BRETAGNE CONCEPT AGENCEMENTS : revenue, balance sheet and financial ratios

BRETAGNE CONCEPT AGENCEMENTS is a French company founded 18 years ago, specialized in the sector Fabrication de meubles de bureau et de magasin. Based in TREGUEUX (22950), this company of category PME shows in 2021 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 - BRETAGNE CONCEPT AGENCEMENTS (SIREN 503427759)
Indicator 2021 2020 2019 2018
Revenue 2 448 609 € 1 797 504 € N/C N/C
Net income 222 731 € 162 193 € 102 207 € 33 022 €
EBITDA 355 258 € 258 239 € N/C N/C
Net margin 9.1% 9.0% N/C N/C

Revenue and income statement

In 2021, BRETAGNE CONCEPT AGENCEMENTS achieves revenue of 2.4 M€. Over the period 2020-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +36.2%. Vs 2020, growth of +36% (1.8 M€ -> 2.4 M€). After deducting consumption (578 k€), gross margin stands at 1.9 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 355 k€, representing 14.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 223 k€, i.e. 9.1% 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

2 448 609 €

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

1 870 290 €

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

355 258 €

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

270 413 €

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

222 731 €

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

14.5%

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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 10%. 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 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.1% 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

9.714%

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

53.133%

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

12.1%

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

0.28

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

27.6%

Solvency indicators evolution
BRETAGNE CONCEPT AGENCEMENTS

Sector positioning

Debt ratio
9.71 2021
2019
2020
2021
Q1: 11.89
Med: 45.04
Q3: 109.42
Excellent -20 pts over 3 years

In 2021, the debt ratio of BRETAGNE CONCEPT AGENCEMENTS (9.71) 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
53.13% 2021
2019
2020
2021
Q1: 19.26%
Med: 34.79%
Q3: 53.16%
Excellent

In 2021, the financial autonomy of BRETAGNE CONCEPT AGENCEMENTS (53.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.28 years 2021
2020
2021
Q1: 0.0 years
Med: 1.15 years
Q3: 3.82 years
Good -19 pts over 2 years

In 2021, the repayment capacity of BRETAGNE CONCEPT AGENCEMENTS (0.28) 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 226.51. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

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

226.511

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

0.575

Liquidity indicators evolution
BRETAGNE CONCEPT AGENCEMENTS

Sector positioning

Liquidity ratio
226.51 2021
2019
2020
2021
Q1: 170.0
Med: 227.19
Q3: 333.73
Average -19 pts over 3 years

In 2021, the liquidity ratio of BRETAGNE CONCEPT AGENCEMENTS (226.51) 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.

Interest coverage
0.57x 2021
2020
2021
Q1: 0.0x
Med: 0.77x
Q3: 3.44x
Average -15 pts over 2 years

In 2021, the interest coverage of BRETAGNE CONCEPT AGENCEMENTS (0.6x) 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: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 68 days of revenue, i.e. 464 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

464 232 €

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

87 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

77 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

68 j

WCR and payment terms evolution
BRETAGNE CONCEPT AGENCEMENTS

Positioning of BRETAGNE CONCEPT AGENCEMENTS in its sector

Comparison with sector Fabrication de meubles de bureau et de magasin

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 315 937€ to 2 306 409€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
315k€ 941k€ 2306k€
941 363 € Range: 315 937€ - 2 306 409€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 40 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 meubles de bureau et de magasin)

Compare BRETAGNE CONCEPT AGENCEMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de meubles de bureau et de magasin

Frequently asked questions about BRETAGNE CONCEPT AGENCEMENTS

What is the revenue of BRETAGNE CONCEPT AGENCEMENTS ?

The revenue of BRETAGNE CONCEPT AGENCEMENTS in 2021 is 2.4 M€.

Is BRETAGNE CONCEPT AGENCEMENTS profitable?

Yes, BRETAGNE CONCEPT AGENCEMENTS generated a net profit of 223 k€ in 2021.

Where is the headquarters of BRETAGNE CONCEPT AGENCEMENTS ?

The headquarters of BRETAGNE CONCEPT AGENCEMENTS is located in TREGUEUX (22950), in the department Cotes-d'Armor.

Where to find the tax return of BRETAGNE CONCEPT AGENCEMENTS ?

The tax return of BRETAGNE CONCEPT AGENCEMENTS 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 BRETAGNE CONCEPT AGENCEMENTS operate?

BRETAGNE CONCEPT AGENCEMENTS operates in the sector Fabrication de meubles de bureau et de magasin (NAF code 31.01Z). See the 'Sector positioning' section above to compare the company with its competitors.