BRIDGE AIR COMPANY SERVICE B A C S : revenue, balance sheet and financial ratios

BRIDGE AIR COMPANY SERVICE B A C S is a French company founded 19 years ago, specialized in the sector Services auxiliaires des transports aériens. Based in AULNAY-SOUS-BOIS (93600), this company of category PME shows in 2023 a revenue of 734 k€. 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 - BRIDGE AIR COMPANY SERVICE B A C S (SIREN 497553479)
Indicator 2023 2022 2021 2019 2017 2016
Revenue 733 642 € 572 705 € 427 362 € 409 493 € 525 450 € 391 585 €
Net income 5 932 € -58 619 € 16 926 € -7 442 € 26 324 € 8 167 €
EBITDA 20 423 € 68 022 € -7 587 € -2 953 € 35 851 € 16 376 €
Net margin 0.8% -10.2% 4.0% -1.8% 5.0% 2.1%

Revenue and income statement

In 2023, BRIDGE AIR COMPANY SERVICE B A C S achieves revenue of 734 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.4%. Vs 2022, growth of +28% (573 k€ -> 734 k€). After deducting consumption (75 €), gross margin stands at 734 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 2.8% of revenue. Warning negative scissor effect: despite revenue change (+28%), EBITDA varies by -70%, reducing margin by 9.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

733 642 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

733 567 €

EBITDA (2023) ?
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

20 423 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

18 198 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 932 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.8%

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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 127%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

127.12%

Financial autonomy (2023) ?
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

4.998%

Cash flow / Revenue (2023) ?
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

1.38%

Repayment capacity (2023) ?
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

3.731

Asset age ratio (2023) ?
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

9.4%

Solvency indicators evolution
BRIDGE AIR COMPANY SERVICE B A C S

Sector positioning

Debt ratio
127.12 2023
2021
2022
2023
Q1: 0.0
Med: 1.9
Q3: 66.33
Watch +12 pts over 3 years

In 2023, the debt ratio of BRIDGE AIR COMPANY SERVIC... (127.12) 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
5.0% 2023
2021
2022
2023
Q1: 2.6%
Med: 21.0%
Q3: 38.57%
Average -15 pts over 3 years

In 2023, the financial autonomy of BRIDGE AIR COMPANY SERVIC... (5.0%) 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
3.73 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 1.56 years
Watch +51 pts over 3 years

In 2023, the repayment capacity of BRIDGE AIR COMPANY SERVIC... (3.73) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 108.82. 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 3.7x. Financial charges are adequately covered by operations.

Liquidity ratio (2023) ?
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

108.822

Interest coverage (2023) ?
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

3.712

Liquidity indicators evolution
BRIDGE AIR COMPANY SERVICE B A C S

Sector positioning

Liquidity ratio
108.82 2023
2021
2022
2023
Q1: 102.78
Med: 131.13
Q3: 195.26
Average -7 pts over 3 years

In 2023, the liquidity ratio of BRIDGE AIR COMPANY SERVIC... (108.82) 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
3.71x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.08x
Q3: 5.93x
Good +41 pts over 3 years

In 2023, the interest coverage of BRIDGE AIR COMPANY SERVIC... (3.7x) 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: 190 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 119 days. The gap of 71 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 32 days of revenue, i.e. 65 k€ to permanently finance.

Operating WCR (2023) ?
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

65 169 €

Customer credit (2023) ?
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

190 j

Supplier credit (2023) ?
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

119 j

Inventory turnover (2023) ?
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 (2023) ?
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

32 j

WCR and payment terms evolution
BRIDGE AIR COMPANY SERVICE B A C S

Positioning of BRIDGE AIR COMPANY SERVICE B A C S in its sector

Comparison with sector Services auxiliaires des transports aériens

Valuation estimate

Based on 205 transactions of similar company sales (all years), the value of BRIDGE AIR COMPANY SERVICE B A C S is estimated at 43 331 € (range 24 824€ - 127 573€). With an EBITDA of 20 423€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2023
205 transactions
24k€ 43k€ 127k€
43 331 € Range: 24 824€ - 127 573€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
20 423 € × 0.9x
Estimation 18 920 €
6 683€ - 43 581€
Revenue Multiple 30%
733 642 € × 0.15x
Estimation 109 848 €
70 486€ - 342 370€
Net Income Multiple 20%
5 932 € × 0.8x
Estimation 4 586 €
1 688€ - 15 359€
How is this estimate calculated?

This estimate is based on the analysis of 205 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 (Services auxiliaires des transports aériens)

Compare BRIDGE AIR COMPANY SERVICE B A C S with other companies in the same sector:

Voir toutes les statistiques du secteur Services auxiliaires des transports aériens

Frequently asked questions about BRIDGE AIR COMPANY SERVICE B A C S

What is the revenue of BRIDGE AIR COMPANY SERVICE B A C S ?

The revenue of BRIDGE AIR COMPANY SERVICE B A C S in 2023 is 734 k€.

Is BRIDGE AIR COMPANY SERVICE B A C S profitable?

Yes, BRIDGE AIR COMPANY SERVICE B A C S generated a net profit of 6 k€ in 2023.

Where is the headquarters of BRIDGE AIR COMPANY SERVICE B A C S ?

The headquarters of BRIDGE AIR COMPANY SERVICE B A C S is located in AULNAY-SOUS-BOIS (93600), in the department Seine-Saint-Denis.

Where to find the tax return of BRIDGE AIR COMPANY SERVICE B A C S ?

The tax return of BRIDGE AIR COMPANY SERVICE B A C S 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 BRIDGE AIR COMPANY SERVICE B A C S operate?

BRIDGE AIR COMPANY SERVICE B A C S operates in the sector Services auxiliaires des transports aériens (NAF code 52.23Z). See the 'Sector positioning' section above to compare the company with its competitors.