BOURBON SUBSEA SERVICES INVESTMENTS : revenue, balance sheet and financial ratios

BOURBON SUBSEA SERVICES INVESTMENTS is a French company founded 18 years ago, specialized in the sector Affrètement et organisation des transports . Based in MARSEILLE (13002), this company of category ETI shows in 2024 a revenue of 7.3 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 SUBSEA SERVICES INVESTMENTS (SIREN 501714125)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 7 278 083 € 7 101 851 € 6 880 145 € 5 909 748 € 49 207 605 € 69 230 612 € 36 076 473 € 34 203 384 € 64 255 324 €
Net income -33 688 817 € 3 478 451 € -808 970 € 4 219 489 € -262 982 844 € 9 861 188 € 918 264 € -8 598 303 € 2 727 736 €
EBITDA -36 686 735 € 3 660 289 € 3 060 280 € 1 672 026 € -261 423 571 € -1 461 800 € 1 048 312 € 2 599 343 € 6 031 731 €
Net margin -462.9% 49.0% -11.8% 71.4% -534.4% 14.2% 2.5% -25.1% 4.2%

Revenue and income statement

In 2024, BOURBON SUBSEA SERVICES INVESTMENTS achieves revenue of 7.3 M€. Revenue is declining over the period 2016-2024 (CAGR: -23.8%). Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 7.3 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 -36.7 M€, representing -504.1% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -1102%, reducing margin by 555.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -33.7 M€ (-462.9% 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

7 278 083 €

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

7 278 083 €

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

-36 686 735 €

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

-36 648 013 €

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

-33 688 817 €

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

-504.1%

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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 -65%. 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 -90%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-65.068%

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

-89.991%

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

-463.956%

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

-0.568

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

39.2%

Solvency indicators evolution
BOURBON SUBSEA SERVICES INVESTMENTS

Sector positioning

Debt ratio
-65.07 2024
2022
2023
2024
Q1: 0.01
Med: 7.18
Q3: 44.29
Excellent -50 pts over 3 years

In 2024, the debt ratio of BOURBON SUBSEA SERVICES I... (-65.07) 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
-89.99% 2024
2022
2023
2024
Q1: 15.25%
Med: 32.76%
Q3: 53.69%
Watch

In 2024, the financial autonomy of BOURBON SUBSEA SERVICES I... (-90.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.57 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.37 years
Excellent

In 2024, the repayment capacity of BOURBON SUBSEA SERVICES I... (-0.57) 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 75.54. 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

75.541

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

-1.865

Liquidity indicators evolution
BOURBON SUBSEA SERVICES INVESTMENTS

Sector positioning

Liquidity ratio
75.54 2024
2022
2023
2024
Q1: 118.72
Med: 156.03
Q3: 230.66
Watch -58 pts over 3 years

In 2024, the liquidity ratio of BOURBON SUBSEA SERVICES I... (75.54) 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
-1.86x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.36x
Q3: 5.48x
Average -52 pts over 3 years

In 2024, the interest coverage of BOURBON SUBSEA SERVICES I... (-1.9x) 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: 27 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 293 days. Excellent situation: suppliers finance 266 days of the operating cycle (retail model). Overall, WCR represents 1590 days of revenue, i.e. 32.1 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

32 141 470 €

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

27 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

293 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

0 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

1590 j

WCR and payment terms evolution
BOURBON SUBSEA SERVICES INVESTMENTS

Positioning of BOURBON SUBSEA SERVICES INVESTMENTS in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare BOURBON SUBSEA SERVICES INVESTMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about BOURBON SUBSEA SERVICES INVESTMENTS

What is the revenue of BOURBON SUBSEA SERVICES INVESTMENTS ?

The revenue of BOURBON SUBSEA SERVICES INVESTMENTS in 2024 is 7.3 M€.

Is BOURBON SUBSEA SERVICES INVESTMENTS profitable?

BOURBON SUBSEA SERVICES INVESTMENTS recorded a net loss in 2024.

Where is the headquarters of BOURBON SUBSEA SERVICES INVESTMENTS ?

The headquarters of BOURBON SUBSEA SERVICES INVESTMENTS is located in MARSEILLE (13002), in the department Bouches-du-Rhone.

Where to find the tax return of BOURBON SUBSEA SERVICES INVESTMENTS ?

The tax return of BOURBON SUBSEA SERVICES INVESTMENTS 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 SUBSEA SERVICES INVESTMENTS operate?

BOURBON SUBSEA SERVICES INVESTMENTS operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.