SIREN : 498099290
BTD SYSTEMS is a French company founded 19 years ago, specialized in the sector Autres intermédiaires du commerce en produits divers. Based in DIJON (21000), this company of category PME shows in 2018 a revenue of 613 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
| Indicator | 2018 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 612 549 € | 432 245 € | 362 661 € |
| Net income | 22 146 € | -12 306 € | -1 740 € |
| EBITDA | 43 158 € | -3 505 € | 6 695 € |
| Net margin | 3.6% | -2.8% | -0.5% |
In 2018, BTD SYSTEMS achieves revenue of 613 k€. Over the period 2016-2018, the company shows strong growth with a CAGR (compound annual growth rate) of +30.0%. Vs 2017, growth of +42% (432 k€ -> 613 k€). After deducting consumption (344 k€), gross margin stands at 269 k€, i.e. a rate of 44%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 43 k€, representing 7.0% of revenue. Positive scissor effect: EBITDA margin improves by +7.9 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.
612 549 €
269 044 €
43 158 €
28 437 €
22 146 €
7.0%
The debt ratio (= Financial debt / Equity x 100) stands at 95%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
94.755%
9.524%
5.916%
0.715
29.0%
In 2018, the debt ratio of BTD SYSTEMS (94.75) 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 2018, the financial autonomy of BTD SYSTEMS (9.5%) 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 2018, the repayment capacity of BTD SYSTEMS (0.71) 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 85.67. 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 8.2x. Operating income very largely covers interest expenses: high safety margin.
85.669
8.182
In 2018, the liquidity ratio of BTD SYSTEMS (85.67) 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 2018, the interest coverage of BTD SYSTEMS (8.2x) 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: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Excellent situation: suppliers finance 49 days of the operating cycle (retail model). Inventory turnover is 34 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 59 days of revenue, i.e. 100 k€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.
100 005 €
42 j
91 j
34 j
59 j
Based on 85 transactions of similar company sales
(all years),
the value of BTD SYSTEMS is estimated at
86 688 €
(range 47 625€ - 266 386€).
With an EBITDA of 43 158€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.32x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 BTD SYSTEMS with other companies in the same sector:
Voir toutes les statistiques du secteur Autres intermédiaires du commerce en produits divers
The revenue of BTD SYSTEMS in 2018 is 613 k€.
Yes, BTD SYSTEMS generated a net profit of 22 k€ in 2018.
The headquarters of BTD SYSTEMS is located in DIJON (21000), in the department Cote-d'Or.
The tax return of BTD SYSTEMS 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).
BTD SYSTEMS operates in the sector Autres intermédiaires du commerce en produits divers (NAF code 46.19B). See the 'Sector positioning' section above to compare the company with its competitors.