SIREN : 518674916
BT2I is a French company founded 16 years ago, specialized in the sector Activités des sièges sociaux. Based in MERIGNAC (33700), this company of category ETI shows in 2024 a revenue of 4.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 770 332 € | 1 431 885 € | 969 310 € | 956 551 € | 766 959 € | 419 201 € | N/C | N/C | N/C |
| Net income | -17 324 997 € | -3 036 650 € | -903 581 € | -42 319 119 € | -4 831 143 € | -7 936 272 € | -1 682 815 € | -55 947 € | -19 604 € |
| EBITDA | -33 867 € | -2 439 649 € | -1 123 258 € | -733 321 € | -809 919 € | -949 243 € | -105 224 € | -14 277 € | -12 508 € |
| Net margin | -363.2% | -212.1% | -93.2% | -4424.1% | -629.9% | -1893.2% | N/C | N/C | N/C |
In 2024, BT2I achieves revenue of 4.8 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +62.6%. Vs 2023, growth of +233% (1.4 M€ -> 4.8 M€). After deducting consumption (0 €), gross margin stands at 4.8 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 -34 k€, representing -0.7% of revenue. Positive scissor effect: EBITDA margin improves by +169.7 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -17.3 M€ (-363.2% of revenue), which will impact equity.
4 770 332 €
4 770 332 €
-33 867 €
-3 339 €
-17 324 997 €
-0.7%
The debt ratio (= Financial debt / Equity x 100) stands at 421%. 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). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 26.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 18.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
421.363%
16.108%
18.66%
26.686
24.9%
In 2024, the debt ratio of BT2I (421.36) 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 BT2I (16.1%) 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 BT2I (26.69) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 529.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
529.176
-53371.973
In 2024, the liquidity ratio of BT2I (529.18) 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.
In 2024, the interest coverage of BT2I (-53372.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 363 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 191 days. The gap of 172 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 1261 days of revenue, i.e. 16.7 M€ to permanently finance.
16 714 432 €
363 j
191 j
0 j
1261 j
Based on 103 transactions of similar company sales in 2024, the value of BT2I is estimated at 1 801 363 € (range 858 583€ - 3 638 131€). The price/revenue ratio is 0.38x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 103 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 BT2I with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of BT2I in 2024 is 4.8 M€.
BT2I recorded a net loss in 2024.
The headquarters of BT2I is located in MERIGNAC (33700), in the department Gironde.
The tax return of BT2I 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).
BT2I operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.