CASTEL BLANCHISSERIE : revenue, balance sheet and financial ratios

CASTEL BLANCHISSERIE is a French company founded 35 years ago, specialized in the sector Blanchisserie-teinturerie de gros. Based in SAINT-MICHEL-CHEF-CHEF (44730), this company of category PME shows in 2024 a revenue of 758 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 - CASTEL BLANCHISSERIE (SIREN 379516040)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 757 909 € 730 340 € 585 884 € 460 486 € 405 863 € 545 833 € 500 810 € 508 666 € 507 485 €
Net income 17 665 € 49 362 € -13 421 € 48 140 € -4 889 € 12 826 € 6 646 € 30 067 € 15 639 €
EBITDA 132 259 € 188 411 € 98 858 € 138 998 € 91 262 € 95 064 € 67 314 € 77 420 € 67 919 €
Net margin 2.3% 6.8% -2.3% 10.5% -1.2% 2.3% 1.3% 5.9% 3.1%

Revenue and income statement

In 2024, CASTEL BLANCHISSERIE achieves revenue of 758 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. Vs 2023: +4%. After deducting consumption (36 k€), gross margin stands at 722 k€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 132 k€, representing 17.5% of revenue. Warning negative scissor effect: despite revenue change (+4%), EBITDA varies by -30%, reducing margin by 8.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 18 k€, i.e. 2.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

757 909 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

721 857 €

EBITDA (2024) ?
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

132 259 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

27 780 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

17 665 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

17.5%

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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 82%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

82.013%

Financial autonomy (2024) ?
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

40.622%

Cash flow / Revenue (2024) ?
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

16.117%

Repayment capacity (2024) ?
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

2.217

Asset age ratio (2024) ?
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

36.8%

Solvency indicators evolution
CASTEL BLANCHISSERIE

Sector positioning

Debt ratio
82.01 2024
2022
2023
2024
Q1: 5.75
Med: 52.22
Q3: 129.83
Average

In 2024, the debt ratio of CASTEL BLANCHISSERIE (82.01) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
40.62% 2024
2022
2023
2024
Q1: 19.97%
Med: 39.09%
Q3: 55.95%
Good -6 pts over 3 years

In 2024, the financial autonomy of CASTEL BLANCHISSERIE (40.6%) 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.

Repayment capacity
2.22 years 2024
2022
2023
2024
Q1: 0.03 years
Med: 0.72 years
Q3: 1.67 years
Watch

In 2024, the repayment capacity of CASTEL BLANCHISSERIE (2.22) 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 91.58. 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 5.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

91.583

Interest coverage (2024) ?
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

5.205

Liquidity indicators evolution
CASTEL BLANCHISSERIE

Sector positioning

Liquidity ratio
91.58 2024
2022
2023
2024
Q1: 106.84
Med: 166.01
Q3: 251.0
Watch -10 pts over 3 years

In 2024, the liquidity ratio of CASTEL BLANCHISSERIE (91.58) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
5.21x 2024
2022
2023
2024
Q1: 0.04x
Med: 1.74x
Q3: 4.43x
Excellent

In 2024, the interest coverage of CASTEL BLANCHISSERIE (5.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 96 days. Excellent situation: suppliers finance 62 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 25 days of revenue, i.e. 52 k€ to permanently finance. Over 2016-2024, WCR increased by +89%, requiring additional financing.

Operating WCR (2024) ?
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

51 826 €

Customer credit (2024) ?
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

34 j

Supplier credit (2024) ?
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

96 j

Inventory turnover (2024) ?
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

2 j

WCR in days of revenue (2024) ?
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

25 j

WCR and payment terms evolution
CASTEL BLANCHISSERIE

Positioning of CASTEL BLANCHISSERIE in its sector

Comparison with sector Blanchisserie-teinturerie de gros

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions). This range of 48 631€ to 759 151€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
48k€ 261k€ 759k€
261 287 € Range: 48 631€ - 759 151€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 45 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 (Blanchisserie-teinturerie de gros)

Compare CASTEL BLANCHISSERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Blanchisserie-teinturerie de gros

Frequently asked questions about CASTEL BLANCHISSERIE

What is the revenue of CASTEL BLANCHISSERIE ?

The revenue of CASTEL BLANCHISSERIE in 2024 is 758 k€.

Is CASTEL BLANCHISSERIE profitable?

Yes, CASTEL BLANCHISSERIE generated a net profit of 18 k€ in 2024.

Where is the headquarters of CASTEL BLANCHISSERIE ?

The headquarters of CASTEL BLANCHISSERIE is located in SAINT-MICHEL-CHEF-CHEF (44730), in the department Loire-Atlantique.

Where to find the tax return of CASTEL BLANCHISSERIE ?

The tax return of CASTEL BLANCHISSERIE 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 CASTEL BLANCHISSERIE operate?

CASTEL BLANCHISSERIE operates in the sector Blanchisserie-teinturerie de gros (NAF code 96.01A). See the 'Sector positioning' section above to compare the company with its competitors.