CANDELIANCE : revenue, balance sheet and financial ratios

CANDELIANCE is a French company founded 37 years ago, specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques. Based in WATTIGNIES (59139), this company of category PME shows in 2019 a revenue of 2.0 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 - CANDELIANCE (SIREN 350617924)
Indicator 2023 2022 2019 2018 2017 2017
Revenue N/C N/C 1 971 589 € 1 790 688 € 1 459 329 € 1 634 084 €
Net income -106 368 € 145 704 € -236 299 € 33 858 € 47 407 € 26 533 €
EBITDA N/C N/C -14 101 € 54 969 € 43 631 € 53 644 €
Net margin N/C N/C -12.0% 1.9% 3.2% 1.6%

Revenue and income statement

In 2023, CANDELIANCE records a net loss of 106 k€. This deficit will reduce equity on the balance sheet.

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

-106 368 €

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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 311%. 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 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

311.401%

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

15.685%

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

79.1%

Solvency indicators evolution
CANDELIANCE

Sector positioning

Debt ratio
311.4 2023
2019
2022
2023
Q1: 0.0
Med: 7.74
Q3: 43.88
Watch

In 2023, the debt ratio of CANDELIANCE (311.40) 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
15.69% 2023
2019
2022
2023
Q1: 12.27%
Med: 40.31%
Q3: 63.81%
Average -13 pts over 3 years

In 2023, the financial autonomy of CANDELIANCE (15.7%) 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
3.0 years 2019
2019
Q1: 0.0 years
Med: 0.0 years
Q3: 0.85 years
Average

In 2019, the repayment capacity of CANDELIANCE (3.00) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 212.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

212.251

Liquidity indicators evolution
CANDELIANCE

Sector positioning

Liquidity ratio
212.25 2023
2019
2022
2023
Q1: 143.48
Med: 239.57
Q3: 444.35
Average +9 pts over 3 years

In 2023, the liquidity ratio of CANDELIANCE (212.25) 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
-13.18x 2019
2019
Q1: 0.0x
Med: 0.0x
Q3: 1.3x
Watch

In 2019, the interest coverage of CANDELIANCE (-13.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
CANDELIANCE

Positioning of CANDELIANCE in its sector

Comparison with sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Similar companies (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)

Compare CANDELIANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Frequently asked questions about CANDELIANCE

What is the revenue of CANDELIANCE ?

The revenue of CANDELIANCE in 2019 is 2.0 M€.

Is CANDELIANCE profitable?

CANDELIANCE recorded a net loss in 2023.

Where is the headquarters of CANDELIANCE ?

The headquarters of CANDELIANCE is located in WATTIGNIES (59139), in the department Nord.

Where to find the tax return of CANDELIANCE ?

The tax return of CANDELIANCE 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 CANDELIANCE operate?

CANDELIANCE operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.