of BOURBON PLASTIQUES BATIMENT in 2024 is 2.4 M€.

Is BOURBON PLASTIQUES BATIMENT profitable?

BOURBON PLASTIQUES BATIMENT recorded a net loss in 2024.

Where is the headquarters of BOURBON PLASTIQUES BATIMENT ?

The headquarters of BOURBON PLASTIQUES BATIMENT is located in BRAS-PANON (97412), in the department La Reunion.

Where to find the tax return of BOURBON PLASTIQUES BATIMENT ?

The tax return of BOURBON PLASTIQUES BATIMENT 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 BOURBON PLASTIQUES BATIMENT operate?

BOURBON PLASTIQUES BATIMENT operates in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques (NAF code 22.21Z). See the 'Sector positioning' section above to compare the company with its competitors.