SIREN : 499870996
BOURBON SUBSEA SERVICES is a French company founded 18 years ago, specialized in the sector Activités des sociétés holding. Based in MARSEILLE (13002), this company of category ETI shows in 2024 a revenue of 5.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 162 737 € | 4 250 035 € | 3 237 185 € | 2 092 299 € | 2 286 149 € | 1 693 528 € | 2 648 337 € | 2 095 061 € | 2 625 396 € |
| Net income | -17 322 255 € | -23 268 693 € | 13 220 139 € | -221 089 897 € | -387 102 485 € | -33 735 396 € | -9 664 738 € | -20 355 871 € | -4 737 214 € |
| EBITDA | 2 653 756 € | 2 271 134 € | 1 387 633 € | 51 389 € | -6 866 428 € | -718 896 € | -1 320 594 € | -1 009 907 € | -136 743 € |
| Net margin | -335.5% | -547.5% | 408.4% | -10566.8% | -16932.5% | -1992.0% | -364.9% | -971.6% | -180.4% |
In 2024, BOURBON SUBSEA SERVICES achieves revenue of 5.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.8%. Vs 2023, growth of +21% (4.3 M€ -> 5.2 M€). After deducting consumption (0 €), gross margin stands at 5.2 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 2.7 M€, representing 51.4% of revenue. Warning negative scissor effect: despite revenue change (+21%), EBITDA varies by +17%, reducing margin by 2.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -17.3 M€ (-335.5% of revenue), which will impact equity.
5 162 737 €
5 162 737 €
2 653 756 €
-211 857 €
-17 322 255 €
51.4%
The debt ratio (= Financial debt / Equity x 100) stands at 211%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
210.941%
15.928%
-417.238%
-1.646
In 2024, the debt ratio of BOURBON SUBSEA SERVICES (210.94) 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 BOURBON SUBSEA SERVICES (15.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of BOURBON SUBSEA SERVICES (-1.65) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 157.76. 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 1226.4x. Operating income very largely covers interest expenses: high safety margin.
157.756
1226.396
In 2024, the liquidity ratio of BOURBON SUBSEA SERVICES (157.76) 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.
In 2024, the interest coverage of BOURBON SUBSEA SERVICES (1226.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 116 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. The company must finance 15 days of gap between collections and payments. Overall, WCR represents 2054 days of revenue, i.e. 29.5 M€ to permanently finance. Over 2016-2024, WCR increased by +164%, requiring additional financing.
29 456 977 €
116 j
101 j
0 j
2054 j
Based on 54 transactions of similar company sales
in 2024,
the value of BOURBON SUBSEA SERVICES is estimated at
9 160 606 €
(range 2 066 860€ - 15 177 156€).
With an EBITDA of 2 653 756€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(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 54 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 BOURBON SUBSEA SERVICES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of BOURBON SUBSEA SERVICES in 2024 is 5.2 M€.
BOURBON SUBSEA SERVICES recorded a net loss in 2024.
The headquarters of BOURBON SUBSEA SERVICES is located in MARSEILLE (13002), in the department Bouches-du-Rhone.
The tax return of BOURBON SUBSEA SERVICES 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).
BOURBON SUBSEA SERVICES 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.