SIREN : 722041860
BUT INTERNATIONAL is a French company founded 54 years ago, specialized in the sector Commerce de détail de meubles. Based in EMERAINVILLE (77184), this company of category GE shows in 2025 a revenue of 2.0 Mds€. 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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 963 099 202 € | 2 025 833 678 € | 2 090 517 912 € | 2 122 104 282 € | 2 118 739 403 € | 1 686 836 305 € | 1 770 894 018 € | 1 640 528 389 € | 1 534 519 266 € |
| Net income | 153 248 338 € | 29 329 487 € | 92 195 716 € | 72 010 363 € | 122 833 026 € | -61 540 008 € | 19 441 280 € | -20 947 € | 37 756 515 € |
| EBITDA | 162 597 823 € | 191 074 276 € | 200 648 262 € | 199 027 760 € | 221 076 990 € | 89 132 549 € | 81 131 917 € | 34 800 427 € | 38 564 522 € |
| Net margin | 7.8% | 1.4% | 4.4% | 3.4% | 5.8% | -3.6% | 1.1% | -0.0% | 2.5% |
In 2025, BUT INTERNATIONAL achieves revenue of 2.0 Bn€. Revenue is growing positively over 9 years (CAGR: +3.1%). Slight decline of -3% vs 2024. After deducting consumption (1.0 Bn€), gross margin stands at 939.9 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 162.6 M€, representing 8.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 153.2 M€, i.e. 7.8% of revenue. This profit can be retained or distributed to shareholders.
1 963 099 202 €
939 880 076 €
162 597 823 €
123 424 159 €
153 248 338 €
8.3%
The debt ratio (= Financial debt / Equity x 100) stands at 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
33.041%
37.38%
5.43%
1.525
24.1%
In 2025, the debt ratio of BUT INTERNATIONAL (33.04) 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 2025, the financial autonomy of BUT INTERNATIONAL (37.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2025, the repayment capacity of BUT INTERNATIONAL (1.52) 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 141.70. 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 15.4x. Operating income very largely covers interest expenses: high safety margin.
141.702
15.363
In 2025, the liquidity ratio of BUT INTERNATIONAL (141.70) 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 2025, the interest coverage of BUT INTERNATIONAL (15.4x) 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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. Excellent situation: suppliers finance 47 days of the operating cycle (retail model). Inventory turnover is 62 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 68 days of revenue, i.e. 370.7 M€ to permanently finance. Over 2017-2025, WCR increased by +71%, requiring additional financing.
370 672 391 €
10 j
57 j
62 j
68 j
Indicative estimate only : the number of comparable transactions in this sector is limited (39 transactions). This range of 166 740 552€ to 895 399 666€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 39 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 BUT INTERNATIONAL with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail de meubles
The revenue of BUT INTERNATIONAL in 2025 is 2.0 Mds€.
Yes, BUT INTERNATIONAL generated a net profit of 153.2 M€ in 2025.
The headquarters of BUT INTERNATIONAL is located in EMERAINVILLE (77184), in the department Seine-et-Marne.
The tax return of BUT INTERNATIONAL 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).
BUT INTERNATIONAL operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.